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Hershey enjoys 6.3% sales growth in 3Q due to high comfort food demand

Nov 02, 2021 23:43 pm UTC| Economy Business Life

The Hershey Co. enjoyed an on-year sales growth of 6.3 percent in its third-quarter to $2.36 billion amid high demand for comfort foods during the pandemic. While net income dropped slightly in the quarter, from $447...

Cryptocurrency: NFL legend Aaron Rodgers partners with Cash App to convert his salary to Bitcoin

Nov 02, 2021 10:22 am UTC| Business Digital Currency

Aaron Rodgers, the reigning MVP at the National Football League, announced this week that he has also jumped into the crypto game. He said on Monday, Nov.1, that he has teamed up with Cash App recently to convert part of...

Coupang accused of negligence and selling over a decade-old expired cooking oil

Nov 02, 2021 10:07 am UTC| Business Economy

Coupang has been trending in South Korea after a customer uploaded photos of the cooking oil she purchased at the e-commerce store. As her story spread, the largest online retailer in the country has been criticized for...

South Korea may impose tax on NFT and DeFi investors

Nov 02, 2021 09:22 am UTC| Business Digital Currency

NFT and DeFi investors in South Korea may soon be taxed as the country may include digital assets under the anti-money laundering bill. Experts in this field think that as cryptocurrencies and other forms of digital...

Burger King, Robinhood join forces for crypto giveaway bonanza of Bitcoin, Ethereum, Dogecoin

Nov 02, 2021 09:17 am UTC| Business Digital Currency

Burger King revealed on Monday, Nov. 1, that it has partnered with Robinhood, a financial services company, to carry out its latest offering for its loyal customers. The fast-food giant will be giving away cryptocurrencies...

Amazon seeking approval to launch its own internet satellites in 2022

Nov 02, 2021 07:21 am UTC| Business Economy

Amazon is planning to launch and operate its own internet satellites next year, and it has already asked the U.S. Federal Communications Commission for approval. The e-commerce and tech company is applying for two...

Ubisoft to invests in crypto and develop play-to-earn NFT games

Nov 02, 2021 06:31 am UTC| Business Digital Currency

Ubisoft, the French video game company, headquartered in Montreuil, Paris, revealed its plans to invest in blockchain and create NFT games. It discussed its crypto plans during its earnings call this week. To set its...

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Economy

Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher

U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal aimed at resolving the ongoing two-month conflict, according to a U.S. official. The development has reduced hopes for a near-term...

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...

Politics

Trump Administration Dismisses Entire National Science Board, Sparking Debate Over Scientific Independence

The Trump administration has removed all members of the National Science Board, a major advisory group that oversees the National Science Foundation (NSF), according to statements from two former board members. The...

Republican Lawmakers Urge National Guard Role for World Cup Drone Security

Two Republican members of Congress are urging the Trump administration to strengthen security measures for the upcoming FIFA World Cup by deploying the National Guard to address potential drone threats. Representatives...

King Charles and Queen Camilla Visit the U.S. Amid Political Tensions and Historic Milestone

King Charles III and Queen Camilla have begun a high-profile four-day visit to the United States, marking a significant moment in modern UK-US relations. The royal trip coincides with the 250th anniversary of the U.S....

Man Charged in Alleged Trump Assassination Attempt at White House Correspondents’ Dinner

A 31-year-old California man has been formally charged with attempting to assassinate U.S. President Donald Trump following a shooting incident at the White House Correspondents Association Dinner in Washington. The...

US and Iran Clash at UN Over Nuclear Program and NPT Conference Role

Tensions between the United States and Iran intensified at the United Nations as both countries exchanged sharp criticism over Tehrans nuclear program and its appointment as a vice president at a key nuclear conference....

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

Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results

Shares of Advantest Corp (TYO:6857) declined on Tuesday after the semiconductor equipment maker issued an annual outlook that fell short of market expectations, overshadowing its strong financial performance driven by...

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...