Microsoft buys Clipchamp to boost its video-editing technology
Sep 08, 2021 09:34 am UTC| Business Economy
Microsoft revealed on Tuesday, Sept. 7, that it bought the video-editing software company called Clipchamp. The start-up owns a software that the public and people in the corporate world could use for editing...
Hulu to impose price hike on its on-demand plans next month
Sep 08, 2021 09:06 am UTC| Business Economy
Hulu is set to increase its prices after Disney+ and ESPN+ announced their own $1 rate hike not long ago. The brands are Hulus sister companies so it was not surprising when it also imposed a new increase on...
El Salvador purchases $21M bitcoin as it becomes a legal currency but its value immediately plunged
Sep 08, 2021 08:19 am UTC| Economy Digital Currency
El Salvador has become the first-ever country to adopt bitcoin as a legal tender and subsequently bought almost $21 million worth of the decentralized digital currency. The countrys president, Nayib Bukele, personally...
Motorola making a comeback in South Korea after 8 years
Sep 08, 2021 06:57 am UTC| Business Economy
Motorola is reportedly coming back to South Korea after leaving the market eight years ago. It was reported that it will be returning to fill the void left by the local smartphone maker LG Electronics after it pulled out...
Toyota investing $13.5B to establish electric vehicle battery tech biz
Sep 08, 2021 06:00 am UTC| Business Economy
Toyota revealed on Tuesday, Sept. 7, that it will be developing batteries for electric vehicles, and for this business, it will be investing around $13.5 billion. The Japanese automaker is hoping it will be able to set up...
Credit agency Moody's looking to hire crypto analyst with strong understanding of defi
Sep 08, 2021 00:14 am UTC| Digital Currency Economy
Credit rating agency Moodys is hiring a crypto-asset analyst who will leverage the research and development the Blockchain C4E team has put together. The role, which appeared on linkedin.coms employment listings,...
Hyundai Motor to make hydrogen cars as cheap as EVs by 2030
Sep 07, 2021 21:25 pm UTC| Economy Business
Hyundai Motor Group plans to make hydrogen vehicles as cheap as electric vehicles within 10 years under its new 20-year hydrogen vision. The automaker will cut the price of third-generation fuel cells by over 50 percent...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight