Tokyo-based CRI Middleware Co., Ltd. (CRI) is making strides in expanding its global game business through three key initiatives. One of the company’s latest developments is the addition of support for the next-generation codec AV1 in its popular “CRI Sofdec®” video playback middleware. This new feature is expected to improve compression performance and reduce latency, … Read more
New Delhi: India and the United Kingdom are working to deepen bilateral ties, and ‘continuing negotiations at pace’ towards a Free Trade Agreement and Bilateral Investment Treaty creating new opportunities for across both economies, UK Chancellor Rachel Reeves and Indian Finance Minister Nirmala Sitharaman said in a joint statement on Wednesday. “Both sides agree that … Read more
Hedge funds have placed a record number of short bets against stocks since U.S. President Donald Trump announced his reciprocal trade tariffs on April 2. According to U.S. investment bank Goldman Sachs (GS), which tracks the moves of major hedge funds around the world, the so called “smart money” remains bearish on stocks. … Read more
Pace CCS, a leading company in carbon capture and storage (CCS) design, has announced a groundbreaking collaboration with Foxconn, a renowned technology manufacturer, and TEWE (Taiwan East West Enterprises (CHEMA) Ltd.), a trusted sales and service provider to Taiwan’s industrial sector. The three industry leaders have joined forces to develop an innovative chemical injection unit … Read more
Hedge funds are selling stocks at the fastest pace in four years as tariffs and signs of an economic slowdown in America upend markets worldwide. Investment bank Goldman Sachs’ (GS) says that hedge funds are selling stocks and covering their short bets at the fastest rate since 2021 when inflation began to rise … Read more
India recently marked a milestone by building a 422m hyperloop test track, aiming for speeds over 1,000km per hour, which could slash travel times from hours to minutes. Work itself remains painfully slow with a commercial hyperloop still years away. Here’s why.
Tekken 8 has sold 3 million copies a year from release, Bandai Namco has announced. The company said it had achieved the sales milestone at a faster pace than Tekken 7, which has so far sold 12 million copies worldwide 10 years after launch. Tekken 8 had sold 2 million units a month after going … Read more
The PS5 Pro was released on November 7th, 2024. It promised an improvement on existing PS5 hardware, featuring a 45% faster GPU, a deep learning image upscaling technology, ray tracing that’s twice as fast as the PS5, and 2 TB of SSD storage. This allows the PS5 Pro to 4K resolutions at 60 FPS for … Read more
Cryptocurrency exchange Bybit CEO Ben Zhou said the exchange has processed all withdrawals, and its system is “fully back to normal pace” after being hit by the single largest hack in the crypto industry’s 15-year history. “12 hr from the worst hack in history. ALL withdraws have been processed. Our withdraw system is now fully … Read more
Nutanix report claims data privacy and security are pushing companies to invest more $57.3bn spent on compute and storage infrastructure in Q3 2024 90% of firms expect costs to rise, but 70% are hopeful for an ROI in the next 2-3 years Sky-high rates of GenAI adoption are leading to sky-high rates of cloud adoption, … Read more