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Microsoft, NVIDIA inks gaming deal amid regulators’ opposition to Activision merger

Feb 22, 2023 10:31 am UTC| Business Economy

Microsoft Corp. signed a 10-year contract with NVIDIA which will make Activision games available on the latters gaming platform. Then again, this will only happen if Microsoft is granted approval to go ahead with its...

AT&T reportedly eyeing sale of its cybersecurity unit

Feb 22, 2023 10:23 am UTC| Business Economy

ATT Inc. is reportedly exploring a possible sale of its cybersecurity unit, and this was shared by people who are familiar with the matter. The sale may also result in the cancellation of an acquisition agreement that was...

Starbucks unveils new drinks with olive oil in Italy with plans for US debut

Feb 22, 2023 09:59 am UTC| Business Economy

Starbucks announces the addition of new beverage concoctions to its store menu in Italy. It is launching drinks with olive oil in every cup, and this could also be released in the United States this coming...

NBA, Ant Group announce strategic partnership in China

Feb 22, 2023 09:58 am UTC| Business Economy

NBA and Ant Group have signed a strategic partnership deal for digital collectibles and joint marketing promotions, and other businesses in China. The Chinese fintech firm said that together with the National Basketball...

Hybe denies hostile acquisition, says merger with SM Entertainment will help artists advance overseas

Feb 22, 2023 08:43 am UTC| Business Economy

Hybe affirmed on Tuesday this week that it is planning to acquire SM Entertainment through a stake owned by its founder Lee Soo Man. The company also explained that the purchase is not a hostile merger and acquisition...

SK Nexilis to supply copper foil to Northvolt in a $1B deal

Feb 22, 2023 08:08 am UTC| Business Economy

SK Nexilis Co. is set to supply its copper foil to Northvolt AB, a Swedish battery developer and manufacturer specializing in lithium-ion technology for electric vehicles. They signed a deal for a 5-year contract worth $1...

Mars to launch 2 HFSS-compliant iced coffee mocha lattes

Feb 21, 2023 22:36 pm UTC| Economy Business Life Health

Mars Chocolate Drinks and Treats will launch two HFSS (high in saturated fat, salt, and sugar)-compliant iced coffee mocha lattes under its Mars and Galaxy brands, the Mars Iced Coffee Mocha Latte and Galaxy Iced Coffee...

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Economy

Jefferies Sees Further Upside for Chinese AI Stocks as Valuation Gap Narrows

Jefferies has expressed a bullish outlook on Chinese artificial intelligence stocks, saying the sector still has significant upside potential as the valuation gap with U.S. AI peers continues to narrow. In a recent...

Trump Signals Confidence China Could Open Markets to U.S. Goods Amid Rising Global Tensions

U.S. President Donald Trump said on Tuesday that he believes China could eventually open its markets wider to American goods, once again emphasizing what he described as a strong personal relationship with Chinese...

Japanese Manufacturers’ Confidence Slips to Six-Month Low as Global Demand Weakens

Japanese manufacturers confidence fell to its lowest level in six months in January, reflecting growing concerns over weakening global demand, particularly in major economies such as China and the United States. According...

Amazon Reviews Supplier Costs as U.S.–China Tariffs Ease

Amazon has confirmed that it is in discussions with some of its vendors about adjusting product costs following a recent reduction in U.S. tariff rates on Chinese imports, a move that could influence pricing across its...

Oil Prices Slip After Rally as Markets Weigh Iran Supply Risks and Rising U.S. Inventories

Oil prices edged lower in Asian trading on Wednesday after climbing to multi-week highs in the previous session, as investors balanced geopolitical supply concerns against fresh data showing a sharp increase in U.S. crude...

Politics

Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules

The Trump administration has officially approved the sale of Nvidias H200 artificial intelligence chips to China, marking a major shift in U.S. export policy and reigniting debate over national security and global AI...

Congress Seen as Check on Trump Policies, But Markets Face Rising Volatility, Says BCA Research

Congress is expected to restrain President Donald Trumps most aggressive policy initiatives, but financial markets should prepare for heightened volatility as he tests those boundaries, according to a recent analysis from...

Trump Responds to Criticism at Michigan Auto Plant as Epstein Controversy Resurfaces

U.S. President Donald Trump sparked fresh controversy during a visit to a Michigan auto plant after video footage circulated online showing him making an obscene hand gesture and appearing to direct profanity toward a...

Trump Urges Iranian Protests as Tehran Accuses U.S. of Destabilization

U.S. President Donald Trump has publicly urged Iranians to continue nationwide protests, escalating tensions as Irans leadership intensifies a crackdown on what are described as the largest demonstrations in years. In a...

U.S. Issues Urgent Advisory Urging Americans to Leave Iran Amid Protests

The United States government has issued an urgent travel advisory calling on American citizens to leave Iran immediately, citing growing security risks as large-scale anti-government protests spread across the country. The...

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

Alphabet Stock Poised for Growth as Bank of America Sees Strong AI Momentum Into 2026

Bank of America has reinforced its bullish outlook on Alphabet, citing improving artificial intelligence sentiment and a strengthening competitive position that could drive the company toward becoming the worlds most...

AFT Leaves X Over AI-Generated Images of Minors

The American Federation of Teachers (AFT), one of the largest teachers unions in the United States, has announced it is leaving the social media platform X, citing serious concerns over the creation and spread of...

Nvidia Denies Upfront Payment Requirement for H200 AI Chips Amid China Export Scrutiny

Nvidia has denied claims that it requires full upfront payments for its H200 artificial intelligence chips, pushing back against reports suggesting unusually strict sales terms for Chinese customers. In a statement issued...

Trump Pushes Tech Giants to Absorb AI Data Center Power Costs, Citing Microsoft Changes

U.S. President Donald Trump said Monday evening that his administration is working closely with major American technology companies to prevent the rising electricity costs of AI data centers from increasing household...

SK Hynix to Invest $13 Billion in Advanced Chip Packaging Plant as AI Memory Demand Surges

SK Hynix Inc, a key supplier to Nvidia and one of the worlds largest memory chipmakers, announced plans to invest 19 trillion won (approximately $13 billion) to build a cutting-edge chip packaging plant in South Korea,...
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