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Digital Currency Revolution

NFT: Axie Infinity Debuts on Apple’s App Store

May 19, 2023 10:21 am UTC| Business Investing Digital Currency

Axie Infinity, a non-fungible token-based online video game developed by Sky Mavis, is now on Apples App Store. The game is now on the app marketplace of the iPhone maker but available only in select markets at this...

Dr Pepper, Blue Bell Launch Brand-New Ice Cream Float

May 19, 2023 10:19 am UTC| Business Life

Dr Pepper and Blue Bell Creameries have joined forces to make a new kind of fusion flavor. They are two of the leading homegrown brands in Texas, and they have introduced the new Dr Pepper Float ice cream. Dr Pepper and...

Hyundai, Kia Paying $200M to Settle Car Thefts Suit in US

May 19, 2023 09:31 am UTC| Business Economy

Hyundai Motor and Kia Motors have agreed to pay $200 million as part of the settlement for its class-action lawsuit in the United States. The agreement is will waiting for a judges approval and will affect owners of around...

Disney Ditches $1B Plan to Build Campus in Florida Amid Feud with Ron DeSantis

May 19, 2023 08:45 am UTC| Business Economy

The Walt Disney Company is no longer interested in building its office complex in Florida. It has recently scrapped its plan to set up its $1 billion campus in the said state as its feud with the territorys Governor Ron...

Hyundai Motor Unveils Rebuilt 1974 Pony Coupe Concept Car

May 19, 2023 08:16 am UTC| Business Economy

Hyundai Motor Company has revived its popular 1974 Pony Coupe car, and its rebuilt unit is now on display at the Concorso dEleganza Villa dEste, which is an event in Italy where classic and vintage cars are put up for...

Samsung Display Acquires eMagin OLED Panel Manufacturer

May 19, 2023 07:12 am UTC| Business Economy

Samsung Display Co. Ltd. and eMagin Corporation announced this week they have signed a definitive merger agreement. The South Korean subsidiary of Samsung Electronics is acquiring the American leader in organic light...

Renault Korea, China’s Geely to Jointly Release New Gas Hybrid SUV Next Year

May 19, 2023 07:09 am UTC| Business Economy

Renault Korea Motors and Chinese automaker Zhejiang Geely Holding Group Co., Ltd. are working together to develop a new eco-friendly sports utility vehicle. The companies shared that their joint project will introduce a...

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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....