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South Korea Joins Digital Economy Partnership, Boosting Global Digital Trade Initiatives

South Korea Joins Digital Economy Partnership, Boosting Global Digital Trade Initiatives

South Korea joins the Digital Economy Partnership Agreement (DEPA), boosting global digital trade initiatives.


Former Seafood Giant Red Lobster Nears Bankruptcy Due To Declining Sales and Mismanagement

Red Lobster, which used to be a seafood giant, is on the brink of bankruptcy due to managerial missteps that started in 2003 with no recovery decades later.

Tesla Sues Indian Company Called 'Tesla Power' Due to Trademark Violation

Tesla has taken legal action against an Indian battery manufacturer "Tesla Power," accusing them of trademark infringement and seeking damages and a permanent injunction from the court.

Oracle's AI Infrastructure Chosen By Billionaire Investors Over Nvidia

Billionaire Investors Steven Cohen and Israel Englander shifted their focus from Nvidia to Oracle, citing Oracle's potential in the AI sector and its consistent revenue growth in cloud infrastructure.


Latest News

Uranium Stocks Surge But Ban on Russian Supplies Might Have Dire Effect to US Economy, Expert Warns
The ban on US imports of Russian uranium is expected to shake up the nuclear power industry and push prices back beyond $100 per pound for the fuel, which has been in short supply.
MICROSOFT
AI engineers across major tech companies are experiencing burnout and rushed product rollouts as they compete to outpace rivals, with pressure to deploy AI tools quickly.
Joe Biden Says 'Xenophobia' Hinders China, Japan, and India's Economic Growth as US Benefits From Migration
President Joe Biden said "xenophobia" among countries like China, Japan, and India is impeding their economic growth, contrasting it with the US, which he claimed benefits from migration.
Coinbase Reports Impressive Q1 Revenue of Above $1 Billion Following Bitcoin Rally
Coinbase announced a better-than-expected revenue in its first-quarter earnings report on Thursday after a bitcoin rally led to a surge in profit.
Goldman Sachs Removes Bonus Cap for UK Bankers
After the UK removed local pay restrictions for bankers last year, Goldman Sachs was the first to remove its bonus cap for its bankers.
Donald Trump Lawyer Portrays Hush Money Payment to Stormy Daniels as Extortion
A lawyer for former President Donald Trump has tried to portray the hush money payment to porn star Stormy Daniels as extortion.
EU Vows $1 Billion Aid for Lebanon Amid Spiralling Economic Crisis
The European Union has recently unveiled a substantial aid package of 1 billion euros, approximately $1.06 billion, aimed at addressing the challenges faced by Lebanon.
Comcast
Bally Sports channels were discontinued by Comcast as a result of failed talks for a new, long-term agreement.
US Accuses Russia of Quietly Shipping Refined Petroleum to North Korea at Levels Violating UN Cap
The US has revealed that Russia has been discreetly supplying refined petroleum to North Korea at levels that seem to exceed UN Security Council limits.
Universal Music Group Reports Nearly 6% Q1 Revenue Growth After a New Deal With TikTok
The generated revenue of Universal Music Group rose nearly 6% during the first quarter of 2024. The generated revenue of Universal Music Group rose 5. 8% during the first quarter of 2024, reaching 2.