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Disney Plus delays S.Korea launch to work on response plans after Netflix's court loss

Jul 20, 2021 21:41 pm UTC| Economy Law

Disney Plus has pushed back its service launch in South Korea from September to the end of this year while assessing a Seoul court rulings impact against Netflix Inc. Last month, the Seoul Central District Court...

S. Korean lawmakers push ahead with legislation restricting Google's imposition of in-app billing system

Jul 20, 2021 21:19 pm UTC| Economy Law

South Korean lawmakers from the ruling Democratic Party pushed forward the proposed amendments to the Telecommunications Business Act restricting app market operators such as Google and Apple Inc. from unfairly using its...

Netflix appeals Seoul court's ruling over network usage fee

Jul 15, 2021 22:19 pm UTC| Economy Law Business

Netflix Inc. appealed the Seoul Central District Courts decision last month dismissing its request for confirmation that it is not liable to pay network usage fees to a local internet service provider (ISP) SK Broadband...

Facebook seeks FTC Chair Lina Khan's withdrawal in antitrust case

Jul 15, 2021 15:35 pm UTC| Economy Law Business

Facebook asked for the withdrawal of Federal Trade Commission (FTC) Chair Lina Khan from the FTCs antitrust case against it. Khan, who was sworn in as FTC chair in June, is a prominent critic of Big Tech. She worked...

WhatsApp agrees to put privacy policy on hold in India until data law is enacted

Jul 11, 2021 00:00 am UTC| Economy Law

WhatsApp told the Delhi high court that it will put on hold its new privacy policy until India enacts the proposed data protection law. The company also said it would not compel users to accept new terms, contrary to...

S. Korean business groups cry foul over 'ambiguous' workplace law that imprisons CEOs

Jul 09, 2021 23:55 pm UTC| Economy Business Law

Major South Korean business groups expressed concern over a supposed ambiguous workplace disaster law taking effect early next year that punishes CEOs, including by imprisonment, for serious workplace disasters. The...

Supreme Court strikes down California's nonprofit donor disclosure requirements: 4 questions answered

Jul 04, 2021 12:48 pm UTC| Law

The Supreme Court tossed out a California law requiring nonprofits to report their major donors to state officials. I n a 6-3 ruling, the court said the law, intended to fight fraud, subjected donors to potential...

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Economy

Asian Stocks Mixed in March 2026 Amid Iran War Fears and Tech Selloff

Asian equity markets closed out March 2026 on shaky ground, with most regional indexes posting significant monthly losses as the ongoing U.S.-Israel war on Iran rattled investor confidence and disrupted energy markets. A...

South Korea's $17.3 Billion Emergency Budget Targets Oil Price Surge

South Korea unveiled a sweeping supplementary budget worth $17.3 billion on Tuesday, aimed at shielding consumers and businesses from the economic fallout of a rapidly escalating conflict in the Middle East. The emergency...

China Manufacturing PMI Hits 12-Month High Amid Energy Price Concerns

Chinas factory sector expanded at its strongest pace in a year during March, offering a boost to an economy navigating global supply chain challenges and volatile energy markets. The official manufacturing Purchasing...

Dollar Surges to Nine-Month High as Middle East Tensions Drive Safe-Haven Demand

The U.S. dollar climbed to its strongest level since May last year on Monday, buoyed by growing geopolitical uncertainty in the Middle East. The U.S. Dollar Index, which measures the greenback against six major currencies,...

U.S. Stock Futures Surge After WSJ Report on Trump's Iran War Exit Strategy

U.S. stock index futures climbed sharply Monday evening, erasing earlier losses after the Wall Street Journal reported that President Donald Trump is weighing an end to the Iran conflict even if the Strait of Hormuz...

Politics

U.S. Senators Challenge FCC Chair Over Nexstar-Tegna Merger Approval

Two prominent U.S. Senators have raised serious concerns over the Federal Communications Commissions (FCC) recent decision to greenlight a major media merger. Republican Senator Ted Cruz and Democratic Senator Maria...

Trump Weighs Ending Iran Campaign With Strait of Hormuz Still Closed

President Donald Trump is reportedly open to halting U.S. military operations against Iran even if the Strait of Hormuz remains blocked, according to a Wall Street Journal report published Monday. The development marks a...

California's AI Executive Order Pushes Responsible Tech Use in State Contracts

California Governor Gavin Newsom signed a landmark executive order Monday, setting new standards for artificial intelligence governance in state contracting. The directive requires companies seeking government contracts to...

Iran Strikes Oil Tanker Near Dubai Amid U.S. Threats and Ongoing Middle East Conflict

Iran launched an attack on a fully loaded crude oil tanker off the coast of Dubai on Monday, setting the Kuwait-flagged vessel Al-Salmi ablaze in one of the most dramatic escalations since the United States and Israel...

WTO Ministerial Collapse Leaves Global Digital Trade Rules in Limbo

Four days of high-stakes trade negotiations in Yaoundé, Cameroon ended in deadlock during the early hours of Monday, as World Trade Organization member states failed to agree on a reform agenda or renew a...

Science

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...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Technology

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...
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