
S. Korea to deploy ships to cushion exporters from soaring freight rates
Jan 22, 2021 12:11 pm UTC| Economy Business
South Korea will deploy at least five vessels by the end of February to support exporters facing increasing freight costs amid soaring demand. According to the Ministry of Trade, Industry, and Energy, HMM Co., South...

S. Korea favored by WTO in tariff case against US
Jan 22, 2021 10:44 am UTC| Economy Business Law
The World Trade Organization (WTO) favored South Korea in its lawsuit against the US for levying high tariffs on its steel and power transformer products since May 2016. According to the WTO panel, eight cases of...

MeWe: Social media users are signing up on ‘anti-Facebook’ rival platform due to data privacy issues
Jan 22, 2021 10:32 am UTC| Business
MeWe is an American social media platform that has been described as anti-Facebook. This is due to the fact that the company is promoting itself as the next-gen social networking site with no BS. No Ads and No Spyware,...

Google threatens to block services in Australia if forced to pay for news
Jan 22, 2021 10:21 am UTC| Economy Business
Google threatened to block its search engine function in Australia if its government forces it and Facebook Inc to pay media companies for using their content. The result would be degraded search and YouTube experiences...

Jan 22, 2021 10:15 am UTC| Business Economy
Qualcomm was known to be the leading system on chips (SOC) supplier of the leading smartphone manufacturers in China. In fact, in 2020, around 307 million chips were delivered to Chinese companies, but in a new report, it...

Google agreed to pay French publishers for contents under the new EU copyrights law
Jan 22, 2021 09:28 am UTC| Business
Google and French newspaper publishers have finally resolved their issues after both camps agreed on payments for copyrights. They have signed an agreement this week, and the deal was made public on Jan. 21. The...

Tesla Model 3: Elon Musk’s electric car exploded in residential parking in Shanghai
Jan 22, 2021 08:23 am UTC| Business
Elon Musks company has things to do after its Tesla Model 3 was said to have burst up in flames in Shanghai. It was reported that the vehicle exploded in the underground parking garage of a residential building. The...