Taiwanese manufacturer of Nike, Adidas, New Balance to invest $281 million in Indian facility

Apr 18, 2023 23:04 pm UTC| Economy Business Sports

Pou Chen, the Taiwanese footwear maker for brands like Nike, Adidas, New Balance, and Timberland will invest $280.86 million in a manufacturing facility in Tamil Nadu, India. Pou Chen is the worlds largest maker of...

Digital Currency Revolution

Metaverse: Krafton, Naver Z partner to set up metaverse company

Apr 18, 2023 09:58 am UTC| Business Digital Currency Investing

Krafton Inc. and Naver Z Corp. have teamed up to set up a new metaverse company. The companies joint venture is for the metaverse business in North America. Krafton and Naver Zs partnership is said to be a huge deal...

Samsung may ditch Google, use Microsoft’s Bing as default its Galaxy’s default search engine

Apr 18, 2023 09:57 am UTC| Business Economy

Samsung Electronics Co. may switch from Google to Microsoft Corp.s Bing as its default search engine on the brands Galaxy smartphones. The latter has a Chat GPT artificial intelligence chatbot installed on its system and...

SEGA buys Angry Birds’ developer Rovio for $776 million

Apr 18, 2023 09:46 am UTC| Business Economy

SEGA Corp., a subsidiary of Sega Sammy Holdings, has acquired Rovio Entertainment Oyj, a Finnish video game developer that is well-known for its Angry Birds game title. The deal is said to be worth $776 million or about...

Merck confirms acquisition of Prometheus Biosciences for $10.8B

Apr 18, 2023 09:09 am UTC| Business Economy

Merck Co., Inc. was first revealed to be in the last phase of talks to acquire Prometheus Biosciences Inc., a California-based biotech company. Now, the deal was already confirmed by the company. Reuters previously...

Starbucks Korea may soon accept Apple Pay

Apr 18, 2023 08:58 am UTC| Business Economy

Starbucks Korea is reportedly accepting Apple Pay soon. The coffee chain is working with Apple Incs mobile payment service to give customers a new contactless payment option. Industry insiders said that Apple Pay may...

LG Chem, Huayou Cobalt partner to build battery material factory in South Korea

Apr 18, 2023 08:58 am UTC| Business Economy

LG Chem Ltd. and Chinas Huayou Cobalt Co. Ltd. announced their partnership to build a battery material plant in South Korea. They have agreed to set up a joint facility that will produce 50,000 tons of precursors starting...