Coca-Cola nears acquisition of controlling stake in Kobe Bryant-backed sports drink BodyArmor
Oct 30, 2021 23:22 pm UTC| Sports Economy Business
Coca-Cola is nearing a deal to buy a controlling stake in sports drink maker BodyArmor for $8 billion, which could be announced as early as Monday. The late basketball icon Kobe Bryant was among BodyArmors earliest...
Crypto mining expected to pour $1.5 billion into Kazakhstan's economy in 5 years
Oct 30, 2021 23:21 pm UTC| Digital Currency Economy Business
The leading organization for crypto miners in Kazakhstan has projected that they can pour $1.5 billion into the nations economy over the next five years, resulting in over $300 million in tax revenue. The National...
BTS’ agency warns of legal action against Army Coin's agency
Oct 30, 2021 23:21 pm UTC| Law Digital Currency Economy
Hybe, the K-pop corporation behind BTS, denied any connections with a cryptocurrency called Army Coin and warned of legal action against it for infringement. Army Coin has been listed on Bitget, a crypto exchange...
S. Korean watchdog proposes Facebook pay 300,000 won per victim over personal data breach
Oct 30, 2021 15:57 pm UTC| Law Economy Technology
The South Korean watchdog on personal information protection proposed that Facebook pay 300,000 won in compensation to each of 181 users over breach of their data. The Personal Information Protection Commission (PIPC)...
Disney to drop environment-friendly Pixar, Marvel, Star Wars NFTs via Veve app
Oct 30, 2021 14:54 pm UTC| Digital Currency Nature Economy
The Walt Disney Company will launch environment-friendly non-fungible token (NFT) collectibles from Disney Pixar, Marvel, Star Wars, and more via the Veve app on November 12 to celebrate the first annual Disney+ Day....
France tests central bank digital currency targeting debt market
Oct 30, 2021 13:02 pm UTC| Digital Currency Economy
Banque de France is about to complete a 10-month central bank digital currency (CBDC) testing experiment for its government bond deals with over 500 participating institutions. IBMs global director of financial markets,...
Seoul to replace gas-powered delivery motorcycles with electric models
Oct 30, 2021 07:34 am UTC| Nature Economy
Seoul will replace all 215,000 combustion engine delivery motorbikes and old diesel-fueled parcel trucks with electric models by 2025 in cooperation with the central government and related industries. There are 215,000...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects