Hybe: BTS’ agency’s stock price hit the highest record after Ithaca acquisition

Apr 08, 2021 09:32 am UTC| Business Economy

Hybe recently announced its acquisition of Ithaca Holdings, and the company received a lot of positive feedback from business analysts. The good effects of the acquisition further showed when it was reported that BTS...

Google: Another AI scientist resigns after the departures of his colleagues from the office

Apr 08, 2021 08:20 am UTC| Business Economy

Google suffered a new blow in its AI research office after it was reported that its manager, Samy Bengio, has resigned from his post. His resignation was revealed after the media saw his email earlier this week. As per...

Toshiba mulling on taking the $20 billion buyout deal to go private

Apr 08, 2021 08:05 am UTC| Business Economy

Toshiba has been reported to be mulling on signing a $20 billion buyout offer from UKs CVC Capital Partners, a private equity firm. The deal will make the Japanese company private, and the offer is being considered as it...

Self-driving truck startup TuSimple hopes to raise $1.3 billion in US IPO

Apr 08, 2021 07:08 am UTC| Business Economy

Self-driving truck startup TuSimple Holdings Inc is aiming to raise about $1.3 billion by selling around 34 million shares at $35 to $39 each in its initial public offering (IPO) in the US. The San Diego,...

SK Hynix, Netlist settle chip patent dispute

Apr 08, 2021 06:14 am UTC| Business Economy

SK Hynix and Netlist ended their dispute on chip patent after reaching a settlement. The two companies have now entered into a strategic agreement that will be beneficial to both sides. The South Korean chipmaker and...

Nestlé launching milk-free Milo in Malaysia as it ventures big in plant-based food in Asia

Apr 08, 2021 06:00 am UTC| Business Economy

Nestlés Milo is very popular in Southeast Asia, and it was able to maintain the same level of high popularity for decades. Now, as the Swiss food company ventures into plant-based food and drinks in Asia, a...

Ferrero says it accomplishes goal of using 100% sustainably-sourced cocoa

Apr 07, 2021 23:27 pm UTC| Business Economy

Ferrero Group says it achieved its goal of sourcing 100 percent sustainable cocoa at the end of 2020, with its distinctive approach of sourcing the majority of its cocoa as raw beans and processing in its plants. The...