Apple Faces Scrutiny Over Alleged Monopoly about In-app Payment Service in RussiaSigns of Apple violating antimonopoly regulations in Russia have been detected. The Federal Antimonopoly Service (FAS) in Russia sent a letter to Apple on the 4th (local time) asking why Russian users cannot utilize all banking and payment services functions while using Apple Inc. devices. The FAS stated that most Russian banks had been excluded […]
Boeing Compensates $160M to Alaska AirlinesBoeing has compensated Alaska Airlines for a plane incident that occurred last January. On the 4th, Alaska Airlines announced that Boeing paid approximately $160 million in the first quarter as an initial compensation to resolve the impact of the temporary landing of the 737 Max 9 jet. According to Alaska Airlines documents, this payment corresponds […]
Nvidia and PT Indosat Invest $200M in Building AI Center in IndonesiaNvidia is investing in the development of AI in Indonesia in collaboration with Indonesian telecom company PT Indosat. On the 4th (local time), the Indonesian Minister of Communications announced that Nvidia and Indosat planned to build a $200 million AI center in Central Java, Indonesia, by 2024. Indonesian Minister of Communication and Information Technology Budi […]
Meta's WhatsApp Down Again: Thousands of Users AffectedMeta Platforms, Inc.’s WhatsApp platform has gone down yet again. According to the outage tracking website Downdetector, despite WhatsApp resuming service for some users on the 3rd (local time), thousands of users experienced disruptions in connectivity. WhatsApp acknowledged the issue in a social media posting, “We are aware that some people are currently experiencing problems, […]
Fisker Under Investigation: Door Malfunctions Plague 2023 Ocean SUVFisker is facing an investigation due to reports of door malfunctions, all while overcoming a financial crisis. The U.S. National Highway Traffic Safety Administration (NHTSA) announced on March 3 that it has begun a preliminary investigation into Fisker’s 2023 Ocean SUV. Regulatory authorities revealed that the defect investigation department has received 14 complaints alleging intermittent […]
Swiss Banking Giant UBS to Buy Back $20 Billion of Its SharesSwiss bank UBS has announced a buyback of its shares. On the 2nd (local time), UBS announced that it would start a new buyback program of up to $2 billion and plans to complete up to half by 2024. UBS revealed that it had already bought back nearly 1.2 billion Swiss francs ($1.32 billion) worth […]
Tesla Sees Quarterly Delivery Decline, First Time in Nearly Four YearsTesla’s delivery volume has decreased for the first time in four years, indicating a decline in the effect of price reductions amid intensifying competition in the electric vehicle market and weakening demand. Tesla announced on the 2nd that its quarterly delivery volume has decreased and missed Wall Street estimates, causing its stock to drop by […]
Bank of Israel Sounds Alarm on Military Spending: Is Israel in Trouble?[Alpha Economy=(Istanbul) Correspondent Park Jeong Won] The Bank of Israel expresses concerns over defense spending. The Governor of the Bank of Israel reported that Israel’s increased defense spending poses a risk to the economy and needs to be carefully considered for further increases. As the war with Hamas enters its seventh month, the financial strain […]
Airbus Workers in Canada Propose New Deal, Company Willing to NegotiateAirbus Canada factory workers are proposing another negotiation. According to an official, amidst declining productivity at the Montreal factory, which is gearing up to increase the assembly of Airbus’s smallest commercial jet, they were considering a new contract proposal by Airbus workers. According to Reuters, Airbus and the union failed to reach an agreement after […]
Google Takes Strict Action Against Celebrity Impersonation AdsAs the damage from advertisements impersonating celebrities continues, YouTube has prepared a response. Google introduced a new policy on the 28th of last month, altogether banning the impersonation of public figures. Accordingly, they have decided to ban advertisements that unlawfully use the names of celebrities, brands, or organizations, or falsely imply an affiliation to induce […]
Microsoft Breaks Up Office Suite: Teams Available Separately WorldwideMicrosoft is selling its chat and video application Teams separately. On the 1st, Microsoft announced it would sell Microsoft Teams separately worldwide, six months after separating the two products in Europe to avoid the European Union’s (EU) antitrust fines. According to a Microsoft post, it will introduce new commercial Microsoft 365 and Office 365 suites, […]
Citigroup's NYC Layoffs: 430 Employees to Go in JuneCitigroup is now embarking on a massive layoff in New York. On the 1st, Citigroup announced in documents submitted to the Department of Labor that it would lay off 430 employees across multiple departments in New York. According to the documents, the layoffs will target 363 Citibank employees and include employees from the technology and […]
Russia's Baltika Slaps Carlsberg Subsidiaries with $900 Million Damage ClaimBaltika and Carlsberg of Russia are currently in a dispute over licensing issues. On the 1st (local time), a Russian court revealed that Baltika Brewery in Russia had claimed damages equivalent to 6.24 billion Danish crowns ($897 million) from four Carlsberg subsidiaries. After Moscow seized and took over Baltika, a subsidiary of Carlsberg in Russia, […]
Former Baseball Player Sent to Prosecutors for Drug Use and Assault ChargFormer professional baseball player Oh Jae Won has been sent to the prosecutors on charges of drug use and assaulting a woman. On the 29th, the Seoul Gangnam Police Station announced, “Oh Jae Won has been sent to the Seoul Central District Prosecutors’ Office on charges of violating the Narcotics Control Act (stimulants) and assault.” […]
Elon Musk Reveals Upgraded Grok-1.5 Chatbot from xAI, Launching Next WeekElon Musk, CEO of Tesla Elon Musk is set to launch the upgraded Grok-1.5. Elon Musk revealed in a post on his social media on the 29th (local time) that the latest Grok-1.5 chatbot from AI startup xAI will be available on X next week. Grok-1.5, the enhanced version of Grok, will be available on […]
AT&T Resets Passwords for Millions: Customers Alerted to Data BreachAT&T has recently begun to notify millions of customers about personal data theft that has been discovered online. AT&T announced on the 30th (local time) that sets of data found on the dark web include personal information such as the social security numbers of about 76 million current AT&T account owners and about 65.4 million […]
Han So Hee and Ryu Jun Yeol Confirm Breakup, Opting to Prioritize Acting CareersActors Han So Hee and Ryu Jun Yeol have decided to separate, and their romantic relationship has been concluded. Han So Hee’s 9ato Entertainment agency was announced on the 30th. They stated, “We have decided to break up to focus more on our roles as actors,” and “We will continue to support each other on […]
U.S. House of Representatives Bans Use of Microsoft's AI CopilotReuters reported on the 30th (local time) that the U.S. House of Representatives has strictly prohibited congressional staff from using Microsoft’s Copilot AI assistant. Catherine Szpindor, the chief administrative officer of the U.S. House of Representatives, said, “The Microsoft Copilot application has been deemed dangerous by the Cyber Security Bureau due to the threat of […]
Lee Jung Hoo Slams MLB Debut Home Run at Petco Park, Igniting Historic Moment of TriumphOn the 30th local time, Lee Jung Hoo (25, San Francisco Giants) recorded his first home run in Major League Baseball (MLB), filling Petco Park in San Diego, California, with cheers. Lee Jung Hoo stated, “My father (former LG Twins coach Lee Jong Beom) and friends were in the stands.” He was seen waving to […]
Citigroup: More Cuts Expected as Part of Global Reorganization [AlphaEconomy=(Chicago) Paul Lee Correspondent] Citigroup's major restructuring is nearing completion...
Apple Faces Scrutiny Over Alleged Monopoly about In-app Payment Service in Russia Signs of Apple violating antimonopoly regulations in Russia have been detected. The Federal Antimonopoly Service (FAS) in Russia sent a letter to Apple on the 4th (local time) asking why Russian users cannot utilize all banking and payment services functions while using Apple Inc. devices. The FAS stated that most Russian banks had been excluded […]
Boeing Compensates $160M to Alaska Airlines Boeing has compensated Alaska Airlines for a plane incident that occurred last January. On the 4th, Alaska Airlines announced that Boeing paid approximately $160 million in the first quarter as an initial compensation to resolve the impact of the temporary landing of the 737 Max 9 jet. According to Alaska Airlines documents, this payment corresponds […]
Nvidia and PT Indosat Invest $200M in Building AI Center in Indonesia Nvidia is investing in the development of AI in Indonesia in collaboration with Indonesian telecom company PT Indosat. On the 4th (local time), the Indonesian Minister of Communications announced that Nvidia and Indosat planned to build a $200 million AI center in Central Java, Indonesia, by 2024. Indonesian Minister of Communication and Information Technology Budi […]
Meta's WhatsApp Down Again: Thousands of Users Affected Meta Platforms, Inc.’s WhatsApp platform has gone down yet again. According to the outage tracking website Downdetector, despite WhatsApp resuming service for some users on the 3rd (local time), thousands of users experienced disruptions in connectivity. WhatsApp acknowledged the issue in a social media posting, “We are aware that some people are currently experiencing problems, […]
Fisker Under Investigation: Door Malfunctions Plague 2023 Ocean SUV Fisker is facing an investigation due to reports of door malfunctions, all while overcoming a financial crisis. The U.S. National Highway Traffic Safety Administration (NHTSA) announced on March 3 that it has begun a preliminary investigation into Fisker’s 2023 Ocean SUV. Regulatory authorities revealed that the defect investigation department has received 14 complaints alleging intermittent […]
Swiss Banking Giant UBS to Buy Back $20 Billion of Its Shares Swiss bank UBS has announced a buyback of its shares. On the 2nd (local time), UBS announced that it would start a new buyback program of up to $2 billion and plans to complete up to half by 2024. UBS revealed that it had already bought back nearly 1.2 billion Swiss francs ($1.32 billion) worth […]
Tesla Sees Quarterly Delivery Decline, First Time in Nearly Four Years Tesla’s delivery volume has decreased for the first time in four years, indicating a decline in the effect of price reductions amid intensifying competition in the electric vehicle market and weakening demand. Tesla announced on the 2nd that its quarterly delivery volume has decreased and missed Wall Street estimates, causing its stock to drop by […]
Bank of Israel Sounds Alarm on Military Spending: Is Israel in Trouble? [Alpha Economy=(Istanbul) Correspondent Park Jeong Won] The Bank of Israel expresses concerns over defense spending. The Governor of the Bank of Israel reported that Israel’s increased defense spending poses a risk to the economy and needs to be carefully considered for further increases. As the war with Hamas enters its seventh month, the financial strain […]
Airbus Workers in Canada Propose New Deal, Company Willing to Negotiate Airbus Canada factory workers are proposing another negotiation. According to an official, amidst declining productivity at the Montreal factory, which is gearing up to increase the assembly of Airbus’s smallest commercial jet, they were considering a new contract proposal by Airbus workers. According to Reuters, Airbus and the union failed to reach an agreement after […]
Google Takes Strict Action Against Celebrity Impersonation Ads As the damage from advertisements impersonating celebrities continues, YouTube has prepared a response. Google introduced a new policy on the 28th of last month, altogether banning the impersonation of public figures. Accordingly, they have decided to ban advertisements that unlawfully use the names of celebrities, brands, or organizations, or falsely imply an affiliation to induce […]
Microsoft Breaks Up Office Suite: Teams Available Separately Worldwide Microsoft is selling its chat and video application Teams separately. On the 1st, Microsoft announced it would sell Microsoft Teams separately worldwide, six months after separating the two products in Europe to avoid the European Union’s (EU) antitrust fines. According to a Microsoft post, it will introduce new commercial Microsoft 365 and Office 365 suites, […]
Citigroup's NYC Layoffs: 430 Employees to Go in June Citigroup is now embarking on a massive layoff in New York. On the 1st, Citigroup announced in documents submitted to the Department of Labor that it would lay off 430 employees across multiple departments in New York. According to the documents, the layoffs will target 363 Citibank employees and include employees from the technology and […]
Russia's Baltika Slaps Carlsberg Subsidiaries with $900 Million Damage Claim Baltika and Carlsberg of Russia are currently in a dispute over licensing issues. On the 1st (local time), a Russian court revealed that Baltika Brewery in Russia had claimed damages equivalent to 6.24 billion Danish crowns ($897 million) from four Carlsberg subsidiaries. After Moscow seized and took over Baltika, a subsidiary of Carlsberg in Russia, […]
Former Baseball Player Sent to Prosecutors for Drug Use and Assault Charg Former professional baseball player Oh Jae Won has been sent to the prosecutors on charges of drug use and assaulting a woman. On the 29th, the Seoul Gangnam Police Station announced, “Oh Jae Won has been sent to the Seoul Central District Prosecutors’ Office on charges of violating the Narcotics Control Act (stimulants) and assault.” […]
Elon Musk Reveals Upgraded Grok-1.5 Chatbot from xAI, Launching Next Week Elon Musk, CEO of Tesla Elon Musk is set to launch the upgraded Grok-1.5. Elon Musk revealed in a post on his social media on the 29th (local time) that the latest Grok-1.5 chatbot from AI startup xAI will be available on X next week. Grok-1.5, the enhanced version of Grok, will be available on […]
AT&T Resets Passwords for Millions: Customers Alerted to Data Breach AT&T has recently begun to notify millions of customers about personal data theft that has been discovered online. AT&T announced on the 30th (local time) that sets of data found on the dark web include personal information such as the social security numbers of about 76 million current AT&T account owners and about 65.4 million […]
Han So Hee and Ryu Jun Yeol Confirm Breakup, Opting to Prioritize Acting Careers Actors Han So Hee and Ryu Jun Yeol have decided to separate, and their romantic relationship has been concluded. Han So Hee’s 9ato Entertainment agency was announced on the 30th. They stated, “We have decided to break up to focus more on our roles as actors,” and “We will continue to support each other on […]
U.S. House of Representatives Bans Use of Microsoft's AI Copilot Reuters reported on the 30th (local time) that the U.S. House of Representatives has strictly prohibited congressional staff from using Microsoft’s Copilot AI assistant. Catherine Szpindor, the chief administrative officer of the U.S. House of Representatives, said, “The Microsoft Copilot application has been deemed dangerous by the Cyber Security Bureau due to the threat of […]
Lee Jung Hoo Slams MLB Debut Home Run at Petco Park, Igniting Historic Moment of Triumph On the 30th local time, Lee Jung Hoo (25, San Francisco Giants) recorded his first home run in Major League Baseball (MLB), filling Petco Park in San Diego, California, with cheers. Lee Jung Hoo stated, “My father (former LG Twins coach Lee Jong Beom) and friends were in the stands.” He was seen waving to […]
Citigroup: More Cuts Expected as Part of Global Reorganization [AlphaEconomy=(Chicago) Paul Lee Correspondent] Citigroup's major restructuring is nearing completion...
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