The European Central Bank needs to issue a digital euro as yielding the space entirely to private sector initiatives like stablecoins could endanger financial stability and weaken the role of the central bank, ECB executive board member Fabio Panetta said. The ECB has been working on designing a digital currency, a direct claim on the…
Redmi Note 11 Pro, Note 11 Pro Plus May Launch in India Under Xiaomi Branding
Xiaomi is reportedly planning to launch the Redmi Note 11 series in India soon. According to a tipster, the new smartphone series that includes two Pro models – Redmi Note 11 Pro and Redmi Note 11 Pro+ would debut in India as Xiaomi 11i and Xiaomi 11i HyperCharge, respectively. There’s no information regarding the vanilla…
Apple-1 computer expected to fetch up to $600,000 at auction
An Apple-1 computer dating to 1976 is up for auction in California, and the auctioneers said they expect it to fetch up to $600,000. John Moran Auctioneers said the Apple-1, which was designed by Steve Wozniak and assembled and tested by Steve Jobs, had two previous owners before going on the auction block. The lot…
Browns “excuse” Odell Beckham from practice again
The Browns are in checkmate. They just don’t realize it yet. When it comes to dealing with receiver Odell Beckham, Jr., there’s nothing to negotiate. Nothing to discuss. With a trade not an option, their choices are to let him return to work, to suspend him without pay for conduct detrimental to the team, or…
UK’s Co-op Bank eyes further deals after TSB setback
Britain’s Co-op Bank is looking for more deals with rival banks after its merger approach for TSB was rebuffed last month, its chief executive said on Friday. The self-styled ethical lender reported a third straight quarter of profits, as it made further progress on its turnaround after nearly a decade of annual losses. In a…
JioPhone Next First Impression: Affordable Smartphone In A Class Of Its Own
Reliance Jio is set to unveil its next big, and possibly the most awaited, smartphone this Diwali. The JioPhone Next comes after the massive success of JioPhone, a blockbuster that has sold more than 110 million units. The feature-rich albeit unassuming device has connected millions of Indians to the internet for the first time. And…
Israeli archaeologists find ring believed to ward off hangovers in ancient winery
Israeli archaeologists have discovered a ring in the ruins of an ancient wine factory that they believe was likely used to prevent hangovers. The Israel Antiquities Authority said the ring is gold with a purple semiprecious gem, probably an amethyst. People from the region believe amethysts were the 12th stone in the foundation of New…
The NFL’s two Josh Allens are looking forward to first on-field meeting
Jaguars defensive end Josh Allen got an email offering him something that “would have been good if it was on me,” but he realized that he wasn’t the NFL player that was the target of the message. It was Bills quarterback Josh Allen, who was the seventh overall pick a year before Jacksonville made their…
Study highlights dire need for improved access to emergency care
Health economists wondered if states that expanded Medicaid coverage to more low-income Americans in 2014 under a new provision in the Affordable Care Act (ACA) would lead to increased wait times in emergency departments. A new Northwestern Medicine study found it did. Emergency department wait times increased 10% in states that expanded Medicaid coverage compared…
Japan’s Itochu sets minimum dividend payouts for next three years
Japanese trading house Itochu Corp (8001.T) unveiled a new dividend policy on Friday, promising a minimum annual payment of 110 yen a share in the current financial year to March 2022, rising to 120 yen in the following fiscal and 130 yen the next. Net profit in the period from April to September nearly doubled…