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Global corporate power is 'out of control', but reports of democracy’s death are greatly exaggerated

Sep 20, 2023 11:39 am UTC| Business

The past 40 years have seen massive expansion of the dominance of large corporations in the global economy. A wave of neoliberal reforms spread internationally from the 1980s with the promise that deregulated markets would...

Investing in Gold to Offset Market Risk? Think Again

Sep 20, 2023 11:27 am UTC| Business

After a 5-month period of strong equity growth, we are finally seeing a correction that corresponds to the current global uncertainty. China, which is the worlds second-largest importer, faces deflation concerns whilst...

IBM Launches Watsonx AI Platform at Seoul Tech Summit 2023; Collaboration with Hugging Face Announced

Sep 20, 2023 09:11 am UTC| Economy Business Technology

At the IBM Tech Summit Seoul 2023, IBM introduced its innovative Watsonx AI platform, designed to streamline generative AI integration for enterprises. Lee Eun-joo, IBM Koreas General Manager, emphasized delivering...

Digital Currency Revolution

Honda Motor Taps Animoca Brands for Partnership to Launch Formula 1 NFTs

Sep 20, 2023 08:58 am UTC| Business Digital Currency Investing

Honda Motor Co. Ltd. is set to launch Formula 1 NFTs in partnership with Animoca Brands Japan. The deal also includes the collaboration of the latter with Gryfyn and GET Protocol to gift both fans and participants with...

Google DeepMind's AlphaMissense Revolutionizes Genetic Mutation Predictions

Sep 20, 2023 08:44 am UTC| Economy Technology Health Business

Google DeepMinds AlphaMissense accurately assesses harmful genetic mutations, marking a transformative leap in rare disease research and potentially reshaping clinical practices for improved patient outcomes. On...

Starbucks Faces Lawsuit Over Lack of Real Fruit in 'Refresher' Beverages

Sep 20, 2023 08:39 am UTC| Business Economy

Starbucks Corporation has a new battle to face in court after a federal judge said this week that a lawsuit filed by customers could proceed. The suit is about a complaint that says the coffee chains Refresher fruit drinks...

Elon Musk Proposes Monthly Fee for Platform X, Sparking User Backlash, Advertiser Concerns

Sep 20, 2023 08:35 am UTC| Economy Life Technology Business

Elon Musks proposal for a monthly user fee on platform X faces severe backlash. The decision jeopardizes user engagement and raises doubts about the platforms sustainability and appeal to advertisers. During a recent...

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Economy

Japan’s Exports Surge 16.8% in January, Narrowing Trade Deficit Amid Import Decline

Japans exports rose sharply in January, marking a fifth consecutive month of growth and signaling continued resilience in the countrys external sector. According to data released Wednesday by Japans Ministry of Finance,...

Gold and Silver Prices Slide as Strong Dollar Weighs; Investors Eye Key U.S. Data

Gold and silver prices extended their losses on Tuesday as a stronger U.S. dollar pressured precious metals and investors turned cautious ahead of major U.S. economic data releases. Reduced trading activity during Chinas...

IMF Urges Japan to Continue Interest Rate Hikes and Avoid Consumption Tax Cuts

The International Monetary Fund (IMF) has urged Japan to continue raising interest rates and avoid further fiscal stimulus, warning that cutting the consumption tax could weaken the countrys ability to withstand future...

Asian Currencies Slip as Dollar Strengthens Ahead of Key U.S. Economic Data

Most Asian currencies weakened on Tuesday as Lunar New Year holidays across major regional markets led to thin trading volumes, while the U.S. dollar edged higher ahead of crucial economic data releases. With China, Hong...

Asian Markets Cautious Amid Lunar New Year Closures as Oil Prices Rise on U.S.-Iran Talks

Asian financial markets moved cautiously on Tuesday in thin Lunar New Year trading, while oil prices climbed ahead of renewed U.S.-Iran nuclear negotiations in Geneva. Several major regional exchanges, including mainland...

Politics

Zelenskiy Says Trump Pressuring Ukraine as Donbas Peace Talks Intensify

Ukrainian President Volodymyr Zelenskiy has raised concerns that U.S. President Donald Trump is placing excessive pressure on Ukraine to make concessions in ongoing peace negotiations aimed at ending the nearly four-year...

Medical Groups Sue FTC Over Gender-Affirming Care Investigations Amid Trump Policy Dispute

Two leading U.S. medical organizations have filed lawsuits against the Federal Trade Commission (FTC), alleging the agency launched unconstitutional investigations into their support of gender-affirming care for...

Randy Fine Faces Backlash Over Anti-Muslim Comments as Democrats Demand Accountability

Republican U.S. Representative Randy Fine is facing widespread criticism after making anti-Muslim comments that civil rights advocates and leading Democrats have condemned as Islamophobic and dangerous. The Florida...

U.S. Official Alleges China Conducted Low-Yield Nuclear Test at Lop Nor in 2020

A senior U.S. official has disclosed new allegations that China carried out an underground nuclear test at its Lop Nor test site in June 2020, raising fresh concerns about nuclear compliance and global arms control....

Ukraine-Russia Peace Talks Resume in Geneva as Trump Urges Swift Deal

Ukraine and Russia concluded the first of two days of U.S.-mediated peace talks in Geneva on Tuesday, as U.S. President Donald Trump called on Kyiv to move quickly toward a negotiated settlement to end the four-year war....

Science

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...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Stock Market Movers: NVIDIA and Meta Expand AI Partnership as Cadence Surges on Earnings

NVIDIA (NVDA) stock climbed 1.6% after the company announced a multiyear, multigenerational strategic partnership with Meta Platforms (META), which also gained 2%. The expanded agreement focuses on strengthening AI...

Hedge Funds Cut Nvidia, Amazon and Microsoft Stakes as AI Valuation Concerns Rise

Major hedge funds including Tiger Global Management and Adage Capital Partners reduced their exposure to leading AI stocks such as Nvidia, Amazon, and Microsoft in the fourth quarter of 2025, according to newly released...

India AI Impact Summit 2026: Global Tech CEOs Join World Leaders in New Delhi

Top executives from leading global AI companies are gathering in New Delhi this week alongside world leaders for the India AI Impact Summit 2026, as India accelerates efforts to attract artificial intelligence investment...

Ireland’s Data Protection Commission Launches GDPR Investigation Into X’s AI Chatbot Grok

Irelands Data Protection Commission (DPC) has opened a formal investigation into Xs AI chatbot, Grok, over concerns about personal data processing and the generation of harmful sexualised images, including manipulated...

Disney Issues Cease-and-Desist to ByteDance Over Alleged AI Copyright Infringement

Disney has sent a cease-and-desist letter to ByteDance, accusing the Chinese tech giant of using copyrighted Disney characters to train and power its Seedance 2.0 AI video generator without authorization, according to a...
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