Cisco offers over $20 billion for Splunk takeover
Feb 14, 2022 09:18 am UTC| Business Economy
Cisco Systems Inc. reportedly made a huge bid to acquire Splunk Technology software company. The San Jose, California-headquartered tech firm was said to have recently made an offer amounting to more than $20 billion to...
Google, Netflix, LG Uplus fined in South Korea for unfair business practice
Feb 14, 2022 08:52 am UTC| Business Economy
Google, Netflix, and three other major companies were slapped with a fine by the South Korean antitrust watchdog. The Korea Fair Trade Commission (KFTC) said on Sunday, Feb. 13 that imposed a fine amounting to ₩19.5...
BMW granted a license to acquire majority share in its Chinese joint venture
Feb 14, 2022 07:20 am UTC| Business Economy
BMW Group just bolstered its business partnership in China after extending its joint venture contract until 2040. This was made possible after the Bayerische Motoren Werke AG German automaker was given a license to do...
Netflix dropping Marvel shows, ‘Daredevil,’ ‘Luke Cage,’ ‘The Punisher’ are leaving the platform
Feb 14, 2022 07:00 am UTC| Business Economy
Netflix, the American streaming platform, notified its subscribers that most of the Marvel shows and series are leaving. Hawk-eyed subscribers revealed seeing a message telling viewers that Luke Cage, The Punisher,...
McDonald’s Korea is raising menu prices this week as inflation bites
Feb 14, 2022 06:27 am UTC| Business Economy
McDonalds Korea is set to raise prices of food items, and the new rates are taking effect starting Feb. 17. The fast-food chain said that its move comes after other restaurants implemented price hikes not long...
Renault Samsung appoints Stephane Deblaise as CEO
Feb 14, 2022 06:19 am UTC| Business Economy
Renault Samsung announced late last week that it has appointed its new chief executive officer. The South Korean car manufacturer headquartered in Busan named Renault Groups former program director Stephane Deblaise as its...
Coca-Cola pledges 25% reusable packaging amid criticism for plastic pollution
Feb 14, 2022 03:03 am UTC| Economy Nature Business
The Coca-Cola Company is aiming to make 25 percent of its packaging globally to be reusable by 2030 after environmental groups have called it out for worldwide plastic pollution. Consumer, investor, and environmental...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects