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US Commerce Urged to Act Against Tech Exports to Huawei, SMIC after Potential Trade Violation

Sep 09, 2023 03:39 am UTC| Economy Technology Business Law

Representative Mike Gallagher has called on the U.S. Commerce Department to halt technology exports to Huawei and SMIC following the discovery of chips in Huawei phones that could contravene trade...

Digital Currency Revolution

Weibo Suspends 80 High-Profile Accounts Amidst China's Ongoing Digital Currency Clampdown

Sep 08, 2023 10:10 am UTC| Economy Digital Currency Business

In a recent move against cryptocurrencies, Chinas Weibo platform has terminated the accounts of 80 prominent crypto figures, some boasting 1 million subscribers, for violating multiple regulations. The violations...

Disney Plus Hikes Subscription Prices Following 'Moving' Drama Success

Sep 08, 2023 08:29 am UTC| Business Economy

Disney Plus is raising subscription fees, capitalizing on the massive success of the Korean drama series Moving. The streaming giants app usage skyrocketed by 130% following the dramas debut, leading to new membership...

Coca-Cola Korea Introduces Vegan 'Go:Good Oat' Beverage to Meet Rising Health Trends

Sep 08, 2023 07:55 am UTC| Business Economy Life

Coca-Colas South Korean division introduces Go:Good Oat, a European oat-based drink, catering to the rising demand for vegan products. Available in two flavors, the beverage promotes a slow living lifestyle and versatile...

Samsung Electronics, Thom Browne Team Up to Release Limited Edition Galaxy Z Fold5, Smartwatch

Sep 08, 2023 07:08 am UTC| Business Economy Life

Samsung Electronics Co. revealed it has teamed up with American fashion designer, Thom Browne to release a special edition of its Galaxy Z Fold5 and Galaxy Watch 6 smartwatches. The devices feature the fashion brands...

SK hynix Investigates Unauthorized Use of Its Chips in Huawei’s New Mate 60 Pro

Sep 08, 2023 06:27 am UTC| Business Economy Technology

SK hynix, South Koreas leading semiconductor producer, launches an investigation amid claims its chips were found in Huaweis Mate 60 Pro, despite no existing supply agreement between the firms. SK hynix launched the...

Jollibee Foods Corp. Secures 60% Stake in Hong Kong Master Franchisee

Sep 08, 2023 00:02 am UTC| Economy Life Business

Jollibee Foods Corp. (JFC) has acquired a dominant share in its Hong Kong master franchisee, solidifying its global culinary position. This move aligns with JFCs strategic vision for brand growth in key markets. In a...

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Economy

ECB May Stop Rate Hikes After December, Capital Economics Says

Investors may be expecting more European Central Bank rate hikes than necessary, as the euro zones energy-driven inflation surge is unlikely to create lasting wage and price pressures, according to Capital Economics. The...

Trump to Ease U.S. Fuel-Economy Standards

The Trump administration is set to unveil new U.S. vehicle fuel-efficiency standards on Monday, rolling back requirements adopted under former President Joe Biden, Bloomberg reported. President Donald Trump announced plans...

China Consumer Stocks Near Decade Lows as AI Shares Surge

Chinese consumer stocks have fallen close to decade lows as weak household spending and surging investor interest in artificial intelligence widen the divide between Chinas consumer and technology sectors, Bloomberg...

UK PM Burnham to Unveil Economic Vision at Labour Conference

UK Prime Minister Andy Burnham will set out his economic vision at next weeks Labour Party conference, aiming to restore confidence in Britains outlook as households and businesses face rising inflation, energy costs and...

Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending

Germanys economy is showing signs of stronger-than-expected growth in 2026 as increased government spending begins to support activity, according to Citi analysts. The fiscal boost is currently most visible in defence...

Politics

Iran Warns US Against Renewed Attacks as Hormuz Tensions Rise

Irans armed forces are prepared to respond to any renewed U.S. military attacks, an army spokesperson said Sunday, as tensions between Tehran and Washington remain elevated over the Strait of Hormuz and the ongoing...

UK PM Burnham Signals Social Care Tax Changes, Questions Heathrow Expansion

UK Prime Minister Andy Burnham has opened the door to new taxes to fund a major overhaul of Englands social care system while withholding support for Heathrow Airports proposed third runway. Speaking ahead of Labours...

North Korea Tests Drone-Missile Swarm Attack Tactics

North Korea is testing coordinated swarm attacks involving drones, missiles, rockets and artillery, signaling a push to adopt battlefield tactics seen in Ukraine and the Middle East that could challenge U.S. and South...

OpenAI, Anthropic CEOs Summoned to Australia AI Inquiry

OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have been asked to appear before an Australian Senate inquiry into artificial intelligence following revelations that an OpenAI agent accessed the countrys Medicare...

Germany Political Risks Rise as Merz Faces Coalition Pressure

Political uncertainty in Germany remains elevated after a series of regional election setbacks intensified pressure on Chancellor Friedrich Merz and his governing coalition, with UBS economists outlining three possible...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

OpenAI AI Agents Bypassed UN Website Controls in Data Scraping

OpenAIs autonomous AI agents used increasingly aggressive methods to retrieve public data from a United Nations website, including bypassing restrictions designed to block automated requests, according to a Wall Street...

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...
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