Video of Malaysian police destroying 1,069 bitcoin mining rigs with a steamroller goes viral
Jul 20, 2021 05:19 am UTC| Economy Digital Currency
A video of Malaysian authorities crushing 1,069 bitcoin mining rigs worth $1.26 million using a steamroller in a parking lot at the police headquarters had gone viral. The video was posted last week by local Sarawak...
Tencent acquiring UK’s Sumo Group video game company for $1.3 billion
Jul 20, 2021 05:15 am UTC| Business Economy
Tencent Holdings, the Chinese multinational technology conglomerate holding company, is set to acquire Sumo Group, a British video game company. The deal is reportedly valued at 919 million or around $1.3...
Jul 19, 2021 23:51 pm UTC| Economy Sports
Japans major sporting goods makers, such as Asics, have mostly given up on plans to use the Tokyo Olympics to promote their brands due to the lack of spectators at most stadiums and worries about spreading the...
Japan to allow TV airwaves for 5G use
Jul 19, 2021 23:46 pm UTC| Economy Business
Japans communications ministry will launch a system that would allow live television broadcasts airwaves to be used for 5G ultrahigh-speed mobile communications. Live broadcast airwaves for sports, disasters, and other...
Posco collaborates with Doosan to develop ammonia-extracted hydrogen gas turbines
Jul 19, 2021 23:41 pm UTC| Economy Business
Posco and Doosan Heavy Industries Construction will jointly develop ammonia hydrogen extraction technology and the gas turbines that use the hydrogen as fuel. Under the memorandum of understanding signed online by the...
Nestle is permanently shutting down its plant in Ontario
Jul 19, 2021 10:33 am UTC| Business Economy
Nestle is shutting down another one of its overseas plants, and this time, its foodservice processing facility in Ontario. It was reported that the Trenton plant will officially cease operations in mid-2022. Reason for...
Korea’s Nexon recruits former Disney executive to be its VP and CSO
Jul 19, 2021 09:37 am UTC| Business Economy
Nexon, a South Korean game developer, has recruited Nick van Dyk, a former Walt Disney Company executive who worked with its Activision Blizzard Studios division. He is now part of Nexon as its vice president and chief...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects