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As iPhone sales in China continue to decline, two of the country’s biggest online retailers are offering discounts of up to $350 on certain models. While sales are rare in the US, to say the least, Apple or local resellers have regularly offered iPhone discounts in China. It will be because iPhone sales continue to decline in the country, but also because China has key shopping seasons, including “618” in June. Ahead of this year’s “618” shopping season, Reuters reports that two of China’s biggest online resellers have launched promotional offers on the iPhone 16 range. Such sales are now an annual…
A Pony.ai autonomous car.Pony.aiBEIJING — One of Pony.ai’s robotaxis caught fire for the first time on Tuesday, with no people harmed in the incident, the U.S.-listed Chinese startup told CNBC. The company did not disclose the reason behind the fire. Videos purporting to show the incident in Beijing had circulated on social media. CNBC could not independently verify this footage. Electric cars such as those from Tesla, which is trying to develop its own robotaxi, have previously caught blaze.Pony.ai said that one of its fully self-driving vehicles was detected as having an abnormal status in Beijing around 9:30 a.m. local…
DES MOINES, Iowa — A Brazilian scientist who pushed back against chemical fertilizers and researched biologically based approaches to more robust food production has been honored with this year’s World Food Prize, the organization announced Tuesday.Microbiologist Mariangela Hungria’s research helped her country become an agricultural powerhouse, an accomplishment that has now won her $500,000 from the Iowa-based World Food Prize Foundation. Hungria has been researching biological seed and soil treatments for 40 years, and has worked with Brazilian farmers to implement her findings.“I still cannot believe it. Everybody said, my whole life, it’s improbable, you are going the wrong way,…
Former Reform MP Rupert Lowe will not be charged after facing allegations of making threats, the Crown Prosecution Service (CPS) has said. Malcolm McHaffie, head of the Crown Prosecution Service’s Special Crime Division, said after considering a number of witness statements they have concluded that there is “insufficient evidence to provide a realistic prospect of conviction”. Politics live: Minister responds to Canadian PM’s criticism of Trump state visit offerHe added: “The Crown Prosecution Service’s function is not to decide whether a person is guilty of a criminal offence, but to make fair, independent, and objective assessments about whether it is…
[SINGAPORE] EC World Real Estate Investment Trust’s (Reit) net property income for the first quarter of 2025 more than halved to S$10.8 million, from S$23.3 million in the same period last year. Revenue was down 49.9 per cent to S$12.7 million from S$25.3 million year on year, the Reit manager said on Wednesday (May 14).No distribution has been declared for Q1, due to insufficient funds. Trading of the Reit’s units has been suspended since Aug 31, 2023, when the manager disclosed that ECW Group, comprising the Reit and its subsidiaries, could not fully repay its offshore interest expenses.Trading of its units…
First quarter revenue of $6.75 million, a 17% increase year-over-year, driven by employer and health plan (B2B2C) growth, and a decrease of 11% sequentially. Gross margin increased to 57.5% compared to 42.2% in the first quarter of 2024 Gross margin (non-GAAP) increased to 70.5%, up from 62.4% in the first quarter of 2024 Operating expenses decreased by 35% compared to the first quarter of 2024 and 16% sequentially, with additional efficiencies anticipated through ongoing AI-driven process optimization GAAP operating loss decreased by 47% compared to the first quarter of 2024, improving to $9.4 million Non-GAAP operating loss decreased by 36%…
The bonus measures affected around 1,000 people, some of whom challenged the decision with Switzerland’s Federal Administrative CourtPublished Wed, May 14, 2025 · 06:10 PM[ZURICH] A top Swiss court has ruled that the Swiss government’s reductions and cancellations of bonus payments to former executives of Credit Suisse after the bank failed in 2023 were unlawful, according to the ruling published late on Tuesday (May 13).The bonus measures affected around 1,000 people, some of whom challenged the decision with Switzerland’s Federal Administrative Court, which upheld their appeal.“The variable remunerations reduced by the (Swiss finance ministry) were binding, employer-guaranteed claims deriving from…
In February, Ella Stapleton, then a senior at Northeastern University, was reviewing lecture notes from her organizational behavior class when she noticed something odd. Was that a query to ChatGPT from her professor?Halfway through the document, which her business professor had made for a lesson on models of leadership, was an instruction to ChatGPT to “expand on all areas. Be more detailed and specific.” It was followed by a list of positive and negative leadership traits, each with a prosaic definition and a bullet-pointed example.Ms. Stapleton texted a friend in the class.“Did you see the notes he put on Canvas?”…
Tasha Hedges took Xanax for 20 years to treat her anxiety and panic attacks, exactly as a psychiatrist had prescribed it. Then in 2022, that doctor unexpectedly died.A general practitioner continued her prescription but retired shortly afterward. The next doctor moved to Canada. Finally, Ms. Hedges found a new psychiatrist.“The first thing he did was start yelling at me that I had been on Xanax too long,” said Ms. Hedges, 41, who lives in Falling Waters, W.Va. “He ripped me off my meds.”Discontinuing the drug typically requires decreasing the dose slowly over months or even years, a process called tapering.…
Sara Bareilles is emerging from a monthslong bought of acute anxiety.The singer, songwriter and Broadway star has grappled with the condition for years. She had been doing well enough to stop taking Lexapro, an antidepressant, she said. Then a close friend died, and she began to spiral downward.“The bottom dropped out and I couldn’t find the surface again,” Ms. Bareilles said onstage at the New York Times Well Festival in Brooklyn last week.Ms. Bareilles was speaking on a panel about living with anxiety, alongside Dacher Keltner, a professor of psychology at the University of California, Berkeley. It was moderated by…