Friday, March 28, 2025

1 dead, 2 missing in sludge collapse at Chinese-fund nickel plant in Indonesia

A tragic incident at a nickel processing plant in Indonesia, funded by Chinese investment, has resulted in one confirmed death and two individuals reported missing after a sludge collapse. Rescue operations are ongoing as authorities investigate the cause of the accident.

Two French air display jets crash in rehearsal

Two French air display jets crashed during a rehearsal on Wednesday, igniting concerns over safety protocols in aerial demonstrations. Emergency services rushed to the scene, with preliminary reports indicating no fatalities among pilots. Investigations are ongoing.

South Korean officials say a helicopter engaged in firefighting has crashed

South Korean officials confirmed that a firefighting helicopter has crashed while responding to an ongoing blaze in a remote region. Authorities are currently investigating the cause of the incident and assessing the condition of the crew members.

Technology

Another Activision Division Has Voted To Unionize

In a significant move for labor rights in the gaming industry, another division of Activision has voted to unionize, following a trend of increasing employee organization. This decision reflects growing demands for better working conditions and fair treatment within the company.

Amazon Big Spring Sale Has Some of the Best Deals of the Year So Far

Amazon's Big Spring Sale is turning heads with some of the best deals of the year. Shoppers can find significant discounts across categories, from electronics to home goods, making it an ideal time to stock up on essentials and gifts alike.

Can Discord solve gaming’s discovery problem?

As gaming enthusiasts grapple with an overwhelming array of titles, Discord emerges as a potential solution to the industry's discovery dilemma. With its community-driven approach, the platform offers a space for players to share recommendations and foster connections, potentially reshaping how games are discovered and enjoyed.

Scandal-Hit WiseTech Faces Rising Pressure From Top Pensions

WiseTech Global, embroiled in a scandal that has drawn significant scrutiny, is now facing intensified pressure from top pension funds. Investors are demanding greater transparency and accountability as concerns mount over governance practices.

Share a tip on your trip to Portugal

When visiting Portugal, don’t miss the local cuisine. Sample authentic dishes like bacalhau à brás or pastel de nata at family-owned taverns. Ask locals for their favorite spots—these hidden gems often offer the most flavorful experiences.

Scandal-Hit WiseTech Faces Rising Pressure From Top Pensions

WiseTech Global, embroiled in a scandal that has drawn significant scrutiny, is now facing intensified pressure from top pension funds. Investors are demanding greater transparency and accountability as concerns mount over governance practices.

Nintendo Shares Surge as Goldman Sees Switch 2 Fueling Users

Nintendo shares have surged following a bullish report from Goldman Sachs, which anticipates that the upcoming Switch 2 will significantly boost user engagement and drive sales. Investors are optimistic about the potential for renewed excitement in the gaming market.

Chinese Tech Stocks Near Correction in Sharp Sentiment Reversal

Chinese tech stocks are hovering near correction territory following a sharp reversal in market sentiment. Investors are reassessing growth prospects amid regulatory uncertainties and economic slowdown, raising questions about the sector's resilience moving forward.

Jack Ma-Backed Ant Touts AI Breakthrough on Chinese Chips

Ant Group, backed by Jack Ma, recently unveiled a significant breakthrough in artificial intelligence for Chinese chips, aiming to enhance computational efficiency. This innovation positions Ant at the forefront of China's tech evolution, amidst growing competition in the AI sector.

Levittown E2: ‘I’m Also on the Website’ (Podcast)

In the latest episode of "Levittown E2," hosts delve into the nuances of digital identity in the modern era. Featuring insightful interviews and lively discussions, the podcast highlights how being "on the website" impacts personal narratives and community connections.

StubHub Co-Founder Takes Tortuous Path to Initial Share Offering

StubHub co-founder Eric D. was once hailed as a ticketing innovator, but his journey to an initial share offering has been anything but smooth. Regulatory hurdles and market volatility have made the path to public trading increasingly complex and unpredictable.

US Backlog Pushes European Unicorns to Eye Local IPOs, Citi Says

As U.S. stock market backlogs persist, European unicorns are increasingly considering local IPOs as a viable alternative. Citi reports that this shift could reshape the European financial landscape, encouraging homegrown ventures to capitalize on regional investor interest.

Trump Loves AI But His Tariffs Ramp Up Costs for Data Centers

Former President Trump has expressed enthusiasm for artificial intelligence, touting its potential to drive innovation. However, his administration's tariffs on key technology components are increasing costs for data centers, potentially stifling the very growth he champions.

Intel’s New CEO Faces ‘Show Me’ Moment After $22 Billion Rally

Intel's new CEO faces a pivotal challenge as the company experiences a $22 billion stock rally, raising expectations among investors. Success will require innovative strategies and tangible results to sustain this momentum in a competitive market.

Asos’s New Bearish Analyst Sees Stock Tumbling to 2001 IPO Price

Asos faces a challenging future as a newly bearish analyst predicts the stock could plummet to its 2001 IPO price. Concerns about declining sales and increased competition weigh heavily, prompting investors to reassess the online retailer's viability.

Assassin’s Creed Creator Ubisoft Said to Seek Gaming Backers

Ubisoft, the studio behind the iconic "Assassin’s Creed" franchise, is reportedly exploring potential partnerships with gaming investors. This move comes amid ongoing financial challenges, as the company seeks to bolster its resources for upcoming projects.

Nvidia-Supplier Hon Hai’s Profit Misses as AI Doubts Persist

Hon Hai Precision Industry, a key supplier to Nvidia, reported a disappointing profit that fell short of analyst expectations, amid growing concerns about the sustainability of AI demand. The results raise questions about future growth in the tech sector.

Introducing ‘Levittown’ (Podcast)

"Levittown," a new podcast, dives deep into the historical and cultural impact of America's first mass-produced suburb. Through interviews and archival sounds, it explores the challenges and triumphs of suburban life, shedding light on its legacy today.

Musk’s Starlink Signs Pact With Ambani’s Jio After Rival Bharti

In a significant move, Elon Musk’s Starlink has secured a partnership with Mukesh Ambani's Jio, following a similar agreement with rival Bharti Airtel. This collaboration aims to enhance satellite broadband services in India, intensifying the competition in the telecom sector.

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