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Amazon setting up manufacturing line for devices in India

Feb 17, 2021 23:41 pm UTC| Business

Amazon will begin operating its first manufacturing line in India later this year by producing Amazon Devices, including Fire TV sticks, in partnership with Foxconns subsidiary, Cloud Network Technology. Located in...

Coke to test first-ever paper bottle in Hungary

Feb 17, 2021 23:25 pm UTC| Business

The Coca-Cola Company will offer plant-based beverage AdeZ in 2,000 of its first-ever paper bottle prototype in Hungary via e-grocery retailer Kifli.hu. The paper bottle project is being co-developed by Coca‑Colas RD...

Nestle to roll out KitKat Vegan in the market

Feb 17, 2021 10:08 am UTC| Business

Nestle made an announcement early this week and revealed that it is releasing a new kind of treat to chocolate lovers. The Swiss company stated that it will roll out the newest KitKat version that will be...

TikTok: ByteDance reportedly drops plans to sell to Oracle and Walmart

Feb 17, 2021 10:02 am UTC| Business

TikTok was previously reported to have a deal with Walmart and Oracle for possible acquisition. The sale was supposed to happen soon, but President Joe Biden put the negotiations on hold. The new POTUS wants to review...

Adidas is getting rid of Reebok and starts sale process

Feb 17, 2021 09:45 am UTC| Business

Adidas is finally selling its Reebok brand as its sales has been sluggish in recent years. The German sportswear manufacturer also decided to give up its subsidiary so it can solely focus on its own brand and compete with...

Citigroup can’t get back $500 million it mistakenly sent to Revlon: US Judge

Feb 17, 2021 08:51 am UTC| Business

Citigroup Inc. will be losing money after a U.S. judge ruled that it cannot retrieve the remaining $500 million it sent to Revlon by mistake. This case is about the incorrect wire transfer where the investment bank wired...

McDonald’s gets sued by Black franchisee over racial discrimination

Feb 17, 2021 07:27 am UTC| Business

McDonalds was sued by a Black franchise owner after alleging that he was treated unfairly. Herbert Washington, a former MLB player, claimed that the fast-food chain giant denied him the opportunity to purchase stores in...

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Economy

Macron Warns EU Will Respond to U.S. Tariff Threats Over Greenland

French President Emmanuel Macron has strongly criticized recent tariff threats reportedly made by U.S. President Donald Trump concerning Greenland, warning that Europe will not tolerate economic intimidation and will...

Trump Administration Pushes Rollback of Vehicle Emissions Rules to Lower Car Prices

Senior officials from the Trump administration are promoting major changes to U.S. auto policy, arguing that rolling back vehicle emissions regulations will help lower car prices and address affordability concerns for...

EU and Mercosur Seal Landmark Free Trade Deal After 25 Years of Talks

The European Union and South Americas Mercosur bloc have officially signed a historic free trade agreement, marking a major breakthrough after 25 years of negotiations. The deal was signed on Saturday in Asuncion,...

Trump Threatens Rising Tariffs on Europe Over Greenland Dispute

U.S. President Donald Trump has escalated tensions with key European allies by threatening a new wave of rising tariffs unless the United States is allowed to purchase Greenland, a self-governing territory of Denmark. In a...

Silver Prices Surge as Retail Investors Drive Unusually Strong Rally

Silver has delivered a powerful and unexpected rally in recent months, outperforming most other commodities and precious metals. Prices have climbed at a pace that historically took years to achieve, with silver futures...

Politics

DOJ Urges Judge to Block Lawmakers’ Bid for Special Master in Jeffrey Epstein Records Case

The U.S. Justice Department has formally asked a New York federal judge to reject a request by two bipartisan lawmakers seeking court oversight of the public release of records related to the late financier and convicted...

Trump Administration Proposes $1 Billion Fee for New Global Peace Board

The Trump administration is reportedly proposing that countries pay as much as $1 billion to secure a seat on a newly envisioned international peace board, according to a Bloomberg News report published Saturday. The...

Syrian Army Advances Into Kurdish-Held Areas Amid Rising Tensions and U.S. Warnings

The Syrian army continued its advance into Kurdish-held territory in northern Syria on Saturday, escalating tensions despite U.S. calls to halt offensive operations. State media reported that government forces had taken...

DOJ Sues Virginia Over Failure to Provide Full Voter Registration Records

The U.S. Justice Department has filed a lawsuit against the state of Virginia, alleging that state officials failed to comply with federal requirements to provide complete voter registration lists. According to a statement...

Trump Honored With Road Renaming Near Mar-a-Lago as His Name Expands Across U.S. Institutions

U.S. President Donald Trump marked the ceremonial renaming of a major roadway near his private club in Palm Beach, Florida, highlighting the continued expansion of initiatives, buildings, and programs bearing his name...

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

South Korea Sees Limited Impact From New U.S. Tariffs on Advanced AI Chips

South Koreas trade minister said a newly announced U.S. tariff on certain advanced computing chips is expected to have only a limited short-term impact on South Korean companies, while cautioning that future measures could...

Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains

Elon Musk has escalated his legal battle against OpenAI and Microsoft, seeking up to $134 billion in damages over what he claims are wrongful gains stemming from his early involvement in the artificial intelligence...

China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production

Suppliers producing key components for Nvidias H200 artificial intelligence chips have reportedly paused production after Chinese customs authorities blocked shipments of the newly approved AI processors from entering...

California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery

California Attorney General Robert Bonta has issued a cease-and-desist letter to Elon Musks artificial intelligence company xAI, demanding an immediate stop to the creation and distribution of AI-generated nonconsensual...

TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure

TikTok is set to roll out new age-detection technology across Europe in the coming weeks, as the popular social media platform faces increasing regulatory scrutiny over child safety and age verification. The move follows a...
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