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LG CNS, XYZ Robotics Join Forces for Robot Logistics E-Commerce Business

Sep 18, 2023 08:41 am UTC| Business Investing

LG CNS Co. Ltd., the information technology services arm of LG Corporation, has signed a memorandum of understanding (MOU) with XYZ Robotics to jointly work on projects in the e-commerce logistics industry. Through the...

Digital Currency Revolution

Animoca Brands’ Darewise Subsidiary Unveils Bitcoin Metaverse Token

Sep 18, 2023 08:03 am UTC| Business Digital Currency Investing

Animoca Brands subsidiary, Darewise, revealed it has created a groundbreaking Bitcoin-based Metaverse token. The company was able to set this up through strategic collaboration with Horizen Labs, the same group that...

Digital Currency Revolution

NFL, YouTube Personalities Settle Lawsuit With Investors Over FTX Endorsement

Sep 18, 2023 07:06 am UTC| Business Digital Currency Investing

NFL and YouTube stars were sued by investors, alleging they had misled them through their endorsement of FTX. The investors apparently lost huge sums when the said crypt exchange firm collapsed last year. In the latest...

Digital Currency Revolution

SEC Slaps 'Stoner Cats' Featuring Ashton Kutcher, Mila Kunis with $1M Fine Over NFT Controversy

Sep 15, 2023 05:02 am UTC| Economy Law Digital Currency Business Investing

The Securities and Exchange Commission (SEC) penalized Stoner Cats 2 LLC $1 million for an unregistered NFT offering that raised over $8 million. This comes after the cartoon series Stoner Cats captivated many with its...

Digital Currency Revolution

Genesis Global Capital Halts All Crypto Services, Discontinues Trading Operations

Sep 15, 2023 04:33 am UTC| Business Digital Currency Investing

Genesis Global Capital, under the Digital Currency Group, declared an end to its crypto trading operations. In sync with this decision, the firm has ceased all related services. The move follows significant challenges,...

Arm's Nasdaq Debut Marks Strong Opening at $56, Gains Initial 10% Boost

Sep 15, 2023 04:09 am UTC| Economy Technology Business Investing

UK-based chip designer Arm celebrated its Nasdaq debut on Thursday, trading at around $56 per share, indicating a notable 10% surge that underscores investor faith. With this surge, the companys market capitalization...

Digital Currency Revolution

Three Arrows Capital Founders Banned from Financial Roles in Singapore for 9 Years

Sep 15, 2023 03:59 am UTC| Business Investing Digital Currency

Singapores crypto hedge fund, Three Arrows Capital co-founders Kyle Livingston Davies and Su Zhu, face a lengthy ban for violating national securities laws. The prohibition impacts their roles in financial firms. Davies...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Technology

Bitcoin Surges Over $63K Amid Revitalized ETF Interest

In a whirlwind of crypto markets, Bitcoin stormed past the $63,000 mark, fueled by renewed ETF activity. Ethereum mirrored the bullish sentiment, holding steady above $3,100. Solana, XRP, and Cardano followed suit, marking...

Tesla's Supercharger Shake-up Sparks Chaos: Suppliers in Limbo Over Email Directive

A turbulent email to suppliers reveals internal discord in the wake of Teslas sweeping Supercharger team termination. The abrupt restructuring has left projects in limbo, signaling potential operational turmoil within the...

US Loosens EV Battery Rules, Expands Tax Credit Eligibility Amid Controversy

Amidst escalating tensions over electric vehicle (E.V.) tax credits, the U.S. government has relaxed stringent regulations, potentially widening eligibility for tax credits up to $7,500. This move, aimed at accelerating...

SHIB, BONK, WIF's Sudden Price Jumps; What's Behind Them?

Recent surges in the cryptocurrency market have caught the attention of traders, particularly with tokens like Shiba Inu (SHIB), Bonk (BONK), and Dogwifhat (WIF) experiencing notable price hikes. Analysts attribute this...

Snowden Issues Final Bitcoin Warning, Takes Aim at Elon Musk and Puppy-Killing Politician

Edward Snowden, the famed whistleblower and advocate for privacy, sent shockwaves across social media platforms with his latest flurry of posts. Targeting Bitcoin developers, tech mogul Elon Musk, and South Dakota Governor...