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Fri, Apr 17, 2026 08:43 AM All times are UTC

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Amazon Games Division Cuts 180 Jobs in Restructuring Effort

Nov 14, 2023 07:20 am UTC| Business

Amazon.com announced a second round of layoffs within its games division, resulting in the elimination of approximately 180 positions. This move comes as part of a broader restructuring initiative by the online retail...

Google’s Parent Alphabet Discards Robinhood Markets Stake

Nov 14, 2023 05:50 am UTC| Business

Alphabet Inc., the parent company of Google, reportedly dissolved its entire stake in Robinhood Markets. The report on Monday, Nov. 13, comes months after the technology holding company trimmed its stake in the trading app...

Exxon Mobil Plans to Produce Lithium for Electric Vehicle Batteries with Subsurface Wells by 2027

Nov 14, 2023 05:49 am UTC| Business

Exxon Mobil, the largest oil company in the United States, has announced its intention to venture into the production of lithium, a key metal used in electric car batteries and advanced electronics. The company aims to...

Digital Currency Revolution

Bitget Scraps Hong Kong Crypto License Bid, Ends Operations to Exit Market

Nov 14, 2023 04:50 am UTC| Business Digital Currency Investing

Bitget, a crypto exchange and Web3 company, suddenly dropped its plans to obtain a crypto license in Hong Kong. Moreover, rather than working more on its business in the region, it halted operations in the country to exit...

Digital Currency Revolution

Taiwan Police Probes Cryptocurrency Exchange Bitgin for Money Laundering

Nov 14, 2023 02:04 am UTC| Business Digital Currency Investing

Cryptocurrency exchange Bitgin is under investigation by Taiwans police on suspicions of engaging in money laundering activities. The investigation was launched following the arrest of Yuting Zhang, Bitgins chief operating...

Digital Currency Revolution

Grok AI-inspired Token Soars to $160 Million Market Cap in Just 8 Days After Launch

Nov 14, 2023 00:21 am UTC| Business Technology Digital Currency Investing

A token inspired by Grok AI, an artificial intelligence service offered by the Elon Musk-owned social app X, has experienced explosive growth since its release. In just eight days, the tokens market capitalization has...

Porsche SE Achieves Solid Group Result in the First Nine Months of Fiscal Year 2023

Nov 13, 2023 23:33 pm UTC| Business

Porsche Automobil Holding SE (Porsche SE) announced a group result after tax of 3.8 billion euros for the first nine months of fiscal year 2023. This represents a decrease from the previous years figure of 4.8 billion...

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Economy

Asian Currencies Hold Steady Amid Iran Peace Talks and BOJ Rate Hike Uncertainty

Asian currencies traded in a narrow range on Friday as investors remained cautious ahead of further U.S.-Iran peace negotiations, while the Japanese yen slipped after the Bank of Japans governor signaled little urgency to...

South Korea's Capital Markets Rebound as Foreign Investors Return

South Koreas financial markets are staging a powerful comeback, drawing foreign investors back after a turbulent March that saw billions in capital flee. A combination of easing Middle East tensions, surging demand for AI...

U.S. and Philippines to Build 4,000-Acre Tech Hub Under Pax Silica Initiative

The United States and the Philippines are set to develop a massive 4,000-acre (1,620 hectares) industrial hub as part of a growing Washington-led effort to secure global AI and semiconductor supply chains. The announcement...

Singapore's Non-Oil Domestic Exports Surge 15.3% in March 2026 on AI Demand

Singapores non-oil domestic exports (NODX) posted a remarkable 15.3% year-on-year increase in March 2026, marking the seventh consecutive month of growth, according to Enterprise Singapore. The strong performance was...

Japan Eyes Private Credit as Key Pillar in New Financial Strategy

Japans financial regulator is positioning private credit as a cornerstone of its emerging national financial strategy, responding to surging corporate funding demand driven by record-breaking merger and acquisition...

Politics

House Republicans Near Deal on FISA Extension with Limited Reforms

Republican House leadership is reportedly moving closer to reaching an agreement on extending the Foreign Intelligence Surveillance Act (FISA), with a package of modest reforms attached. According to Politico, four...

Ukraine's Svyrydenko Returns from U.S. With Renewed Support and Diplomatic Momentum

Ukrainian Prime Minister Yulia Svyrydenko wrapped up a productive two-day visit to Washington, D.C., expressing confidence in U.S. support following high-level talks with Treasury Secretary Scott Bessent and other senior...

South Korea Denies U.S. Intelligence Restrictions Over North Korea Nuclear Site Disclosure

South Koreas Unification Ministry pushed back Friday against reports that Washington had expressed displeasure and threatened to limit intelligence sharing after a South Korean minister publicly identified a previously...

China Navigates Diplomatic Tightrope Between Iran Peace Efforts and Trump Summit

China is intensifying its push to end the Iran war while carefully balancing its relationship with Tehran ahead of a pivotal summit between President Xi Jinping and U.S. President Donald Trump scheduled for mid-May. As the...

Myanmar Grants Amnesty to Over 4,000 Prisoners Under New President Min Aung Hlaing

Myanmars newly elected President Min Aung Hlaing has approved the release of 4,335 prisoners, according to state broadcaster MRTV, marking the third amnesty issued in the country within six months. The announcement did not...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

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 Mission: First Crewed Lunar Journey Since Apollo

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...

Technology

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...

TSMC Posts Record Q1 Profit Fueled by AI Chip Demand

Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the worlds largest contract chipmaker, delivered a record-breaking first-quarter profit in 2026, surpassing analyst expectations as artificial intelligence continues...