LVMH, the world’s largest luxury goods company, reported weaker-than-expected sales in its first quarter, with demand for high-end products in China and the US dwindling due to a potential trade war. The company’s fashion and leather goods division, its main unit, saw revenue decline by 5% on an organic basis, missing analyst expectations by nearly … Read more
SpaceX successfully landed its first stage booster on the droneship ‘Just Read the Instructions’ during the midnight Starlink flight, marking another new rocket reuse record. The Falcon 9 rocket booster, tail number 1067, launched for a record-setting 27th time and supported the launch of 27 Starlink V2 Mini satellites into low Earth orbit. The launch … Read more
Razer has upgraded its PC game streaming service with the ability to stream games at native screen resolution on Android devices, eliminating black bars. This feature is a welcome upgrade compared to most existing services that often stream at lower resolutions or aspect ratios. The new “PC Remote Play” service automatically optimizes for the device’s … Read more
A rare micromoon will be visible in the Northern and Southern hemispheres this month, offering a unique opportunity for sky-gazers to observe the moon at its farthest point from Earth. The micromoon, which is about 30,000 miles farther away than the largest supermoon of the year, will appear smaller and dimmer than usual. According to … Read more
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Apple is set to release iPadOS 19 later this year, with the operating system focusing on productivity, multitasking, and app window management. The redesign aims to bring the tablet more in line with macOS, while still maintaining its unique features. According to Mark Gurman’s Power On newsletter, the changes will prioritize user experience and make … Read more
Former Brazilian President Jair Bolsonaro is recovering in an intensive care unit after a 12-hour surgery due to recurring intestinal issues since he was stabbed while campaigning in 2018. The 70-year-old conservative leader is awake and doing “very well” with minimal hospital visits planned for now, according to doctors at the DF Star Hospital. Bolsonaro’s … Read more
A groundbreaking discovery has brought back to life a 520-million-year-old larva in ways previously thought impossible. For the first time, scientists have found a fossil with its brain and digestive system still intact, providing an extraordinary glimpse into the early days of arthropods. Typically, fossils only preserve hard bones and skeletons, leaving softer tissues like … Read more
A recent oil price slump below $60 per barrel, triggered by the escalating trade war between the US and China, has been met with skepticism by Gunvor Group’s head of research. According to him, the drop was likely an overreaction, as it priced in zero demand growth for this year. The Organization of the Petroleum … Read more
China and Vietnam signed dozens of cooperation agreements during Chinese President Xi Jinping’s visit to the Southeast Asian nation. The deals cover production and supply chains as well as railway cooperation, but details on their content are unclear. The agreements come amid growing trade tensions between Beijing and Washington, which has threatened Vietnamese exports with … Read more