BUSINESS
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The Bitcoin Boom: How Crypto Could Become the Global Reserve Currency Gabor Gurbacs, a strategic advisor for stablecoin issuer Tether and asset management firm VanEck, has suggested the possibility of Bitcoin becoming a reserve tender. He insists that no legal tender can replace the dollar, but Bitcoin could. According to industry sources on the 29th, Gurbacs recently mentioned weak currency countries through his X (formerly Twitter) […] -
Why Can't TikTok Shop Break Into Korea? U.S. Pressures and Local Giants Stand in the Way TikTok filed a trademark for TikTok Shop at the end of last year but has yet to unveil it to consumers. Analysts believe that the launch has been delayed due to the intensifying competition in domestic e-commerce and issues surrounding TikTok’s expulsion from the United States. On the 29th, the IT industry cited the fierce […] -
Nancy Pelosi's Husband Strikes Gold with Nvidia Options Financial service platform Unusual Whales has estimated the investment earnings from NVIDIA of former U.S. House Speaker Nancy Pelosi. It has been reported that she also made considerable profits from investing in other companies like Google. According to Unusual Whales on the 30th, it is estimated that former House Speaker Nancy Pelosi and her husband, […] -
Samsung Workers Strike for the First Time: A Historic Labor Showdown The National Samsung Electronics Union (NSEU) has decided to go on strike for the first time since the establishment of Samsung Electronics. -
Strike Alert! Canada's Second-Largest Copper Mine Faces Shutdown Canada's second-largest Gibraltar copper-molybdenum mine is on the verge of production suspension. A ... -
UAE President Pledges $30 Billion Investment in South Korea UAE President Sheikh Mohammed bin Zayed Al Nahyan met with South Korea's business leaders during the ... -
Elon Musk's Latest AI Project Attracts $6 Billion, Signaling Major Industry Shift Artificial Intelligence (AI) startup xAI recently secured an investment of $6 billion from investors ... -
China Chooses iPhone: Apple's Smart Strategy Leads to a 52% Sales Increase iPhone, Apple's flagship product, saw a 52% increase in shipments in China last month, bouncing back ... -
Cathie Wood Bets Big on Elon Musk's Latest AI Venture Cathie Wood has bet on xAI, an artificial intelligence (AI) startup founded by Elon Musk. She has al ... -
Hot Crypto Trends: Aptos Surpasses Solana in Daily Transactions Overseas cryptocurrency analysis company Finbold has selected Aptos (APT) and Render (RNDR) as crypt ... -
Billion-Dollar Bet: xAI Raises $6 Billion to Supercharge AI Innovation xAI, the developer of Grok, a generative artificial intelligence (AI) of X, has secured a Series B investment of $6 billion. While OpenAI and other competitors are accelerating AI development through massive investments, xAI, led by Tesla’s CEO, Elon Musk, is also entering this war. On the 27th (local time), xAI announced through a blog […] -
Wall Street Buzz: AI Applications Propel Dell to New Heights Amid the rally of AI-related stocks, Dell Technologies has reached a record high.Shares of Dell Tech ... -
Why Delta Airlines Is Less Affected by Boeing's Safety Issues Analysts have pointed out that Delta Air Lines is most flexible regarding aircraft problems and the ... -
Tech Cold War: U.S. Cracks Down on Semiconductor Exports to China Reuters Yonhap NewsAmid the U.S. Department of Commerce tightening export controls against China, i ... -
China's Love for Pets Fuels Multi-Billion Dollar Industry Despite economic downturns, China's pet market (petconomy) has a high growth rate. In particular, th ... -
Tesla Urges Suppliers to Move Production Beyond China and Taiwan Tesla has told suppliers to start building components and parts outside of China and Taiwan by as ea ... -
Elon Musk's Firm Hits New Heights: SpaceX Worth $200 Billion! Bloomberg reported on the 23rd (local time) that the value of SpaceX, the space company led by Tesla CEO Elon Musk, has been valued to be about $200 billion. It was reported that SpaceX plans to sell insider stocks at a price between $108 and $110 per share through a tender offer, meaning the company […] -
From Guatemala to Costa Rica: Walmart's Strategic Push into Central America Walmart’s sales growth rate in Guatemala is unrivaled. Walmart’s representative for Central America announced on the 23rd (local time) that they plan to invest around $700 million in Guatemala over the next five years. This announcement comes just days after Walmart revealed plans to invest approximately $600 million in Costa Rica over the next five […] -
NVIDIA's AI Chips: Powering the Future of Self-Driving Cars The demand for NVIDIA’s artificial intelligence (AI) semiconductors is rapidly expanding beyond major IT companies to automakers, including Tesla. This can be seen as a move to develop autonomous driving technology. As a result, the competition for AI technology, which has been focused on the cloud sector, is expanding to the autonomous vehicle sector, projecting […] -
NVIDIA Ups the Ante with a Daring New Stock Split Strategy NVIDIA, an American semiconductor company, has announced a surprising performance for seven consecut ...
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