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Elon Musk Proposes Monthly Fee for Platform X, Sparking User Backlash, Advertiser Concerns

Sep 20, 2023 08:35 am UTC| Economy Life Technology Business

Elon Musks proposal for a monthly user fee on platform X faces severe backlash. The decision jeopardizes user engagement and raises doubts about the platforms sustainability and appeal to advertisers. During a recent...

Volvo Confirms Phase Out of Diesel Vehicles, Ending Production in 2024 to Transition to All-Electic

Sep 20, 2023 07:55 am UTC| Business Economy Technology

Volvo Cars, a Swedish luxury vehicle maker, is putting an end to its production of diesel-powered cars. The company said the phasing out of this type of vehicle has been set for early 2024. Volvo Cars said on Tuesday,...

McDonald's to Debut at Disneyland Paris Resort in 2026, Reviving Historic Partnership

Sep 20, 2023 07:54 am UTC| Economy Life Business

Disneyland Paris Resort announces the 2026 return of McDonalds, reigniting a decades-old partnership. The move stirs excitement and nostalgia amid fans, sparking hopes for U.S. park reintroductions. This eagerly...

Naver Pay Expands to China, Integrates with Alipay Merchants Ahead of Asian Games

Sep 20, 2023 07:40 am UTC| Business Economy

Naver Pay, one of the leading mobile payment services in South Korea, is now available in China as well. The company said on Tuesday, Sept. 19, that customers who have the app will be able to use it in all Alipay merchants...

Westinghouse Appeals Ruling on South Korean Nuclear Export Case

Sep 20, 2023 07:35 am UTC| Economy Business

Westinghouse Electric Co. is appealing a court decision that dismissed its lawsuit against Korea Hydro Nuclear Power (KHNP) and Korea Electric Power Corp. (KEPCO) regarding nuclear plant exports. The case delves into...

Dongsuh Food Celebrates Global Icons Oreo and Ritz with Unique Flavors, Pop-Up in Seoul

Sep 20, 2023 07:00 am UTC| Economy Life Business

Dongsuh Food honors iconic Oreos 111th and Ritzs 90th anniversaries with fresh flavors and a pop-up store, highlighting the brands enduring global appeal and success in Korea. Oreo and Ritz have become staples on Korean...

Burger King, Coca-Cola Near Deal in India, Potentially Ending 10-Year PepsiCo Partnership

Sep 20, 2023 06:25 am UTC| Business Economy

Burger King is reportedly in talks with Coca-Cola Company for a tie-up deal in India. This means that the fast-food chain may soon be ending its ties with PepsiCo as its official beverage partner in the...

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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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