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Best Buy expands biz to beauty, furniture, e-transportation products

May 10, 2022 09:53 am UTC| Business Economy

Best Buy is a retailer that is known for selling consumer electronic products such as mobile phones and television sets. Now it is expanding its business to include beauty gadgets, patio furniture, and e-transportation...

Renault sells Korean unit stake to China's Geely for new car development

May 10, 2022 09:07 am UTC| Business Economy

Renault, a French multinational automobile manufacturer, announced it would be selling some of its Korean unit stakes to Chinas Geely Holding Group, an automotive firm. The company is planning to unload a third of its...

Hyundai in talks to build its second EV plant in Georgia

May 10, 2022 08:50 am UTC| Business Economy

Hyundai Motor Co. revealed it is planning to build a new plant in the United States for its electric vehicle production. The South Korean automaker is currently in talks with the local government of Georgia state where the...

Digital Currency Revolution

NFT: Mr. Bean lands in the Metaverse as Banijay, FOMO Labs launch its NFTs

May 10, 2022 08:06 am UTC| Business Digital Currency Investing

Mr. Bean is coming to the metaverse as Banijay announced that 3,333 of the characters non-fungible tokens or NFTs are in the works. Banijay is considered the worlds largest international content producer and distributor of...

KakaoBank reportedly building ties with cryptocurrency exchange firms

May 10, 2022 07:38 am UTC| Business Economy

KakaoBank is mulling to get into the cryptocurrency business. Thus, it is reportedly forming ties with crypto exchanges for a possible partnership. The bank plans to enter the digital currency industry through this...

SK shieldus scraps IPO plan due to weak demand

May 10, 2022 07:12 am UTC| Business Economy

SK shieldus, one of the leading security companies in South Korea and operating under SK square Co., was revealed to have withdrawn its initial public offering (IPO) plan. The security solutions firm made the decision to...

Digital Currency Revolution

NFT: Meta’s Instagram adds NFT feature, trial begins this week

May 10, 2022 07:11 am UTC| Business Investing Digital Currency

Metas Instagram will be adding a feature to support non-fungible tokens or NFTs from Ethereum, Solana, Polygon, and Flow. For this new function, the social media platform will not be charging users for displaying their...

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Economy

Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure

Tensions between the White House and the U.S. Federal Reserve escalated sharply over the weekend after Federal Reserve Chair Jerome Powell revealed that the administration had allegedly threatened him with a criminal...

Japan Launches Deep-Sea Rare Earth Mining Mission to Reduce Reliance on China

Japan has taken a major step toward securing its supply of critical minerals by launching a groundbreaking deep-sea mining mission aimed at extracting rare earth elements from the ocean floor. A government-backed Japanese...

Australian Household Spending Surges, Raising Rate Hike Expectations

Australian household spending showed strong momentum for a second straight month in November, reinforcing signs that the economy is gaining traction and increasing expectations of future interest rate hikes. According to...

U.S. Dollar Slips as Powell Investigation Shakes Markets, Gold Hits Record High

The U.S. dollar weakened on Monday after retreating from its strongest level in a month, following reports that U.S. prosecutors have opened a criminal investigation into Federal Reserve Chair Jerome Powell. The...

UK Jobs Market Cools in December as Starting Salaries Rise, Survey Shows

Britains jobs market showed further signs of cooling in December, even as starting salaries for permanent roles increased at a faster pace, according to a closely watched survey of recruiters that will be reviewed by the...

Politics

ICJ to Hear Landmark Genocide Case Against Myanmar Over Rohingya Crisis

A landmark genocide case against Myanmar is set to open at the International Court of Justice (ICJ), the United Nations highest judicial body, marking the first full genocide hearing at the court in more than a decade. The...

Trump Reignites Greenland Takeover Claims, Citing U.S. Security and NATO Tensions

U.S. President Donald Trump has once again stirred global debate after declaring that the United States would acquire Greenland, even if such a move risks straining relations within the North Atlantic Treaty Organization...

Trump Considers Starlink to Restore Internet Access in Iran Amid Protests

U.S. President Donald Trump said on Sunday that he is considering discussions with billionaire entrepreneur Elon Musk about restoring internet access in Iran, where authorities have imposed widespread blackouts amid...

DHS Sends Hundreds More Officers to Minnesota After ICE Shooting Sparks Nationwide Protests

The U.S. Department of Homeland Security (DHS) announced it is deploying hundreds of additional federal officers to Minnesota following large-scale protests over the fatal shooting of a woman by an Immigration and Customs...

Who Is Li Chenggang? The Diplomat Shaping U.S.-China Trade Talks

Chinas lead trade negotiator Li Chenggang has emerged as one of the most influential figures in U.S.-China trade negotiations, despite a rocky moment last year that briefly threatened to derail high-level diplomacy. In...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

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...

Technology

Anthropic Launches HIPAA-Compliant Healthcare Tools for Claude AI Amid Growing Competition

Anthropic has announced the launch of a new suite of healthcare-focused tools integrated into its Claude AI chatbot, marking another significant step in the rapidly expanding use of artificial intelligence in medicine. The...

Elon Musk Says X Will Open-Source Its Algorithm Amid EU Scrutiny

Elon Musk announced on Saturday that X, the social media platform formerly known as Twitter, will publicly release its recommendation algorithm, including the full code behind organic content and advertising post...

China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges

China is accelerating efforts to narrow its technological gap with the United States, driven by increased risk-taking, innovation, and strong policy support for artificial intelligence and semiconductors. Leading Chinese...

Supreme Court to Hear Cisco Appeal on Alien Tort Statute and Human Rights Liability

The U.S. Supreme Court has agreed to hear an appeal by Cisco Systems that could significantly reshape how American companies are held liable for alleged human rights abuses committed overseas. The case centers on the scope...

FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites

The U.S. Federal Communications Commission (FCC) has approved SpaceXs request to deploy an additional 7,500 second-generation Starlink satellites, marking a major step forward in the companys mission to expand global...