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Fri, Jan 16, 2026 03:02 AM All times are UTC

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Coupang founder Kim Bom Seok quits from the company board

Jun 18, 2021 09:42 am UTC| Business Economy

Coupang founder, Kim Bom Seok, was revealed to have stepped down from the companys board. But then again, the move is for the betterment of the business as he is quitting just to have more time to work on overseas...

Hyundai, Kia's Europe sales more than double in May

Jun 18, 2021 09:38 am UTC| Economy Business

Hyundai Motor Co. and affiliate Kia Corp. sold a combined 88,171 vehicles in Europe last month, almost doubling the 42,492 units it sold in the same month a year ago due to robust demand and lower base effect. The...

Mazda to offer 13 new electrified vehicles by 2025

Jun 18, 2021 09:31 am UTC| Economy Business

Mazda Motor Corp. will start launching new electrified vehicle models next year with a goal of offering 13 new variants globally by 2025, including three electric vehicles, five gas-electric hybrids, and five plug-in...

Microsoft announces the appointment of CEO Satya Nadella as chairman of the board

Jun 18, 2021 09:19 am UTC| Business Economy

Microsoft has a new chairman of the board and it is no other than the companys chief executive officer, Satya Nadella. With her assignment at two high posts in the company, it is apparent that he just became even more...

JPMorgan Chase acquires UK’s investment platform Nutmeg

Jun 18, 2021 09:05 am UTC| Business Economy

JPMorgan Chase just purchased Nutmeg, an online investment management company based in London. It was reported that the American investment bank and financial services holding company headquartered in New York City made...

Ford acquires Electriphi EV charging and energy management platform

Jun 18, 2021 08:16 am UTC| Business Economy

Ford Motor announced on Thursday that it acquired Electriphi, a company that provides charging management and monitoring software for electric vehicles. The purchase is said to have been made as the automakers goal is to...

Lotte predicted to pursue Yogiyo after losing to Shinsegae over eBay Korea acquisition

Jun 18, 2021 07:32 am UTC| Business Economy

Lotte Group may be going after Yogiyo now that reports are saying that Shinsegae and Naver consortium are the likely winners in the bid to buy eBay Korea. Since it is on the losing side, industry observers believe the...

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Economy

Retail Investors Crowd Into Silver as Prices Surge to Record Highs

Individual investors are buying silver at an unprecedented pace, turning the metal into one of the most crowded commodity trades in global markets, according to a new report from Vanda Research. Over the past 30 days...

Asian Markets Rise as AI Rally Reignites, Dollar Stays Firm on Strong U.S. Data

Asian stock markets advanced on Friday as renewed optimism around artificial intelligence stocks lifted investor sentiment, while the U.S. dollar remained near a six-week high after strong American economic data reduced...

U.S.–Taiwan Trade Deal Spurs $500 Billion Semiconductor Investment in America

A new U.S. trade deal with Taiwan is set to significantly reshape the global semiconductor landscape, with massive investments aimed at strengthening chip manufacturing in the United States. According to Commerce Secretary...

Dollar Holds Firm as Strong U.S. Data Dims Fed Rate Cut Hopes

The U.S. dollar remained resilient on Friday, positioning itself for a third consecutive weekly gain as stronger-than-expected U.S. economic data reduced market expectations for near-term Federal Reserve rate cuts. The...

IMF Chief Signals New $8.1 Billion Ukraine Aid Program After Surprise Kyiv Visit

International Monetary Fund Managing Director Kristalina Georgieva made a surprise visit to Kyiv on Thursday, signaling continued global financial support for Ukraine as the war with Russia drags on. Speaking to Reuters,...

Politics

Former South Korean President Yoon Suk Yeol Faces Historic Court Ruling Over Failed Martial Law Attempt

Former South Korean President Yoon Suk Yeol is set to face his first court ruling on Friday in a landmark criminal case tied to his failed attempt to impose martial law, a political crisis that stunned the nation and drew...

Schumer Urges Trump to Halt ICE Raids, Citing Fear in U.S. Cities

U.S. Senate Democratic Leader Chuck Schumer sharply criticized Immigration and Customs Enforcement operations during a meeting with President Donald Trump on Thursday, warning that ongoing ICE raids in major U.S. cities...

Trump Pushes Gaza Demilitarization Deal With Backing From Egypt, Turkey, and Qatar

U.S. President Donald Trump said on Thursday that Egypt, Turkey, and Qatar are backing his push for a comprehensive demilitarization agreement with Hamas, as Washington moves forward with the next phase of its plan to end...

Trump Backs Palestinian Technocratic Government to Lead Gaza Transition

U.S. President Donald Trump announced on Thursday that he is supporting the establishment of a newly appointed Palestinian Technocratic Government to oversee the administration of Gaza during a transitional period, a...

US Imposes 25% Tariff on High-End Semiconductors as Phase One Move

The United States government has announced a 25% national security tariff on certain high-end semiconductors, marking what officials describe as a phase one step in a broader strategy to protect and strengthen the domestic...

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

Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft

A federal judge in Oakland, California, has rejected renewed attempts by OpenAI and Microsoft to dismiss a high-profile lawsuit filed by Elon Musk, allowing the case to proceed to a jury trial starting April 27. The ruling...

Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement

Major publishing companies Hachette Book Group and Cengage Group have formally asked a California federal court for permission to intervene in a proposed class action lawsuit against Google, intensifying the ongoing legal...

China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO

Chinas artificial intelligence capabilities are rapidly catching up to those of the United States and other Western nations, according to Demis Hassabis, CEO of Google DeepMind. Speaking on a CNBC podcast, Hassabis said...

xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny

Elon Musks artificial intelligence company xAI announced new restrictions on its Grok AI chatbot after the platform generated sexualized and manipulated images that raised alarms among regulators worldwide. The move comes...

TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates

Taiwan Semiconductor Manufacturing Co (TSMC), the worlds largest contract chipmaker and a critical supplier to Nvidia and Apple, is expected to deliver a record-breaking fourth-quarter profit, driven by surging global...