Lithium-ion battery fires are a growing public safety concern − here's how to reduce the risk
Sep 28, 2023 02:56 am UTC| Business
In todays electronic age, rechargeable lithium-ion batteries are ubiquitous. Compared with the lead-acid versions that have dominated the battery market for decades, lithium-ion batteries can charge faster and store more...
Sep 28, 2023 02:55 am UTC| Business
As the U.S. shifts away from fossil fuels to cleaner energy sources, thousands of people working in the coal, oil and gas industries will be looking for new jobs. Many will have the skills to step into clean energy...
Sep 28, 2023 02:47 am UTC| Business
The multibillion-dollar collapse of FTX the high-profile cryptocurrency exchange whose founder now awaits trial on fraud charges serves as a stark reminder of the perils of deception in the financial world. The lies...

UPbit Accidentally Sells Counterfeit Cryptocurrencies Due to Identification Error
Sep 27, 2023 10:32 am UTC| Business Digital Currency Investing Economy
South Korean UPbit Exchange inadvertently traded counterfeit cryptocurrencies valued at $14,800. The fake digital assets were initially mistaken for genuine, causing unintended transactions. Immediate actions were taken...

SK Telecom Boosts AI Investment, Aiming for $18.5B Sales by 2028
Sep 27, 2023 10:19 am UTC| Economy Technology Business
SK Telecom unveils ambitious plans to triple AI investment, targeting $18.5 billion in sales by 2028. CEO Ryu Young-sang envisions a booming AI sector, revealing a strategy involving infrastructure expansion, AIX...

Dolce & Gabbana Beauty Enters South Korean Market Through Exclusive Shinsegae International Deal
Sep 27, 2023 10:01 am UTC| Business Economy Life
Shinsegae International, the spinoff of Shinsegae, recently signed an exclusive distributor contract with Dolce Gabbana, an Italian luxury fashion house. This means the former will become the only one to sell and...

Posco International, Bartlett Form JV to Dive into US Grain Market
Sep 27, 2023 09:49 am UTC| Business Economy
South Koreas Posco International partners with U.S.-based Bartlett, aiming to dominate the grain market. This joint venture will focus on grain procurement and soybean processing, further expanding their global footprint...