Topic

Innovations

A collection of 458 issues

Shanghai takes measures to support economy - Reuters

Shanghai authorities will lift many conditions for businesses to resume operations from Wednesday: easing a citywide quarantine and introducing policies to support the affected economy, a city official said. The city will reduce taxes on passenger car purchases to encourage car consumption. A subsidy of 10,000 yuan will also

Tether launches MXNT Stablecoin tied to Mexican peso

MXNT will join three other fiat currency-linked tokens that Tether has in the market: USDT with a US dollar peg, EURT with a euro peg and CNHT with a yuan peg. According to Triple A, 40% of Mexican companies are looking to adopt blockchain and cryptocurrencies in some form, making

Samsung is negotiating a 20% price increase for chip production

Samsung and Taiwan Semiconductor Manufacturing Co. account for more than two-thirds of the world's outsourced chip production capacity. Recall that Taiwan Semiconductor also raised prices for its products twice in the last year.

Virgin Galactic postponed commercial suborbital flights until 2023

Virgin Galactic once again postponed the launch of commercial flights with tourists. The company postponed the first flight until next year because of problems with component supplies and a shortage of employees. It now plans to begin commercial flights of its VSS Unity spaceplane in the first quarter of 2023.

EU agrees on new rules for Internet companies to monitor content

New EU rules require companies such as Google and Meta* to increase oversight of illegal content on their platforms and pay regulators to enforce the rules. Targeted ads targeting children or based on personal information such as religion, gender, race and political views are banned, Reuters reported. Online platforms will

Musk ready to invest up to $15 billion of his own money to buy Twitter

The New York Post reported Tuesday, citing its sources, that Elon Musk is willing to spend $10 billion to $15 billion of his own money to buy Twitter. According to the report , Musk plans to submit a tender offer in about 10 days and has enlisted Morgan Stanley to raise

Johnson & Johnson retracts sales forecast for COVID-19 vaccines

The company cites demand uncertainty and global oversupply. The company previously released its Q1 2022 quarterly report. Johnson & Johnson noted that its COVID-19 vaccine sales contributed to the company's growth. However, lower sales of Remicade, an inflammatory disease treatment, played the opposite role.

Iran opens new plant to produce parts for advanced uranium enrichment centrifuges

Recall that the Iran nuclear deal was never re-signed.

Nexo and Mastercard launch "world's first (companies claim) cryptocurrency-enabled card"

Cryptocurrency lender Nexo said it has teamed up with global payments company Mastercard to launch a cryptocurrency credit card. The card will initially be available in several European countries. The new credit card allows users to spend their digital assets to buy goods. The tokens are provided by Nexo as

Prospective DLE: Ford plans to buy lithium in Argentina

The company said Monday it has signed a preliminary deal to buy lithium from Lake Resources NL (LKE). This is the first time the automaker has disclosed information about its supplier of battery materials. Lake Resources is notable for its use of DLE technology, which reduces the resource costs of