Hyundai Motor to supply German truck company Enginius with hydrogen fuel-cell systems
Dec 13, 2022 07:04 am UTC| Nature Economy Business
Hyundai Motor Group inked a three-year deal to supply 1,100 hydrogen fuel-cell systems to Enginius, a German environment-friendly vehicle maker and a subsidiary of German carmaker Faun Group. Faun Group plans to begin...
Twitter relaunches Twitter Blue service at higher price
Dec 12, 2022 10:22 am UTC| Business Economy
Twitter is finally relaunching its paid subscription service called Twitter Blue. Based on the reports, it will be available again starting Monday, Dec. 12. However, as Twitter Blue returns, Apple users will have to pay...
Dec 12, 2022 09:55 am UTC| Business Economy
The Block, a crypto media site, and its chief executive officer, Michael McCaffrey, were revealed to have received funds from Sam Bankman-Frieds Alameda Research crypto trading company. However, the funding was said to...
Penguin Random House’s CEO steps down as deal to acquire Simon & Schuster collapses
Dec 12, 2022 09:18 am UTC| Business Economy
Penguin Random Houses chief executive officer, Markus Dohle, who has been leading the company since July 2013, stepped down from his role late last week. It was reported that he made the decision to resign after the U.S....
Juul Labs agrees to pay $1.2B to settle youth-vaping epidemic role claims
Dec 12, 2022 07:46 am UTC| Business Economy
Juul Labs electronic cigarette company is set to pay a whopping $1.2 billion to settle around 10,000 lawsuits wherein the company was accused of having a big role in the rampant spread of vape use among the youth in the...
US Pentagon awards Google, Amazon, Oracle up to $9 billion cloud deal
Dec 12, 2022 07:12 am UTC| Business Economy
Pentagon, the headquarters of the United States Department of Defense, revealed it has awarded cloud computing contracts to several major tech companies. It revealed last week that the combined deals are worth up to $9...
Korea Investment Corporation acquires stake in US' Golub Capital
Dec 12, 2022 07:12 am UTC| Business Economy
The Korea Investment Corporation (KIC) has expanded its partnership with Golub Capital LLC, a credit asset manager based in the United States, by acquiring a minority stake in the company. The deal will strengthen their...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects