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Toss Bank's AI Successfully Spots 600 Fake IDs in South Korea Within Six Months

Aug 16, 2023 11:27 am UTC| Business Economy

Toss Bank, one of the top three online banking service providers in South Korea, created an artificial intelligence system that can detect fake identification cards or documents. The company revealed it was able to spot at...

Indonesia Debuts State-Backed Crypto Exchange to Boost Transparency, Investor Safety

Aug 16, 2023 11:18 am UTC| Economy Digital Currency Investing Business

Indonesia launches a state-backed cryptocurrency exchange, partnering with leading private sector exchanges like Indodax, enhancing market transparency and safeguarding investors amid global crypto disruptions and local...

Occidental Petroleum Announces Acquisition of Carbon Engineering for $1.1B

Aug 16, 2023 10:52 am UTC| Business Economy

Occidental Petroleum, or OXY, an American oil and gas company, announced it will buy the Canadian startup that provides carbon capture technology, Carbon Engineering. OXY is acquiring the company in cash worth $1.1...

Ralph Lauren Investigated in Canada Over Alleged Forced Labor Links in Supply Chain

Aug 16, 2023 10:34 am UTC| Business Economy

Ralph Lauren, one of the most well-known American fashion brands, is being investigated in Canada. Based on the reports, the company was accused of using forced labor in its supply chain. According to CBC News, the...

Digital Currency Revolution

Islamic Coin: Pioneering Shariah-Compliant Crypto Launches with $400M Backing, Global Partnerships

Aug 16, 2023 10:05 am UTC| Economy Digital Currency Investing Business

Islamic Coin, a Shariah-compliant crypto, announces its September 1 launch. Backed by a staggering $400 million and strategic partnerships, the coin is shaking up traditional and Islamic finance worlds. In a major...

KFC Hires Taco Bell’s Marketing Exec to Be Its New CMO in UK

Aug 16, 2023 09:35 am UTC| Business Economy

KFCs United Kingdom and Ireland unit appointed former Taco Bell marketing director Monica Pool as its new chief marketing officer. She will officially join the company in the autumn of this year. KFC re-hired Pool since...

Starbucks Advances Sustainability with Reusable Cup Program in California Stores

Aug 16, 2023 09:33 am UTC| Economy Life Nature Business

Starbucks pioneers sustainability with a new reusable cup program at 12 Napa and Petaluma, California stores. This test, lasting till October 22, targets waste reduction and promotes the global brands eco-friendly...

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Economy

U.S.-Iran Tensions Escalate as Strait of Hormuz Crisis Disrupts Global Oil Markets

Geopolitical tensions between the United States and Iran continue to intensify, significantly impacting global energy markets and international diplomacy. U.S. naval forces recently intercepted a sanctioned vessel, the M/V...

Canadian Dollar Outlook: Resilient Performance Driven by Oil Prices and Market Dynamics

The Canadian dollar (CAD) has demonstrated notable resilience among G10 currencies in recent weeks, even as domestic economic data shows signs of softness. According to Goldman Sachs, this strength comes despite...

U.S.-Iran Conflict Stalls as Diplomatic Efforts Collapse and Global Oil Tensions Rise

Hopes for a diplomatic breakthrough in the ongoing U.S.-Israel conflict with Iran have faded as negotiations remain stalled, prolonging uncertainty in global markets and geopolitics. Efforts to end the two-month conflict...

U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases

The U.S. Treasury Department has imposed new sanctions on Hengli Petrochemical (Dalian) Refinery Co., a major Chinese independent refinery, over its large-scale purchases of Iranian crude oil and petroleum products. The...

US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market

The U.S. dollar edged lower on Friday as global investors shifted toward riskier assets, encouraged by renewed diplomatic signals between the United States and Iran. This movement in the forex market reflects growing...

Politics

Taiwan Minister Visits Eswatini Amid Airspace Dispute and China Pressure Claims

Taiwans Foreign Minister Lin Chia-lung has arrived in Eswatini, reaffirming Taipeis determination to expand its global presence despite alleged interference from China. His visit comes shortly after Taiwan accused Beijing...

Russian Drone and Missile Strikes Devastate Dnipro, Killing 10 and Injuring Dozens

Russian forces launched a series of intense drone and missile attacks on the southeastern Ukrainian city of Dnipro, killing at least 10 people and injuring dozens in one of the most prolonged assaults in recent months. The...

Ukraine Marks 40 Years Since Chornobyl Disaster Amid Ongoing War Risks

Ukraine is commemorating the 40th anniversary of the Chornobyl nuclear disaster under the shadow of continued conflict with Russia, raising fresh concerns about nuclear safety in the region. The 1986 explosion at reactor...

Palestinian Local Elections Resume in Gaza and West Bank Amid Low Turnout and Ongoing Crisis

Palestinians participated in local elections on Saturday, marking a significant political moment as voting extended to Gaza for the first time in nearly two decades. The inclusion of Deir al-Balah, a city in the Gaza...

Romania Condemns Russian Drone Incident as NATO Tensions Rise

Romania has recovered fragments of two drones following an overnight Russian attack on neighboring Ukraine, raising fresh concerns about regional security and NATO airspace violations. According to Romanias defense...

Science

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...

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...

Technology

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...

$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion

Related Digital, a major data center developer, announced on Friday that it has secured $16 billion in financing to support the construction of a large-scale data center campus in Michigan. This significant investment...

U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation

The U.S. State Department has launched a global diplomatic effort to highlight what it describes as large-scale intellectual property theft by Chinese artificial intelligence companies. According to a diplomatic cable...

DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window

DeepSeek has unveiled preview versions of its latest open-source artificial intelligence models, marking a significant step forward in AI performance and reasoning capabilities. The new releases, DeepSeek-V4-Pro and...

Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure

Amazon (NASDAQ: AMZN) shares climbed around 2% শুক্রবার morning after Meta revealed a major expansion of its partnership with Amazon Web Services (AWS), signaling strong momentum in the growing artificial intelligence...