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Amazon facing $425 million fine over EU privacy law

Jun 11, 2021 09:16 am UTC| Business Economy

Amazon may be facing a $425 million fine under the European Unions privacy law, according to reports. A source that has knowledge of the issue has shared this information on Thursday, July 10. Why Amazon could be fined...

Goodyear Tire loses case against foreign workers in Malaysia over alleged labor abuse

Jun 11, 2021 08:43 am UTC| Business Economy

Goodyear Tire, the American tire and rubber manufacturing company, loses in a case filed by foreign employees in Malaysia. The Industrial Court in the said country ruled in favor of the workers over allegations of unjust...

Netflix launches online store for limited-edition merchandise

Jun 11, 2021 08:04 am UTC| Business Economy

Netflix is also entering the online retail store business now as it launches its own web-based shop. The American content and streaming service company announced this week that its online store is now open, and fans can...

5 Ways to Stop Losing Money So Much Money in The Casino

Jun 11, 2021 07:22 am UTC| Business

As a gambler, you have at times gone to the casino full of hopes and high spirits and played in the best-looking table or the slot machine that looks promising, but hours later, your pockets are empty. If this sounds like...

Hyundai Motor suspends assembly lines in S. Korea over vehicle parts shortage

Jun 11, 2021 06:43 am UTC| Business Economy

Hyundai Motor had to halt its production line in South Korea once again, and just like before, the company had to make this decision due to a parts supply shortage. The assembly works in the automakers plant will be...

Seoul to allow gyms, indoor golf driving ranges to extend operations until midnight

Jun 11, 2021 06:00 am UTC| Economy Sports Business

Seoul would allow gyms and indoor golf driving ranges in two wards to extend operations by two hours until midnight for one month to help them cope with operational expenses. The trial period will begin Saturday in the...

Auction of 110-year-old champagne estimated to fetch millions

Jun 11, 2021 05:46 am UTC| Business Economy

A bottle of 110-year-old champagne is being auctioned off this week. The rare French sparkling wine will be sold through an auction, and it is predicted to fetch millions of dollars. How old the champagne is As per...

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Economy

Malaysia Economy Posts Strong Q4 2025 Growth on Domestic Demand Boost

Malaysias economy recorded a solid expansion of 5.7% year-on-year in the fourth quarter of 2025, according to official advance estimates released on Friday, marking its fastest growth pace in more than a year. The robust...

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...

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...

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,...

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...

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

TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings

Taiwan Semiconductor Manufacturing Company (TSMC) shares surged to a record high in Taipei trading on Friday, underscoring strong investor confidence driven by robust fourth-quarter earnings and sustained demand from the...

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...
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