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Kakao's co-CEO resigns, takes responsibility for the extensive service outage in South Korea

Oct 21, 2022 06:43 am UTC| Business Economy

Kakao is currently dealing with the aftermath of the service outage that paralyzed all of the services the company is offering. The incident created extensive business disruptions in South Korea, and the company was also...

U-turns, economic turmoil and an occasionally absent prime minister: The (latest) UK political crisis explained

Oct 21, 2022 06:19 am UTC| Economy

Who is Liz Truss and how did she become prime minister? Liz Truss is both the leader of the Conservative Party and the nations political leader albeit not one put in place by the electorate. In early July 2022,...

Global recession looks likely

Oct 21, 2022 06:17 am UTC| Economy

Economics is confusing at the best of times. But, at the moment, its downright counter-intuitive. Inflation is at its highest in decades, and were feeling the pain of the lower real wages that brings. Meanwhile,...

Reviving the UK's textile industry could help replace fast fashion with homegrown clothes, but there are barriers

Oct 21, 2022 06:13 am UTC| Economy

The world has experienced massive disruption to supply chains in recent years as a result of the COVID pandemic and the war in Ukraine. This has restricted the availability of a wide array of goods, including essential...

Eider to release trekking boot with outsoles from Nexen tire byproducts

Oct 20, 2022 23:27 pm UTC| Nature Economy Business Life

South Korean outdoor brand Eider will offer trekking boots with outsoles from rubber byproducts during tire manufacturing in collaboration with Nexen Tire Corp. The tire byproducts retain the compound properties of a...

LG Uplus, Hyundai Elevator apply IoT technology for worker safety

Oct 20, 2022 23:27 pm UTC| Technology Economy Business

LG Uplus Corp. and Hyundai Elevator Co. distributed safety devices that use Internet of Things (IoT) technology to elevator installation workers. The new technology analyses whether employees correctly tie the chin...

Buzzer extends NBA and WNBA partnerships

Oct 20, 2022 23:26 pm UTC| Sports Economy Business

Buzzer has signed multi-year agreements to extend its distributorship for the NBA League Pass and WNBA League Pass out-of-market live game streaming services and provide pay-per-view (PPV) access to key game...

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Economy

Trump Announces 25% U.S. Tariff on Countries Doing Business With Iran

U.S. President Donald Trump announced on Monday that the United States will impose a sweeping 25% tariff on any country that continues to do business with Iran, significantly escalating Washingtons economic pressure on...

Global Smartphone Shipments Rise 2% in 2025 as Apple Leads Market, Outlook Weakens for 2026

Global smartphone shipments recorded a modest 2% year-on-year increase in 2025, signaling a gradual recovery for the mobile industry, according to a report released by Counterpoint Research. The growth was largely fueled...

Asian Currencies Hold Steady as Dollar Slips on Powell Investigation Concerns

Asian currencies traded mostly flat on Monday as the U.S. dollar weakened following news that the U.S. government had opened a criminal investigation involving Federal Reserve Chair Jerome Powell, raising fresh concerns...

Asian Stocks Edge Higher as Tech Shares Lead Gains Amid Global Uncertainty

Most Asian stock markets moved higher on Monday, led by gains in technology shares that followed a strong performance by U.S. peers, although overall advances remained limited due to rising geopolitical and macroeconomic...

Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure

Tensions between the White House and the U.S. Federal Reserve escalated sharply over the weekend after Federal Reserve Chair Jerome Powell revealed that the administration had allegedly threatened him with a criminal...

Politics

U.S. Plans $115 Million Counter-Drone Investment to Secure FIFA World Cup and Major National Events

The United States government has announced a $115 million investment in counter-drone measures aimed at strengthening security for major upcoming events, including the FIFA World Cup and Americas 250th Anniversary...

Zelenskiy Urges Global Support for Iranian Protests Amid Rising Tensions With Russia

Ukrainian President Volodymyr Zelenskiy has called on the international community to actively support the ongoing protests in Iran, describing them as a critical opportunity for change and freedom from a regime he says has...

Marine Le Pen Appeal Puts 2027 French Presidential Race in the Balance

Marine Le Pen, the prominent leader of Frances far-right National Rally (RN), has begun a decisive appeal in Paris that could determine whether she is eligible to run in the 2027 French presidential election. The legal...

South Korea’s Lee Jae Myung Seeks Diplomatic Balance in Japan Summit Amid China Tensions

South Korean President Lee Jae Myung is set to hold a summit with Japanese Prime Minister Sanae Takaichi on Tuesday in Nara City, highlighting Seouls ongoing effort to balance relations with its two key neighbours, Japan...

Australian Arts Festival Faces Author Boycott Amid Free Speech and Antisemitism Debate

A leading Australian arts festival has been thrown into turmoil after dozens of writers withdrew in protest over the decision to bar an Australian Palestinian author following the Bondi Beach mass shooting, reigniting a...

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

BESI Reports Strong Q4-25 Orders Surge Driven by Data Center and Hybrid Bonding Demand

BE Semiconductor Industries N.V. (Euronext: BESI), a leading Dutch semiconductor assembly equipment manufacturer, reported robust preliminary orders for the fourth quarter of 2025, underscoring strengthening demand across...

Trump Considers Starlink to Restore Internet Access in Iran Amid Protests

U.S. President Donald Trump said on Sunday that he is considering discussions with billionaire entrepreneur Elon Musk about restoring internet access in Iran, where authorities have imposed widespread blackouts amid...

Anthropic Launches HIPAA-Compliant Healthcare Tools for Claude AI Amid Growing Competition

Anthropic has announced the launch of a new suite of healthcare-focused tools integrated into its Claude AI chatbot, marking another significant step in the rapidly expanding use of artificial intelligence in medicine. The...

Elon Musk Says X Will Open-Source Its Algorithm Amid EU Scrutiny

Elon Musk announced on Saturday that X, the social media platform formerly known as Twitter, will publicly release its recommendation algorithm, including the full code behind organic content and advertising post...

China’s AI Sector Pushes to Close U.S. Tech Gap Amid Chipmaking Challenges

China is accelerating efforts to narrow its technological gap with the United States, driven by increased risk-taking, innovation, and strong policy support for artificial intelligence and semiconductors. Leading Chinese...
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