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.
Sectors
OpenAI Sets Up Security and Safety Committee, Begins Development of 'Next Frontier Model'
OpenAI is establishing a safety and security committee and has started training a new AI model to replace GPT-4, enhancing its commitment to AI safety and advancing toward AGI.
T-Mobile Purchases US Cellular Operations, Expands 5G Coverage
T-Mobile is acquiring US Cellular’s wireless operations and spectrum assets for $4.4 billion, enhancing its network coverage and capacity while consolidating the industry.
Western Companies Are Finding It Hard to Leave Russia Amid Increasing Kremlin-Imposed Exit Costs
Despite initial pledges to exit Russia following the 2022 invasion of Ukraine, many Western companies, including Avon Products, Air Liquide, and Reckitt, remain in the country.
EU's ChatGPT Task Force Reveals Preliminary Findings on OpenAI's Privacy Compliance
The European Union's (EU) data protection task force has released its preliminary conclusions on OpenAI's compliance with privacy regulations concerning ChatGPT.
Latest News
Toyota is reportedly ending its massive sponsorship deal with the International Olympic Committee (IOC).
A recent Statista Consumer Insights survey showed that 57% of current Google Pixel users are intending to switch to another smartphone brand.
China has launched its largest semiconductor investment fund to date to boost its domestic chip industry.
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.
AstraZeneca and Daiichi Sankyo's experimental drug Dato-DXd demonstrated a potential to extend the lives of non-squamous non-small cell lung cancer patients in a late-stage study.
Amazon Fresh price cuts were announced. Will this help bring back the customers it lost because of inflation?
Amazon's AWS will help Italy expand its data center. The cloud computing arm will invest billions of dollars to make it happen.
The Bank of Israel has opted to maintain its benchmark interest rate amid concerns over war-related budget strains, inflationary pressures, and supply chain disruptions.
European Union governments have officially approved the Net Zero Industry Act (NZIA) to boost green technology production, aiming to reduce reliance on US and Chinese manufacturers.
