Elon Musk has claimed that the Starlink Ukraine operation has cost SpaceX $80 million so far, and will exceed $100 million by the end of the year. Story Published at: October 14, 2022 at 11:43AM
Musk says SpaceX cannot fund Starlink in Ukraine ‘indefinitely’ after report he asked Pentagon to pay
Mark Zuckerberg said he missed a giant shift in social networking
Meta CEO Mark Zuckerberg said that people are increasingly using their social networking “feeds” to discover content regardless if it was shared by friends.Story Published at: October 13, 2022 at 10:14PM
British finance minister races back to London as pressure builds for another policy U-turn
Prime Minister Liz Truss is under immense pressure to rethink her economic policies as opinion polls show support for her government has collapsed.Story Published at: October 14, 2022 at 09:20AM
UK’s Royal Mail reveals plans to cut up to 6,000 jobs by next summer
The news follows a summer of strikes by postal workers in the U.K. Story Published at: October 14, 2022 at 08:12AM
Russia looks to deprive Ukrainians of water and electricity as winter approaches
Ukraine is dealing with the aftermath of another day of missile attacks with power and water supplies damaged after Russia targeted energy infrastructure.Story Published at: October 14, 2022 at 06:29AM
UK cliff edge arrives as Bank of England prepares to end its emergency bond buying
The central bank’s emergency program draws to a close Friday, but traders remain on edge as volatility in the U.K. gilt market looks set to continue.Story Published at: October 14, 2022 at 06:44AM
China’s consumer prices jump by the most in more than two years
China’s consumer prices rose in September at their fastest pace in more than two years as pork prices climbed, the National Bureau of Statistics said Friday.Story Published at: October 14, 2022 at 04:43AM
Singapore’s third-quarter GDP beats estimates, central bank tightens policy
Singapore avoided a technical recession, with quarterly GDP growth coming in a 1.5% on a seasonally adjusted basis, after a contraction in the previous quarter.Story Published at: October 14, 2022 at 02:34AM
China is no longer just any emerging market — it has become its own beast
China is no longer just another emerging market play. The country is becoming its own beast — with all the risks and rewards that come with being a world power.Story Published at: October 14, 2022 at 01:44AM
Xi wanted China to be at the tech frontier. 5 years on, tensions with the U.S. have dented that goal
In 2017, Xi Jinping spoke about China’s ambition in ‘frontier’ tech. Five years on, as the Communist Party’s 20th National Congress approaches, results are mixed. Story Published at: October 14, 2022 at 01:17AM