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1051. Apple supplier apologizes, offers $1400 payout to quell protests

Apple’s manufacturing partner Foxconn has offered payouts of Rmb10,000 ($1,400) to newly recruited staff who elect to leave the iPhone factory and vowed to honour pay agreements, in an attempt to quell unrest after workers violently clashed with police....

1052. Anastasiades 'moved' by Jewish museum exhibit in Berlin

"The Jewish Museum in Berlin represents the remarkable history of the Jewish community of Germany and no visitor can remain untouched by its core exhibits", Cyprus President, Nicos Anastasiades, said on Thursday after visiting the museum....

1053. European Institute of Management and Finance establishes the Centre of Good Governance

Considering the need to tackle weak and precarious governance structures evident in both private and public entities, the European Institute of Management and Finance (EIMF) has established the Centre for Good Governance (CGG) in an effort to enhance governance at all levels and in all fields. ...

1054. 32nd Auction Sale by Psatharis

Once again, the Psatharis Auction House has collected a rich group of artworks that will be presented at the Kleopatra Hotel from November 28th to 30th as part of the 32nd auction. The collection includes over 130 works by Cypriot and Greek artists and a remarkable selection of maps of Cyprus....

1055. World Cup 2022: Solution found for the beer ban in Qatar

Before the host country banned alcohol consumption inside and outside the stadiums at the last minute, a solution for the... warehouse of beers supplied by Budweiser for this year's World Cup was finally found....

1056. Twitter closes its offices: Chaos in the aftermath of Musk's 'ultimatum'

Hundreds of Twitter employees are expected to leave the company after new owner Elon Musk issued an ultimatum requiring employees to work "long hours at high intensity" or leave....

1057. Amazon announces immediate layoffs of 10,000 workers

Amazon plans to lay off approximately 10,000 employees from administrative and other positions in its technology departments....

1058. Investors lost $1 billion on FTX, prompting calls for industry regulation

The turmoil in the cryptocurrency world continues unabated following the bankruptcy of the FTX platform, which landed its founder, Sam Bankman-Freid, bankrupt almost overnight. ...

1059. Twitter: Musk warns of the possibility of bankruptcy

1060. Musk's first email to Twitter staff: No more telecommuting

Elon Musk, the platform's new owner, informed Twitter staff in his first email that "difficult days are ahead." After firing 50% of the staff, Musk's first significant move was to outlaw telecommuting unless he personally approved a request....

1061. The Commission is pushing for regulation of Airbnb-style lodgings

As part of its efforts to promote transparency in the short-term rental sector, the Commission adopted on Monday a proposal for the regulation to improve transparency and assist public authorities in ensuring the sector's balanced development in the context of sustainable tourism....

1062. Consumer protection laws - 'Offers' that are real offers

Ms. Elena Papachristoforou, a consumer service and protection officer, explained the legal framework in consumer protection and the impact of the new amendments on consumers and traders on the radio show "News Release" on SPOR FM 95.0....

1063. A Memorandum of Understanding was signed between UCLan Cyprus and Wargaming

A Memorandum of Understanding was signed between UCLan Cyprus and Wargaming at the premises of UCLan Cyprus on the 31st of October. ...

1064. Deep political divide in the US as midterm elections loom

In a stark closing argument ahead of the U.S. midterm elections, President Joe Biden on Monday warned that a Republican victory could weaken the country's democratic institutions, while former President Donald Trump hinted he could announce another White House bid as soon as next week....

1065. Pakistan: Assassination attempt on former PM Imran Khan (video)

Imran Khan, Pakistan's former prime minister, has been shot. According to international media, the assassination attempt occurred during a protest march in Islamabad....

1066. Elon Musk refused to budge on Twitter's $8 blue tick fee

Elon Musk has doubled down on Twitter's proposed new $8-per-month fee for users who want to keep their blue verified checkmark. ...

1067. €6 million chalet just one of several investments planned for the mountains of Cyprus

The new €6.3 million project in Moniatis, which is looking for a buyer, shows that investment in mountainous areas is picking up steam. With DTA's Guru projects, the creation of the Tree Hotel, hotel acquisitions by Property Gallery, and the restoration of the Berengaria Hotel in Prodromos, interest has recently begun to be more active....

1068. Cyprus to charge €80 to Russians applying for tourist visas beginning December 1

Cypriot authorities have announced that the country will no longer apply facilitated rules for citizens of Russia applying for tourist visas....

1069. Iranian police beat a teen girl to death after she tore Khomeini's photo - report

An Iranian girl in middle school was beaten to death after police officers found a torn-up photo of former Iranian Supreme Leader Ruhollah Khomeini in one of her schoolbooks, a local news outlet in the Sistan and Baluchestan Province Haalvsh reported on Sunday night....

1070. Celebrities are leaving Twitter in droves thanks to Elon Musk's takeover

Elon Musk's acquisition of Twitter has some in Hollywood heading for the exit....

1071. New Twitter owner Elon Musk fires top execs

Elon Musk became Twitter Inc's owner on Thursday, firing top executives and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform...

1072. Cyprus Tech Ecosystem Platform

On Wednesday 19th of October, TechIsland & “Dealroom.co” brought live the Cyprus Tech Ecosystem Platform....

1073. Crimea platform ‘Cyprioted’ during odd exchange

An odd exchange took place on Tuesday during a parliamentary summit on Crimea, when Cypriot House Speaker Annita Demetriou took issue with a point of order raised by a Turkish delegation member who criticized invasion references to the Cyprus Problem...

1074. Rishi Sunak to become Britain's next Prime Minister

Britain's new prime minister is Rishi Sunak. Penny Mordaunt, the only candidate left standing for the Conservative leadership following Boris Johnson's withdrawal yesterday, has also withdrawn from the race, paving the way for Sunak to take over as Prime Minister....

1075. Cyprus launches Tech Ecosystem Map

Cyprus launched the Cyprus Tech Ecosystem Map on Wednesday, which will serve as a link between the local tech and innovation ecosystem and the international business and investment community....

1076. Payabl. Group CEO, Ugne Buraciene to present and host panel at Reflect Festival, Limassol

Reflect is the biggest tech and entrepreneurial festival in Cyprus and all of us here at payabl. are proud to be supporting this innovative event for the second consecutive year as a Gold Partner, a Knowledge Partner and an Exhibitor....

1077. 1091 attendees at the Digital Agenda Cyprus Summit 2022

The fifth Digital Agenda Cyprus Summit was a resounding success. On Monday, October 17, 1091 delegates attended the conference, filling the Nicosia Municipal Theatre to capacity despite the continuous rain. ...

1078. Turks test fire missile full of double entendre

Turkey reportedly test-fired a short-range ballistic missile over the Black Sea on Tuesday in an apparent double entendre, as Ankara called on Athens this week to resolve issues through dialogue but also repeated warnings to Greece to demilitarize the Aegean...

1079. Cyprus on ‘very good track’ to innovation

The high scores of Cyprus in the field of innovation were stressed in the Digital Agenda Cyprus Summit 2022, which was held at Nicosia Municipal Theatre on Monday. Keynote speakers from various fields attended the conference and talked about issues pertaining to a world which is in the digitisation process...

1080. President: By 2027, Cyprus will be able to export renewable energy

It is estimated that by the end of 2027 Cyprus will have an excess of renewable energy that could be exported or exchanged, in addition to the quantities that could be available from Egypt, Israel, and Greece, President of the Republic, Nicos Anastasiades, said on Friday morning, in his address at the EMGF Energy Transition Conference hosted in Nicosia....