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Instagram to allow posting of its NFTs on feed, story for free

May 10, 2022 23:46 pm UTC| Economy Business Digital Currency

Instagram will begin testing the implementation of non-fungible tokens (NFTs) on feeds with some artists allowed to share the digital collectibles on the social media platform with no associated fees for posting to help...

Best Buy expands biz to beauty, furniture, e-transportation products

May 10, 2022 09:53 am UTC| Business Economy

Best Buy is a retailer that is known for selling consumer electronic products such as mobile phones and television sets. Now it is expanding its business to include beauty gadgets, patio furniture, and e-transportation...

Renault sells Korean unit stake to China's Geely for new car development

May 10, 2022 09:07 am UTC| Business Economy

Renault, a French multinational automobile manufacturer, announced it would be selling some of its Korean unit stakes to Chinas Geely Holding Group, an automotive firm. The company is planning to unload a third of its...

Hyundai in talks to build its second EV plant in Georgia

May 10, 2022 08:50 am UTC| Business Economy

Hyundai Motor Co. revealed it is planning to build a new plant in the United States for its electric vehicle production. The South Korean automaker is currently in talks with the local government of Georgia state where the...

KakaoBank reportedly building ties with cryptocurrency exchange firms

May 10, 2022 07:38 am UTC| Business Economy

KakaoBank is mulling to get into the cryptocurrency business. Thus, it is reportedly forming ties with crypto exchanges for a possible partnership. The bank plans to enter the digital currency industry through this...

SK shieldus scraps IPO plan due to weak demand

May 10, 2022 07:12 am UTC| Business Economy

SK shieldus, one of the leading security companies in South Korea and operating under SK square Co., was revealed to have withdrawn its initial public offering (IPO) plan. The security solutions firm made the decision to...

Sony collaborates with S. Korean blockchain operator Theta in new 3D NFTs featuring Spatial Reality Display

May 09, 2022 23:59 pm UTC| Economy Business

Sony aims to grab a huge slice of the emerging 3D NFT market by using its Spatial Reality Display to speed up mass adoption and by partnering with South Korean blockchain operator, Theta Labs (THETA). Any in-world...

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Economy

EUR/USD Eyes 1.17 as Fed Decision Could Weigh on Dollar

EUR/USD could climb back toward its summer highs near 1.17 if next weeks Federal Reserve decision sparks a sell the news reaction in the U.S. dollar, according to Citi strategists. However, geopolitical tensions and...

Central Banks Could Buy 20,000 Tonnes of Gold: BofA

Central banks may have significant capacity to continue buying gold even after several years of record demand, according to Bank of America (BofA). The bank estimates that institutions currently underweight in gold could...

UK Businesses Urge Government to Cut Electricity Levies

British businesses are pressing the government to remove levies from electricity bills as high energy costs put increasing pressure on energy-intensive sectors such as steel, chemicals and manufacturing, Bloomberg reported...

UK Economy Grows 0.4% in July, Beating Forecasts

Britains economy expanded by a stronger-than-expected 0.4% in July, maintaining solid momentum from the first half of 2026 despite economic pressures linked to the U.S.-Iran war, according to data released Friday by the...

US Treasury Yields Near 5% as Oil Fuels Inflation Fears

Global bond markets came under heavy selling pressure on Friday, pushing the U.S. 10-year Treasury yield close to the critical 5% threshold as soaring oil prices and expectations for higher interest rates intensified...

Politics

Sweden Election Puts Far Right and Centre Left in Tight Race

Swedish voters head to the polls on Sunday in a closely contested parliamentary election that could either bring the far-right Sweden Democrats into government for the first time or return the country to centre-left...

Russian Strikes Across Ukraine Kill Nine, Injure Dozens

Russian air strikes across multiple Ukrainian regions killed at least nine people and injured dozens on Saturday, damaging homes, businesses and critical infrastructure as attacks intensified away from the front lines....

Ukraine Prepares for October Peace Talks With Russia and US

Ukraine is preparing for a possible resumption of trilateral peace talks with Russia and the United States in October as diplomatic efforts to end the more than four-and-a-half-year war regain momentum. Kyrylo Budanov,...

Trump Backs United Ireland During Dublin Visit

U.S. President Donald Trump said he would love to see Northern Ireland unite with Ireland, breaking with the traditionally neutral position taken by previous U.S. presidents on the politically sensitive issue. Speaking...

BRICS Calls for Restraint as Middle East War Escalates

BRICS leaders unanimously adopted the New Delhi Declaration on Saturday, expressing deep concern over escalating tensions in the Middle East and calling for maximum restraint as fighting between the United States and Iran...

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

Hyundai Delays In-House ADAS, Turns to Nvidia

Hyundai Motor Group plans to introduce vehicles running its proprietary driver-assistance software in late 2029, delaying the technology by about two years as the South Korean automaker expands its partnership with Nvidia....

SpaceX Nasdaq 100 Weight Set to More Than Double

SpaceX is poised to receive a substantially larger weighting in the Nasdaq 100 later this month, potentially driving billions of dollars in purchases by passive investment funds that track the technology-heavy index....

Meta’s AI Shopping Push Grows as Agentic Commerce Remains Below 1%

Agentic commerce still accounts for less than 1% of overall e-commerce activity, despite a wave of new AI shopping agents from Meta, Anthropic and other technology companies. Meta this week launched Muse, a personal AI...

OpenAI Rules Out 2026 IPO as Altman Prioritizes AI Safety

OpenAI will not pursue an initial public offering in 2026 as the artificial intelligence company focuses on mounting safety and alignment challenges, CEO Sam Altman said in an interview with Fortune published Saturday....

OpenAI Agents Linked to RubyGems Cyberattack

OpenAIs AI agents were involved in a previously undisclosed cyber incident that disrupted RubyGems, a widely used software package distribution service, in May, according to a Wall Street Journal report. OpenAI confirmed...
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