Instagram to allow posting of its NFTs on feed, story for free
May 10, 2022 23:46 pm UTC| Economy Business Digital Currency
Instagram will begin testing the implementation of non-fungible tokens (NFTs) on feeds with some artists allowed to share the digital collectibles on the social media platform with no associated fees for posting to help...
Best Buy expands biz to beauty, furniture, e-transportation products
May 10, 2022 09:53 am UTC| Business Economy
Best Buy is a retailer that is known for selling consumer electronic products such as mobile phones and television sets. Now it is expanding its business to include beauty gadgets, patio furniture, and e-transportation...
Renault sells Korean unit stake to China's Geely for new car development
May 10, 2022 09:07 am UTC| Business Economy
Renault, a French multinational automobile manufacturer, announced it would be selling some of its Korean unit stakes to Chinas Geely Holding Group, an automotive firm. The company is planning to unload a third of its...
Hyundai in talks to build its second EV plant in Georgia
May 10, 2022 08:50 am UTC| Business Economy
Hyundai Motor Co. revealed it is planning to build a new plant in the United States for its electric vehicle production. The South Korean automaker is currently in talks with the local government of Georgia state where the...
KakaoBank reportedly building ties with cryptocurrency exchange firms
May 10, 2022 07:38 am UTC| Business Economy
KakaoBank is mulling to get into the cryptocurrency business. Thus, it is reportedly forming ties with crypto exchanges for a possible partnership. The bank plans to enter the digital currency industry through this...
SK shieldus scraps IPO plan due to weak demand
May 10, 2022 07:12 am UTC| Business Economy
SK shieldus, one of the leading security companies in South Korea and operating under SK square Co., was revealed to have withdrawn its initial public offering (IPO) plan. The security solutions firm made the decision to...
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