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Tue, Apr 21, 2026 02:48 AM All times are UTC

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Netflix Banks on Variety in Streaming Wars

May 01, 2023 10:36 am UTC| Business

As the battle of the streaming services in the UK hots up, Netflix is aiming to consolidate its position as the leader of the pack through its variety of TV shows and films with an extra emphasis on Africa and the...

Jack Daniel's and Coca-Cola Launch Alcoholic Fusion Drink in the Philippines

May 01, 2023 09:53 am UTC| Business Life Economy

Jack Daniels and Coca-Colas joint venture alcoholic drink has arrived in the Philippines and was officially launched by the brands over the weekend. The ready-to-drink (RTD) cola is a blend of Jack Daniels Tennessee...

Yuga Labs hires former Epic Games exec as its new CTO

May 01, 2023 09:16 am UTC| Business Technology

Yuga Labs web3 company announced on Friday, April 28, that it has appointed a new chief technology officer. It said it hired Mike Seavers, a former executive at Epic Games, for the role. As per CoinDesk, Seavers is set...

Adidas Faces Lawsuit from Investors over Kanye West Partnership

May 01, 2023 08:53 am UTC| Business Economy

Adidas AG is being sued by its own investors over the companys partnership deal with American rapper Kanye West, also known as Ye. The investors claim that the German sneaker and apparel manufacturer was aware of Wests...

Microsoft at risk of paying $3B if merger with Activision Blizzard fails

May 01, 2023 08:11 am UTC| Business Economy

Microsoft Corporation will still have to shell out a massive amount even if its acquisition of Activision Blizzard will no longer proceed. This was recently confirmed by the video game publishers chief executive officer,...

Energizer, Walmart facing lawsuits for allegedly colluding to raise prices of batteries

May 01, 2023 08:07 am UTC| Business Economy

Walmart and Energizer Holdings Inc. were sued by both retailers and shoppers for suspicion of collusion. They have reportedly proposed three antitrust class action suits after accusing the companies of being in cahoots to...

Doosan inks agreement with Rockwell Automation for robot supply, US expansion

May 01, 2023 07:48 am UTC| Business Economy

Doosan Group has signed a memorandum of understanding contract with the Milwaukee, Wisconsin-headquartered industrial automation company Rockwell Automation. The deal will help the South Korean conglomerate with its...

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Economy

Asian Stocks Rise on AI Optimism and Iran Peace Talk Hopes

Asian stock markets opened higher on Tuesday, supported by renewed optimism around artificial intelligence (AI) demand and reports that Iran may join peace talks with the United States. The positive sentiment helped lift...

KOSPI Hits Record High as AI Chip Demand Lifts SK Hynix and Samsung Stocks

South Koreas KOSPI index climbed to an all-time high on Tuesday, driven largely by strong gains in technology stocks, particularly semiconductor giants benefiting from the artificial intelligence (AI) boom. The benchmark...

U.S. Stock Futures Hold Steady as Investors Monitor Iran Tensions and Key Economic Events

U.S. stock futures were mostly unchanged Monday night following a slightly negative close on Wall Street, as investors remained cautious amid escalating tensions between the United States and Iran ahead of a potential...

Oil Prices Slip as U.S.-Iran Tensions and Ceasefire Uncertainty Weigh on Markets

Oil prices edged lower in early Asian trading on Tuesday as investors assessed conflicting signals surrounding potential U.S.-Iran negotiations ahead of a looming ceasefire deadline. The market remains highly sensitive to...

South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions

South Koreas newly appointed central bank governor, Shin Hyun-song, has emphasized the need for a cautious and flexible monetary policy as global uncertainties intensify. Speaking during his inauguration on Tuesday, the...

Politics

Philippines Says U.S. Access to EDCA Bases Limited by Land Issues and Delays

Philippine Defense Secretary Gilberto Teodoro has revealed that the use of military bases accessible to the United States under the Enhanced Defense Cooperation Agreement (EDCA) remains limited, citing unresolved land...

Trump Maintains Iran Naval Blockade as Ceasefire Deadline Nears

U.S. President Donald Trump announced that the naval blockade against Iran will remain in force until a formal agreement is reached with Tehran, adding uncertainty ahead of a looming ceasefire deadline later this week. In...

Gaza Violence Continues Despite Ceasefire as Israeli Strikes and Clashes Escalate

Israeli airstrikes in the Gaza Strip killed at least five Palestinians on Monday, according to Palestinian health officials, highlighting ongoing violence despite a fragile ceasefire agreement. The incidents occurred in...

Trump Invokes Defense Production Act to Boost U.S. Energy Supply Amid Rising Fuel Prices

U.S. President Donald Trump has invoked the Defense Production Act (DPA) to accelerate domestic energy production, according to a White House announcement. The move comes as the administration seeks to counter rising fuel...

U.S. Labor Secretary Lori Chavez-DeRemer Steps Down, Deputy to Serve as Acting Chief

U.S. Labor Secretary Lori Chavez-DeRemer is stepping down from her position, according to an announcement made Monday by White House Director of Communications Steven Cheung. The sudden leadership change at the Department...

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

John Ternus Signals Apple’s Future with Product-First AI Strategy

Apples incoming CEO John Ternus is already shaping expectations for the companys future, and his stance on artificial intelligence reveals a clear direction. Unlike competitors such as Microsoft and Google, which are...

Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus

Jeff Bezos is reportedly closing in on a massive fundraising deal for his artificial intelligence startup, signaling a major move in the rapidly expanding AI industry. According to a Financial Times report citing sources...

Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO

Apple (NASDAQ: AAPL) shares slipped more than 1% in after-hours trading Monday following a surprising leadership transition announcement. The tech giant revealed that longtime CEO Tim Cook will move into the role of...

Amazon Expands AI Bet with Up to $25 Billion Investment in Anthropic

Amazon is significantly deepening its artificial intelligence strategy by announcing a new investment of $5 billion in AI firm Anthropic, with the potential to reach up to $25 billion based on performance milestones. This...

Tesla Q1 Earnings Preview: Robotaxi Delays and SpaceX Merger Speculation Grow

Teslas upcoming first-quarter earnings report, expected Wednesday, may do little to ease investor concerns about the companys long-promised robotaxi strategy. According to analysts at Jefferies, the widening gap between...