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Rupert Murdoch’s real-life succession drama is underway in a Nevada courtroom. What might happen next?

Sep 19, 2024 01:23 am UTC| Insights & Views Law

A unique court case is getting under way in Nevada this week. At stake is the future of the Murdoch empire. The case, which begins on September 17 local time, is scheduled to run (in secret) for two weeks, and sometime...

Elon Musk Confirms SpaceX Will Sue FAA Over Regulatory Overreach and Launch Violations

Sep 18, 2024 14:55 pm UTC| Business Technology Law

Elon Musk revealed that SpaceX will file a lawsuit against the FAA, accusing the agency of regulatory overreach. This follows the FAAs announcement of over $600,000 in penalties for violations during two 2023 SpaceX...

UAW Files Unfair Labor Charges Against Stellantis Over Alleged Contract Violations

Sep 17, 2024 15:18 pm UTC| Business Law Technology

The United Auto Workers (UAW) union filed unfair labor practice charges against Stellantis, claiming the automaker violated their 2023 labor contract by withholding information about future product plans and attempting to...

TikTok ban goes to the court: 5 essential reads on the case and its consequences

Sep 17, 2024 08:47 am UTC| Law

TikTok headed to court on Sept. 16, 2024, in a bid to overturn a law that would force the video app to divorce from its China-based parent company or be banned in the U.S. During the appearance before a panel of judges...

영국, 암호화폐 법적 명확성 제공... 새 법안에서 디지털 자산을 개인 재산으로 정의

Sep 13, 2024 04:36 am UTC| Digital Currency Law

영국이 9월 11일 도입한 획기적인 재산법(Property Bill)은 암호화폐와 NFT를 개인 재산으로 공식 분류하며, 디지털 자산 보유자들에게 법적 명확성을 제공하고 사기 방지 조치를 강화했다. 코인텔레그래프에 따르면, 영국 정부가 9월...

호주, 소셜 미디어 최소 연령 제한 계획 청소년 디지털 옹호자 반발

Sep 11, 2024 06:43 am UTC| Law

호주가 아동의 소셜 미디어 사용에 대해 정신적 및 신체적 건강 문제를 이유로 최소 연령 제한을 도입할 계획을 발표하면서, 이 조치가 위험한 온라인 활동을 은밀하게 유도할 수 있다는 경고와 함께 디지털 권리 옹호자들의 반발을...

구글, 27억 달러 EU 반독점 벌금 소송 패소

Sep 10, 2024 14:09 pm UTC| Business Law

브뤼셀(로이터) - 알파벳(Alphabet)의 구글(Google)이 7년 전 유럽연합(EU) 반독점 규제 당국으로부터 부과받은 24억 2천만 유로(27억 달러) 벌금에 대한 소송에서 화요일 패소했다. 이 벌금은 구글이 반경쟁적 행위로 인해 부과받은 세...

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Economy

UK Stocks Slide as Labour Leadership Tensions and U.S.-China Talks Shape Markets

British stocks closed lower on Friday as political uncertainty surrounding the U.K.s ruling Labour Party pressured investor sentiment and weakened the pound for a fourth straight session. The FTSE 100 dropped 0.61%, while...

Cuba Weighs $100M U.S. Aid Offer Amid Fuel Crisis

Cuba said Thursday it is open to considering a $100 million humanitarian aid proposal from the United States, though officials remain doubtful about President Donald Trumps broader intentions as the island struggles...

Asian Currencies Slide as Strong U.S. Data Boosts Dollar and Fed Rate Hike Expectations

Asian currencies weakened on Friday as stronger-than-expected U.S. economic data pushed the dollar higher and reinforced market expectations that the Federal Reserve could maintain a hawkish monetary policy stance through...

Japan Inflation Outlook: Firms Eye Summer Price Hikes Amid Rising Energy Costs

Japan could experience another wave of widespread price increases this summer as companies respond to surging energy costs linked to tensions in the Middle East, according to a Bank of Japan (BOJ) report released Friday....

US Expects China to Boost Purchases of American Farm Products After Trump-Xi Summit

The United States expects China to commit to purchasing double-digit billions worth of U.S. agricultural products following a high-level summit between President Donald Trump and Chinese President Xi Jinping in Beijing,...

Politics

Ukraine Begins Major POW Swap as 205 Soldiers Return from Russian Captivity

Ukraine has successfully brought home 205 service personnel from Russian captivity in the first phase of a large-scale prisoner exchange with Russia, President Volodymyr Zelenskiy confirmed on Friday. The operation marks a...

Matthew Wale Elected Solomon Islands Prime Minister After No-Confidence Vote

Matthew Wale has been elected as the new Prime Minister of the Solomon Islands after lawmakers voted out former leader Jeremiah Manele in a no-confidence motion last week. The Solomon Islands parliament selected Wale on...

Rubio Urges China to Release Jimmy Lai and Political Prisoners

U.S. Secretary of State Marco Rubio said the United States is seeking a positive response from China regarding repeated appeals for the release of jailed Hong Kong media tycoon Jimmy Lai and other political detainees....

US Hosts Israel-Lebanon Talks as Ceasefire Deadline Nears

The United States described the latest Israel-Lebanon talks in Washington as productive and positive as diplomats pushed to prevent renewed escalation ahead of a fragile ceasefire deadline. U.S. officials confirmed that...

Pentagon Halts Planned U.S. Troop Deployment to Poland Amid Europe Force Review

The Pentagon has reportedly canceled plans to temporarily deploy 4,000 U.S.-based troops to Poland, according to two U.S. officials, raising fresh concerns over the future of American military presence in Europe under...

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Applied Materials Forecasts Strong Q3 Revenue as AI Chip Demand Accelerates

Applied Materials posted record fiscal second-quarter revenue on Thursday and issued a stronger-than-expected forecast for the third quarter, fueled by rising global investment in artificial intelligence infrastructure and...

Anthropic Nears $30 Billion Funding Round at $900 Billion Valuation

AI startup Anthropic is reportedly close to securing a massive $30 billion fundraising deal that would value the company at approximately $900 billion, according to a Financial Times report published Friday. The new...

Nvidia’s China AI Chip Sales Remain Frozen Despite U.S. Approval

Nvidias efforts to expand AI chip sales in China remain stalled even after the U.S. approved several Chinese technology giants to purchase the companys H200 processors. Although around 10 Chinese firms, including Alibaba,...

Alibaba Stock Surges After Strong Q4 Earnings Boosted by AI and Cloud Growth

Alibaba Group Holding Ltd. (HK:9988) saw its Hong Kong-listed shares jump sharply on Thursday after the Chinese e-commerce and technology giant reported better-than-expected quarterly earnings driven by strong momentum in...

SoftBank Shares Slide Despite Record Q4 Profit Fueled by OpenAI Investment

SoftBank Group Corp. (TYO:9984) shares dropped sharply on Thursday despite the company reporting blockbuster fourth-quarter earnings, as investors grew increasingly concerned about the Japanese tech giants expanding...