Morgan Stanley to settle data breach lawsuit for $60M
Jan 03, 2022 06:53 am UTC| Business Economy
Morgan Stanley will be settling its data security lawsuit filed by its customers by agreeing to pay $60 million. The complainants said the investment banking company failed to properly pull out some of its outdated...
Little Caesars to add 33% more pepperoni on Hot-N-Ready pizza for additional 55 cents
Jan 03, 2022 06:49 am UTC| Economy Business Life
Little Caesars will include 33 percent more pepperoni to its signature Hot-N-Ready pizza, which would drive the cost from its longstanding $5 price point to $5.55. It is the first time since 1997 that the chain is...
Pakistan freezes over 1,064 bank accounts and cards of crypto traders
Dec 31, 2021 23:50 pm UTC| Digital Currency Business Economy
Pakistani authorities have seized 1,064 bank accounts and cards of cryptocurrency traders who have allegedly been transacting deals worth $288,000 through digital asset exchanges, according to the Pakistan...
SK Telecom tops 5G speed and coverage among S. Korea's carriers in 2021
Dec 31, 2021 23:46 pm UTC| Technology Economy Business
SK Telecom recorded 929.92 Mbps, rising 16.8 percent from 2020, to rank first among the three South Korean mobile carriers in terms of 5G speed and service areas in 2021. KT hit 762.5 Mbps to clinch second while LG U+...
POSCO International to expand EV parts production to Europe
Dec 31, 2021 23:41 pm UTC| Economy Business
POSCO International will establish a motor core plant in Poland or Slovakia, giving production bases in Asia, North America, and Europe. The company has factories in China and India, and recently finalized the...
SK Telecom's flying taxi service prepares for takeoff
Dec 31, 2021 23:21 pm UTC| Business Life Economy
SK Telecom will establish a joint venture with SK Square subsidiary T-Map Mobility to jump into the urban air mobility (UAM) business. The joint venture between SK Telecom and T-Map Mobility would create a synergy that...
S. Korea's OTT firms such as Coupang, CJ to boost original content, international sports offerings
Dec 31, 2021 23:17 pm UTC| Business Economy Life
South Koreas over-the-top (OTT) services companies, including Coupang Play, Waave, Watcha, and TVING, are expanding their original content production and securing the broadcasting rights of overseas sports games. CJ...
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