
Paypal reportedly in the final stage of acquiring Pinterest for $45B
Oct 21, 2021 08:17 am UTC| Business Economy
Paypal is set to buy Pinterest for $45 billion and this was revealed by sources who are familiar with the deal. On Wednesday, Oct. 20, it was reported that the financial technology company specializing in money transfers...

Facebook: Senators urged Mark Zuckerberg to give up its Novi crypto wallet pilot
Oct 21, 2021 07:07 am UTC| Business Economy
Facebook dropped its Novi crypto wallet this week for a pilot run, and just hours after its launch, government officials have called on Mark Zuckerberg to immediately discontinue the cryptocurrency wallet that is being...

Facebook may change its name to rebrand itself while also focusing on metaverse
Oct 21, 2021 05:37 am UTC| Business Economy
Facebook is reportedly planning to change its name to something related to metaverse and rebrand itself. It was reported this week that as it is heavily criticized by regulators worldwide for its business practices, the...

Lotte dismisses long-time employees to develop communicative work culture
Oct 20, 2021 23:52 pm UTC| Economy Business
Lotte has made its staff younger by hiring new workers and dismissing longtime employees to change the organizational culture that causes rigid work environments. The company is aspiring to develop young and...

S. Korea's easing of social distancing measures raises hopes for liquor businesses
Oct 20, 2021 23:52 pm UTC| Life Business Economy
South Koreas brewery companies and liquor traders are hoping to rebound in the fourth quarter with the government possibly implementing a strategy that will ease social distancing measures nationwide. The Living with...

The Associated Press releases its NFT collection on Binance
Oct 20, 2021 10:32 am UTC| Business Digital Currency
The Associated Press, an American non-profit news agency based in New York City, just released its own non-fungible token. The digital asset was placed on sale on Binances NFT marketplace. According to CoinDesk, the...

Cryptocurrency: Facebook debuts its digital currency wallet Novi powered by Coinbase
Oct 20, 2021 10:12 am UTC| Business Digital Currency
Facebook unleashes its own digital currency wallet called Novi, and for the pilot launch, it will be using Paxos Dollar instead of the Diem digital currency that FBs crypto wallet was originally designed to hold. Novi will...
US–India Trade Talks Race Toward USD 500 Billion Goal