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Brent Oil Price Drops Below $90 A Barrel
Business, News

Brent Oil Price Drops Below $90 A Barrel

The price for a barrel of Brent oil fell by 2 percent on Monday to below $ 90 a barrel. Traders appear to be anticipating a further tightening of monetary policy, with a high probability of an economic slowdown. The US Federal Reserve and the Bank of England will make an interest rate decision this week. On the other hand, the US dollar is close to an all-time high, making dollar-priced commodities more expensive. Fears of a recession in Europe are mounting - the Bundesbank also estimates the chance of at least two-quarters of negative economic growth in Germany to be very high. That should lead to less demand for crude oil. On the supply side, crude oil exports have returned to normal in Basra (Iraq).
Apple is Already Releasing a New Safari on the Eve of macOS Ventura
News, Technology

Apple is Already Releasing a New Safari on the Eve of macOS Ventura

One of the novelties in Apple's next operating system is macOS 13 Ventura, which will be released in October, which is the sixteenth version of Safari. However, that brand new browser has been available to download separately since Tuesday and offers a few useful new features. Tab groups allow Mac users to organize their favourite tabs in an organized manner. You can then quickly reaccess them via the sidebar of Safari, which has been redesigned in version 16. What's especially new, however, is that you can create tab group homepages, each with its own background photo and favourites. Soon you will also be able to share the groups (via the Messages app) with other macOS Ventura users or iPhone owners who have upgraded to iOS 16. Handy if you want to plan your next holiday toge...
Charles Michel in Qatar to Discuss Energy Crisis
Business, Europe, Middle East, News, Qatar

Charles Michel in Qatar to Discuss Energy Crisis

Charles Michel, the president of the European Council, arrived in the Qatari capital Doha on Wednesday. He is on a diplomatic mission with the European Union to discuss various issues such as the war in Ukraine and the energy crisis, AFP reports. The visit is "an important signal of our political will to strengthen ties with Qatar" in several areas such as "energy, economic development and global security", Michel said. He will meet several people during his visit, including Sheikh Tamim ben Hamad Al-Thani, the Emir of Qatar, and the Minister of Energy, Saad Sherida al-Kaabi. Gas shortages are looming in Europe this winter as the Russian state gas company recently announced the shutdown of the critical Nord Stream 1 pipeline. Qatar is one of the principal gas producers in t...
Eurozone Retailers Sold Slightly More in July
Business, Europe, News

Eurozone Retailers Sold Slightly More in July

Retailers in the eurozone sold slightly more goods in July. According to the European statistics bureau Eurostat, the sales volume increased by 0.3 percent compared to a month earlier. In June, sales fell by 1 percent. According to Eurostat, sales of car fuel rose by 0.4 percent, and food and stimulants showed a plus of 0.1 percent. However, non-food sales volume fell by 0.4 percent because consumers buy fewer non-essential goods due to high inflation. Compared to a year ago, retail sales volume in the euro area fell by 0.9 percent.
Top Man of VR Project Horizon Resigns from Meta
News, Technology, US

Top Man of VR Project Horizon Resigns from Meta

Vivek Sharma, the vice president of VR platform Horizon, is stepping down from Meta. Horizon is one of the spearheads of the metaverse that the company is building above Facebook. Vivek Sharma spent six years at Facebook's parent company, previously responsible for Marketplace and the Gaming business unit, among other things. As vice president, he expanded Horizon: the VR business unit that has shaped the emerging metaverse. Horizon Worlds is one of the VR projects he watched: a project that is very reminiscent of the ancient online game Second Life, but with an extra layer of virtual reality. But Vivek Sharma is equally responsible for Horizon Workrooms and Venues: the apps for collaborating and meeting in a VR environment or going to live events virtually. It is unknown why ...
Google Classifies Innocent Photo of Naked Child as Child Porn and Closes Account
News, Technology

Google Classifies Innocent Photo of Naked Child as Child Porn and Closes Account

A man was kicked out of his Google account and received a visit from the police for sending a photo of his child's genitals to his doctor. The story sounds like a privacy nightmare. The toddler in question had swelling around his crotch. In preparation for a video consultation, he sent pictures of the condition to the doctor at the request of medical personnel. The facts date from February 2021, when many doctors' practices in the US were not easily accessible due to corona. The condition was treated with antibiotics. However, two days later, the man notified Google that his accounts were being blocked for harmful content, violating Google's policy, and may have committed illegal acts. As a result, the man no longer had access to emails, contacts, or online photos, and even hi...
Apple Employees have to Go Back to the Office 3 Days a Week
News, Technology

Apple Employees have to Go Back to the Office 3 Days a Week

Apple wants its employees to be back in the office at least three days a week from September 5. It's not the first time Apple has tried to get people back to the office. However, several lockdowns over the past two years have slowed down previous efforts. In practice, Apple will require employees to work from the office on Tuesdays, Thursdays, and a third day determined by individual teams. That's an adjustment to the original plan, which required office work on Mondays, Tuesdays, and Thursdays. Apple first announced its three-day office work policy in June 2021. Since then, however, there have been several new Covid peaks worldwide, with the result that Apple limited its policy to two office working days per week. The new policy will go into effect for Apple locations in Silicon...
Tesla has Already Built 1 Million Cars in Shanghai
Business, China, News

Tesla has Already Built 1 Million Cars in Shanghai

Electric car maker Tesla has reached a milestone with its factory in Shanghai. 1 million cars have already rolled off the production line there since production started at the end of 2019, Tesla CEO Elon Musk reported via Twitter. In total, Tesla has already built more than 3 million Model S, Model 3, Model X, and Model Y cars, Musk added. The company has long been the most valuable automaker in the world. Because of that valuation on the stock market, Musk is also the wealthiest person on earth. The Shanghai factory was Tesla's first outside the United States. The American company now also has a factory in Germany.
US Inflation Lower Than Expected
Business, News, US

US Inflation Lower Than Expected

US inflation is slowing faster than expected. That is according to data from the US Department of Labor on Wednesday.   On an annual basis, inflation rose by 8.5 percent in July. That's less than the 9.1 percent recorded in June - the most significant increase in four decades. Compared to June, consumer prices remained unchanged in July. However, falling fuel and energy prices compensated for price increases for food and housing. As a result, food prices rose by 10.9 percent year-on-year. It is the biggest jump since 1979. Core US inflation - excluding volatile food and energy prices - stood at 5.9 percent yoy in July and 0.3 percent in June. Analysts at Bloomberg news agency had expected total inflation of 8.7 percent and 0.2 percent on an annual and monthly basis. They had estim...
DuckDuckGo Now Also Blocks Microsoft Scripts
News, Technology

DuckDuckGo Now Also Blocks Microsoft Scripts

After criticism from users, the privacy-friendly search engine will also stop tracking by Microsoft.   DuckDuckGo is a search engine that does not track you online and thereby omits trackers or other techniques to identify you online. In addition, it also has extensions for Firefox and a mobile browser. In May, the organization was criticized for this. Despite its promise, DuckDuckGo's browser still contained Microsoft tracking scripts. That is why it is now announcing that that too will be discontinued. CEO Gabriel Weinberg also explains why: "We were restricted from applying 3rd-Party Tracker Loading Protection to Microsoft tracking scripts by a policy requirement linked to our use of Bing as the source of our search results." Now that requirement is no longer there, and Weinbe...