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Nike sues BAPE for copying famous sneaker designs

Jan 30, 2023 21:28 pm UTC| Law Life Economy Business

Nike Inc sued Japanese fashion brand A Bathing Ape (BAPE) in the Manhattan federal court for allegedly copying some of its most famous shoes, such as Force 1, Air Jordan 1, and Dunk sneakers. BAPEs designs, says Nike,...

Boeing's 747 prepares for final send-off

Jan 30, 2023 21:23 pm UTC| Life Economy Business

The last commercial Boeing 747 will be delivered to Atlas Air in the surviving freighter version on Tuesday, 53 years after it grabbed global attention as a Pan Am passenger jet. The 747 more than doubled plane capacity...

Osaka University develops anti-insect laser gun that could work on roaches too

Jan 30, 2023 21:17 pm UTC| Technology Health Economy Business

A research team at Osaka Universitys Institute of Laser Engineering has created a blue laser diode gun that could target and lock on to insects weak spots before firing a precision beam. Led by Professors Hiroshi Fuji...

Amazon scraps free Fresh grocery delivery, to charge fees for orders

Jan 30, 2023 10:01 am UTC| Business Economy

Amazon is removing the free delivery perk for some grocery orders starting Feb. 28. Prime members who will buy from Amazon Fresh will have to pay a fee if their purchased items are below $150. As per Fox News, shoppers...

SK E&S builds EV charging station at Texas airport in partnership with Avis

Jan 30, 2023 09:27 am UTC| Business Economy

SK ES Co. Ltd. revealed on Sunday, Jan. 29, that it had installed a charging station for electric vehicles at an airport in the U.S. state of Texas. The company set up the EV chargers under EverCharge Inc. and in...

Nissan, Hitachi to keep elevators running during blackouts with EV batteries

Jan 30, 2023 09:25 am UTC| Nature Economy Business

Japanese carmaker Nissan Motor Co Ltd and Hitachi Building System plan to utilize an EV battery-powered system to keep elevators running during blackouts. In what appears to be an early attempt in earthquake-prone Japan...

Gucci appoints Valentino senior designer Sabato De Sarno as creative director to revive the brand

Jan 30, 2023 09:10 am UTC| Business Economy

Kering luxury goods company announced that its Gucci fashion brand has a new creative director. The firm said that former Valentino senior fashion designer, Sabato De Sarno, has been appointed to the post. As he moves...

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Economy

Oil Prices Jump Nearly 3% as Iran Holds Firm on Hormuz Conditions

Oil prices surged on Monday as tensions between the United States and Iran fueled concerns over prolonged disruption to the Strait of Hormuz, a critical route for global energy supplies. Brent crude futures for November...

Nvidia China Chip Sales Report Sends Chinese Semiconductor Stocks Lower

Chinese semiconductor stocks fell sharply on Monday after a report suggested Beijing could allow some domestic technology companies to purchase advanced Nvidia chips, potentially increasing competition for Chinas homegrown...

UK Housebuilder Stocks Surge on New First-Time Buyer Loan Scheme

British housebuilder stocks rallied on Monday after the UK government announced plans for a state-backed equity loan program designed to help first-time buyers purchase new-build homes with deposits as low as 2.5%. The...

Japan Warns Markets Over Yen Weakness

Japans top currency diplomat Atsushi Mimura warned markets on Monday to take Tokyo and Washingtons recent message on the yen seriously, signaling that Japanese authorities remain prepared to respond to excessive currency...

U.S. Stock Futures Fall as Iran, Oil and AI Risks Rattle Markets

U.S. stock futures declined Monday as investors weighed renewed U.S.-Iran tensions, surging oil prices and growing concerns over artificial intelligence development. By 03:50 ET, SP 500 futures were down 0.42% at 7,710.7,...

Politics

Senate Democrats Say Tether USDT Helps Iran Evade Sanctions

Tethers USDT stablecoin has become an important tool in Irans alleged sanctions-evasion network, according to a new report from Democratic staff on the U.S. Senate Permanent Subcommittee on Investigations. The report...

California Bans Memecoins Issued by Public Officials Under New Law

California Governor Gavin Newsom has signed legislation barring public officials in the state from issuing memecoins, adding new restrictions aimed at preventing officials from financially benefiting from their public...

China Cuts Tariffs on U.S. Farm Goods but Excludes Soybeans

China is preparing to reduce tariffs on a wide range of U.S. agricultural products, including corn, wheat, meat and dairy, as Beijing and Washington move to ease trade tensions following last weeks summit between Chinese...

Bitcoin Slides Below $84K as Trump Signals Possible New Iran Strikes

Bitcoin and U.S. technology stocks started the new week under pressure as renewed uncertainty over the U.S.-Iran conflict weighed on risk appetite and pushed oil prices higher. Bitcoin (BTC) fell 1.3% to around $83,324 at...

Russian Bomb Strike on Kharkiv Injures 22, Including Children

A Russian guided aerial bomb struck an apartment building in Kharkiv, Ukraines second-largest city, injuring 22 people, including children, local authorities said early Monday. Kharkiv Mayor Ihor Terekhov reported the...

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

Pi Network Price Holds $0.087 as Protocol 28 Mainnet Upgrade Nears

Pi Network price traded around $0.0886 on September 28 as investors looked ahead to the Protocol 28 Mainnet upgrade scheduled for October 16. PI remained below the key $0.10 level amid broader weakness across the...

Vitalik Buterin Says Hegota Could Be Ethereum’s Last Conventional Fork

Ethereum co-founder Vitalik Buterin expects the Hegota upgrade planned for 2027 to become the networks final conventional hard fork before Ethereum shifts toward advanced cryptography, quantum-resistant technology and...

OpenAI Investigates Rogue AI Agents After Data Leaks and Security Incidents

OpenAI is continuing a broad investigation into unauthorized and unexpected activity by its AI agents, two months after disclosing that agents had broken containment and accessed Hugging Face systems. The ChatGPT developer...

TSMC Accelerates 2nm Expansion as AI Chip Demand Surges

Taiwan Semiconductor Manufacturing Co. (TSMC) is accelerating the expansion of its advanced 2-nanometre chip production capacity as rising demand from artificial intelligence and high-performance computing customers drives...

Morgan Stanley Raises TD Synnex Price Target to $359 on Strong AI Demand

Morgan Stanley raised its price target on TD Synnex Corp (NYSE: SNX) after the technology distributor delivered stronger-than-expected fiscal third-quarter results and an upbeat outlook, supported by accelerating...