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KG Mobility Unveils Torres EVX, Pioneering New Standards in Electric SUV Performance

Sep 21, 2023 08:29 am UTC| Economy Life Business

KG Mobility Corp. introduced its electric SUV, Torres EVX, boasting a powerful 207 horsepower motor, 433 km single-charge range, and innovative tech collaborations, poised to redefine the electric SUV market...

Digital Currency Revolution

UnionBank Gets BSP Green Light for Mobile Bitcoin Trading, a First for Philippine Banks

Sep 21, 2023 08:11 am UTC| Economy Digital Currency Business

UnionBank of the Philippines received a historic nod from the Bangko Sentral ng Pilipinas (BSP) to launch mobile cryptocurrency trading, becoming the nations premier bank to secure such a license. This advancement enhances...

Playboy Enters Ready-to-Drink Market with 'Play Hard' Vodka Seltzer

Sep 21, 2023 07:39 am UTC| Business Economy Life

Playboy evolves beyond its magazine roots, launching a vodka seltzer line, Play Hard. Available in supermarkets, the drink targets younger consumers with unique flavors and a modern, bold approach. According to Fox...

Shinsegae Reportedly Ousted E-Mart, Department Stores CEOs; Replaced Execs Amid Declining Sales

Sep 21, 2023 06:57 am UTC| Business Economy

Shinsegae Inc., the department store giant based in South Korea, reportedly removed nine chief executive officers who were managing its E-Mart and department store brands. They were replaced during a recent company...

Digital Currency Revolution

NFT Market Hits Major Snag: 95% of Tokens Valued at Zero, Reveals dappGambl Study

Sep 21, 2023 06:37 am UTC| Economy Digital Currency Business

A dappGambl study on over 73,000 NFTs reveals that 95% have a market cap of 0 ETH. With 79% of all collections remaining unsold, the study underscores the dramatic decline and risks of the once-booming NFT market, where...

Amazon Reveals Alexa's Generative AI Evolution for Enhanced Conversational Abilities

Sep 21, 2023 06:17 am UTC| Economy Technology Business

At Wednesdays devices event, Amazons Dave Limp showcased generative AI advancements, heralding a revolutionary conversational leap for Alexa. Features include a lets chat function, streamlining interactions, and refined...

Crayola Dives into Flower Business with 'Crayola Flowers,' Partners with Mrs. Bloom's

Sep 21, 2023 01:27 am UTC| Business Economy Life

Crayola is known worldwide as a crayon brand, and for over a hundred years, it has been used by school kids for writing or drawing. Now, the company is expanding its business to other categories, and it is an unexpected...

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Economy

U.S.–Taiwan Trade Deal Spurs $500 Billion Semiconductor Investment in America

A new U.S. trade deal with Taiwan is set to significantly reshape the global semiconductor landscape, with massive investments aimed at strengthening chip manufacturing in the United States. According to Commerce Secretary...

Dollar Holds Firm as Strong U.S. Data Dims Fed Rate Cut Hopes

The U.S. dollar remained resilient on Friday, positioning itself for a third consecutive weekly gain as stronger-than-expected U.S. economic data reduced market expectations for near-term Federal Reserve rate cuts. The...

IMF Chief Signals New $8.1 Billion Ukraine Aid Program After Surprise Kyiv Visit

International Monetary Fund Managing Director Kristalina Georgieva made a surprise visit to Kyiv on Thursday, signaling continued global financial support for Ukraine as the war with Russia drags on. Speaking to Reuters,...

Oil Prices Steady in Asia as Iran Tensions Ease and Venezuelan Supply Returns

Oil prices were mostly steady during Asian trading on Friday, following a sharp selloff in the previous session that erased most of the gains recorded earlier in the week. The stabilization in crude markets came as...

Wall Street Futures Steady as Tech Stocks Rally on TSMC Earnings, Banks Support Markets

U.S. stock index futures stabilized on Thursday evening after a strong rebound in technology stocks helped Wall Street snap a two-day losing streak. The recovery was driven largely by blockbuster earnings from Taiwan...

Politics

Schumer Urges Trump to Halt ICE Raids, Citing Fear in U.S. Cities

U.S. Senate Democratic Leader Chuck Schumer sharply criticized Immigration and Customs Enforcement operations during a meeting with President Donald Trump on Thursday, warning that ongoing ICE raids in major U.S. cities...

Trump Pushes Gaza Demilitarization Deal With Backing From Egypt, Turkey, and Qatar

U.S. President Donald Trump said on Thursday that Egypt, Turkey, and Qatar are backing his push for a comprehensive demilitarization agreement with Hamas, as Washington moves forward with the next phase of its plan to end...

Trump Backs Palestinian Technocratic Government to Lead Gaza Transition

U.S. President Donald Trump announced on Thursday that he is supporting the establishment of a newly appointed Palestinian Technocratic Government to oversee the administration of Gaza during a transitional period, a...

US Imposes 25% Tariff on High-End Semiconductors as Phase One Move

The United States government has announced a 25% national security tariff on certain high-end semiconductors, marking what officials describe as a phase one step in a broader strategy to protect and strengthen the domestic...

U.S. Warns All Options Remain on Table as Iran Protests Dominate U.N. Security Council Debate

The United States has reiterated its strong support for the brave people of Iran amid ongoing anti-government protests, warning that all options remain on the table to halt what it describes as a violent crackdown by...

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

Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement

Major publishing companies Hachette Book Group and Cengage Group have formally asked a California federal court for permission to intervene in a proposed class action lawsuit against Google, intensifying the ongoing legal...

China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO

Chinas artificial intelligence capabilities are rapidly catching up to those of the United States and other Western nations, according to Demis Hassabis, CEO of Google DeepMind. Speaking on a CNBC podcast, Hassabis said...

xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny

Elon Musks artificial intelligence company xAI announced new restrictions on its Grok AI chatbot after the platform generated sexualized and manipulated images that raised alarms among regulators worldwide. The move comes...

TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates

Taiwan Semiconductor Manufacturing Co (TSMC), the worlds largest contract chipmaker and a critical supplier to Nvidia and Apple, is expected to deliver a record-breaking fourth-quarter profit, driven by surging global...

U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China

U.S. lawmakers and former national security officials are voicing strong concerns over President Donald Trumps decision to allow Nvidia to resume sales of its advanced H200 artificial intelligence chips to China, warning...
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