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Google: Korea’s FTC to reveal decision concerning the company’s alleged market exploitation over Android use

Aug 06, 2021 09:28 am UTC| Business Economy

Google was accused of market exploitation in connection with Android use in South Korea, and the countrys Fair Trade Commission is set to make a decision for this case. It was reported that the agency will be holding a...

Levi Strauss announces acquisition of Beyond Yoga as it expands to athletic wear business

Aug 06, 2021 08:40 am UTC| Business Economy

Levi Strauss Co., the American clothing company, known around the world for its Levis brand of denim jeans, revealed on Thursday, Aug. 5, that it will be acquiring Beyond Yoga, the apparel maker that produces athletic...

Apple planning to add software on iPhones that detect child abuse images to curb sexual abuse

Aug 06, 2021 08:00 am UTC| Business Economy

Apple Inc. revealed on Thursday, Aug. 5, that it has developed a system that can check pictures on iPhones. It was explained that this will be implemented in the United States to help in the prevention of child sexual...

Nintendo Switch’s quarterly sales drop as demand for the console weakens

Aug 06, 2021 07:37 am UTC| Business Economy

Nintendo Co. Ltd. reported a drop in sales for the first quarter of this year. It was said that this was due to the fact that the demand for its Switch console has dwindled. According to Reuters, Nintendo shared on...

Millions of dehumidifiers including Whirlpool, Haier recalled over fire and burn hazards

Aug 06, 2021 06:23 am UTC| Business Economy

A new recall notice was issued by the U.S. Consumer Product Safety Commission concerning dehumidifiers. It was reported that around two million units of almost two dozen brands have been recalled due to potential...

Chinese state-owned carmaker FAW gearing up to compete in the Japanese market

Aug 05, 2021 23:55 pm UTC| Economy Business

Chinese state-owned automaker China FAW Group Corp. has released the Hongqi H9 sedan in Japan in gas-powered and hybrid versions to make inroads in the countrys unconquerable market. According to an import agency, 10...

Sony upgrades net profit forecast on strong Q1 performance

Aug 05, 2021 23:55 pm UTC| Economy Business

The Sony Group upgraded its full-year net profit forecast from its earlier estimate of 660 billion yen to 700 billion yen or $6.4 billion on the back of strong second-quarter performance that offset a first-quarter profit...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Bitfinex CTO Deems Database Breach Claims 'Fake' Amidst Hacker Allegations

Bitfinexs Chief Technology Officer Paolo Ardoino has cast doubts on claims of a database breach by hacker organization FSOCIETY, branding the allegations as fake. Ardoino refuted the purported leak of 22,500 user emails...

Walmart Spotted with Tesla Semi in California as True Launch Date Revealed

Walmarts adoption of a Tesla Semi hit the California highways, signaling the electric trucks expanding reach. The sighting follows Teslas revelation of a late 2025 and early 2026 launch window for the highly anticipated...

Altcoin Market Rally Predicted, Analysts Forecast $4 Trillion Market Cap Surge

Analysts are predicting a substantial rally in the altcoin market, with projections indicating a surge that could drive the market cap to an impressive $4 trillion. This optimistic outlook is supported by positive economic...

Shiba Inu's Remarkable 12% Surge Fueled by Record SHIB Burns, Community Momentum

Shiba Inus ascent reaches new heights as the cryptocurrency experiences a remarkable 12% surge, fueled by record-breaking SHIB burns. The surge reflects robust community engagement and underscores the dynamic nature of the...
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