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Naver, Coupang under probe for suspected antitrust violations

Jul 14, 2022 07:56 am UTC| Business Economy

Naver and Coupang are two of the leading companies in South Korea, and it was revealed this week that they are under investigation. Based on the reports, the countrys Fair Trade Commission (FTC) launched a probe due to...

Burger King appoints new chief digital officer in US, Canada

Jul 14, 2022 07:46 am UTC| Business Economy

Burger King has a new chief digital officer after hiring Thibault Roux for the job. Starting July 18, he will be the fast-food chains CDO in the United States and Canada. As per Restaurant Dive, Roux will be joining...

Twitter sues Elon Musk to enforce $44 billion purchase deal

Jul 13, 2022 22:34 pm UTC| Law Economy Business

Twitter Inc sued Elon Musk for violating the $44 billion deal to buy the social media platform in a Delaware court, demanding that the worlds richest person complete the merger at the agreed $54.20 per Twitter...

Bank of Korea to conduct CBDC simulations involving at least 10 banks

Jul 13, 2022 22:34 pm UTC| Technology Economy Business

The Bank of Korea will be conducting its retail central bank digital currency (CBDC) simulations involving at least ten commercial banks, including Shinhan Bank and NH Nonghyup Bank. Examining user payments and...

Seoul E-Prix will showcase city's futuristic aspects

Jul 13, 2022 22:30 pm UTC| Technology Economy Business

The electric vehicle (EV) racing competition chose Seoul as its next competition venue in August because the capital city fits well with the future-oriented image of the event. Jamie Reigle, CEO of Formula E, which is...

TikTok strikes content deal with PGA Tour, DP World Tour and The Open

Jul 13, 2022 22:26 pm UTC| Sports Business

TikTok will bring a range of content featuring some of golfs biggest stars in new content partnerships with the PGA Tour, the DP World Tour, and the RA ahead of the 150th edition of The Open golf major in St Andrews on...

Starbucks denies it stopped selling chicken sandwich because of FDA recall, salmonella or listeria contamination

Jul 13, 2022 22:19 pm UTC| Health Economy Business Life

Starbucks denies that its decision to stop selling Chicken, Maple Butter, and Egg Sandwich on June 26, a mere five days after it had been announced as a new permanent menu item, was due to FDA recall or salmonella or...

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Economy

UK Retail Prices Rise as Cost Pressures Threaten Further Increases in 2026

British retail prices rose at a faster pace last month, and retailers may find it difficult to prevent further price increases in 2026 as cost pressures continue to build, according to the British Retail Consortium (BRC)....

U.S. Stock Futures Flat as Energy Stocks Rally on Venezuela Developments

U.S. stock futures traded mostly flat on Monday night after Wall Street closed higher, supported by a strong rally in energy stocks following major geopolitical developments involving Venezuela. Futures tied to the SP 500...

Trump Venezuela Oil Pledge Unlikely to Lift Prices in Oversupplied Global Market

U.S. President Donald Trumps pledge to unlock more Venezuelan oil barrels following the capture of President Nicolas Maduro has heightened geopolitical tensions, but analysts say it is unlikely to meaningfully impact an...

Philippine Inflation Rises to 1.8% in December as Food and Clothing Prices Increase

Philippine annual inflation accelerated to 1.8% in December, rising from 1.5% in November, according to data released by the countrys statistics agency on Tuesday. The higher inflation reading surprised market...

U.S. Dollar Steadies Near Two-Week High as Risk Appetite Improves

The U.S. dollar traded steadily near a two-week high as Asian markets opened on Tuesday, supported by easing geopolitical concerns and renewed risk-taking sentiment on Wall Street. Investors appeared less alarmed by recent...

Politics

Nicolas Maduro Pleads Not Guilty in U.S. Court After Dramatic Arrest Ordered by Trump

Former Venezuelan President Nicolas Maduro pleaded not guilty on Monday in a Manhattan federal court after a dramatic U.S. military operation ordered by President Donald Trump led to his capture, sending shockwaves through...

Zelenskiy Appoints Chrystia Freeland as Economic Adviser to Support Ukraine’s Recovery and Defense

Ukrainian President Volodymyr Zelenskiy announced on Monday that Canadas former Deputy Prime Minister Chrystia Freeland has been appointed as his new economic development adviser, a move aimed at strengthening Ukraines...

Kim Jong Un and Daughter Inspect Memorial Honoring North Korean Troops Killed Overseas

North Korean leader Kim Jong Un, accompanied by his daughter Ju Ae, inspected the construction site of a new memorial dedicated to North Korean soldiers who died while fighting overseas, according to a report released...

Paris Court Convicts 10 in Cyber Harassment Case Targeting Brigitte Macron

A Paris court on Monday convicted 10 individuals for cyber harassment against Brigitte Macron, Frances first lady, after they spread false and defamatory claims that she is a transgender woman who was born male. The ruling...

Colombia Reaffirms Cooperation With U.S. on Drug Trafficking Amid Rising Tensions

Colombia has reaffirmed its commitment to working closely with the United States in the fight against drug trafficking, emphasizing continued cooperation through U.S. intelligence, technology, and joint coordination. The...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Intel Unveils Panther Lake AI Laptop Chips at CES 2025, Marking Major 18A Manufacturing Milestone

Intel has officially launched Panther Lake, its next-generation AI chip for laptops, at the CES 2025 trade show in Las Vegas, signaling a critical step in the companys turnaround strategy and its push to regain market...

Mercedes-Benz to Launch Advanced Urban Self-Driving System in the U.S., Challenging Tesla FSD

Mercedes-Benz announced on Monday that it will introduce a new advanced driver-assistance system in the United States later this year, marking a major step forward in autonomous driving technology. The system, called...

Dell Revives XPS Laptop Lineup With New XPS 14 and XPS 16 to Boost Premium PC Demand

Dell has officially revived its popular XPS laptop lineup, marking a strategic reversal just a year after retiring the premium brand. The move comes as the company seeks to stimulate demand in a sluggish global personal...

BTIG Initiates Buy on SoftBank as AI and Robotics Strategy Gains Momentum

BTIG has initiated coverage of SoftBank Group Corp. (TYO:9984) with a Buy rating, citing the Japanese investment conglomerates strong positioning at the intersection of artificial intelligence and robotics. The brokerage...

Nvidia Unveils Rubin Platform to Power Next Wave of AI Infrastructure

NVIDIA Corporation (NASDAQ: NVDA) used the CES 2026 convention in Las Vegas to reaffirm its leadership in artificial intelligence infrastructure, announcing that its next-generation Rubin data center platform is now in...
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