03/08/2021

Automotive

Chip shortage 'likely' to hit second half, BMW predicts

German car giant BMW posted record profit of 4.8 billion euros for the second quarter on Tuesday, but warned the second half of the year would "likely" be affected by semiconductor shortages.

Business

China gaming shares dive after 'spiritual opium' warning

Shares of Tencent and other major Chinese gaming companies plummeted Tuesday after a state-run media article described online games as "spiritual opium", prompting the tech giant to consider a playing ban on children under ...

Business

Australia's Qantas to furlough 2,500 workers

Australian airline Qantas announced Tuesday it will furlough 2,500 workers as coronavirus outbreaks and regional lockdowns pummel demand for flights.

Internet

AP, Reuters to help Twitter elevate more credible info

Twitter has signed a deal with The Associated Press and Reuters to help elevate accurate information on its platform. Twitter said Monday that the program will expand its existing work to help explain why certain subjects ...

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