
Error causes user to sell $1 million rock NFT for a penny
Mar 24, 2022 23:42 pm UTC| Digital Currency Investing Economy
Confusion between WEI and ETH led crypto user DinoDealer, to sell his precious rock NFT for 444 Wei or $0.0012 instead of 444 ETH, or $1.2 million, to a bot. In a tweet, DinoDealer lamented that in one click his entire...

LG inaugurates first off-shore AI research center in the US
Mar 24, 2022 10:45 am UTC| Business Economy
LG AI Research announces the inauguration of its very first research and development office overseas. The company expanded its global AI research ecosystem to North America by launching the LG AI Research Center, Ann Arbor...

Adidas launches NIL Network for student-athletes to be paid ambassadors
Mar 24, 2022 09:46 am UTC| Business Economy
Adidas announced on Wednesday, March 23, that it has formed the Name, Image, Likeness (NIL) network for student-athletes. This will also make the company the first major sports brand to implement an extensive, fair, and...

Kakao pushing towards IP biz with SM Entertainment to rival Naver
Mar 24, 2022 08:13 am UTC| Business Economy
Kakao is considered one of the strongest candidates to acquire stakes in SM Entertainment. The entertainment unit of the internet company is hoping to make use of the talent agencys intellectual property (IP) to take on...

PepsiCo, Beyond Meat launch plant-based jerky as first product in their joint venture
Mar 24, 2022 07:53 am UTC| Business Economy
PepsiCo and Beyond Meat finally launched the first product as part of their joint venture deal. The meatless jerky is being marketed under the companies Planet Partnership JV firm. As announced on Wednesday, March 23,...

LG Energy Solution, Stellantis to build EV battery plant with $4.1 billion JV deal in Canada
Mar 24, 2022 06:52 am UTC| Business Economy
LG Energy Solution and Stellantis N.V. are investing $4.1 billion or more than $5 billion CAD for their electric vehicle battery joint venture in Canada. The fund will be used for their EV battery manufacturing facility in...

US spirit producers celebrate end of British bourbon tariff nightmare
Mar 23, 2022 23:31 pm UTC| Economy Business Law
US spirits producers are cheering the end of the UKs retaliatory tariffs on their bourbon Retaliatory tariffs on over $500 million worth of US exports to the UK, including distilled spirits, various agricultural...