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India targets 30 percent tax on crypto and NFT income

Jan 31, 2022 22:46 pm UTC| Digital Currency Business Law

India proposed establishing a digital rupee by next year and imposing a 30 percent tax on income from digital assets transfer, such as cryptocurrencies and NFTs. To capture crypto transaction details, Indias finance...

7-Eleven gets spicy with their new Chicken Roller

Jan 31, 2022 22:29 pm UTC| Business Economy

Convenience store giant 7-Eleven is offering their new all-white-meat chicken in a breded zesty coating packed with bold and satisfying flavors like fiery chilies, dubbed Spicy Garlic Chicken Rollers, for a limited...

Japan records most tweet removal requests in 1st half of 2021: Twitter

Jan 31, 2022 22:07 pm UTC| Economy Business Law

Japan registered 18,518 of all legal demands to have tweets removed from across the world in the first half of 2021, or 43 percent of the total, to be the top requestor to Twitter Inc. in that period. According to the...

Japan’s chocolate mint beer Otona no Choco Minto returns for Valentine’s Day

Jan 31, 2022 22:03 pm UTC| Economy Life Business

Hoppin Garages Otona no Choco Minto mint chocolate beer will be re-released in limited quantities on Feb 8 in time for Valentines Day. Otona no Choco Minto, which means chocolate mint for adults, made a big splash last...

Nike commemorates 35th anniversary of Air Max 97 with special edition

Jan 31, 2022 22:01 pm UTC| Economy Business

In commemoration of the 35th Anniversary of the Air Max 97 this year, Nike is coming up with the Nike Air Max 97 SE in a black/off noir set-up. The upper of the sneaker is recrafted in premium suede, with a softer twill...

Lamborghini accelerates into blockchain world with release of first NFT

Jan 31, 2022 21:56 pm UTC| Economy Digital Currency Business

Italian automaker Lamborghini is accelerating into the blockchain world by releasing its first NFT next month. Lamborghini would auction off NFTs produced in collaboration with Swiss artist Fabian Oefner, NFT Pro, and...

Coca-Cola, PepsiCo rivalry spills over hard-drink segment

Jan 31, 2022 15:34 pm UTC| Economy Business

Coca-Cola and PepsiCo are intensifying their rivalry by producing hard versions of their soft drinks in partnerships with brewers. An alcoholic version of Coca-Colas lemonade thats part of the Simply juice drink lineup,...

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Economy

Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens

Turkeys automotive market lost momentum in June, with total vehicle sales declining compared to the same period last year, reflecting softer demand across both passenger cars and light commercial vehicles. The latest...

South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan

South Korea signaled heightened vigilance over its currency market on Thursday, with Vice Finance Minister Huh Chang saying the government is maintaining close communication with Japan and other major partners on foreign...

US Resumes Dollar Shipments to Iraq After Months-Long Suspension

The United States has resumed limited shipments of U.S. dollars to Iraq after a months-long suspension, according to a report by The New York Times citing two senior aides to Iraqi Prime Minister Mohammed Shia al-Sudani....

Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes

The Trump administration has declined to renew the U.S.-Mexico-Canada Agreement (USMCA) in its current form, triggering a 10-year countdown that keeps the North American trade pact in force while negotiations continue over...

Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report

Asian currencies traded in a narrow range on Thursday as the U.S. dollar remained close to a 13-month high, with investors awaiting the closely watched U.S. nonfarm payrolls report for fresh clues on the Federal Reserves...

Politics

OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks

OpenAI has reportedly proposed granting the U.S. government a 5% ownership stake in the artificial intelligence company as it seeks to strengthen ties with Washington and address growing political scrutiny over the rapidly...

EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report

Europes semiconductor industry faces mounting challenges from Chinese export controls, heavy reliance on U.S. technology, and persistent structural weaknesses, leaving the region with a difficult outlook unless it...

NRC Proposes Radiation Rule Changes to Boost U.S. Nuclear Power Expansion Under Trump

The U.S. Nuclear Regulatory Commission (NRC) on Wednesday unveiled a proposal to revise long-standing radiation protection rules, a move that aligns with the Trump administrations broader strategy to accelerate nuclear...

Trump Vows U.S. Will Prevent China From Taking Over the Panama Canal

U.S. President Donald Trump declared on Wednesday that the United States will not allow China to take control of the Panama Canal, underscoring Washingtons continued focus on one of the worlds most strategically important...

US Envoy Urges Taiwan to Build ‘Hornet’s Nest’ Drone Defense Against China

Taiwan should rapidly expand its drone capabilities to strengthen deterrence against potential conflict with China, the top U.S. representative to the island said on Thursday, underscoring growing support for Taipeis...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027

Apple is reportedly preparing one of its most ambitious iPhone product cycles in years, with plans to significantly expand its smartphone lineup through 2027 while increasing production targets for its highly anticipated...

Samsung to Invest $90 Billion in South Korea to Expand AI Chip, Display, and Battery Production

Samsung Group has unveiled a major investment plan worth 140 trillion won (approximately $90 billion) to strengthen South Koreas technology manufacturing sector, with a strong focus on artificial intelligence (AI),...

Super Micro Employees Detained in Taiwan AI Server Export Investigation

Super Micro Computer (NASDAQ: SMCI) said two employees at its Taiwan subsidiary have been detained pending a court hearing, while two others were released on bail after being questioned in an investigation into the alleged...

Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch has reportedly launched a private funding round led by venture capital giant Andreessen Horowitz, aiming to raise approximately $2 billion in fresh capital at a valuation approaching $50...

ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says

Indias ShareChat is preparing for a potential initial public offering (IPO) next year that could raise up to $400 million, according to a Bloomberg News report citing the companys chief financial officer. The move would...