eBay acquires NFT marketplace startup KnownOrigin
Jun 24, 2022 10:25 am UTC| Business Economy Technology
eBay bought UK-based NFT marketplace KnownOrigin, which raised $3.5 million in February, for an undisclosed sum. KnownOrigin has amassed an impressive, ardent, and devoted group of artists and collectors, which are a...
Netflix terminates 300 staff as the company continues to underperform
Jun 24, 2022 10:01 am UTC| Business Economy
Netflix, an American subscription streaming service and production company, will be reducing its staff through job cuts, and this was revealed this week. It was reported that it would terminate a total of 300 employees...
SpaceX’s Starlink to enter the Korean market next year
Jun 24, 2022 09:36 am UTC| Business Economy
Starlink is coming soon to South Korea, and SpaceX is planning to launch it in the country next year. However, it was reported that there were mixed reactions when the announcement was released. According to The Korea...
Coca-Cola vending machine stocked with sports drink praised for taking measures for workers
Jun 24, 2022 09:25 am UTC| Life Economy Business
A Coca-Cola branded vending machine at a construction site in Japan stocked only with a grapefruit-flavored sports drink, Aquarius, is getting a lot of praise for addressing the needs of workers and for its low...
Burger King Japan swapping out French fries for crunchy ramen noodles
Jun 24, 2022 09:10 am UTC| Life Economy Business
Some customers arent too thrilled with what Burger King calls the almost-potato set meal, which includes a burger, a drink, and a side of crunchy ramen noodles. One customer said hed rather go to McDonalds than settle...
GM to launch GMC models in South Korea
Jun 24, 2022 09:06 am UTC| Business Economy
General Motors is bringing the GMC brand to South Korea, and as it enters the market, the first model to be introduced is called the Sierra Denali. The Korean unit of the Detroit, Michigan-based automaker said that the new...
JPMorgan begins laying off mortgage unit employees as rates surge while homebuying demand slows
Jun 24, 2022 07:51 am UTC| Business Economy
JPMorgan Chase Co. is reducing the size of its workforce and reportedly terminating hundreds of staff in its mortgage division. Others who will be able to dodge the layoff will be reassigned to other units this week, and...
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