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Seoul court rules Netflix should pay network usage fee

Jun 26, 2021 13:45 pm UTC| Economy Business Law

The Seoul Central District Court ruled that global video streaming giant Netflix should pay network usage fees to and negotiate with SK Broadband. Netflix had requested the court to confirm that it is not liable to pay...

S. Korea's Constitutional Court upholds law banning Tada

Jun 25, 2021 23:13 pm UTC| Economy Law Business

The Constitutional Court ruled that an amendment to the Passenger Transport Service Act that effectively suspended the operations of homegrown ride-hailing service Tada was ruled constitutional. The court said Tadas...

Supreme Court unanimously upholds religious liberty over LGBTQ rights -- and nods to a bigger win for conservatives ahead

Jun 20, 2021 12:08 pm UTC| Law Politics

It wasnt a dramatic expansion of religious rights not yet. But the Supreme Courts ruling in favor of a Catholic adoption agency that had been excluded from Philadelphias foster programs for refusing to work with same-sex...

Supreme Court: Cocoa slaves can’t sue US firms for lack of standing

Jun 18, 2021 15:08 pm UTC| Law Economy Business

The US Supreme Court ruled that Africans enslaved on cocoa farms have no right to sue chocolate processors in the US, such as Nestle and Cargill, reversing lower courts in a 15-year-old case. In an 8 to 1 decision, the...

Cannabis dispensary Budway ordered to pay sandwich chain Subway $32,000 for trademark infringement

Jun 17, 2021 08:46 am UTC| Law Economy Business

A US Federal Court has ordered Vancouver cannabis dispensary Budway to pay US$32,000 for infringing on the trademark of sandwich chain Subway through its logo and mascot. The Budway logo looks strikingly similar to...

Automakers go to trial to challenge Massachusetts' 'Right to Repair' law

Jun 16, 2021 09:33 am UTC| Economy Law Business

Trade group Alliance for Automotive Innovation, representing GM, Fiat Chrysler, and several other automakers took the witness stand to contest Massachusetts Right to Repair law requiring automakers to provide expanded...

Appeal court affirms $3 billion ruling for HP against Oracle

Jun 16, 2021 05:26 am UTC| Economy Law

The California Court of Appeal affirmed a 2016 verdict finding Oracle liable for $3 billion for violating agreements on settlement and software development with Hewlett-Packard Co. The 2010 settlement resolved a trade...

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Economy

Paul Atkins Emphasizes Global Regulatory Cooperation at Fintech Conference

Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), highlighted the growing importance of international regulatory cooperation during a fintech and regulation conference held in Brussels on Tuesday....

RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) raised interest rates by 25 basis points on Tuesday, lifting its benchmark cash rate to 3.85% from 3.65%, in a move that was widely anticipated by markets. The decision reflects the...

US–India Trade Turbocharge: Stocks Poised to Ride the Export Wave

The new US-India trade agreement highlights businesses with significant US market exposure by lowering duties to 18% on Indian exports and providing zero-tariff access for US products. Where US revenue shares vary from 10%...

Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs

Japans exports of agricultural, forestry and fishery products surged to a new all-time high in 2025, rising 12.8% year on year to 1.701 trillion yen (approximately $10.9 billion), according to the Ministry of Agriculture,...

China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order

China and Uruguay have reaffirmed their commitment to deeper cooperation, with Chinese President Xi Jinping calling on both countries to work together to promote an equal and orderly multipolar world and inclusive economic...

Politics

Trump Plans Call With Savannah Guthrie After Mother’s Disappearance, Federal Support Considered

U.S. President Donald Trump said Tuesday that he plans to personally reach out to NBC News anchor Savannah Guthrie following the disappearance of her 84-year-old mother, Nancy Guthrie, a case that authorities now believe...

UK and US Reaffirm Strategic Importance of Diego Garcia Base Amid Chagos Sovereignty Dispute

British Prime Minister Keir Starmer and U.S. President Donald Trump have reaffirmed the strategic importance of the U.S.-UK military air base on Diego Garcia in the Chagos Archipelago, committing to close cooperation to...

Trump, Petro Discuss Sanctions and Strengthening U.S.–Colombia Relations After Oval Office Meeting

U.S. President Donald Trump said on Tuesday that he is working on potential sanctions and other cooperative measures with Colombian President Gustavo Petro following a meeting between the two leaders at the White House....

Netanyahu Warns U.S. Envoy Iran Unlikely to Honor Nuclear Deal as Talks Resume

Israeli Prime Minister Benjamin Netanyahu has warned the United States that Iran is unlikely to honor any future nuclear agreement, as diplomatic efforts between Washington and Tehran are set to resume. Netanyahu conveyed...

Zelenskiy Awaits U.S. Response After Russian Strikes Damage Ukraine’s Energy Infrastructure

Ukrainian President Volodymyr Zelenskiy said Ukraine is waiting for a clear response from the United States following Russias latest overnight attacks that caused further damage to Ukrainian cities and critical energy...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence

Elon Musk announced on Monday that SpaceX has acquired his artificial intelligence startup xAI in a landmark deal that brings together his ambitions in space exploration and advanced AI technology. The acquisition combines...

Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services

Google Cloud, one of Alphabets fastest-growing divisions, has entered into a five-year strategic partnership with Liberty Global aimed at accelerating the adoption of artificial intelligence and cloud technologies across...

Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast

Palantir Technologies Inc (NASDAQ: PLTR) delivered a strong fourth-quarter earnings report, beating Wall Street expectations on both revenue and profit while issuing a significantly stronger-than-expected outlook for 2026....

Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report

OpenAI CEO Sam Altman has publicly reaffirmed the artificial intelligence companys strong relationship with NVIDIA Corporation (NASDAQ: NVDA), pushing back against recent reports suggesting dissatisfaction with the...

SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers

SoftBank Corp (TYO:9434) has announced a strategic collaboration between its subsidiary Saimemory and Intel Corporation (NASDAQ: INTC) to develop a new class of advanced memory chip technology aimed at powering the next...
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