U.S. Consumers Pull Back on Electric Vehicle PurchasesThe popularity of electric cars in the U.S. is declining. The price burden caused by high interest rates and the lack of charging infrastructure is holding back the mainstreaming of electric vehicles. On the 16th (local time), market research firm JD Power released the 2024 U.S. Electric Vehicle Consideration Report. Among the survey respondents, the […]
Will Chinese Electric Cars Dominate Europe? U.S. Tariffs Shift Focus[The Guru=Yoon Jin-Woong Reporter] Chinese electric vehicles (EVs) are being identified as disruptiv ...
From Baseball to ByteDance: McCourt's Major League Tech PlayFrank McCourt, the American real estate tycoon and former owner of the LA Dodgers, has announced his plan to acquire the US business rights of the Chinese video platform TikTok. Attention is now focused on the potential acquisition price. TikTok is highly popular among American teenagers but faces pressure from US authorities for forced sale […]
Why Michael Burry is Ditching Tech for Gold Amid Economic UncertaintyScion Asset Management, led by Michael Burry, newly purchased 447,290 shares of Sprott Physical Gold Trust...
Netflix Tackles Live Sports, Starting with NFL Games This DecemberNetflix is finalizing a deal to purchase exclusive rights to stream two National Football League (NFL) games on Christmas...
Apple's Vision Pro: Coming to Markets Beyond the U.S. Next Month!Apple Inc.'s mixed reality (MR) headset 'Vision Pro' will launch in regions outside the U.S. next month.
Melinda Gates Leaves Gates Foundation, Pledges $12.5 Billion to Women's RightsMelinda French Gates, the ex-wife of Microsoft Corporation founder Bill Gates and co-chair of the world's largest charitable foundation...
U.S. and China Face Off in High-Level AI Risk SummitThe United States and China are slated to hold their first high-level talks on the dangers of AI...
Biden Targets Unfair Chinese Trade Practices with New Tariff PolicyAs early as the 14th, Biden announced directlyIncluding electric vehicles, batteries, semiconductors ...
Boeing's Problems Impact Lufthansa's Business: CEO Speaks Out[Alphabiz=(Madrid) Special Correspondent Shin Jung-hoon] Recently, Germany's Lufthansa publicly ...
Tesla's China Sales Dip: What's Behind the Drop in April Figures?Tesla's retail sales in China in April were 31,421 units, down 21.4 percent from a year ago. Based o ...
Kashmir's Economic Crisis Sparks Protests: One Officer Dead, Dozens InjuredKashmir is facing its worst economic crisis. According to a local official on the 12th, in Pakistan- ...
Electric Vehicle Fires on the Rise: Is Your Car Safe?The soaring popularity of EVs coincides with a more than six times increase in the number of electri ...
Shaky Skies: Boeing's Recent String of Aircraft Malfunctions Raises ConcernsThe world’s largest aircraft manufacturer, the American Boeing Company, has recently been plagued by a series of aircraft malfunctions. Controversy arose when an employee from a supplier claimed that they found “200 defects in airplane parts.” According to CNN on the 8th (local time), a Boeing 767 cargo plane belonging to the FedEx Express made […]
BP Eyes Acquisition of Tesla's Supercharger NetworkBritish Petroleum (BP), Britain’s largest and the world’s second-largest oil refiner, has expressed its intent to acquire Tesla’s electric vehicle charging station network, the Supercharger division. According to Bloomberg on the 9th (local time), BP announced that it is currently negotiating with Tesla to purchase its charging station network. Last week, Tesla laid off 500 […]
Boeing's Runway Drama: Plane Lands Without Front Landing GearBoeing has now revealed an issue with the landing gear of its cargo planes. The Turkish Ministry of Transportation announced on the 8th (local time) that a Boeing cargo plane from FedEx Corporation landed at Istanbul Airport without its front landing gear and remained on the tarmac, but no one was injured. According to a […]
US Moves to Tighten Investment Restrictions on Chinese Tech FirmsAs the U.S. government aims to fully control the flow of American capital and technology into China’s advanced technology sector, regulations restricting investments in China are expected to be completed within the year. According to Reuters on the 8th (local time), Secretary of Commerce Gina Raimondo said at a House hearing that the Treasury Department […]
Apple Revolutionizes AI With New In-House Chips for Data CentersApple is developing its own AI chip for use in its data centers. The Wall Street Journal reported on the 7th (local time) that Apple is developing a proprietary chip that can run AI software in data centers. The project, internally named the Apple Chips in Data Center (ACDC), has been underway for several years […]
Amazon's Bold Move: Online Shopping Service Launches in South AfricaAmazon has thrown down the gauntlet to many online retailers led by Naspers’s Takealot. Amazon announced on the 7th (local time) that it will launch an online shopping service in South Africa. Amazon Africa will offer same-day and next-day delivery through more than 3,000 pickup points. Shoppers can get free shipping on their first order, […]
Spirit Airlines' Second-Quarter Outlook Falls Below Expectations[Alpha Economy: (Chicago) Special Correspondent Paul Lee] Spirit Airlines' second-quarter revenue ou ...
U.S. Consumers Pull Back on Electric Vehicle Purchases The popularity of electric cars in the U.S. is declining. The price burden caused by high interest rates and the lack of charging infrastructure is holding back the mainstreaming of electric vehicles. On the 16th (local time), market research firm JD Power released the 2024 U.S. Electric Vehicle Consideration Report. Among the survey respondents, the […]
Will Chinese Electric Cars Dominate Europe? U.S. Tariffs Shift Focus [The Guru=Yoon Jin-Woong Reporter] Chinese electric vehicles (EVs) are being identified as disruptiv ...
From Baseball to ByteDance: McCourt's Major League Tech Play Frank McCourt, the American real estate tycoon and former owner of the LA Dodgers, has announced his plan to acquire the US business rights of the Chinese video platform TikTok. Attention is now focused on the potential acquisition price. TikTok is highly popular among American teenagers but faces pressure from US authorities for forced sale […]
Why Michael Burry is Ditching Tech for Gold Amid Economic Uncertainty Scion Asset Management, led by Michael Burry, newly purchased 447,290 shares of Sprott Physical Gold Trust...
Netflix Tackles Live Sports, Starting with NFL Games This December Netflix is finalizing a deal to purchase exclusive rights to stream two National Football League (NFL) games on Christmas...
Apple's Vision Pro: Coming to Markets Beyond the U.S. Next Month! Apple Inc.'s mixed reality (MR) headset 'Vision Pro' will launch in regions outside the U.S. next month.
Melinda Gates Leaves Gates Foundation, Pledges $12.5 Billion to Women's Rights Melinda French Gates, the ex-wife of Microsoft Corporation founder Bill Gates and co-chair of the world's largest charitable foundation...
U.S. and China Face Off in High-Level AI Risk Summit The United States and China are slated to hold their first high-level talks on the dangers of AI...
Biden Targets Unfair Chinese Trade Practices with New Tariff Policy As early as the 14th, Biden announced directlyIncluding electric vehicles, batteries, semiconductors ...
Boeing's Problems Impact Lufthansa's Business: CEO Speaks Out [Alphabiz=(Madrid) Special Correspondent Shin Jung-hoon] Recently, Germany's Lufthansa publicly ...
Tesla's China Sales Dip: What's Behind the Drop in April Figures? Tesla's retail sales in China in April were 31,421 units, down 21.4 percent from a year ago. Based o ...
Kashmir's Economic Crisis Sparks Protests: One Officer Dead, Dozens Injured Kashmir is facing its worst economic crisis. According to a local official on the 12th, in Pakistan- ...
Electric Vehicle Fires on the Rise: Is Your Car Safe? The soaring popularity of EVs coincides with a more than six times increase in the number of electri ...
Shaky Skies: Boeing's Recent String of Aircraft Malfunctions Raises Concerns The world’s largest aircraft manufacturer, the American Boeing Company, has recently been plagued by a series of aircraft malfunctions. Controversy arose when an employee from a supplier claimed that they found “200 defects in airplane parts.” According to CNN on the 8th (local time), a Boeing 767 cargo plane belonging to the FedEx Express made […]
BP Eyes Acquisition of Tesla's Supercharger Network British Petroleum (BP), Britain’s largest and the world’s second-largest oil refiner, has expressed its intent to acquire Tesla’s electric vehicle charging station network, the Supercharger division. According to Bloomberg on the 9th (local time), BP announced that it is currently negotiating with Tesla to purchase its charging station network. Last week, Tesla laid off 500 […]
Boeing's Runway Drama: Plane Lands Without Front Landing Gear Boeing has now revealed an issue with the landing gear of its cargo planes. The Turkish Ministry of Transportation announced on the 8th (local time) that a Boeing cargo plane from FedEx Corporation landed at Istanbul Airport without its front landing gear and remained on the tarmac, but no one was injured. According to a […]
US Moves to Tighten Investment Restrictions on Chinese Tech Firms As the U.S. government aims to fully control the flow of American capital and technology into China’s advanced technology sector, regulations restricting investments in China are expected to be completed within the year. According to Reuters on the 8th (local time), Secretary of Commerce Gina Raimondo said at a House hearing that the Treasury Department […]
Apple Revolutionizes AI With New In-House Chips for Data Centers Apple is developing its own AI chip for use in its data centers. The Wall Street Journal reported on the 7th (local time) that Apple is developing a proprietary chip that can run AI software in data centers. The project, internally named the Apple Chips in Data Center (ACDC), has been underway for several years […]
Amazon's Bold Move: Online Shopping Service Launches in South Africa Amazon has thrown down the gauntlet to many online retailers led by Naspers’s Takealot. Amazon announced on the 7th (local time) that it will launch an online shopping service in South Africa. Amazon Africa will offer same-day and next-day delivery through more than 3,000 pickup points. Shoppers can get free shipping on their first order, […]
Spirit Airlines' Second-Quarter Outlook Falls Below Expectations [Alpha Economy: (Chicago) Special Correspondent Paul Lee] Spirit Airlines' second-quarter revenue ou ...
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