BUSINESS Archives - Page 33 of 60

Bitcoin Bonanza: MicroStrategy's Massive $780 Million Purchase Shocks Market 2024.06.24 “This man is the real deal.” According to foreign media reports on the 21st, U.S., corporate software company MicroStrategy recently issued convertible bonds (CB) to purchase an additional $780 million worth of Bitcoin. They made this purchase as Bitcoin prices fell below $65,000. MicroStrategy is famous for its Bitcoin debt investment. According to the U.S. […]

NVIDIA: A Titan in Tech, Yet Invisible in Brand Rankings 2024.06.24 According to CNBC on the 23rd (local time), AI chipmaker NVIDIA became the most valuable publicly traded U.S. company for the first time last week, but its brand recognition among the public is not on par. CNBC explained that NVIDIA failed to land on the list of 100 best-known brands released by Interbrand in November […]

Intel Announces Major Breakthrough in Processor Performance and Integration 2024.06.24 On the 20th (local time), Intel announced at the annual VLSI Symposium that it is regaining its process leadership by offering cutting-edge foundry nodes with Intel 3 technology. The Intel Corporation stated, “Intel Foundry is doing its best to enable customers to exert greater capabilities for developing new applications by inheriting Moore’s Law using innovative […]

US Pushes for Tougher Controls on Investments in Chinese Semiconductors 2024.06.24 US has proposed a new rule that essentially bans Americans from investing in Chinese companies in the advanced technology sector.

U.S. Treasury Excludes South Korea on Currency Watch List 2024.06.24 South Korea has been excluded from the U.S. Treasury Department’s currency watch list due to its transparent foreign exchange policy for the second consecutive time. In contrast, Japan has been included again after a year. On the 20th local time, the U.S. Treasury Department announced its semi-annual currency report, which includes seven countries: China, Japan, […]

Apple Hunts for AI Partners in China Amid Tech Tensions 2024.06.21 Apple announced at the WWDC that it would partner with OpenAI to provide AI features linked with ChatGPT on its devices.

Investors Eye India as Stock Market Hits Trillion-Dollar Milestone 2024.06.21 As the Indian stock market continues to perform strongly, investors are turning their attention towards India.

NVIDIA's Boom: How Stock Options Turned Employees into Millionaires! 2024.06.21 Benzinga estimated that employees who joined Nvidia five years ago have become millionaires, thanks to the company's stock price soaring.

AI Sparks a New Era for Electric Grid, Says Nvidia CEO 2024.06.21 "The future of digital intelligence is quite bright, and so the future of the energy sector is bright, too."

AI Chip ETFs Soar: A 20% Gain in Just One Month! 2024.06.21 In South Korea, ETF, which predominantly includes Broadcom and Nvidia, has provided nearly a 20% return rate in just one month.

StageX Strikes Back: Firm Refutes Government's Reasons for Nixing Frequency Deal 2024.06.21 StageX has disputed a government announcement regarding canceling their frequency allocation, claiming there were errors.

War in Ukraine Halts Samsung and LG's Business, Chinese Companies Sweep In 2024.06.21 With no promising lease candidates appearing, the local businesses halted due to the impact of the Russia-Ukraine conflict.

Hyundai Revs Up U.S. Production with IONIQ 5 at New Georgia Plant 2024.06.21 Hyundai Motor has decided to produce the Ioniq 5 as the first vehicle at its new plant in Georgia, USA, named HMGMA.

Fisker's Bankruptcy Shocks Electric Vehicle Industry 2024.06.20 Fisker has filed for bankruptcy protection. Amid a slowdown in the unexpected surge in demand for electric cars and the sluggish growth.

Shocking Germ Levels Found in Imported Disposable Swabs and Straws 2024.06.20 Disposable cotton swabs sold on Chinese e-commerce platforms were found to have bacterial levels approximately 37 times the domestic standard. Similarly, disposable straws exceeded the domestic standard for total extractable matter (4% acetic acid). On the 19th, Seoul City announced that it had conducted safety tests on 95 hygiene products directly purchased from Chinese e-commerce […]

Apple Set to Launch M4 MacBook Pro in Q4 2024, Analysts Confirm 2024.06.20 Ross Young reported that "panel shipments for new 14-inch and 16-inch MacBook Pro models are set to begin in the third quarter of 2024."

Snap to Offer Full-Body AR Experiences with New Tech Innovations 2024.06.20 Snapchat to create more realistic special effects when taking shots with a phone camera, helping it stay ahead of social media competitors.

France’s Financial Future May Be at Risk - Here’s Why 2024.06.20 The Central Bank of France has urged action to prevent the deepening of France’s fiscal deficit. François Villeroy de Galhau, the governor of the Bank of France, urged on June 18 to avoid worsening fiscal deficits as investors worry about France’s fiscal outlook after the sale of French assets. Before France is expected to be […]

How Nvidia Became the Leader of the AI Era 2024.06.19 On June 18, Nvidia, a leading Artificial Intelligence (AI) stock, overtook both Microsoft Corporation (MS) and Apple to become the world’s largest company by market capitalization. Analysts interpret this as a signal that the AI era has officially arrived, as Nvidia has now overtaken Apple, which opened the smartphone era, Google, and MS, a leader in […]

Not on the Menu: Paper Mishap at Major Burger Joint 2024.06.19 On the 19th, Yonhap News reported that an office worker in Seoul encountered an issue while having lunch at a nearby McDonald’s on the 15th. He noticed something unusual in his food, which turned out to be the wax paper used to store patties. After this incident, the office worker researched similar past occurrences and […]

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