Defies

European chipmaker STMicroelectronics beat first-quarter results forecasts on Thursday, defying signs of a slowdown in the semiconductor industry. However, it shares fell around 4% in early trade as investors worried the slowdown would eventually catch up with the company, which counts iPhone maker Apple and carmaker Tesla among its customers. STMicro reported first-quarter earnings per share (EPS) of $1.10 on a 20% increase in revenues to $4.25 billion. Analysts had expected EPS of $0.99 and revenues of $4.19 billion,…

British indie director Jon Sanders creates another of his low-key, thoughtful movies developed through improvisation; it is a static, eccentric chamber piece in some ways, but engaging and pregnant with ideas about mourning and grief. Josie Lawrence and Tanya Myers play Dot and Phoebe, two sisters who have come to the seaside home of their late mother, a singer and entertainer, to confront the daunting task of sorting out all her belongings and theatrical memorabilia.This opens up painful memories and psychic wounds:…

Despite a hiring slowdown in India’s technology sector, demand for cybersecurity professionals has reached an all-time high this year, as investing in cyber resilience has become a top priority for tech companies.Rising risk of cyberattacks is driving tech companies in the services and products space as well as tech-enabled startups to ramp up their manpower, said executive search firms. There is also a significant increase in demand from the back offices of multinationals in India.According to exclusive data from…

An event display from the CMS experiment, used in a search for additional heavy Higgs bosons. Credit: CERNWhere does the Higgs boson come from?The <span class="glossaryLink" aria-describedby="tt" data-cmtooltip="<div class=glossaryItemTitle>CERN</div><div class=glossaryItemBody>Established in 1954 and headquartered in Geneva, Switzerland, CERN is a European research organization that operates the Large Hadron Collider (LHC), the largest particle physics laboratory in the…

Meet Z 229-15, a celestial object that depending on how you feel, could be one of three different things – all at once. Shared as the European Space Agency’s “Picture of the Week” for the week of March 27, an image of Z 229-15 showcases what makes this bizarre space object so intriguing, and why it has left many astronomers in awe since its initial discovery.  Located roughly 390 million light-years from Earth in the Lyra constellation, Z 229-15 is one of a few celestial objects that can be classified as…

FRANKFURT—The European Central Bank raised interest rates by a half percentage point, pressing ahead with its fight against inflation despite concerns that this could exacerbate strains in the financial system.The ECB said in a statement that it would increase its key rate to 3%, the highest level since 2008, while promising to provide liquidity support to the financial system if needed. The move follows consecutive half-point rate increases in February and December. Many investors had been betting that the ECB might…

Image via Paramount Pictures The next installment in the long-running Mission Impossible franchise is imminent – and the film’s first poster has now been shared on Instagram.  Breaking away from a lot of the cookie-cutter ‘floating head’ posters which seem to be industry-standard and don’t tell us much about the film, the debut poster for Mission Impossible: Dead Reckoning Part One showcases an action shot of Tom Cruise’s character Ethan Hunt doing what he does best – some sort of absolutely absurd stunt, which…

Recent astronomical observations have revealed the existence of six huge galaxies in the early universe, which challenges the previous understanding of galaxy formation. Joel Leja, an assistant professor of astronomy and astrophysics at Penn State, who analyzed the light emitted by these galaxies, said that these objects are much more massive than what scientists had anticipated. Previously, it was assumed that only small and young galaxies would exist at this stage of the universe’s development, but the discovery of…

Pancreatic cancer cells (nuclei in blue) are shown growing as a sphere encased in membranes (red). Credit: National Cancer InstituteUC San Diego researchers have uncovered how pancreatic cancer stem cells use a protein from a family of proteins that typically suppresses tumors to instead enhance their resistance to standard treatments and promote growth.Pancreatic cancer is a highly deadly form of cancer, ranking third in the United States after lung and colorectal cancer, albeit less prevalent. It is also one of the most…

Samsung made a surprisingly aggressive decision to keep capital spending at the same level as last year, defying expectations that it go along with rivals in pulling back to alleviate pressure on an already-battered semiconductor industry. Samsung Electronics Co. made a surprisingly aggressive decision to keep capital spending at the same level as last year, defying expectations that it go along with rivals in pulling back to alleviate pressure on an already-battered semiconductor industry. Chipmakers have been…