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04 Apr Delete history: Pornhub changed the world, but its empire faces a reckoning

Posted at 08:00h in Canada

Pornhub completely disrupted the adult entertainment industry, and its influence on culture and our collective experiences of sexual expression online is undeniable.But Pornhub, which bills itself as the world's leading free porn site, is now attempting to adapt to the times itself. It's facing a...

04 Apr What Tesla’s troubles tell us about the EV industry

Posted at 08:00h in Canada

Tesla's disastrous earnings report this week has sparked a sell-off of the world's largest electric vehicle manufacturer and widespread skepticism about the state of the EV industry as a whole."This is a fork in the road, not just for Tesla, but for the entire industry,"...

04 Apr Home-grown hydrogen energy start-up Epago aims to tap Hong Kong’s innovation ecosystem to expand to China and overseas

Posted at 06:07h in Asia

Having started out as a research project looking at fuel cell electrodes at HKSTP, the company has developed a new structure of membrane electrode assemblies (MEA), the most critical component of hydrogen fuel cell batteries which makes it possible to convert hydrogen into electricity.Because of...

04 Apr Coinbase partner ClearBank posts first full-year of profit

Posted at 06:07h in Europe

Charles McManus, CEO of ClearBank, speaks at the Innovate Finance Global Summit in April 2023.Chris Ratcliffe | Bloomberg | Getty ImagesClearBank, a British financial technology firm powering payments for the likes of Coinbase, scored its first full year of profit after higher interest rates helped...

04 Apr Apple’s ‘next big thing’: home robotics take precedence at iPhone maker after electric car cancelled

Posted at 04:04h in Asia

Apple has teams investigating a push into personal robotics, a field with the potential to become one of the company’s ever-shifting “next big things”, according to people familiar with the situation.Engineers at Apple have been exploring a mobile robot that can follow users around their...

04 Apr Chinese cultivated meat producer CellX expands to fermentation, eyeing boom in global demand for alternative proteins

Posted at 02:00h in Asia

CellX, a Shanghai-based cultivated meat start-up, is betting biomass fermentation from edible mushrooms will be the next frontier in the alternative protein market, as animal cell-based protein products face uncertain regulatory resistance overseas and amid a longer timeline for large-scale commercialisation.Cultivated meat is produced by...

03 Apr China’s Communist Party finance organ draws institutional road map for sector

Posted at 22:00h in Asia

China’s 461-trillion-yuan (US$63.7 trillion) financial industry and its regulatory regime will be heavily prioritised in a broad economic reshuffle engendered by the country’s top leadership, with the sector remoulded to serve national objectives like sustainable growth and advancement in the global tech race.The Central Financial...

03 Apr Lightspeed Commerce cutting 280 jobs, as it aims for profitable growth

Posted at 18:05h in Canada

Lightspeed Commerce is cutting about 280 jobs, less than two months after its founder returned to the helm of the Montreal-based technology company.After integrating the company's many acquisitions, "Lightspeed is now entering a new phase, one focused on profitable growth to capture the opportunity in front...

03 Apr Indigo agrees to go private after sale to holding company owned by chief executive’s spouse

Posted at 13:45h in Canada

Indigo Books & Music Inc. has agreed to be taken private after agreeing to a sweetened offer from a holding company connected to its largest shareholder.The retailer says its agreement will see Trilogy Retail Holdings Inc. and Trilogy Investments L.P. pay $2.50 per share in...

03 Apr Hungary’s Orban, a long-time Trump ally, rocked by political scandals

Posted at 13:18h in Europe

Hungary's Prime Minister Viktor Orban arrives to attend a European Council summit at the EU headquarters in Brussels on March 21, 2024.Sameer Al-doumy | Afp | Getty ImagesHungarian Prime Minister Viktor Orban has run into political trouble ahead of European parliamentary elections in June, with...

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