Federal Reserve cuts interest rates, trims workforce
The Federal Reserve on Wednesday reduced its benchmark interest rate by a quarter point to a range of 4–4.25%, responding to slowing economic growth...
Huawei has launched its tri-folding smartphone, the Mate XT Ultimate Design, outside China, with a starting price tag of 3,499 euros ($3,660). Its launch in China was held in September.
The company only provided the price for the 16GB+1TB storage option. At launch, the same model in China was priced CNY21,999 (€2,889).
Despite releasing pricing in euros, so far the phone is only confirmed to release in Malaysia, Indonesia, the Philippines, UAE, Saudi Arabia, and Mexico, though more markets are “expected.” Huawei UK public relations specialist Elliot Mulley-Goodbarne did confirm to The Verge that it’s “not coming to the UK or US for the time being.”
The Chinese tech giant markets the smartphone as the world’s largest and thinnest foldable, measuring 3.6mm when folded and 2.9mm when unfolded. The device weighs 298 grams, which is about 50 percent heavier than a typical smartphone.
It features a dual-hinge folding display that gives users three different screen configurations: a 6.4-inch panel when closed, a 10.2-inch tablet-sized screen when fully opened, and a 7.9-inch display when only partially unfolded.
The rear camera is also impressive, featuring a 50-megapixel main sensor along with 12-megapixel ultrawide and periscope lenses. However, a significant drawback is the lack of support for Google apps and services, including the Play Store, despite running Huawei’s Android-based EMUI software.
While the company introduced its own Android-free operating system, HarmonyOS Next, last year, the Mate XT has not yet been upgraded to that software. The release of a new software version for some devices is expected in March 2025. The list counts foldable phones, regular handsets, and three tablets.
The 5,600mAh battery should be sufficient to last the day, even with the larger screen size
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
China has entered the United Nations’ annual list of the world’s ten most innovative nations for the first time, displacing Germany, Europe’s largest economy, as companies in Beijing ramp up investment in research and development.
Microsoft and OpenAI announced Thursday a non-binding deal outlining terms that would allow OpenAI to restructure into a for-profit company, marking a key step in the high-profile partnership fueling ChatGPT’s growth.
The U.S. Federal Trade Commission has launched an inquiry into seven technology companies over how their AI chatbots interact with children, amid rising concerns about safety and mental health risks.
Nvidia (NVDA.O) announced on Tuesday that it plans to release a new artificial intelligence chip by the end of next year, designed to manage complex tasks like video creation and software development.
Apple (AAPL.O) on Tuesday opened its annual showcase, where it is expected to reveal a new range of iPhones, including a slimmer “Air” model that could foreshadow the launch of a folding phone next year.
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