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AMD Sets Sights on Nvidia with Acquisition of AI Startup Nod.ai

Oct 11, 2023 08:58 am UTC| Economy Technology Business

Advanced Micro Devices (AMD) has revealed its strategic move to acquire artificial intelligence (AI) startup Nod.ai, highlighting a shift in its software-centric approach to challenge leading chipmaker Nvidia. Investing...

KakaoBank Enters Southeast Asia, Acquires 10% Stake in PT Super Bank Indonesia

Oct 11, 2023 08:38 am UTC| Business Economy Technology

KakaoBank, a South Korean digital banking giant, has marked its initial venture into Southeast Asia by acquiring a stake in Indonesias PT Super Bank. According to The Korea Times, KakaoBank is buying a 10% stake in the...

Nike Releases Mary Earps' Manchester United Jersey Amid Fan Demand

Oct 11, 2023 08:05 am UTC| Business Economy Life

Nike Inc. has released Manchester Uniteds Mary Earps sought-after jersey following public demand. Despite no official announcement, the Womens Super League goalkeepers apparel sold out hours after its unexpected...

Abbott Laboratories Dives into Wearable Retail Market Following COVID-19 Sales Drop

Oct 11, 2023 06:37 am UTC| Business Economy Technology

Abbott Laboratories revealed on Tuesday, Oct. 10, that it has expanded into a new market in its pursuit of finding new businesses. The medical device and healthcare company has now dived into consumer wearable retail,...

CJ CheilJedang Divests 66% CJ Selecta Stake to Bunge Alimentos for Est. $356M

Oct 11, 2023 06:14 am UTC| Business Economy

CJ CheilJedang reportedly disposed of its entire stake in CJ Selecta, its Brazilian subsidiary. Based on the report, the company is selling the 66% stake to Bunge Alimentos S.A. for an estimated price of KRW480.5 billion...

Building on the greenbelt is central to solving the housing crisis – just look at how the edges of cities have changed

Oct 11, 2023 03:46 am UTC| Economy

Amid new targets of 1.5m new homes over five years, the Labour party has pledged to review the planning rules which dictate where housing in England can be built. The shadow chancellor, Rachel Reeves, has said that a...

Claudia Goldin’s Nobel Prize win is a victory for women in economics − and the field as a whole

Oct 11, 2023 03:42 am UTC| Insights & Views Economy

Economic history has long been chronicled through a male lens, emphasizing the contributions of men and their viewpoints. For proof, just look to the Nobel Memorial Prize in Economic Sciences. Its been awarded to 90 men...

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Economy

Australia's Trade Surplus Surges in February on Gold Export Boom

Australia recorded a significant widening of its trade surplus in February, as a powerful rebound in exports combined with softening import demand to deliver results well beyond market expectations. Official data released...

Gulf War Ceasefire Hopes Weigh on Dollar Ahead of Trump Address

Global currency markets held largely steady Thursday as traders stayed on the sidelines ahead of a closely watched national address by U.S. President Donald Trump, expected to outline potential ceasefire developments in...

Trump's Claim That the U.S. Can Cover Global Jet Fuel Shortfall Doesn't Add Up

President Donald Trump urged nations facing jet fuel shortages caused by Irans blockade of the Strait of Hormuz to simply purchase their supply from the United States. We have plenty, Trump posted on Truth Social. But...

Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears

Oil prices remained elevated during Asian trading on Wednesday as markets processed mixed signals surrounding the ongoing conflict with Iran. Brent crude futures for June climbed 0.5% to $104.47 per barrel, while West...

Asian Stocks Surge on Trump's Iran War Comments and Dip-Buying

Asian equity markets posted strong gains on Wednesday, driven by U.S. President Donald Trumps remarks signaling a potential end to military operations against Iran within two to three weeks. Renewed investor optimism,...

Politics

FBI Launches Independent Cuba Probe After Deadly Speedboat Shootout

A team of FBI agents traveled to Cuba this week to conduct an independent investigation into a deadly maritime confrontation involving ten Cuban exiles who attempted to infiltrate the island by speedboat under cover of...

Carney and Trump Discuss Middle East Crisis in High-Stakes Phone Call

Canadian Prime Minister Mark Carney and U.S. President Donald Trump connected over the phone on Wednesday to address the ongoing conflict in the Middle East, among other pressing global issues. The call marked another...

Bahamas Calls Snap Election for May 12 Amid Cost of Living Concerns

Prime Minister Philip Davis announced Wednesday that the Bahamas will hold an early general election on May 12, moving the vote several months ahead of its originally scheduled mid-October date. Davis confirmed he will...

Trump's NATO Threat Looms as Rutte Plans Washington Visit

NATO Secretary-General Mark Rutte is set to visit Washington next week in what the alliance has described as a long-planned trip, arriving at a particularly tense moment in transatlantic relations. NATO spokesperson...

Mexico's Foreign Minister Juan Ramon de la Fuente Steps Down for Health Reasons; Roberto Velasco Nominated as Successor

Mexican President Claudia Sheinbaum announced Wednesday that Foreign Minister Juan Ramon de la Fuente is stepping down from his position due to ongoing health concerns. Sheinbaum has nominated Roberto Velasco, the current...

Science

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

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...

Technology

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...

Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers

Microsoft Corporation (NASDAQ: MSFT) is reportedly in exclusive negotiations with Chevron Corp (NYSE: CVX) and investment firm Engine No. 1 to develop a massive energy complex in West Texas dedicated to powering its...