Korean entertainment powerhouse HYBE launches an audit into subsidiary label ADOR, following CEO Min Hee-jin's 18% ownership disclosure.
Sectors
FTC Votes in Favor of Ban Against Noncompete Agreements That Prevent Employees From Working for Competitors
The FTC has voted in favor of a nationwide ban against noncompete agreements. The Federal Trade Commission (FTC) voted 3-2 on Tuesday to ban noncompete agreements, which companies use to prevent employees from working with competitors within the same industry.
Oracle CEO Reveals Plans to Relocate World Headquarters to Nashville, Citing the City’s Reputation as Well-Established Health Center
CEO Larry Ellison says Oracle will move its global headquarters to Nashville to be closer to the center of the healthcare industry
Donald Trump Eligible for Bonus Shares Worth Over $1 Billion from Truth Social Parent Company
Donald Trump, who owns 60% of Trump Media with 78.75 million shares, will get the bonus because the stock stayed above $17.50 per share for 20 out of 30 days.
TikTok Ban in US Almost Inevitable After Senate Approves Bill Forcing Parent Company to Divest Owvnership or Face Prohibition
TikTok users is likely to find that the popular social media platform is either under new ownership or, but not immediately, totally banned in the US.
Latest News
Apple has confirmed that it will host a highly anticipated event on May 7th, where it is expected to unveil updated versions of its popular iPad Pro and iPad Air models.
IBM is currently in negotiations to acquire HashiCorp, a prominent cloud software provider. The news sparked a 24% surge in HashiCorp's stock, pushing its market value to $6.1 billion.
In a strategic move just days before US Secretary of State Antony Blinken's scheduled visit to Beijing and Shanghai, China flaunted its nuclear capabilities, particularly its sea-based deterrent.
The housing shortage crisis in Britain, with a deficit of 4.3 million homes, takes precedence in the lead-up to an anticipated general election, prompting major political parties to address it while balancing concerns about landscape preservation and planning laws.
In Q1 2024, iPhone sales in China dropped significantly by 19.1%, contrasting with the modest 1.5% growth in the overall smartphone market, largely attributed to Huawei's 69.7% surge with its Mate 60 series.
In a recent meeting at Google's headquarters, Google Senior VP and Search head Prabhakar Raghavan warned employees of a "new operating reality," imposing shorter deadlines to move faster.
UnitedHealth Group has admitted that it had paid hackers following the cyberattack on its subsidiary Change Healthcare.
New Zealand Food Safety has updated its import regulations to handle frozen berries better to avoid another hepatitis A outbreak.
A Washington DC-based think tank said Russia will maintain its economic strength for another 18 months despite facing various challenges amid its war with Ukraine.
