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Thu, May 02, 2024 06:04 AM All times are UTC

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Ford acquires Electriphi EV charging and energy management platform

Jun 18, 2021 08:16 am UTC| Business Economy

Ford Motor announced on Thursday that it acquired Electriphi, a company that provides charging management and monitoring software for electric vehicles. The purchase is said to have been made as the automakers goal is to...

Lotte predicted to pursue Yogiyo after losing to Shinsegae over eBay Korea acquisition

Jun 18, 2021 07:32 am UTC| Business Economy

Lotte Group may be going after Yogiyo now that reports are saying that Shinsegae and Naver consortium are the likely winners in the bid to buy eBay Korea. Since it is on the losing side, industry observers believe the...

Kakao gearing up for the August debut of its new subscription-based content platform

Jun 18, 2021 07:15 am UTC| Business Economy

Kakao is reportedly launching its newest subscription-based content platform. The company is said to be bringing out the platform in August and currently, it is being tested. What the Kakaos new content platform is...

Baidu to make thousands of robotaxis for a driverless service in China

Jun 18, 2021 07:07 am UTC| Business Economy

Baidu, a Chinese multinational tech firm specializing in Internet-related services and artificial intelligence, wants to put its Apollo robotaxis on the roads in China by 2023. The company also pledged to produce 1,000...

Yoshinoya test runs delivering its beef bowls via drone

Jun 17, 2021 19:19 pm UTC| Economy Business

Fast-food chain operator Yoshinoya Co. has successfully tested a drone service to deliver its gyudon beef-on-rice dishes to customers. In a flight demonstration, Yoshinoya staff cooked up gyudon dishes for four people,...

S. Korea negotiating with Spain on putting up travel bubble

Jun 17, 2021 18:35 pm UTC| Economy Business

S. Korea considers opening travel bubble with Spain South Korea may set up a travel bubble with Spain if an agreement for quarantine-free travel between the two nations is reached, says Culture Minister Hwang...

E & J Gallo to build $423 million production, distribution facility in South Carolina

Jun 17, 2021 17:07 pm UTC| Economy Business

E J Gallo Winery will invest $423 million in building a new production, bottling, and canning facility and distribution center in Chester County, South Carolina that could create 496 jobs over the next eight years. The...

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Economy

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...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks

The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Military conscription is returning to Europe, but is it really a more equal way of mobilising? What history tells us

The idea that conscription, defined as the compulsory enlistment of citizens for military service, can increase equality and instil a sense of solidarity that transcends traditional societal divides has echoed throughout...

The 50th anniversary of Portugal’s Carnation Revolution

Across Portugal, a number of photography exhibitions are currently on display that commemorate the ousting of the Estado Novo, the dictatorial, authoritarian and corporatist political regime that had ruled the country...

Science

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,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

Biden Administration Set to Finalize Stricter EV Tax Credit Rules

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,...

Zeus Network Set to Launch Solana to Bitcoin Bridge in Q3 2024

Zeus Network has announced the launch of Zeus Program Library (ZPL) by Q3 2024, a pioneering bridge designed to connect and enhance asset transfer between the Solana and Bitcoin ecosystems, offering broad applications in...

Bitcoin Dips 4% Below Cost, Stirs Panic Among Short-Term Investors

In a startling decline, Bitcoin plummeted 4% below its average purchase price, sparking potential panic among short-term holders, who, according to analyst James Check, are now facing a 3% unrealized loss. Recent...

Google Axes 200 ‘Core’ Workers, Transfers Jobs to India and Mexico Amid Restructuring

Google LLC is reducing its workforce again in its latest restructuring efforts. The tech company announced it would axe at least 200 staff from its core teams. According to CNBC, this core unit is responsible for...

Analyst Sees Shiba Inu Hitting $0.00007 Despite Major Token Dump

A Shiba Inu whale recently dumped massive SHIB tokens on Coinbase, one of the worlds top cryptocurrency exchanges. The enormous volume of SHIB offloaded quickly sparked a gloomy feeling among crypto market aficionados...