December 06, 2023 BY Elizabeth Anderson

Apple kicking back against universal charging port

This guideline requires that all smartphones, which include existing iPhones, feature a universal charging port to cut consumer costs and reduce e-waste. Continued discussions on the matter pushed manufacturers in India to comply with this arrangement by June 2025, which is six months later than the agreed deadline for Europe. Estimates show this move can…

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December 06, 2023 BY Elizabeth Anderson

YG Entertainment shares shoot up after Blackpink contract renewal

The promoter indicated the renewed contract includes the planning of a new album and Blackpink world tour. This news fanned the fires of other K-pop stocks, with HYBE Co., Ltd. (352820.KS) and JYP Entertainment Corporation (035900.KQ) shares leaping by 8.5% and 7%, respectively. Blackpink splashed onto the music scene in 2016 and has since become…

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December 06, 2023 BY Elizabeth Anderson

Tesla rolls out more EVs in China ahead of global target reviews

The registrations, reported by CnEVPost, do not calculate the separate Model 3 and Model Y registrations; rather, the figure totals both registrations and pits against competitor electric vehicle (EV) manufacturers. According to the data, Tesla’s sales for November decreased 17.8% when compared to the same period last year, with this drop including Chinese exports in…

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December 05, 2023 BY Elizabeth Anderson

AT&T gets Ericsson on board to build ORAN network

The ORAN network will cover an estimated 70% of AT&T’s wireless traffic in the US. With completion expected at the end of 2026, this constitutes the largest financial deal in Ericsson’s history. The 5G-driven ORAN products and solutions will streamline AT&T’s operations. This will establish a cloud-native open network, which will cut costs as it…

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December 05, 2023 BY Elizabeth Anderson

Adyen partners with Klarna to streamline online card payments

As of December, Klarna had 150 million consumers and 500,000 retail partners worldwide. The existing partnership between the two companies supported interest-free Pay Now and Pay Later options for Adyen customers. Focusing on a new strategy, this refreshed agreement establishes Adyen as an acquiring bank on behalf of Klarna. It will come into effect in…

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December 04, 2023 BY Elizabeth Anderson

Alaska Air to acquire Hawaiian Airlines for $1.9bn

Alaska Air indicated the combined companies will create a robust platform for growth and competition. Benefits to consumers include a wider variety of critical air service options and more Pacific, US Continental, and international destinations. At an economic level, the expanded footprint generates long-term job opportunities and ongoing investment in local communities and environmental stewardship.…

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December 04, 2023 BY Elizabeth Anderson

Bitcoin and Ethereum achieve all-year highs

According to Reuters, these upticks follow an economic sigh of relief after US interest rate cuts and widespread anticipation that US stock market-traded bitcoin funds will soon be approved. Bitcoin broke records on Monday, when it hit the $41,522 mark, the highest value the digital currency reflected since April 2022. Analysts indicated the world’s most…

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