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Chinese car giant Geely has purchased a majority stake in the now-small smartphone maker Meizu. Bloomberg reports that Meizu will be run as an independent company under Xingli Technology, another tech brand under Geely’s umbrella. That said, the pair are expected to work together on new products, and Xingli has already expressed plans to make a big splash in the AR/VR space. If you’ve been reading Engadget for long enough, you’ll have likely seen Meizu’s early rise at the dawn of the smartphone boom. Unfortunately, it…

Sam Bankman-Fried’s FTX is taking advantage of rampant instability in the crypto lending market to assert itself while propping up major institutions. The company’s U.S.-based arm has a deal in place with troubled crypto lender BlockFi that gives them the option to buy the startup, recently valued at $2 billion, for up to $240 million based on the startup’s performance. BlockFi CEO Zac Prince did not disclose what the low end of the deal could look like in a thread disclosing the term sheet on Twitter. This…

Statistics from Sport England show that 95% of Black adults and 80% of Black children in England don’t swim. People from ethnic minorities are at an increased risk of drowning according to the WHO. Now comes this documentary produced by Ed Accura of the Black Swimming Association, number three in his Blacks Can’t Swim series. His last film interviewed 16- to 24-year-olds; here it’s parents talking about their relationship with the water and how it’s affected their kids.Some of the speakers grew up with racist stereotypes…

Tracy Wang / CoinDesk: Sources: Goldman Sachs is looking to raise $2B from investors to buy up distressed assets from troubled crypto lender Celsius in the event of a bankruptcy — The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt. Tracy Wang / CoinDesk: Sources: Goldman Sachs is looking to raise $2B from investors to buy up distressed assets from troubled crypto lender Celsius in the event of a…

Amazon is taking steps to get its long-delayed drone delivery project off the ground. The company announced that it would launch its inaugural drone delivery service in the town of Lockeford, California, later this year after it receives the green light from the Federal Aviation Administration. If the regulatory approval goes through, it will be a major milestone for Amazon, which has been promising some version of aerial package delivery for almost a decade. The company has had some major setbacks, including a…

When it comes to naming the very small number of YA literary adaptations that didn’t end up crashing and burning at the box office, talk will inevitable turn towards the “Big Three” of Harry Potter, The Twilight Saga, and The Hunger Games. However, you could realistically turn that into a quartet, with Wes Ball’s The Maze Runner trilogy rounding things out. The three-film saga was a hugely profitable enterprise for 20th Century Fox, earning a combined total of $949 million on total production…

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Breadcrumb Trail Links News Canadian Politics Tory Ed Fast, who is co-chair of rival Jean Charest’s campaign, said the idea undermines the party's economic credentials Publishing date: May 18, 2022  •  10 minutes ago  •  3 minute read  •  Join the conversation Conservative finance critic Ed Fast Article content Conservative leadership candidate Pierre Poilievre’s idea of firing the governor of the Bank of Canada is not sitting well with one of the longstanding MPs of his party,…

In 1907, Ella Gwendoline (“Gwen”) Rees Williams sailed to England from Dominica, the Caribbean island of her birth, to attend school in Cambridge. Gwen, who was 16, had long dreamed of the motherland, but from the moment she landed at Southampton, her mood began to darken. If London, her first stop, was sooty and drab and populated by permanently indignant landladies, school was little better. She was mocked for her lilting accent by her classmates, who took particular pleasure in the fact that the maniac who is Mrs…

After an indefinite delay and months without an update, Ubisoft has announced that it’s moving the development of its highly anticipated Prince of Persia: The Sands of Time remake to its studio located in Montréal, Canada. The game was originally in the works at Ubisoft’s India-based Mumbai and Pune studios. “The development of Prince of Persia: the Sands of Time Remake will now be led by Ubisoft Montréal, the very birth place of the epic Sands of Time trilogy,” Ubisoft’s announcement on Twitter reads. “This decision…