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BUSINESS

  • Microsoft Leverages OpenAI in Bold Move to Outpace Google and Apple Once thought to be a sinking ship, losing ground in artificial intelligence (AI) to Google and the s ...
  • Volvo to Launch Hydrogen-Fueled Trucks by 2029, Aiming for Eco-Friendly Roads Volvo Trucks has been developing trucks with combustion engines that run on hydrogen. On-road tests ...
  • Heavy Metal Hazard: Children's Accessories Contain Dangerous Levels of Toxins Heavy metals, up to 278 times the standard limit, were detected in children’s accessories sold on Chinese online shopping platforms. On the 23rd, Seoul officials announced that heavy metals (lead, chromium, and nickel) were found in two out of seven children’s accessories, including watches, sold on Shein and AliExpress, following their safety inspections. In a […]
  • Affordable Luxury? BYD’s Seagull EV Combines High Design with Low Cost China’s BYD plans to launch its $10,000 battery electric car, the Seagull EV, in the European market by 2025. The Seagull EV, priced at $10,000 in the Chinese market, will be equipped with BYD’s 30.08kWh and 38.88kWh LFP Blade batteries. The driving range is 190 miles and 252 miles, respectively, based on the CLTC standard. […]
  • NYSE Feels the Chill as Fed Considers Tightening the Purse Strings Committee Members Discuss Possibility of Interest Rate Hike The New York Stock Market fell as the minutes of the Federal Open Market Committee (FOMC) regular meeting in May were reportedly more hawkish than expected. On the 22nd (local time), the Dow Jones Industrial Average closed at 39,671.04, down 201.95 points (0.51%) from the previous trading […]
  • Global Powers Unite in Seoul to Tackle AI Challenges On the 21st, President Yoon Suk Yeol of South Korea presided over the AI Seoul Summit with British Prime Minister Rishi Sunak, reaching an agreement that focused on three primary principles: safety, innovation, and inclusivity. During the summit, which President Yoon led virtually from the Blue House, he stated, “As a responsible member of the […]
  • Tech Stocks Rally: Nvidia and Microsoft at the Forefront The New York Stock Exchange closed higher on the 21st (local time). The stock market’s rise was driven by anticipation of Nvidia’s earnings announcement, ahead of the release of the minutes from last month’s Federal Open Market Committee (FOMC) meeting of the Federal Reserve (Fed). At the NYSE, the Dow Jones Industrial Average closed at […]
  • Samsung's AI Steam Mop Redefines Household Chores TechRadar in the U.S.: “Offers more than just a simple mopping experience” UK’s Home & Garden: “Top-notch voice recognition, expanded jointly with SmartThings” Samsung Electronics Bespoke AI Steam robot vacuum cleaner continues to receive rave reviews from overseas tech media. According to the industry on the 22nd, TechRadar said, “Bespoke AI Steam provides more than […]
  • Awaiting the Upgrade: Amazon’s Big Bet on Nvidia’s Blackwell Chip According to the Financial Times (FT) on the 21st (local time), Amazon has reportedly postponed its existing orders to receive NVIDIA’s latest super chips. The decision was made because the performance of Blackwell is twice as high as the previous model, and the launch date will not be significantly delayed. The FT commented that such […]
  • Why Google's Choosing Finland for Its AI Expansion Google is planning additional investments in its data center in northern Europe—Finland. On the 20th, ...
  • Unexpected Friendship: Elon Musk and South Korean President Yoon Suk Yeol Tesla CEO Elon Musk has started following the X account of President Yoon Suk Yeol ahead of the AI Seoul Summit. This comes about three weeks after Tesla recently announced that it is preparing to introduce Full Self-Driving (FSD) in South Korea. On the 20th, President Yoon posted in English on his X account, “To […]
  • Target Slashes Prices on Thousands of Items: From Diapers to Dairy! Target announced on the 20th that it will reduce the prices of at least 5,000 frequently purchased items, including milk and diapers.
  • Apple Cuts iPhone Prices by Over 20% in China to Boost Sales Apple is struggling with a slowdown in the Chinese market and is making significant efforts to maintain its market share...
  • Gold Prices Hit All-Time High Amid Geopolitical Tensions and Fed Policy Optimism Amid rising geopolitical tensions in the Middle East and expectations that the Federal Reserve may a ...
  • Tesla's Big Push in China: Free Supercharging Miles for Early Birds! Tesla announced via Weibo that Chinese customers placing orders before June 20th could gain eligibil ...
  • Chinese Travel Agencies Launch Charter Flights for Dogs! iBabyGO WeiboThe Chinese pet industry is expected to surpass $110 million next year, showing rapid g ...
  • Elon Musk's Neuralink Seeks Second Participant for Groundbreaking Brain Implant Trial Neuralink is Elon Musk's brain science startup. Musk is recruiting a second participant to receive a computer chip implant in their brain.
  • China's Pet Economy Thrives, Set to Reach $112 Billion by 2025 China's pet economy is rapidly growing. It is expanding not only in goods and food but also in the travel sector.
  • Exclusive Insider Info: What to Expect from Apple's Upcoming Slim iPhone According to insiders on the 17th, Apple is developing a slim iPhone version, likely to be released in 2025.
  • China-US Container Fright Rates Reach New Heights, Jump 40% in a Week Container freight rates from China to the United States have significantly increased this month. The increase in Chinese consumption has...
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