Facebook will also create a new subsidiary, Calibra, to build a digital wallet for people to store and exchange the currency using apps.Technologyread more
Experts expect Facebook's cryptocurrency venture to alleviate some security issues, while introducing new ones.Cybersecurityread more
European Central Bank President Mario Draghi defended the tools that the organization has available.Europe Newsread more
According to China's top economic planning body, some local companies are cutting back on their efforts to hire new university graduates.China Economyread more
German Chancellor Angela Merkel has presided over a tumultuous recent period, which for many, has left Europe on the brink.Commentaryread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
U.S. President Donald Trump's former campaign chairman Paul Manafort was transferred to a detention facility in Manhattan on Monday ahead of an expected arraignment on state...White Houseread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Markets in Asia were mostly higher on Tuesday as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.Asia Marketsread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Games that can communicate intelligently with players will be the next landmark advance in gaming, according to industry legend Robert J. Mical.
But virtual reality headsets were less likely to take off a big way, Mical, who is best known for co-inventing the Atari Lynx and the 3DO Interactive multiplayer, told CNBC at the EmTech Asia conference in Singapore on Wednesday.
A 32-year veteran of the gaming industry and currently director of games at Google, Mical said, "The next generation of games are going to have machine intelligence built into them [ with] the ability to really communicate with humans."
Mical said he expected virtual reality entities to become a part of peoples' experiences with technology. Such experiences could range from a simple assistant that helped people shop more effectively, to an intelligent entity that could become a companion to the user, he predicted.
"However, that part of virtual reality where you have to wear something over your eyes, I'm more dubious about that becoming popular because it takes something away from you," he added.
Games will also pave the way for new technologies to take root in other industries, something that is already taking place at Google, he said.
Mical explained that the gaming research department helped other Google divisions use gaming concepts in their interfaces, which could increase the number of users and keep users interested in a product for longer.
"It's always got to be about games first, and with technology we can refine the work we're developing for games, and [help] it work well for everything else," said Mical.
Graphics, audio, Internet connectivity and even e-commerce all "came into existence because of gaming," he noted, calling games the "proving ground for technology."
Follow CNBC International on and Facebook.