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Seoul to implement coffee grounds recycling system

Dec 17, 2021 23:30 pm UTC| Nature Economy Business

The Seoul Metropolitan Government will offer incentives to encourage coffee shops to throw away coffee grounds separately so they could collect them through district offices for recycling. The citys district offices...

McDonald’s settles racial discrimination lawsuit with ex-Oakland A's player Herb Washington

Dec 17, 2021 23:30 pm UTC| Law Sports Economy Business

McDonalds has settled a lawsuit by a Black franchisee and former Oakland Athletics player Herb Washington, who had accused the company of racial discrimination, by purchasing the latters 13 restaurants for $33.5...

New York Knicks rated as NBA’s most valuable franchise at $6.03 billion

Dec 17, 2021 23:29 pm UTC| Sports Economy Business

The New York Knicks was valued at US$6.12 billion in Sporticos annual valuations to retain its spot at the National Basketball Association (NBA) most valuable franchise, according to US-based sports business outlet...

NHL's New York Islanders tap Fiserv for cashless transactions at UBS Arena

Dec 17, 2021 23:29 pm UTC| Economy Business Sports Technology

The New York Islanders have partnered with financial technology firm Fiserv to enable cashless payments at the teams new UBS Arena. Fiserv will provide its Clover point-of-sale hardware and Bypass point-of-sale software...

S. Korean startup develops 3D-scan that makes pig weight-measuring quicker

Dec 17, 2021 23:29 pm UTC| Economy Business Science

South Korean researchers developed a technology dubbed contactless mobile pig weight manager that can 3D-scan a livestock pig to measure its weight. The new technology makes use of a specialized algorithm to calculate...

S. Korea to support companies in attaining carbon neutrality

Dec 17, 2021 13:06 pm UTC| Nature Economy Business

The government of South Korea plans to invest 474.4 billion won next year to help 2,500 small and medium-sized enterprises become carbon neutral, and expand support by 10 percent every following year to subsidize as many...

Grab acquiring Malaysia’s Jaya Grocer grocery chain

Dec 17, 2021 10:37 am UTC| Business Economy

Grab Holdings Ltd is currently the largest food delivery company in Southeast Asia. It is also the top ride-hailing brand in the region and it is adding a new venture to its portfolio. As per Reuters, Grab Holdings is...

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Economy

U.S. and EU Strengthen Critical Minerals Partnership to Reduce China Dependence

The United States and the European Union have taken a major step toward strengthening their supply chains for critical minerals, aiming to reduce reliance on China and boost advanced manufacturing capabilities. On Friday,...

Global PCB Prices Surge Amid Middle East Conflict and Supply Chain Disruptions

The ongoing conflict in the Middle East is sending shockwaves through the global electronics industry, driving up prices of printed circuit boards (PCBs) and disrupting the supply of critical raw materials. PCBs are...

Asian Currencies Rise Ahead of BOJ and Fed Meetings as Dollar Softens

Asian currencies strengthened on Monday while the U.S. dollar edged lower, as investors shifted focus to upcoming policy meetings by the Bank of Japan (BOJ) and the Federal Reserve. Market sentiment remained cautious due...

BOJ Rate Decision in Focus as Yen, Inflation, and Nikkei Hang in Balance

The Bank of Japan (BOJ) is widely expected to keep interest rates unchanged at its April 28 policy meeting, maintaining the benchmark short-term rate at 0.75%. This would mark the third consecutive pause following a 25...

Asian Stock Markets Rally as Japan and South Korea Hit Record Highs Amid Oil Price Concerns

Asian stock markets opened the week on a positive note, with major indices in Japan and South Korea reaching record highs, supported by strong momentum from U.S. equities. However, gains across the region were tempered by...

Politics

US Envoy Urges Taiwan to Approve Defense Budget Amid Rising China Tensions

The United States top diplomat in Taiwan has called on the islands opposition-led parliament to approve a comprehensive defense budget, emphasizing the urgent need for advanced military systems such as integrated air and...

Erdogan Condemns White House Correspondents’ Dinner Shooting, Voices Support for Trump

Turkish President Recep Tayyip Erdogan expressed strong support for former U.S. President Donald Trump following a shocking shooting incident at the White House Correspondents Association dinner. According to an official...

Trump Gala Security Scare: Suspect Arrested After Attempted Attack on U.S. Officials

A dramatic security incident at a high-profile Washington gala has raised serious concerns about the safety of U.S. officials and the growing threat of political violence. Authorities arrested a 31-year-old suspect,...

Bennett and Lapid Form Alliance to Challenge Netanyahu in Upcoming Israel Election

Former Israeli prime ministers Naftali Bennett and Yair Lapid have announced a political alliance aimed at unseating Prime Minister Benjamin Netanyahu in the upcoming election expected later this year. The two rivals...

DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects

The U.S. Department of Justice has officially ended its investigation into Federal Reserve Chair Jerome Powell, a decision announced by U.S. Attorney Jeanine Pirro that could significantly impact the future leadership of...

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

DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals

Chinese artificial intelligence startup DeepSeek has significantly reduced pricing for its latest AI models, signaling a more aggressive push in the rapidly evolving AI services market. The company announced that it has...

Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case

A Taiwan court has imposed a significant penalty on the local subsidiary of Japan-based Tokyo Electron, highlighting the islands strict stance on protecting critical semiconductor technologies. The court fined the company...

DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips

DeepSeek, a fast-rising Chinese AI startup, has unveiled a preview of its highly anticipated V4 model, marking a major step toward Chinas technological independence. The new model, optimized for Huaweis Ascend chips,...

U.S. Warns Allies Over Alleged Chinese AI IP Theft Linked to DeepSeek

The U.S. State Department has launched a global diplomatic effort to highlight concerns over alleged intellectual property theft by Chinese artificial intelligence companies, including startup DeepSeek. According to a...

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...