Latest News - Page 1

Airbnb to shutdown a domestic operation after lockdowns kill market

Jak Connor | Business, Financial & Legal | Tue, May 24 2022 12:33 AM CDT

Airbnb is planning on shutting down business throughout mainland China after facing scrutiny from regulators and overwhelming competition.

Airbnb to shutdown a domestic operation after lockdowns kill market 01 | TweakTown.com

Two sources familiar with the coming disconnect from China by Airbnb have spoken to CNBC, which reported that as early as Tuesday morning Beijing time Airbnb will be informing all employees throughout the country that business will be coming to an end. The sources close to the matter told the publication that Airbnb in China accounted for approximately 1% of the company's total revenue over the last few years, and had expensive running costs.

The sources said that the shutdown can be attributed to growing domestic competition in the space, as well as regulatory factors. Furthermore, the sources mentioned that the COVID-19 pandemic made the situation in China a whole lot worse due to the Chinese government's extreme lockdown with outbreaks and an overall large reduction in general tourism. Notably, Airbnb's share price has slunk a grim 30% in 2022 and is currently trading at an approximate price of $113, which is far higher than its 2020 IPO price of $68.

Continue reading: Airbnb to shutdown a domestic operation after lockdowns kill market (full post)

ASUS ROG Swift 500Hz gaming monitor rocks new E-TN (Esports TN) panel

Anthony Garreffa | Displays & Projectors | Tue, May 24 2022 12:01 AM CDT

ASUS and NVIDIA have been working on the absolute bleeding-edge gaming monitor technology for many years now, with the companies hitting a huge new milestone: 500Hz.

The new ASUS ROG Swift 500Hz G-SYNC gaming monitor is not just a new 1080p gaming monitor at an even-faster refresh rate (in this case: 500Hz) but rather the companies are using a new 500Hz display designed from the ground up for esports.

The new "E-TN" (Esports TN) panel is being used for "maximum motion clarity", but there's much more: NVIDIA teases that inside of the new ASUS ROG Swift 500Hz G-SYNC gaming monitor we have: "NVIDIA G-SYNC Esports Mode with adjustable esports vibrance and of course, complete NVIDIA Reflex Analyzer support, allowing users to measure end-to-end system latency when using a NVIDIA Reflex mouse and GeForce GPU".

Continue reading: ASUS ROG Swift 500Hz gaming monitor rocks new E-TN (Esports TN) panel (full post)

Walmart adding Symbotic robots in ALL of its warehouses across the US

Anthony Garreffa | Science, Space, Health & Robotics | Mon, May 23 2022 7:54 PM CDT

Walmart has announced it has expanded its commercial agreement with Symbotic -- a "revolutionary A.I.-powered supply chain technology company" -- to install warehouse robots at all of Walmart's distribution facilities across the US.

Until now, there were 25 distribution plants by Walmart using Symbotic warehouse robotics... but now they'll be pushed to every single facility. It's not just robotics but Symbotic's software automation platform.

The end-to-end software-enabled high-density robotics platform "plays a strategic role in supporting the retailer's goal of modernizing its vast supply chain network and allows Walmart to transform its regional distribution centers to provide faster responsiveness to store orders, increased inventory accuracy and higher capacity for receiving and shipping freight to stores".

Continue reading: Walmart adding Symbotic robots in ALL of its warehouses across the US (full post)

President Biden says US will militarily defend Taiwan if China attacks

Anthony Garreffa | Business, Financial & Legal | Mon, May 23 2022 7:35 PM CDT

President Biden has said that the US would step in militarily if China invaded Taiwan, emphasizing that protecting Taiwan was a bigger "burden" than Russia's invasion of Ukraine.

Biden said the remarks at a joint news conference in Tokyo, with Japanese Prime Minister Fumio Kishida. CBS News correspondent Nancy Codes asked Biden: "You didn't want to get involved in the Ukraine conflict militarily for obvious reasons. Are you willing to get involved militarily to defend Taiwan if it comes to that?".

Biden replied with "Yes. That's the commitment we made". Biden added: "We agree with a 'One China' policy. We signed onto it and all the attendant agreements made from there. But the idea that it (Taiwan) could be taken by force, just taken by force, it's just not - it's just not appropriate. It'll dislocate the entire region and be another action similar to what happened in Ukraine. And so it's a burden that is even stronger".

Continue reading: President Biden says US will militarily defend Taiwan if China attacks (full post)

Samsung Odyssey Neo G8 gaming monitor: 32-inch 4K 240Hz costs $1500

Anthony Garreffa | Displays & Projectors | Mon, May 23 2022 7:01 PM CDT

Samsung announced its new 4K 240Hz Mini-LED gaming monitor back at CES 2022, but now it's here: the new Odyssey Neo G8 gaming monitor begins shipping on June 6 for $1500.

Samsung Odyssey Neo G8 gaming monitor: 32-inch 4K 240Hz costs $1500 02 | TweakTown.com

The new Samsung Odyssey Neo G8 gaming monitor has a 32-inch Mini-LED panel, a native 4K resolution (3840 x 2160), and a huge 240Hz refresh rate. The Mini-LED backlight has 1196 dimming zones, a peak brightness of 2000 nits, Adaptive-Sync support, and a 1000R curvature.

Samsung has both AMD FreeSync Premium Pro and NVIDIA G-SYNC compatibility on its new Odyssey Neo G8 32-inch 4K 240Hz gaming monitor. There's a 1ms GtG response time, while Samsung provides 2 x HDMI 2.1 and 1 x DisplayPort 1.4 connectors along with 2 x USB ports.

Continue reading: Samsung Odyssey Neo G8 gaming monitor: 32-inch 4K 240Hz costs $1500 (full post)

AMD Ryzen 9 7950 XT teased: AM5 flagship with 16C/32T spotted in video

Anthony Garreffa | CPU, APU & Chipsets | Mon, May 23 2022 6:38 PM CDT

AMD demoed a pre-production 16-core Zen 4-based processor at Computex 2022, with a huge all-core 5.5GHz while gaming... and now, now MSI has teased a 16-core, 32-thread Zen 4 CPU in its latest video.

In the new MSI "How To Install/Uninstall AMD AM5 CPU", the company shows off some "AMD ENG SAMPLE" processors that have some clear labels on them. VideoCardz points back to a leak from January with two OPEN codes for AMD engineering samples: 665, and the devilish 666.

The '665' SKU is a 16-core, 32-thread variant and should be the Zen 4-powered Ryzen 9 7950 XT processor, while the '666' SKU would be an 8-core, 16-thread variant that should end up being the Ryzen 7 7800X processor.

Continue reading: AMD Ryzen 9 7950 XT teased: AM5 flagship with 16C/32T spotted in video (full post)

AMD Radeon Software Adrenalin 22.5.2 drivers released

Anthony Garreffa | Software | Mon, May 23 2022 6:07 PM CDT

AMD has just released its latest Radeon GPU drivers, with the release of the new Radeon Software Adrenalin 22.5.2 drivers. You can grab them right here (569MB download).

AMD Radeon Software Adrenalin 22.5.2 drivers released 522 | TweakTown.com

The new AMD Radeon Software Adrenalin 22.5.2 drivers include support for Sniper Elite 5, as well as the new Hitman 3 Ray Tracing Update. The new drivers also add Radeon Super Resolution (RSR) with Radeon 6000 series processors that pack integrated graphics.

AMD includes up to 8% more performance in DX11-based games for the Radeon RX 6950 XT on the new AMD Software: Adrenalin Edition 22.5.2 on the Radeon RX 6950 XT, versus the previous software driver version 22.5.1. Not bad, but exclusive to the new flagship Radeon RX 6950 XT.

Continue reading: AMD Radeon Software Adrenalin 22.5.2 drivers released (full post)

GameStop NFT marketplace coming in July, crypto wallet now available

Derek Strickland | Gaming | Mon, May 23 2022 4:40 PM CDT

GameStop's new NFT marketplace will go live by the end of July, the company today announced.

GameStop NFT marketplace coming in July, crypto wallet now available 2 | TweakTown.com

In a bid to embrace the digital age, ailing retailer GameStop has decided to open an NFT marketplace that will allow consumers to buy and sell digital assets. To facilitate its new platform, GameStop has developed the GME Wallet that promises to "securely store crypto and NFTs". Right now the app is only available as a browser Chrome extension, but an iPhone app is on the way.

"Use GameStop's Wallet to store, send and receive cryptocurrencies and NFTs. Connect to the upcoming NFT marketplace right from your web browser or mobile device," the wallet's description reads. The NFT marketplace will use Layer 2 for quicker transactions and other benefits.

Continue reading: GameStop NFT marketplace coming in July, crypto wallet now available (full post)

Xbox declined Marvel game exclusivity rights in 2014

Derek Strickland | Gaming | Mon, May 23 2022 4:09 PM CDT

Modern-day Marvel and Spider-Man games could've been very, very different.

Xbox declined Marvel game exclusivity rights in 2014 1 | TweakTown.com

Back in 2014, Marvel was at a crossroads. The company wanted to make more big-budget video games to complement its growing cinematic universe. They bought back Activision's rights to Spider-Man and wanted to license the IP out to other big players, namely Microsoft or Sony.

In fact, Marvel reached out directly to Microsoft and offered specific licensing rights to key franchises and IPs. The Xbox giant turned Marvel down and opted to focus on its own growing stable of first-party games, which then included projects like The Master Chief Collection, Forza games, Sunset Overdrive, Fable, Quantum Break, ReCore, and Gears titles.

Continue reading: Xbox declined Marvel game exclusivity rights in 2014 (full post)

Get Genuine Microsoft Office 2021 for only $13.32 from GoDeal24!

Sponsored Content | Deals | Mon, May 23 2022 2:24 PM CDT

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Get Genuine Microsoft Office 2021 for only $13.32 from GoDeal24! 1 | TweakTown.com

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Continue reading: Get Genuine Microsoft Office 2021 for only $13.32 from GoDeal24! (full post)

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