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Fast-food chain Jack in the Box sues crypto exchange FTX for copying its mascot

Nov 08, 2021 15:54 pm UTC| Digital Currency Law Economy Business

Jack in the Box has sued cryptocurrency exchange FTX over its Moon Man mascot, which it alleges was brazenly and illegally copied and derived from its 70-year old mascot, Jack. The restaurant chain accuses FTX of...

Why the Taliban must be held accountable for past atrocities

Nov 06, 2021 08:03 am UTC| Insights & Views Law

In August, after Taliban rapidly swept to power in Afghanistan, its fighters executed 13 people from the Hazara minority in Daikundi province, where I was born. Amnesty International has said these extrajudicial killings...

Supreme Court appears to suggest right to guns at home extends to carrying them in public too

Nov 06, 2021 07:57 am UTC| Law

Faced with the question does the constitutional right to possess a gun extend outside the home? the majority of the Supreme Court appears to be heading toward the answer yes. On Nov. 3, 2012, justices heard oral...

Yahoo blames 'challenging business and legal environment' for China exit

Nov 03, 2021 09:12 am UTC| Law Economy Business

Yahoo stopped providing content for users in mainland China as of Nov. 1 due to the increasingly challenging business and legal environment, and directed users of Yahoo and AOL mail to other links. Chinese media...

S. Korea's ruling Democratic Party eyes postponement of virtual asset taxation

Nov 02, 2021 23:42 pm UTC| Law Digital Currency Economy

South Korea should postpone the planned virtual asset taxation to 2023 as there are no related laws regarding virtual assets, says Rep. Kim Byung-wook of South Koreas ruling Democratic Party (DP) The country plans to...

Law firms hasten formation of specialized NFT groups

Oct 31, 2021 23:44 pm UTC| Law Digital Currency

Law firms are establishing nonfungible token (NFT) groups or beefing up existing blockchain teams to address client needs on the rapidly growing technology. Among law firm clients are musicians and visual artists who...

S. Korean restauranteur probed by prosecutors for misusing customer info in contacting woman

Oct 31, 2021 23:43 pm UTC| Law Economy Business

Prosecutors are investigating a male restaurant owner in Asan for allegedly contacting a female customer after obtaining her phone number from the visitor register in violation of the Personal Information Protection...

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Economy

Gold Prices Post Worst Weekly Drop Since March as Strong Dollar and Fed Rate Hike Bets Pressure Metals

Gold prices tumbled sharply on Friday, recording their biggest weekly decline since mid-March as a stronger U.S. dollar and growing expectations of Federal Reserve rate hikes weighed heavily on the precious metals market....

Powell Named Fed Chair Pro Tempore as Trump Prepares to Install Kevin Warsh

The Federal Reserve Board announced Friday that Jerome Powell will serve as chair pro tempore until Kevin Warsh is officially sworn in as the next leader of the U.S. central bank. The move comes as President Donald Trump...

Dollar Surges as Fed Rate Hike Expectations Grow Amid Inflation and Global Bond Sell-Off

The U.S. dollar extended its rally for a fifth consecutive session on Friday, posting its strongest weekly performance in more than nine months as investors increased expectations for further Federal Reserve interest rate...

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...

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

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 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

FTC Antitrust Probe Targets Arm Holdings Over Chip Licensing Practices

Arm Holdings Plc (NASDAQ: ARM) is reportedly under formal investigation by the U.S. Federal Trade Commission (FTC) over concerns tied to its semiconductor licensing business, according to Bloomberg. The probe marks a...

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...
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