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Wed, Jun 24, 2026 01:40 AM All times are UTC

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Southeast Asia's E-commerce Boom and Etaily's Rapid Rise

Nov 14, 2023 09:37 am UTC| Technology Business

Southeast Asias e-commerce sector is experiencing a tremendous growth spurt, with projections indicating a tripling in market value to $230 billion by 2026. This expansion, accelerated by the pandemic, has attracted the...

Pebble Reborn as Mastodon Server After Twitter Rivalry Ends

Nov 14, 2023 09:22 am UTC| Technology Business

Pebble, a startup once competing with Twitter, has reemerged in the world of social media, this time as a part of the decentralized network Mastodon. The company, which recently announced its closure due to challenges...

Stablecoin Heist: Raft Protocol Loses Millions in Cyber Theft

Nov 14, 2023 09:14 am UTC| Technology

A recent cyberattack on Raft, a protocol for a stablecoin pegged to the U.S. dollar, resulted in the theft of $6.7 million. This incident occurred despite the protocol undergoing multiple security checks by renowned...

Crypto Users Targeted in Chinese Phishing Scam Using Fake Skype App

Nov 14, 2023 09:12 am UTC| Technology

A sophisticated phishing scam originating from China has been targeting cryptocurrency users through a counterfeit Skype application. The scam, uncovered by the crypto security company SlowMist, has led to the theft of a...

Samsung Electronics, Naver Partner to Transform Offices to Smart Buildings

Nov 14, 2023 07:25 am UTC| Business Technology

Samsung Electronics Co. and Naver Corporation have announced a partnership deal to create smart building solutions that will revolutionize offices. The two will work together to offer technology for setting up smart...

Digital Currency Revolution

Grok AI-inspired Token Soars to $160 Million Market Cap in Just 8 Days After Launch

Nov 14, 2023 00:21 am UTC| Business Technology Digital Currency Investing

A token inspired by Grok AI, an artificial intelligence service offered by the Elon Musk-owned social app X, has experienced explosive growth since its release. In just eight days, the tokens market capitalization has...

SK hynix Supplies Latest LPDDR5T Memory Chips to Chinese Smartphone Manufacturer Vivo

Nov 13, 2023 09:20 am UTC| Business Technology

SK hynix has begun providing Chinese smartphone manufacturer Vivo with 16-gigabyte packages of Low Power Double Data Rate 5 Turbo (LPDDR5T). Vivo will incorporate these high-performance memory chips into its latest...

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Economy

Oil Prices Slip as Iran Sanctions Relief and Hormuz Shipping Recovery Ease Supply Concerns

Global oil prices moved lower on Tuesday, extending losses from the previous session as concerns over supply disruptions eased following signs of increased shipping activity through the Strait of Hormuz and a temporary...

Wall Street Slides as AI Stocks Tumble Following South Korea Tech Sell-Off

U.S. stocks closed lower on Tuesday as a sharp sell-off in technology shares weighed heavily on Wall Street. Concerns surrounding artificial intelligence (AI) demand intensified after a major decline in South Koreas...

US Dollar Climbs to One-Year High as Fed Rate Hike Expectations Surge

The U.S. dollar strengthened on Tuesday, reaching its highest level in more than a year as investors continued to react to the Federal Reserves unexpectedly hawkish stance. Growing expectations of future interest rate...

Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review

Singapores inflation rate remained subdued in May 2026, with both headline and core consumer price inflation coming in below market expectations, reinforcing expectations that the Monetary Authority of Singapore (MAS) may...

South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure

South Korean stocks suffered a sharp decline on Tuesday, with the benchmark KOSPI plunging nearly 6% as investors rushed to lock in profits after a historic rally driven by artificial intelligence (AI) optimism,...

Politics

U.S. Eases Iran Team Travel Restrictions Ahead of Seattle World Cup Match

The United States has relaxed travel restrictions for Irans national soccer team ahead of its upcoming FIFA World Cup match in Seattle, allowing the squad to enter the country two days before kickoff instead of just one...

Peru Election Dispute Deepens as Roberto Sanchez Rejects Runoff Results

Perus presidential election dispute intensified on Tuesday after leftist candidate Roberto Sanchez announced that he would not recognize the outcome of the tightly contested presidential runoff, alleging electoral fraud...

Marco Rubio Seeks Gulf Support for U.S.-Iran Peace Deal Amid Regional Concerns

U.S. Secretary of State Marco Rubio has begun a diplomatic tour of the Gulf region as the Trump administration works to ease concerns over its newly signed peace agreement with Iran. Rubio arrived in the United Arab...

Russia Signals Frustration Over Unfulfilled U.S. Commitments After Alaska Summit

Russia has intensified its criticism of the United States, accusing Washington of failing to honor key understandings reached between Russian President Vladimir Putin and U.S. President Donald Trump during their Alaska...

Trump Highlights Manufacturing Agenda in Pennsylvania as Midterm Elections Approach

U.S. President Donald Trump returned to the campaign trail on Tuesday with a visit to Pennsylvania, a crucial battleground state, as he sought to strengthen support ahead of the November midterm elections. Speaking at a...

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

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...

SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist

SpaceX (NASDAQ: SPCX) recovered modestly on Tuesday, closing 0.9% higher at $156.06 after briefly falling below its post-IPO opening price during intraday trading. The stock touched a low of $147.11, slipping beneath the...

Alphabet Replaces Verizon in Dow Jones Industrial Average

Alphabet (NASDAQ: GOOGL), the parent company of Google, will replace Verizon Communications in the Dow Jones Industrial Average (DJIA) effective June 29, according to an announcement from SP Dow Jones Indices on Tuesday....

Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy

Tencent Holdings (HK:0700) is reportedly exploring potential exits from several investments in Japanese game developers, including its stake in Marvelous Inc. (TYO:7844), as the Chinese technology giant reevaluates its...

WiseTech Global Denies Knowledge of Investigation Into Founder Richard White

Australia-based logistics software company WiseTech Global (ASX: WTC) has stated that it is unaware of any investigation involving its Executive Chair and founder, Richard White, following media reports that triggered a...