Eugene Park (1110 Posts)
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Terraform Labs CEO Faces Extradition to U.S., Potential 100-Year Sentence Montenegrin Court Decides to Extradite to the U.S. "Up to 40 years in Korea and over 100 years in the U.S." FTX Founder Sentenced to 115 Years in Prison FTX founder Do-hyung Kwon, who is being held in Montenegro on charges of coin fraud after the Tera-Luna crash shook the virtual asset (cryptocurrency) market, has been extradited to the United States. While Kwon has three days to appeal the decision, it has been argued that he could face more than 100 years in prison if his extradition is confirmed. -
U.S. Issues Direct Warning to Russia: No Space Nuclear Weapon Deployment It is reported that the United States has directly warned Russia to stop deploying nuclear weapons capable of striking satellites. This shows that the US and its allies are committed to preventing Russia from deploying nuclear weapons in space. The U.S. and Russia are said to be in violation of the UN Outer Space Treaty... -
Nvidia's Earnings Blast Through Expectations: S&P 500 Hits All-Time High NEW YORK (Reuters) - U.S. stocks rallied strongly on Wednesday (Nov. 22), with artificial intelligence (AI)-related stocks rallying after U.S. chipmaker Nvidia reported "surprise earnings".The Dow Jones 30 Industrial Average closed above the 39,000 mark for the first time ever, while the Standard & Poor's 500 Index surged to a record high, its biggest gain since January last year.In New York, the Dow closed at 39,069.11, up 456.87 points, or 1.18 percent, from its previous close. The S&P 500 index closed up 105 points, or 1.18 percent, at 39,069.11... -
U.S. Escalates Trade War, Orders Export Bans on Semiconductor Components to China's SMIC The United States has suspended semiconductor supplies to Chinese smartphone maker Huawei and is also tightening export restrictions on Chinese semiconductor maker SMIC. This has prompted dozens of U.S. component companies, including U.S. semiconductor materials companies, to stop exporting to China... -
China's Complex Sentiments Towards Mexico: Balancing Act Between Trade Partner and Immigration Woes Hong Soondo, Beijing Correspondent, AsiaToday = China's love-hate relationship with Mexico has been analyzed as a love-hate relationship. This is because while Mexico has recently emerged as a staging ground for bypassed exports to the U.S., which has helped Beijing considerably, the U.S.-Mexico border is also a highly publicized conduit for illegal immigration of its own citizens to the U.S. Diplomatic sources in Beijing cited the 23rd as a distribution route for the drug fentanyl, which is plaguing the United States. The raw material for the drug, produced in China, enters the U.S. through Mexico. Moreover, the two countries have grown closer in recent years, with China actively utilizing Mexico as a staging ground for bypassing exports to the United States. As of last year, the value of Chinese goods exported to Mexico increased by a whopping 30 percent from the previous year. Industry insiders said that most Chinese goods are either further processed in factories across Mexico or "labeled" into finished products before being exported to the U.S. overland. The U.S.-Mexico-Canada Agreement (USMCA), which offers broad tariff reductions... -
Odysseus Lands on Moon's South Pole: A Giant Leap for Private Space Exploration Odysseus lands at 'Malapert A' on the south pole of the moon Launched on Friday aboard a SpaceX Falcon 9...will enter orbit on Nov. 21 NASA plans to use data for 'Artemis' project A lunar lander developed by private US space company Intelligent Machines has successfully landed near the south pole of the moon. This makes the United States the first country to successfully land on the moon in half a century... -
Putin's Love Life: Rumors Swirl of Romance with Woman 32 Years Younger Russian President Vladimir Putin is allegedly in a relationship with a woman 32 years his junior. The New York Post reported on Nov. 19 (local time) that Putin and Ekaterina Katya Mizulina, the head of the Safe Internet League, have been getting closer lately. Missoulina is a British-born art historian who heads the Safe Internet League, a quasi-governmental organization that helps Russia with censorship. She is the daughter of Elena Mizulina, a pro-Putin hardline Russian lawmaker... -
North Korean Hackers Strike Again: Supreme Court Server Under Siege Police have seized the Supreme Court's server to investigate the suspected hacking of South Korea's judicial computer network by a North Korean hacking group. Suspicions were raised after an analysis showed that the malware was similar to the North Korean hacking group... -
Starbucks in China Introduces Pork-Flavored Latte for Chinese New Year Celebration Starbucks in China has launched a pork-flavored latte for the Chinese New Year. The drink, which comes with pork slices and sauce, has been a hit on Chinese social media. Some consumers have pointed out that the price is high... -
Netflix's 'A Killer Paradox' Stuns Globally, Hits Number One Spot 'Murderer's Riddle' tops Netflix's global chart, continuing the hot interest in K-content. According to Netflix on the 21st, the original series 'Murderer's Riddle' (directed by Lee Chang-hee) ranked first in the non-English TV category with 5.5 million viewers and 39.5 million watch hours from the 12th to the 18th. It also ranked in the top 10 in 43 other countries, including France, Morocco, Hong Kong, and the Philippines... -
SpaceX Secures $1.8 Billion Classified Contract with U.S. Intelligence, Military SpaceX, the space company founded by Tesla CEO Elon Musk, is stepping up cooperation with U.S. security agencies, according to reports.The Wall Street Journal (WSJ) reported on Tuesday (local time) that the company has signed a classified contract worth $1.8 billion (about 2.4 trillion won) with the U.S. government for 2021. The WSJ added that it confirmed the contract with documents it obtained. In the document, SpaceX said it expected funding from the U.S. security contract to make up a significant portion of the company's revenue in the coming years. The document did not name the government agency.WSJ reports that ".... -
U.S. Backs Japan's Diplomatic Overture to North Korea Amidst Tensions The United States says it supports diplomacy with North Korea, as North Korean leader Kim Jong Un and party vice-chairwoman Kim Yo Jong send positive signals about contact with Japan. -
Putin Denies US Claims of Russian Space Nuclear Weapons Deployment "Developing the ability to destroy satellites with nuclear weapons in space" Putin dismisses "no plans to deploy nuclear weapons in space" The United States has informed its allies that Russia may deploy nuclear weapons or simulated warheads in space as early as this year. Russian President Vladimir Putin has dismissed the claims, saying he is "opposed to the deployment of nuclear weapons in space." Russia is developing the ability to destroy satellites with nuclear weapons from space bases, Bloomberg reported Tuesday, citing sources... -
National Intelligence Chief Warns of Growing Cyber Threats from North Korea National Intelligence Chief Cho Tae-yong emphasized the nation's response to cyber threats at the 20th anniversary of the National Cybersecurity Center, saying that the attack methods of threat forces, including North Korea, are becoming more complex... -
MS Bing Sparks Outrage by Referring to Dokdo as 'Takeshima - An Island in the Sea of Japan' Controversy arose in the U.S. when Dokdo was introduced as a Japanese island in MS Bing's search results, while in Korea, Dokdo was searched in Korean. The fact that Dokdo is Korean territory and not a disputed area was emphasized... -
BYD's Aggressive Pricing Strategy Triggers Price War Among Chinese Electric Vehicle Makers BYD, China’s largest electric vehicle brand, has reignited the price war by launching an electric vehicle that is cheaper than internal combustion engines. As the Spring Festival holiday, the traditional off-season of the Chinese auto market, ends, companies are expected to secure market share aggressively through price reductions. On the 21st, China’s Jiemian newspaper reported, […] -
Korean Semiconductors Caught in the Middle: Facing Pressure from U.S., China, and Japan With US President Joe Biden's visit to South Korea, the semiconductor industry is facing the challenge of securing competitiveness. The U.S. and Japan are expanding with software competitiveness and subsidies, and China is also looking for a way out of the U.S.'s grasp. -
North Korea Removes 'Unification' from Pyongyang Subway Station Name The Russian Embassy in Pyongyang has changed the name "Unification Station" to simply "Station" on a subway line in the capital, Pyongyang, as North Korea embarks on a massive "erasure of the South."The Russian Embassy in Pyongyang posted on Facebook on Tuesday that embassy staff had toured the Pyongyang subway system, along with photos of the tour.A photo of the route map on a monitor in the Pyongyang subway showed that "Unification Station," located between the Seungri and Yeonghwa stations on the Cheonryima line, was simply labeled "Station."... -
Examining North Korea's Potential 7th Nuclear Test: Perspectives and Predictions Opinions on the timing of the nuclear test are “divided”Possibility of a 7th nuclear test before or after the U.S. presidential election in NovemberIt seems North Korea has achieved miniaturization and lightweightningWhether to test multi-warheads in the 7th nuclear test attracts attention Russia is making a fuss over North Korea’s potential 7th nuclear test. According […] -
China's Entry into the Global Passenger Aircraft Market, Challenging Boeing and Airbus China has thrown down the gauntlet in earnest to the global airliner market, which is dominated by Boeing and Airbus. It is expanding its exports with two mid-size and small airliners, and is expanding the scope of its operations by participating in the air show in Singapore. It has received a whopping 1061 orders from its home country alone. "China's first indigenously produced medium-sized passenger plane, the C919, made its debut at an international air show, attracting attention," according to China's Xinhua News Agency and Hengguoshibo on Tuesday. "It is participating in an air show at Singapore's Changi International Airport."
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