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Microsoft’s Activision Blizzard Acquisition Approved by Korean Regulators

May 31, 2023 07:09 am UTC| Business Technology Economy

Microsoft Corporation earned another point with its bid to acquire the Santa Monica, California-based video game holding company, Activision Blizzard, after the South Korean anti-trust regulator announced it has approved...

Starbucks Unveils Tim Singleton's Bold, Rainbow-Colored Drinkware Collection as Part of New Artist Collaboration Series

May 31, 2023 00:06 am UTC| Life Economy Business

Launching the Starbucks Artist Collaboration Program, the coffee giant partners with Toronto-based artist Tim Singleton, offering a bold, colorful drinkware collection inspired by pop culture, queer culture, and nostalgia,...

Digital Currency Revolution

Starbucks to Reward Odyssey Program Members With More NFTs in June

May 30, 2023 22:02 pm UTC| Economy Business Digital Currency

Starbucks dives deeper into Web3, airdropping exclusive NFTs to eligible U.S. Odyssey rewards program members. These limited-edition digital stamps, rewards for completing specific challenges, skyrocketed in popularity...

Puma's Ambitious Sustainability Progress: 70% Products Made From 'Better Materials' in 2022, Aims for 90% by 2025

May 30, 2023 21:58 pm UTC| Sports Economy Business

Puma claimed in its 148-page 2022 sustainability report that it made seven out of 10 products from better materials last year as it boosted recycled material use. The better materials used by Puma include sustainably...

Mitigating Supply Chain Disruptions: A Guide for Business Success

May 30, 2023 15:29 pm UTC| Business

When a supply chain is operating efficiently and effectively, its almost like magic. Customers find what they need at the store, never worrying about whether or not the items will be in stock. They can order just about...

Mars Chocolate Bars to Use Paper Wrapper to Minimize Plastic Waste

May 30, 2023 13:02 pm UTC| Business Life Economy

Mars Incorporated is working on finding ways to reduce its use of plastic, and the company has launched a trial where it has swapped plastic wrappers for paper. This means that the confectionery and food manufacturer...

NBCUniversal, Viacom18's JioCinema Ink Deal for Content Streaming in India

May 30, 2023 11:22 am UTC| Business Economy

NBCUniversal Media LLC and JioCinema, owned by Viacom18, have signed an agreement for content streaming in India. The deal will allow content from the American mass media company to be streamed in the most populous country...

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Economy

Barclays Warns U.S. Stock Rally May Be Detached From Fundamentals

U.S. equities have delivered strong gains in 2026, but Barclays analysts warn that the stock market rally may be increasingly disconnected from underlying fundamentals as investors continue chasing higher prices. The SP...

Gold Prices Rise as Weak US Retail Sales Cut Fed Rate Hike Bets

Gold prices edged higher on Friday and headed for a weekly gain as weaker-than-expected U.S. retail sales further reduced expectations for a Federal Reserve interest rate hike in September. Spot gold rose 0.5% to $4,374.30...

S&P 500 Retreats From Record High as AI Stocks Slide, Retail Sales Disappoint

The SP 500 closed lower on Friday, retreating from its latest record high as weakness in AI-related stocks and disappointing U.S. retail sales weighed on investor sentiment. The SP 500 fell 0.17% to 7,785.76, while the...

Trump Imposes New Tariffs on Drone Imports Over US Security Concerns

President Donald Trump has announced new tariffs on imported drones and drone components, citing national security concerns and the United States heavy dependence on foreign suppliers. Under a proclamation signed by Trump,...

Strait of Hormuz Shipping Near Standstill After New Vessel Attacks

Shipping through the Strait of Hormuz slowed to a near standstill on Friday after two more vessels were attacked, while the United States signaled it could maintain its naval blockade of Iran indefinitely. The disruption...

Politics

US Admiral Visits USS Abraham Lincoln as Carrier Prepares to End Deployment

The US admiral overseeing military operations involving Iran visited the USS Abraham Lincoln on Saturday as the aircraft carrier prepared to return home after a demanding nine-month deployment, according to a report by the...

AMLO’s Son Says U.S. Revoked His Visa

Andres Manuel Lopez Beltran, the son of former Mexican President Andres Manuel Lopez Obrador, said the United States has revoked his visa in what he described as a politically motivated decision. Lopez Beltran, widely...

DNC Makes South Carolina First in 2028 Democratic Primaries

The Democratic National Committee has officially selected South Carolina as the first state to vote in the 2028 Democratic presidential primaries, cementing a new nominating calendar designed to reflect the partys diverse...

Israeli Troops Enter Qusra Homes as Settler Siege Intensifies

Israeli troops took up positions inside Palestinian homes in the occupied West Bank village of Qusra on Thursday, according to local officials and residents, as a settler siege that has trapped several Palestinian families...

U.S. Pressures Nations to Choose Sides in AI Race

The United States is preparing to pressure dozens of countries to choose between joining a U.S.-led artificial intelligence alliance or supporting Chinas competing AI framework, according to a U.S. official and an internal...

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

Alphabet Shifts AI Strategy Toward Commercial Growth, Goldman Sachs Says

Alphabet is increasingly shifting its artificial intelligence strategy toward commercialization, scale and long-term revenue growth, according to Goldman Sachs analysts. The investment bank said recent management changes,...

Nvidia Eyes $3 Billion Investment in SoftBank-Backed AI Data Center

Nvidia is reportedly in discussions to invest up to $3 billion in SB Energy, a SoftBank Group-backed company developing a major AI data center campus in Ohio for OpenAI. According to a report by The Information, the...

Alphabet’s SpaceX Investment Soars 100-Fold to $94 Billion

Alphabets early investment in SpaceX has delivered extraordinary returns, with the Google parents stake valued at roughly $94.2 billion at the end of June. The company originally invested $900 million in Elon Musks rocket...

Stripe, Advent Reportedly Pursue $53 Billion PayPal Takeover

Stripe and private equity firm Advent International reportedly offered to acquire PayPal for $60.50 per share in July, valuing the payments company at roughly $53 billion. PayPal rejected the proposal as too low, but...

J.P. Morgan Upgrades SanDisk, Sets $2,250 Price Target on AI NAND Growth

J.P. Morgan upgraded SanDisk to Overweight from Not Rated and set a December 2027 price target of $2,250, citing stronger long-term growth prospects following the flash memory companys 2026 Investor Day in New York....