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Nike's 3Q revenue wanes due to shipping, store issues

Mar 19, 2021 04:06 am UTC| Business

Nike Incs third-quarter revenue rose to $10.36 billion from $10.1 billion, missing analysts expectations of $11.02 billion, due to shipping issues and a slump at brick-and-mortar stores. Investors were also disappointed...

S. Korea's 5G mobile users to sue SK, LG, KT over poor network quality

Mar 19, 2021 01:49 am UTC| Business

South Koreas 5G smartphone users are suing the countrys three major telecom operators at least a million won per user for spotty connection and the poor quality of the latest generation network. As of Thursday, around...

The Launch of DogeDEX: A Decentralized Exchange for Dogecoin

Mar 19, 2021 00:33 am UTC| Business

image source Komodo launches DogeDEX A blockchain solutions provider, Komodo, has recently launched a peer-to-peer decentralized exchange for the Dogecoin. This exchange, named DogeDEX, will allow users to make...

US Real Estate Prices Still on the Rise in 2021

Mar 19, 2021 00:31 am UTC| Business

image source Considering all that happened in the past 15 months, one would expect the real estate market to crash. We say that in view of the fear of recession still lingering and the record high unemployment rates[1]....

Experts Forecast A Bright Future for Virtualization Industry

Mar 19, 2021 00:25 am UTC| Business

image source Businesses around the globe are clipping the extra hardware and space through virtualization. It helps them focus the resources on other aspects of their business. The state of virtualization is growing for...

Top bitcoin scams that you need to know as a bitcoin Investor

Mar 19, 2021 00:16 am UTC| Business

Bitcoin has been successful in attracting the attention of millions of people. According to recent research by the University of Cambridge that around more than 5 million cryptocurrency wallets were used in 2017, and most...

Hanwha to sell half of its Nikola stake to fund eco-friendly projects

Mar 18, 2021 23:57 pm UTC| Business

Hanwha Group plans to sell up to 11.1 million shares in US electric truck maker Nikola Corp or half of its stake over six months beginning June. Hanwha holds a 5.65 percent share in Nikola worth about US$180 million as...

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Economy

UAE Exits OAPEC Amid Shift Toward Independent Oil Strategy and Market Uncertainty

The United Arab Emirates (UAE) has officially exited the Organization of Arab Petroleum Exporting Countries (OAPEC), marking a major shift in its approach to global energy policy. The move was confirmed in a statement...

Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts

Chicago Federal Reserve President Austan Goolsbee has cautioned that recent inflation data presents a challenge for the U.S. central bank, reinforcing a cautious stance on potential interest rate cuts. Speaking in a recent...

Trump Rejects Iran Proposal as Tensions Persist Amid Fragile Ceasefire

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal for renewed talks, signaling continued deadlock in efforts to resolve the ongoing U.S.-Iran conflict. Despite a ceasefire reached on...

EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports

The European Commission signaled it is prepared to defend its economic interests after the United States threatened to impose new tariffs on European vehicles, raising concerns over a potential escalation in transatlantic...

Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease

U.S. stock market performance ended mixed on Friday, with major indices showing resilience despite ongoing geopolitical tensions and fluctuating oil prices. The SP 500 and Nasdaq Composite posted gains, while the Dow Jones...

Politics

Trump Signals Major U.S. Troop Reduction in Germany Amid NATO Tensions and Trade Disputes

U.S. President Donald Trump announced plans to significantly reduce the American military presence in Germany, going well beyond the previously proposed withdrawal of 5,000 troops. Speaking briefly to reporters before...

Peru Election Results Under Scrutiny as JNE Calls for Comprehensive IT Audit

Perus National Jury of Elections (JNE) has officially requested a comprehensive and exhaustive IT audit of the ongoing general election results, intensifying focus on transparency and electoral integrity in the country....

Trump Signals Possible Renewal of U.S. Strikes on Iran

U.S. President Donald Trump stated on Saturday that the United States could potentially resume military strikes on Iran, highlighting ongoing tensions between the two nations. Speaking to reporters in West Palm Beach,...

Kim Jong Un Highlights Youth Role in North Korea’s Military and Political Agenda

North Korean leader Kim Jong Un recently met with delegates from the ruling partys youth league congress in Pyongyang, reinforcing the governments focus on young people as a driving force behind national development and...

Russian Forces Advance Toward Kostiantynivka as Fighting Intensifies in Eastern Ukraine

Russian troops are steadily advancing toward the strategic city of Kostiantynivka in Ukraines eastern Donetsk region, signaling a renewed push to gain ground near one of Ukraines most heavily fortified defensive zones....

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

U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats

U.S. cybersecurity officials are exploring significantly shorter deadlines for fixing critical vulnerabilities in government IT systems, driven by growing concerns that hackers are leveraging advanced artificial...

Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue

Apple delivered a strong fiscal Q2 2026 performance, reporting record-breaking revenue and profit growth fueled by robust iPhone sales and expanding services. The tech giant posted earnings of $2.01 per share on $111.18...

FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case

The Chinese governments alleged hack-for-hire ecosystem is rapidly expanding and becoming increasingly difficult to control, according to a senior FBI official. Speaking on Thursday, FBI Assistant Director Brett Leatherman...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...