Tag: fast
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South Korean AI chip startup Rebellions targets IPO next year
SEOUL, July 8 : South Korean AI chip startup Rebellions aims to list its shares on the Korean market in the first half of next year, followed by a potential listing in the United States, its co-founder and chief executive Park Sunghyun told Reuters on Wednesday.”Our priority right now is Korea market,” he sai
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Apple loses challenges against EU rules to curb Big Tech
BRUSSELS, July 8 : Apple lost its challenge on Wednesday against landmark EU rules that designate its app stores and operating system iOS as gatekeepers subject to obligations aimed at giving rivals more room to compete.The EU Digital Markets Act, which sets out a list of dos and don’ts for Big Tech with the
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Thai beer dynasty mother drops ‘ungrateful child’ case against son
BANGKOK: A mother from one of Thailand’s wealthiest families formally withdrew her “ungrateful child” lawsuit against her son on Wednesday (Jul 8), a Bangkok court said, after he accused his elder brother of sexual abuse.Jeeranuch Bhirombhakdi, a third-generation member of the billionaire family behind Thaila
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Dollar around one-week high as Trump says Iran MOU ‘over’
LONDON, July 8 : The U.S. dollar was steady at around its highest level in roughly a week on Wednesday after U.S. President Donald Trump said an interim memorandum of understanding signed with Iran to end their conflict was “over”, while New Zealand’s currency jumped after the country’s central bank lifted interest
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French antitrust watchdog orders Meta to resume talks with media groups over publishing fees
PARIS, July 8 : France’s competition authority on Wednesday ordered Meta Platforms to resume talks with French media groups over payments for publishing content, after the publishers complained following the collapse of previous negotiations.The case is one of a growing number between publishers and tech comp
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Morocco coach Ouahbi not held back by inexperience at international level
(Corrects spelling of Ouahbi in headline)By Mark GleesonATLANTA, July 7 : Morocco coach Mohamed Ouahbi is already a World Cup-winner, but his success was at junior level and he is treading new ground in the senior ranks as his side prepare to take on France in Thursday’s quarter-final.It has be
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Oil rises to two-week high as US and Iran trade strikes
July 8 : Oil prices gained over 2 per cent on Wednesday, climbing to a two-week high after Iran and the U.S. traded airstrikes and Washington reimposed crude sales sanctions on Tehran, raising fears their fragile truce was unravelling and Middle East supplies could again be disrupted. Brent crude futures ga
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With SpaceX Starship, Japan’s ispace provides ride-share to the moon
TOKYO, July 8 : Japanese moon transport company ispace said on Wednesday it would start a new, lower-cost lunar cargo business using the Starship heavy rocket and moon lander developed by Elon Musk’s SpaceX.Tokyo-based ispace has bought 500 kg (1,102 lb) of capacity for $50 million on a Starship that would la
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Dollar-selling linked to SK Hynix share offer sends won to over 1-month high, source says
SEOUL, July 8 : Dollar-selling related to a U.S. share sale by South Korean chipmaker SK Hynix emerged in the country’s dollar-won forwards market on Wednesday, sending the won to a more than one-month high, a source familiar with the matter told Reuters. “There is forward selling related to SK Hynix American
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EU court rejects Apple’s challenge against EU rules reining in Big Tech
BRUSSELS, July 8 : Europe’s second-highest court on Wednesday dismissed Apple’s challenge against landmark EU rules labelling its app stores and operating system iOS as gatekeepers subject to strict obligations.”The General Court dismisses Apple’s actions regarding its designation as a gatekeeper in relation
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