Kakao Gets Approval to Acquire SM Entertainment Controlling Stake
May 02, 2024 08:56 am UTC| Business Entertainment
Kakao Group was granted permission to buy a controlling stake in SM Entertainment. This news comes as the Korean Fair Trade Commission said on Thursday, May 2, that it imposed two corrective measures to address its...
Anthropic Launches Claude AI App on iPhone to Rival OpenAI’s ChatGPT
May 02, 2024 08:21 am UTC| Business Technology
Anthropic PBC, an artificial intelligence startup established in 2021, announced on Wednesday, May 1, that it launched an iOS app for its Claude 3 AI chatbot or language models. The company also unveiled a new subscription...
May 02, 2024 07:16 am UTC| Business Law
In a significant legal turnaround, Bayer AGs Monsanto unit convinced a Washington state appeals court to overturn a $185 million jury award granted to three former teachers. These teachers had alleged that exposure to...
Comcast Drops Bally Sports Channels, Stops Broadcast of MLB Team Games
May 02, 2024 07:05 am UTC| Business
Comcast Corporation, a media conglomerate, was revealed to have pulled out Bally Sports regional channels from its broadcasting schedules. As a result, many fans lost access to their favorite Major League Baseball (MLB)...
KFC Japan Celebrates Children’s Day with Samurai Colonel Tradition
May 02, 2024 06:22 am UTC| Business
In a unique fusion of cultural celebration and brand identity, KFC Japan takes the lead in commemorating Japans Childrens Day in a rather distinctive manner. The fast-food chain, which first ventured into the Japanese...
Dongfeng Unveils High-Power Tesla Cybertruck Rival, Eyes Production in Italy
May 02, 2024 06:07 am UTC| Technology Business
At the Beijing Auto Show, Dongfeng Motor Group showcased a Cybertruck-inspired electric vehicle boasting an impressive 1,305 horsepower, signaling its ambitions to produce over 100,000 electrified cars annually in Italy....
Biden Administration Set to Finalize Stricter EV Tax Credit Rules
May 02, 2024 05:51 am UTC| Technology Law Business
The Biden administration is finalizing new electric vehicle tax credit rules, slashing the list of eligible models to just 13. This update, part of a broader effort to refine economic incentives before the election,...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects