
AT&T to stop offering some free data services due to California law
Mar 17, 2021 23:24 pm UTC| Business
US wireless carrier ATT Inc will halt some free data services, such as HBO Max and other Data Free TV on its video apps, beginning March 25, in response to a California net neutrality law. Under California law, ATT...

BMW says electric cars to comprise 50% of sales by 2030
Mar 17, 2021 23:23 pm UTC| Business
BMW is targetting at least 50 percent of its deliveries by 2030 to be electric models, with its MINI brand becoming fully electric. The German carmaker added that around 90 percent of its market categories would be...

S. Korea to limit excessive payments to livestreamers
Mar 17, 2021 23:21 pm UTC| Business
South Korea will pursue revisions to its Telecommunications Business Act to prevent excessive payments to livestream broadcasters after reports of financial damage to users. According to the Korea Communications...

Nokia slashing 10,000 jobs to invest in 5G technology
Mar 17, 2021 11:02 am UTC| Business
Nokia, the Finnish telecom company, announced on Tuesday, March 16, that it is planning to slash its workforce. For this, at least 10,000 jobs would be affected, and the layoffs will happen in the next two years. The...

Hyosung Advanced Materials confirmed to supply airbags for Amazon Robotaxis
Mar 17, 2021 10:54 am UTC| Business
Hyosung Advanced Materials has been confirmed to become Amazons airbags supplier for its self-driving electric vehicles. It was announced on Tuesday, March 16, that the South Korean industrial materials maker had been...

eBay Korea: Kakao, Lotte, SK Telecom, Emart bidding to acquire the e-commerce platform
Mar 17, 2021 08:27 am UTC| Business
eBay Korea has been placed in the market since the start of this year. It is still not sold, but major South Korean companies have stepped up to bid for its purchase. Yonhap News Agency reported that some of the...

Walgreens sued over opioids crisis in Arkansas
Mar 17, 2021 08:00 am UTC| Business
Walgreens has been sued by Arkansas Attorney General Leslie Rutledge, and the case was filed earlier this week. In her filing, she claimed that the pharmacy chain company played a big part in making the opioid crisis...