How Is Artificial Intelligence Already Being Used in Our Society?
Sep 24, 2020 04:53 am UTC| Business
Artificial intelligence has frequently been cited as one of the most exciting technological advancements in the world. However, most people arent aware that it has already entered mainstream society and theyre using it...

Chinese state media likens US to a gangster in treatment of TikTok
Sep 24, 2020 04:26 am UTC| Business
The editorial boards of state-run publications China Daily and the Global Times are urging China to prohibit what they call a dirty and unpalatable deal that would give US firms Walmart and Oracle controlling interest in...

UAE's Habtoor to collaborate with Israel's Mobileye on ‘robo-taxi’
Sep 24, 2020 04:01 am UTC| Business
Dubai-based conglomerate Al Habtoor Group has teamed up with Israeli high-tech firm Mobileye on putting robo-taxis on the roads of the emirate. Khalaf Al Habtoor, founding chairman of the group, signed a deal with...

S. Korea to double amount of taxes on vape juice
Sep 24, 2020 03:36 am UTC| Business
South Korea will nearly double the taxes on nicotine solutions used in electronic cigarettes, which are called e-liquid or vape juice, from 525 won to 1,050 won a milliliter. The nicotine solutions are heated in the...

Warner Bros. to pull out of S. Korean market
Sep 24, 2020 02:52 am UTC| Business
Warner Bros. will pull out of the South Korean market due to years of disappointing performances, and will merely wrap up projects that are in post-production or production. An official from Warner Bros Korea, the South...

Sep 24, 2020 02:37 am UTC| Business
Stocks of Korean EV battery firms took a nosedive by as much as 10 percent after Tesla founder Elon Musk announced plans to recycle battery cells at its Nevada factory, and to manufacture its own battery cells at several...

Doosan Heavy to raise 2.2 trillion won from asset sale
Sep 23, 2020 09:59 am UTC| Business
Doosan Heavy Industries Construction Co. (DHIC) will expedite its self-rescue plan by raising 2.2 trillion won in the sale of Doosan Engineering Construction Co., its stake in Doosan Infracore Co., and new shares worth...