Memphis Meats changes name to Upside Foods as it prepares to roll out lab-grown chicken
May 13, 2021 23:06 pm UTC| Economy Business
Memphis Meats has changed its name to Upside Foods as it prepares to bring its cell-cultured chicken product to market by the end of this year. The product is pending regulatory approval. That would likely be the first...
Bitcoin plunges 12% after Tesla announced it would refuse it as payment
May 13, 2021 23:02 pm UTC| Economy Business
The price of bitcoin plunged around 12 percent early Thursday morning to about $50,900 after Tesla CEO Elon Musk announced that his company was abandoning plans to accept the cryptocurrency as payment for electric...
Real estate investors in S. Korea shift towards logistics clusters, and away from Seoul
May 13, 2021 22:56 pm UTC| Economy Business
Real estate investors searching for deals in South Korea were seen shifting from Seoul to logistics cluster cities such as Incheon and Yongin in the first quarter of 2021 due to changing investor preferences during the...
Samsung, LG agreed to paid COVID-19 vaccine leave for employees
May 13, 2021 10:00 am UTC| Business Economy
Samsung and LG have reportedly agreed to offer paid leave for their employees who received the COVID-19 vaccination. The news was revealed on Wednesday, May 12. The paid leave for workers in S. Korea As per Yonhap...
KFC to unveil new look with newly-designed packaging
May 13, 2021 09:14 am UTC| Business Economy
KFC or Kentucky Fried Chicken will be unveiling its new packaging to give itself a bit of makeover. The world-famous fried chicken restaurant chain stated that the packing is an upgrade to modernize the companys...
Samsung Biologics refutes reports of Pfizer vaccine production
May 13, 2021 09:12 am UTC| Business Economy
Samsung Biologics contradicted reports that it will be producing Pfizers coronavirus vaccine. There were news going around saying the South Korean biotechnology company headquartered in Incheon is set to start the...
Xiaomi removed from US government blacklist
May 13, 2021 07:47 am UTC| Business Economy
Xiaomi was included in the U.S. governments blacklist last year during Donald Trumps leadership. The Chinese electronics company suffered big losses after it was banned in the country. Trumps administration cited...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects