TikTok, Warner Music Group to partner in music licensing deal

(Reuters) – Warner Music Group, the record label conglomerate behind artists such as Radiohead, AC/DC and Madonna, has signed a licensing deal with Chinese short-video app TikTok to boost its social media revenues. The multi-year deal will help Warner Music’s artists and songwriters unlock new revenue and marketing opportunities from TikTok’s more than 1 billion…

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China may launch next-generation crewed spacecraft as early as 2027

BEIJING (Reuters) – China’s next-generation crewed spacecraft, which can transport up to seven astronauts, may fly for the first time between 2027 and 2028, a veteran Chinese astronaut said. China’s manned space flights began in 2003 when former fighter pilot, Yang Liwei, was sent into orbit in a small bronze-coloured capsule, the Shenzhou-5, becoming China’s…

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TSMC Q2 earnings seen down 27% y/y, Q3 looks better

By Faith Hung and Ben Blanchard TAIPEI (Reuters) – Taiwanese chipmaker TSMC is expected to report a 27% fall in second-quarter net profit on Thursday, as global economic woes dent demand for semiconductors, though analysts say business performance is likely to improve in the current quarter. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest…

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Coinbase CEO to meet US House Democrats on Wednesday

(Reuters) -Coinbase Chief Executive Brian Armstrong will meet privately with a group of U.S. House of Representatives Democrats on Wednesday morning and plans to make remarks on the future of digital asset legislation. The meeting comes as Coinbase and Binance – two of the world’s largest crypto exchanges – are grappling with lawsuits brought by…

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