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Fri, Jan 09, 2026 06:21 AM All times are UTC

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S. Korean govt, carriers to test mmWave 5G tech in Seoul subway

Jun 29, 2021 19:44 pm UTC| Economy Technology

South Koreas ICT ministry and its wireless service providers SK Telecom Co., KT Corp., and LG Uplus Corp will test millimeter wave (mmWave) 5G technology in the Seoul subway system to improve network services and speed up...

US federal court dismisses antitrust complaints against Facebook

Jun 29, 2021 15:40 pm UTC| Economy Law Business

A US federal court dismissed the Federal Trade Commissions antitrust complaint against Facebook, as well as a related case brought by 48 state attorneys general in acquiring Instagram and WhatsApp. Following the...

Dole issues recall on its blueberries for possible cyclospora contamination

Jun 29, 2021 10:59 am UTC| Business Economy

Dole just issued a recall for its fresh blueberries after it was found that it could be potentially contaminated with cyclospora, a parasite that, when consumed by people through food or drink, can cause an intestinal...

Playboy to acquire Honey Birdette lingerie retailer for $330 million

Jun 29, 2021 09:41 am UTC| Business Economy

Playboys owner is said to be buying Honey Birdette, a lingerie retailer in Australia. It is a luxury lingerie brand that garnered attention due to its overly provocative marketing strategy, and now the Playboy brand will...

Juul settles vaping lawsuit in North Carolina with $40M payout

Jun 29, 2021 09:19 am UTC| Business Economy

Juul lost its case against the state of North Carolina concerning the vaping lawsuit that the state filed. Now the electronic cigarette maker is settling the case by paying $40 million. The court settlement As per...

Burberry CEO Marco Gobbetti resigns to lead rival Ferragamo

Jun 29, 2021 08:38 am UTC| Business Economy

Burberrys chief executive officer, Marco Gobbetti, has resigned and will be moving back to Italy to lead the companys fashion business rival, Ferragamo. His exit from the British luxury fashion brand comes as the company...

SK may tap Lotte for e-commerce partnership to rival Naver, Shinsegae

Jun 29, 2021 07:40 am UTC| Business Economy

SK is said to be considering a partnership with Lotte and compete with the leaders in the e-commerce market. It was also said that the company is mulling on approaching the shopping company as it is one of the options to...

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Economy

Trump Signals Possible Meeting With Venezuelan Opposition Leader as U.S. Focuses on Oil and Post-Maduro Transition

U.S. President Donald Trump said on Thursday that Venezuelan opposition leader Maria Corina Machado is expected to travel to Washington next week, raising questions about the future of U.S.-Venezuela relations following...

Trump Orders $200 Billion Mortgage Bond Purchases to Lower Housing Costs

U.S. President Donald Trump announced that he has instructed his representatives to purchase $200 billion in mortgage-backed securities (MBS) through Fannie Mae and Freddie Mac, a move he says is aimed at lowering mortgage...

South Korea to Launch 24-Hour Currency Trading to Boost Market Upgrade Bid

South Korea has announced plans to open its currency market to 24-hour trading starting in July, marking a major step toward liberalising the won and strengthening its bid for developed-market status. The move, unveiled by...

China CPI Inflation Hits Near Three-Year High as Consumer Spending Shows Signs of Recovery

Chinas consumer price index (CPI) inflation rose to a near three-year high in December, signaling a gradual recovery in private consumption as Beijing continues to roll out stimulus measures to support the economy. Data...

Asian Stock Markets Edge Higher as Investors Await U.S. Jobs Data, Nikkei Outperforms

Asian stock markets traded mostly higher on Friday, taking cues from a mixed close on Wall Street overnight as investors remained cautious ahead of the closely watched U.S. nonfarm payrolls report. The upcoming U.S. jobs...

Politics

Honduran Opposition Lawmaker Injured Amid Post-Election Tensions

Honduras political crisis deepened on Thursday after opposition lawmaker Gladis Aurora Lopez was injured when an explosive device was thrown near her inside the National Congress, according to a statement from her...

U.S. Weighs Direct Payments to Greenlanders Amid Renewed Push to Acquire Strategic Arctic Island

U.S. officials have reportedly discussed the possibility of offering lump-sum payments to residents of Greenland as part of a controversial effort to encourage the island to break away from Denmark and potentially align...

Trump Signals Willingness to Let New START Treaty Expire, Raising Global Nuclear Arms Concerns

U.S. President Donald Trump has indicated he is prepared to allow the last remaining U.S.-Russia strategic arms control treaty, known as New START, to expire without accepting a Russian proposal to voluntarily extend...

Canada and Brazil Call for Peaceful Venezuelan Transition After U.S. Military Raid

Canadian Prime Minister Mark Carney and Brazilian President Luiz Inácio Lula da Silva held talks on Thursday to discuss the escalating situation in Venezuela, reaffirming their shared support for a peaceful,...

Trump Says Taiwan Decision Is “Up to Xi,” Warns Against Changing Status Quo

U.S. President Donald Trump said it is ultimately Chinese President Xi Jinpings decision how China handles Taiwan, but warned he would be very unhappy if Beijing moved to change the current status quo. The remarks were...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Technology

xAI Cash Burn Highlights the High Cost of Competing in Generative AI

Elon Musks artificial intelligence startup, xAI, is rapidly emerging as a major player in the generative AI race, but new reports highlight the enormous financial costs behind that ambition. According to Bloomberg News,...

Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer

Nvidia (NASDAQ: NVDA) has taken a significant step in strengthening its leadership team by appointing a senior Google (NASDAQ: GOOGL) executive as its first-ever Chief Marketing Officer, signaling a strategic move as the...

EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content

The European Commission has ordered Elon Musks social media platform X, formerly known as Twitter, to retain all internal documents and data related to its built-in artificial intelligence chatbot, Grok, until the end of...

SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally

Shares of South Korean memory chip giant SK Hynix surged to a fresh all-time high on Thursday, reflecting growing investor optimism around booming demand for artificial intelligence (AI) memory products and a strengthening...

OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook

OpenAI has reportedly established a massive $50 billion employee stock grant pool, a move that underscores the companys aggressive strategy to attract, retain, and reward top talent as it continues to scale its artificial...