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Apple Acquires Swedish BIS Records; Apple Music Classical, Platoon to Absorb the Legendary Label

Sep 06, 2023 09:20 am UTC| Business Economy

Apple Inc. made a new investment and purchased the 50-year-old Swedish music label, BIS Records. The said company mainly focuses on classical music, and the tech company acquired it as part of its efforts to grow its...

Tesla Files Lawsuit Against China’s Bingling Intelligent Technology for Unfair Competition, Trade Secret Infringement

Sep 06, 2023 08:47 am UTC| Business Economy

Tesla is suing Bingling Intelligent Technology, a Chinese developer and manufacturer of integrated circuit chips and products, for alleged trade secret infringement and unfair competition. The Shanghai unit of Elon Musks...

Huawei's Chip Breakthrough Defies US Sanctions; Unveils Mate 60 Pro During Raimondo's Visit

Sep 06, 2023 08:46 am UTC| Economy Technology Business

According to analysts, Huawei Technologies recently made a chip manufacturing breakthrough, highlighting Chinas capacity for retaliation against U.S. sanctions. It unveiled its latest Mate 60 Pro smartphone during U.S....

Qualcomm Supplying Chips to BMW, Mercedes to Power Infotainment Systems

Sep 06, 2023 07:13 am UTC| Business Economy Technology

Qualcomm semiconductor company based in San Diego, California, has signed a business partnership deal with Mercedes-Benz and BMW for the supply of chips. The company will deliver semiconductor products to the automakers...

GS Caltex Sources First-ever Sustainable Aviation Fuel from Neste for Korean Air Cargo Flight to LA

Sep 06, 2023 07:08 am UTC| Economy Business

GS Caltex introduces a sustainable aviation transition, procuring Finlands Neste renewable fuel for a Korean Air cargo flight to Los Angeles. This historic collaboration marks the first foreign-sourced SAF for domestic...

Digital Currency Revolution

Casio Debuts Free G-SHOCK NFTs on Polygon; Launches Virtual G-Shock Community in Metaverse

Sep 06, 2023 06:43 am UTC| Business Digital Currency Investing

Casio pioneers its Metaverse entry, releasing its inaugural G-SHOCK NFTs on Polygonfor free. This coincides with the launch of its Virtual G-Shock Community, encouraging fan participation in watch design through a novel...

Digital Currency Revolution

Legal Sector Flourishes Amidst Cryptocurrency Bankruptcies; Firms Collect $700M in Fees

Sep 06, 2023 06:18 am UTC| Economy Law Digital Currency Business

Amid cryptocurrency downturns involving FTX and Celsius, the legal sector flourishes, raking in unprecedented revenues as lawyers navigate complex regulatory landscapes in high-profile bankruptcy cases. A recent New...

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Economy

Asian Stock Markets Trade Narrowly as Year-End Volumes Thin, KOSPI Outperforms on Tech Rally

Asian stock markets moved mostly sideways on Monday as thin year-end trading volumes and reduced investor participation kept activity muted across the region. With many global investors already having completed year-end...

Hong Kong Home Prices Rise for Sixth Straight Month as Rate Cuts Lift Market Sentiment

Hong Kong private home prices continued their steady recovery in November, rising for the sixth consecutive month as lower interest rates and a strong stock market helped improve buyer confidence. According to government...

Trump Says Ukraine Peace Deal ‘Closer,’ But Key Disputes Remain Unresolved

Following talks with Ukrainian President Volodymyr Zelensky, former US President Donald Trump stated a possible peace agreement on Ukraine is closer, citing a lot of progress toward a possible conclusion of the conflict....

BOJ Signals Further Rate Hikes as Inflation and Weak Yen Remain in Focus

Bank of Japan policymakers are increasingly signaling that further interest rate hikes may be necessary, even after the central bank raised rates in December, according to a recently released summary of opinions. The...

China’s Central Bank to Launch New Digital Yuan Management Framework from January 1

Chinas central bank is preparing to strengthen oversight of its digital currency with the release of a new action plan focused on digital yuan management, signaling another major step in the evolution of the countrys...

Politics

Trump and Zelenskiy Signal Progress Toward Ukraine Peace Deal, Donbas Still Unresolved

U.S. President Donald Trump said he and Ukrainian President Volodymyr Zelenskiy are moving very close to a potential agreement to end the war in Ukraine, following high-level talks at Trumps Mar-a-Lago resort in Florida....

Trump–Netanyahu Talks Aim to Revive Gaza Ceasefire and Address Iran, Hezbollah Tensions

U.S. President Donald Trump is expected to push for progress on the stalled Gaza ceasefire when he meets Israeli Prime Minister Benjamin Netanyahu on Monday, according to statements from Israeli officials. The high-level...

FBI Surges Resources to Minnesota Amid Fraud Investigations Linked to Somali Community

The Federal Bureau of Investigation has surged additional investigative resources and personnel to Minnesota, according to FBI Director Kash Patel, marking a significant escalation in federal fraud investigations that have...

Australia Orders Independent Review After Bondi Mass Shooting, Albanese Resists Royal Commission Calls

Australian Prime Minister Anthony Albanese has announced an independent review into the countrys law enforcement and security agencies following the deadly Bondi mass shooting, as pressure mounts on the government to...

South Korea Prosecutor Alleges Former First Lady Kim Keon Hee Abused Power for Bribes

A special prosecutor in South Korea has concluded that Kim Keon Hee, the wife of former President Yoon Suk Yeol, interfered in state affairs in exchange for expensive gifts and money, according to findings announced on...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions

Chinas private rocket startup LandSpace is rapidly emerging as a key challenger in the global commercial space race, openly drawing inspiration from Elon Musks SpaceX while reshaping Chinas traditionally state-led space...

China Proposes Stricter Rules for AI Services Offering Emotional Interaction

Chinas top internet regulator has released draft regulations aimed at tightening oversight of artificial intelligence services that simulate human personalities and engage users emotionally, signaling a stronger push to...

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...