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NFT: McDonald's China unveiled 188 ‘Big Mac Rubik's Cube’ NFTs for its 31st-anniversary celebration

Oct 11, 2021 09:38 am UTC| Business Digital Currency

McDonalds China has released a total of 188 non-fungible tokens that it calls the Big Mac Rubiks Cube NFTs. These digital assets were distributed to the companys employees and customers as part of its giveaway event as it...

Samsung heirs selling ₩2 trillion worth of stocks to finance payment for inheritance tax

Oct 11, 2021 09:17 am UTC| Business Economy

Samsung lost its chairman Lee Kun Hee last year, and his family has inherited the company and other assets. He has left a significant amount to his family, but now they have to pay inheritance taxes for the assets. To...

Cryptocurrency: El Salvador is building a veterinary hospital using gains from Bitcoin operations

Oct 11, 2021 08:48 am UTC| Business Digital Currency

El Salvador is the very first country to adopt cryptocurrency as a legal tender, and now it sees the benefits from this move. It was reported that the country has already gained millions from its Bitcoin operations, and...

Starbucks Korea: Employee protesters reject assistance from labor union groups

Oct 11, 2021 07:33 am UTC| Business Economy

Starbucks Koreas employees and baristas have staged a protest due to excessive workload. The demonstration was held late last week, and the workers complained of having too much work due to the coffee chains marketing...

TSMC, Sony reportedly mulling over jointly building a chip factory

Oct 11, 2021 05:54 am UTC| Business Economy

TSMC and Sony are reportedly mulling over a joint venture where they will build a new chip factory together. Amid the global chip shortage, the companies may construct a semiconductor plant in Japan to help alleviate the...

Google, Amazon support global tax scheme tax with 15% minimum agreed upon by 136 countries

Oct 08, 2021 23:56 pm UTC| Economy Business

Big US tech companies like Google and Amazon have supported the Organization for Cooperation and Economic Development (OECD) negotiations to prescribe tax rates for global companies to deter multinationals from stashing...

Nestle launching plant-based egg and shrimp substitutes

Oct 08, 2021 10:20 am UTC| Business Economy

Nestle is getting deeper into the plant-based business as it is releasing new food items that will substitute eggs and shrimp. This new menu will be expanding the companys entrance into the vegan market that has been...

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Economy

Japan Wholesale Inflation Slows as Fuel Costs Fall, BOJ Data Shows

Japans wholesale inflation growth eased toward the end of the year, signaling that falling fuel and crude oil prices are beginning to reduce cost pressures for businesses, according to the latest data released by the Bank...

U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns

U.S. Treasury Secretary Scott Bessent has emphasized the importance of clear and well-communicated monetary policy during a recent meeting with Japanese Finance Minister Satsuki Katayama, as concerns grow over sharp...

U.S. Stock Index Futures Dip as Tech and Bank Stocks Weigh on Wall Street

U.S. stock index futures edged lower on Wednesday evening after Wall Street extended a two-day losing streak, driven by declines in bank stocks and profit-taking across major technology names. Investor sentiment turned...

Taiwan Seeks Tariff Cuts and Investment Deal in High-Level U.S. Talks

Senior Taiwanese officials are traveling to Washington this week to push forward negotiations with the United States aimed at reducing U.S. tariffs on Taiwanese exports and potentially finalizing a new investment...

Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons

Japan has declined to comment on why the Bank of Japan (BOJ) did not join a rare joint statement issued by other major central banks in support of U.S. Federal Reserve Chair Jerome Powell, following reports of threats of...

Politics

U.S. Justice Department Sues to Block California Oil and Gas Buffer Zone Law

The U.S. Justice Department has filed a lawsuit seeking to block a California law that requires oil and gas drilling operations to maintain significant buffer zones from schools, homes, hospitals, and other community...

Trump Signals Caution on Iran Protests as U.S. Military Intervention Risks Grow

U.S. President Donald Trump said Wednesday that killings linked to Irans crackdown on nationwide protests appear to be subsiding, adding that he does not believe Tehran currently plans large-scale executions of...

U.S. Faces Criticism Over Delayed Veterans Benefits for Pacific Island Nations Amid China Rivalry

The Trump administration is facing renewed criticism from Democratic lawmakers and Pacific island leaders over delays in delivering veterans benefits promised under long-term agreements designed to strengthen U.S....

Trump and Venezuela’s Acting President Delcy Rodriguez Hold Positive Phone Call

U.S. President Donald Trump held a phone conversation on Wednesday with Venezuelas acting President Delcy Rodriguez, a call that both leaders later described as constructive and encouraging, signaling a potential shift in...

Trump Administration Pauses Immigrant Visa Processing for Applicants From 75 Countries

The Trump administration has announced a sweeping suspension of immigrant visa processing for applicants from 75 countries, intensifying its broader immigration crackdown since President Donald Trump returned to office....

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

U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China

U.S. lawmakers and former national security officials are voicing strong concerns over President Donald Trumps decision to allow Nvidia to resume sales of its advanced H200 artificial intelligence chips to China, warning...

Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities

Title: Taiwanese prosecutors have issued an arrest warrant for Pete Lau, the chief executive officer of Chinese smartphone maker OnePlus, accusing him of involvement in illegal business operations and recruitment...

Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive

Chinese artificial intelligence startup Zhipu AI has unveiled a new open-source image generation model, marking a significant milestone in Chinas push for technological self-reliance. The model, called GLM-Image, was...

Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules

The Trump administration has officially approved the sale of Nvidias H200 artificial intelligence chips to China, marking a major shift in U.S. export policy and reigniting debate over national security and global AI...

Alphabet Stock Poised for Growth as Bank of America Sees Strong AI Momentum Into 2026

Bank of America has reinforced its bullish outlook on Alphabet, citing improving artificial intelligence sentiment and a strengthening competitive position that could drive the company toward becoming the worlds most...
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