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Qualcomm Unveils AI-Infused Chips, Boosting Post-Slump Performance

Feb 01, 2024 03:17 am UTC| Business Technology

Qualcomm has announced optimistic financial projections, projecting second-quarter earnings that slightly surpass Wall Streets predictions, supported by its innovative lineup of AI-integrated chips. This buoyancy arises as...

Walmart Unveils US Investment Plan to Build New Stores, Create New Jobs

Feb 01, 2024 03:07 am UTC| Business

Walmart Inc. announced that it is planning to make fresh investments starting this year to build more stores or transform the existing 150 locations in the next five years. It will also continue to remodel stores while...

Judge Rules Against Disney in First Amendment Lawsuit with Florida Governor

Feb 01, 2024 03:03 am UTC| Business Law

A legal battle that captured national attention has reached a critical junction as a U.S. judge has ruled against The Walt Disney Company in a clash with Florida Governor Ron DeSantis. The dispute arose over Disneys take...

Adidas Braces for Impact but Remains Hopeful Amid Headwinds

Feb 01, 2024 02:49 am UTC| Business

Adidas AG is preparing for a challenging year, foreseeing a hit to its profit margins primarily due to tough currency exchange conditions. However, the sports apparel giant is determined to soften the blow by offloading...

What Are Some Common Causes of Mesothelioma?

Jan 31, 2024 11:05 am UTC| Business

In the past century, millions of hard-working Americans were exposed to asbestos. This material was used as a fire-retardant insulator in many industrial, commercial, and manufacturing settings. The fibers from asbestos...

Mom's Touch Slapped With ₩300M for Alleged Abuse on Franchisee

Jan 31, 2024 10:03 am UTC| Business

Moms Touch is in hot water after it was accused of abusing one of its franchisees, who is operating a branch in Sangdo Station. On Wednesday, Jan. 31, South Koreas Fair Trade Commission sided with the victim after imposing...

Lotte Wellfood Unveils $25M Investment to Setup Pepero Production in India

Jan 31, 2024 09:18 am UTC| Business

Lotte Wellfood Co., Ltd., formerly known as Lotte Confectionery, revealed it will expand its production line to India. The company will set up its facility in Haryana, North Indian state, and open its first overseas...

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Economy

IMF Warns Middle East War to Deepen Economic Divide Across Latin America and Caribbean

The ongoing Middle East conflict is expected to widen economic inequality across Latin America and the Caribbean, according to the International Monetary Fund. While oil-exporting nations stand to gain short-term...

Asian Currencies Hold Steady Amid Iran Peace Talks and BOJ Rate Hike Uncertainty

Asian currencies traded in a narrow range on Friday as investors remained cautious ahead of further U.S.-Iran peace negotiations, while the Japanese yen slipped after the Bank of Japans governor signaled little urgency to...

South Korea's Capital Markets Rebound as Foreign Investors Return

South Koreas financial markets are staging a powerful comeback, drawing foreign investors back after a turbulent March that saw billions in capital flee. A combination of easing Middle East tensions, surging demand for AI...

U.S. and Philippines to Build 4,000-Acre Tech Hub Under Pax Silica Initiative

The United States and the Philippines are set to develop a massive 4,000-acre (1,620 hectares) industrial hub as part of a growing Washington-led effort to secure global AI and semiconductor supply chains. The announcement...

Singapore's Non-Oil Domestic Exports Surge 15.3% in March 2026 on AI Demand

Singapores non-oil domestic exports (NODX) posted a remarkable 15.3% year-on-year increase in March 2026, marking the seventh consecutive month of growth, according to Enterprise Singapore. The strong performance was...

Politics

Iran Reopens Strait of Hormuz Amid Fragile Ceasefire and Ongoing Nuclear Tensions

Iran has temporarily reopened the Strait of Hormuz to commercial shipping following a U.S.-brokered ceasefire between Israel and Lebanon, sparking cautious optimism in global markets. However, Tehran issued a stark warning...

Trump Teases Imminent Release of UFO Documents After Government Review

President Donald Trump announced Friday that his administrations review of classified UFO-related materials has uncovered a number of interesting documents, with the first batch expected to be made public very soon....

South Korea Denies U.S. Intelligence Restrictions Over North Korean Nuclear Site Disclosure

South Koreas Unification Ministry stated Friday it has no knowledge of any formal U.S. protest or intelligence-sharing restrictions, following media reports suggesting Washington expressed frustration over a cabinet...

Peru Election 2025: Vote Count Delays Spark Calls to Remove Electoral Chief

Pressure is mounting on Perus electoral authority amid a slow and controversial vote count following the April 12 presidential election. Piero Corvetto, head of the National Office of Electoral Processes (ONPE), is facing...

House Republicans Near Deal on FISA Extension with Limited Reforms

Republican House leadership is reportedly moving closer to reaching an agreement on extending the Foreign Intelligence Surveillance Act (FISA), with a package of modest reforms attached. According to Politico, four...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...

TSMC Posts Record Q1 Profit Fueled by AI Chip Demand

Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the worlds largest contract chipmaker, delivered a record-breaking first-quarter profit in 2026, surpassing analyst expectations as artificial intelligence continues...