Articles by Jose Resurreccion


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FRANCE-SWEDEN-INTERNET-TECHNOLOGY
Spotify has increased all of its premium subscription in France by 1.2% in response to the French government’s levy on music streaming platforms.
Obesity Drug Wegovy Reduces Risk of Heart Attack, Stroke, Despite Not Contributing Much to Patient’s Weight Loss, Study Finds
Telehealth startup Ro has launched a free online tracker to help patients and doctors locate in-stock weight-loss drugs like Wegovy amid national shortages, providing real-time availability and the option to report outages to the FDA.
Amazon failed to convince a US district court to dismiss the Federal Trade Commission’s lawsuit accusing the tech giant of allegedly tricking people into signing up for its Prime service.
US Refuses to Comment Bombs Dropped in Rafah are American-Made
Top US officials have refused to comment whether American-made munitions were used at an Israeli airstrike that left 45 people dead and 200 more injured.
McDonald’s Says $18 Big Mac Meal was ‘Exception’ After Social Media Buzz Exaggerates Price Increase
McDonald’s denied the allegations suggesting that its Big Mac meal has doubled since 2019, stressing that last summer’s $18 Big Mac meal in a Connecticut store was an ‘exception’ compared to the average Big Mac price of $5.29 in 2024.
News Corp Australia Begins Restructuring After Signing Deal with OpenAI
News Corporation’s Australian division began purging its middle management staff as a result of the deal it struck with OpenAI.
Brand-New F-35 Crashes into New Mexico Hillside, Pilot Injured After Ejecting
A brand-new Lockheed Martin F-35B crashed into a hillside near the Albuquerque International Sunport, while the pilot was conscious after ejecting but sustained serious injuries when located by emergency crews.
Australia's Consumer Price Inflation Rate Rises to 3.6% YoY in April, Stats Report Reveals
After fuel, health, and holiday price rises, Australia's consumer price inflation rate reached 3.6% in April, a five-month high that might prompt the Reserve Bank of Australia to raise interest rates.
Virgin Galactic, AST SpaceMobile, Rocket Lab Stocks Skyrocket — Here's Why
The shares of Virgin Galactic, AST SpaceMobile, and Rocket Lab have skyrocketed after the Memorial Day long weekend.
ZA Retailer Pepkor Reports 3.1% Revenue Drop, Cites Supply Chain Disruptions on Imports
South African company Pepkor Holdings reported a 3.1% fall in its half-year earnings report due to ongoing supply chain disruptions at local ports that impacted its merchandise imports, but also reported a 9.5% revenue rise compared to the similar time period last year.
Argentina's Milei Plans to Meet Big Tech Bosses This Week in US Trip
Argentinian President Javier Milei is scheduled to meet several top-level Silicon Valley executives in the United States this week, including the bosses of Meta, Google, Apple, and OpenAI.
BTS Manager Hybe to Sell $50 Million Worth of SM Management Shares After Failed Takeover Attempt, Beef with ADOR Boss Min Hee-Jin
BTS’s talent agency Hybe is selling 750,000 of its shares with SM Management for a total of $50 million while it is dealing with estranged ADOR CEO Min Hee-Jin.
Survey Finds Google Pixel’s Smartphone Market Share in Freefall
A recent Statista Consumer Insights survey showed that 57% of current Google Pixel users are intending to switch to another smartphone brand.
Bungie Wins Lawsuit vs. Cheatmaker Site AimJunkies
The jury of a US district court in Seattle found Phoenix Digital, the company behind the cheat maker website AimJunkies, guilty of violating the copyrights of gaming studio Bungie after it created cheats for Destiny 2.
China’s ‘Big Fund’ Launches 3rd Local Chip Industry Funding Worth $47.5 Billion
China launched the third phase of its ‘Big Fund’ program supporting local semiconductor manufacturers with an estimated value of $47.5 billion.
YouTubers, Gamers Criticize Take-Two for Kerbal Space Program 2 Failure
A YouTube channel called ShadowZone recently uploaded a video highlighting the history of Kerbal Space Program 2’s development and why it eventually failed.
South Korea, Japan, China Holds Trilateral Summit in Seoul to Discuss Resuming Free Trade Agreement Talks
South Korean President Yoon Suk-Yeol, Japanese Prime Minister Fumio Kishida, and Chinese Premier Li Qiang are to hold a trilateral summit in Seoul which would focus on resuming talks on a free trade agreement, among other matters.
French Finance Minister, Other G7 Finance Chiefs Warn of Oversaturation of Chinese Goods in Global Market
French Finance Minister Bruno Le Maire told Bloomberg that the G7 has an issue with China’s economic model, where the country produces more and more cheaper industrial devices, which he claimed could pose a threat to the global market.
Exiled Chinese Billionaire Guo Wengui Faces Fraud Charges for $1 Billion Scam in NYC
Self-exiled Chinese billionaire Miles Guo Wengui faced court over his fraud charges, with prosecutors alleging him of financing his luxurious lifestyle.
Blackstone Boss Stephen Schwarzman to Support Trump’s White House Bid in Surprise Reversal of Stance
Blackstone Group chairman and CEO Stephen A. Schwarzman announced that he would be supporting the re-election bid of former US President Donald Trump this November.
Samsung, iFixit Parts Ways, Making Phone Repairs More Expensive
Samsung and e-commerce direct-to-consumer repair firm iFixit ended their business partnership after two years, with iFixit CEO Kyle Wiens claiming that the tech giant was selling more expensive spare parts for their phones.
Millions Projected to Travel by Air, Road for US Memorial Day Weekend
As the Memorial Day weekend approaches, Americans are advised to plan ahead if they are to travel, especially in areas where the weather may not cooperate.
Cancer Victims Sue J&J for Alleged ‘Fraudulent’ Transactions
A new class action lawsuit accuses Johnson & Johnson of using fraudulent bankruptcy maneuvers to delay court trials for cancer claims related to its talc-based baby powder, preventing victims from seeking justice.
TSA Issues Apology for Unannounced Cuban Delegation Visit to Miami Airport
The Transportation Security Administration (TSA) apologized to the officials of Miami after its agents gave a tour to a delegation from Cuba, currently a regional adversary of the United States.
Delivery of Boeing's KC-46 Tanker to US Air Force Delayed Due to Refueling Boom Issues
The US Air Force revealed that Boeing has paused its delivery of KC-46A airborne tankers due to what the company said was an issue about a broken part of the aircraft’s refueling boom.
PC Pioneer Chester Gordon Bell Dies at 89
The family of personal computer pioneer Chester Gordon Bell announced his death on May 17. Chester Gordon Bell, who pioneered the era of more powerful personal computers in smaller and more portable frames in the 1960s, died on May 17 at the age of 89.
Australia's Nine Network Names Fiona Dear as New News Director After Sacking Darren Wick for 'Inappropriate' Behavior
Australian media outlet Nine Network has appointed Fiona Dear as its new director of news and current affairs, replacing dismissed news director Darren Wick over his alleged sexual harassment of female staff.
South Korea, Japan, China Confirmed to Meet Next Week for First Time Since 2019
South Korea, Japan, and China are set to undergo a trilateral summit in Seoul on May 27, the first time the three nations held such talks in five years.
DuPont Splits Into 3 Public Businesses, Appoints New CEO
DuPont announced that it was splitting itself into three companies in the span of 18 to 24 months, with its electronics and water businesses becoming its own separate entity.
Nvidia Reports Strong Q1 2024 Revenue, Shares Valuing over $1,000 Triggering Stock Split
Nvidia reported a stronger-than-expected first quarter revenue forecast, including an announcement of a stock split after its shares reached the $1,000 mark.
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