Korean Aerospace Industries Advances FA-50 Export to Colombia with Sales Promotion Agreement The Korean Aerospace Industries (KAI) FA-50 light attack aircraft has taken another step closer to being exported to Colombia. The export competitiveness has been strengthened by signing a sales promotion agreement with Colombia. According to the industry, on the 19th, KAI is expected to win the contract for the Colombian Air Force’s project to replace […]
Hyundai Ioniq 6 Named 2023 CleanTechnica Car of the Year, Beats Competitors Beating four competitors, including Mercedes-Benz EQE Hyundai’s exclusive electric sedan model, the Ioniq 6, has won the final champion title at “Best of the Year” conducted by CleanTechnica, a U.S. specialist electric car media outlet. According to CleanTechnica, on the 15th, the Hyundai Ioniq 6 was selected as the “2023 CleanTechnica Car of the Year”. […]
From UC Berkeley to Billionaire: How Masayoshi Son Built His $15.1 Billion Empire SoftBank CEO Masayoshi SonUK’s Arm stock price surgeAssets increase by $3.8 billion There is a corporate executive whose assets have soared by 5 trillion won due to the sharp rise in the stock price of Arm, a UK semiconductor design company. Bloomberg reported on the 13th that “With the surge in Arm’s stock price, the […]
Tesla's Big Move: World's Largest Supercharger Station Coming to California Tesla plans to construct the world’s largest new Supercharger station. This is an area Tesla is focusing on, along with its continuous investment of billions of dollars in computing performance to support the possibility of operating RoboTaxis in North America by 2024 and AI initiatives. Tesla owns the best charging network, the Supercharger network, and […]
Rivian Rolls Out Budget-Friendly Battery Options for R1T and R1S U.S. electric vehicle startup Rivian announced it will provide two new budget-friendly battery options for its R1T electric pickup truck and R1S electric SUV (pictured above). The battery capacities are 106 kWh and 121 kWh, respectively. So far, Rivian has offered two options: a large battery with a capacity of 135 kWh and a max […]
Tesla Loses Crown: BYD Overtakes as Global Electric Vehicle Sales Leader On January 3rd, as the New Year began, several media outlets reported Tesla’s fall from the top spot in global electric vehicle sales with headlines like “Tesla Steps Down from No. 1 for Global EV Sales.” According to reports, Tesla’s global sales from October to December 2023 were just over 480,000 units. China’s BYD sold […]
Canadian Choice: Genesis G80 and GV70 Win Big in Electric Vehicle Showdown Electrified models of Genesis brand (from now on Genesis) have risen to the top in the Canadian automobile market. Genesis announced on the 16th that the G80 electrified full-size sedan model was selected as the ‘2024 Canadian Electric Car of the Year and the GV70 electrified mid-size SUV model as the 2024 Canadian Electric Utility […]
Hyundai's Santa Fe: The Driving Force Behind Social Media Buzz Hyundai Motor Company has created unique social media content based on collaborations with brands like Adobe to market its new Santa Fe model. Thanks to the unique content, which vividly reflects each brand’s characteristics, this achieved better results than traditional advertisements on broadcast and radio legacy media. According to Hyundai Motor America (HMA), on the […]
GM CEO Mary Barra Reveals Strategy to Overcome 2024 Hurdles GM's CEO Mary Barra at the Wolff Research Global Auto Conference in New York City on February 15, 2024, where she said this year's challenges include resetting EV production,.
Blackstone Brews Up Investment in Drive-Through Coffee Sensation The world’s largest private equity firm, Blackstone, has invested in the drive-thru coffee brand 7 Brew. Blackstone anticipates this investment to accelerate 7 Brew’s business expansion. Blackstone announced on the 14th (local time) that Blackstone Growth and its affiliated funds have made a growth equity investment in 7 Brew, but the exact size of the […]
Crypto Surge: Bitcoin Rockets to $52,000—Is Now the Time to Invest? The price of Bitcoin has soared, breaking through $52,000. As of 7:23 PM on the 15th, according to CoinMarketCap, the price of Bitcoin is $52,284.26, up 1.94% from 24 hours ago. It’s also strong in South Korea. Currently, Bitcoin is trading at $53,483.99 on the virtual asset exchange UPbit and has surpassed $53,000 at $53,450.67 […]
Volkswagen Strengthens Technical Development Board in China On January 29, 2024, Volkswagen Group announced that it is strengthening its Technical Development Board function in China as part of its “In China, for China” strategy. Thomas Ulbrich (pictured above), a former Member of the Board of Management of the Volkswagen Brand for “New Mobility,” will head up Technical Development for the Group in […]
Airbnb Surpasses Revenue Expectations, Eyes AI-Powered Innovations Airbnb, Inc. (ABNB) exceeded revenue expectations for the fourth quarter, but its net loss widened. ABNB’s revenue for the last quarter of last year was $2.22 billion, up 16.6% from the previous year, and adjusted EBITDA increased by 46% to $738 million, surpassing the consensus. The adjusted net income recorded $489 million. However, the net […]
BMW's Cloud Server Slip-Up: Internal Data Exposed in Security Breach German car manufacturer BMW’s sensitive internal information stored on a cloud storage server was found to be exposed on the internet. BMW has responded, stating that no personal information was leaked. American IT specialist media TechCrunch reported on the 15th (local time) that BMW’s cloud storage server, built on Microsoft Azure, was exposed on the […]
U.S. West Coast Port Workers Sue Pacific Maritime Association Over COVID-19 Rights Western U.S. port workers filed a lawsuit against the Pacific Maritime Association (PMA). They brought a class-action lawsuit citing non-payment of sick leave and discrimination against pregnant employees during the COVID-19 pandemic. According to “The Loadstar,” a U.S. freight and logistics industry specialist publication, on the 15th, the International Longshore and Warehouse Union (ILWU) filed […]
Kia Sportage Sales Soar: Over 150,000 Units Sold in Europe Last Year Exceeded 150,000 units per year for the first timeImpact of hybrid model popularity to be released in 2021Kia “Expands the proportion and production capacity of eco-friendly vehicles in Europe” Kia set a new record last year by selling over 150,000 units of its compact SUV, the Sportage, in Europe. As the popularity of eco-friendly hybrids […]
Bitcoin Surges Above $52,000, Hits $1 Trillion Market Cap The current price of Bitcoin has exceeded about $52,000 (based on the Upbit exchange), pushing its market capitalization to over $1 trillion. According to the virtual asset (cryptocurrency) statistics site CoinGecko, at 9:50 AM on the 15th, Bitcoin was traded at $52,361.74, a 5.8% surge from the previous day’s average price on significant exchanges. Ethereum […]
Japan's Semiconductor Sales Soar as China Shifts Focus Amid US Sanctions Last year, the proportion of sales to China of Japanese semiconductor equipment manufacturers saw a drastic increase. This is interpreted as Japanese companies reaping indirect benefits as China, unable to import advanced process equipment due to US-led semiconductor export controls, focuses on developing legacy (old model, 28nm or above) semiconductors. According to Bloomberg on the […]
Uber Sees Significant Growth in Mobility and Delivery Demand, Exceeding Third-Quarter Expectations Uber’s quarterly results have exceeded consensus. Uber’s third-quarter Gross Bookings reached $37.6 billion, a 22% increase from the previous year, which aligns with the guidance of $36.5 billion to $37.5 billion in the last quarter. Adjusted EBITDA was $1.28 billion, a 93% increase from the previous year, exceeding the guidance of $1.18 billion to $1.24 […]
Amazon's Record Earnings in 2023 Propelled by Strong Fourth-Quarter Results Amazon (AMZN) recorded its highest annual performance last year, propelled by strong fourth-quarter results. Amazon’s net sales for the fourth quarter were $169.9 billion, a 13.9% increase from the previous year. The company’s operating profit also saw a significant surge of 382.6% to $13.2 billion in the prior year. In the fourth quarter, the company […]
Korean Aerospace Industries Advances FA-50 Export to Colombia with Sales Promotion Agreement The Korean Aerospace Industries (KAI) FA-50 light attack aircraft has taken another step closer to being exported to Colombia. The export competitiveness has been strengthened by signing a sales promotion agreement with Colombia. According to the industry, on the 19th, KAI is expected to win the contract for the Colombian Air Force’s project to replace […]
Hyundai Ioniq 6 Named 2023 CleanTechnica Car of the Year, Beats Competitors Beating four competitors, including Mercedes-Benz EQE Hyundai’s exclusive electric sedan model, the Ioniq 6, has won the final champion title at “Best of the Year” conducted by CleanTechnica, a U.S. specialist electric car media outlet. According to CleanTechnica, on the 15th, the Hyundai Ioniq 6 was selected as the “2023 CleanTechnica Car of the Year”. […]
From UC Berkeley to Billionaire: How Masayoshi Son Built His $15.1 Billion Empire SoftBank CEO Masayoshi SonUK’s Arm stock price surgeAssets increase by $3.8 billion There is a corporate executive whose assets have soared by 5 trillion won due to the sharp rise in the stock price of Arm, a UK semiconductor design company. Bloomberg reported on the 13th that “With the surge in Arm’s stock price, the […]
Tesla's Big Move: World's Largest Supercharger Station Coming to California Tesla plans to construct the world’s largest new Supercharger station. This is an area Tesla is focusing on, along with its continuous investment of billions of dollars in computing performance to support the possibility of operating RoboTaxis in North America by 2024 and AI initiatives. Tesla owns the best charging network, the Supercharger network, and […]
Rivian Rolls Out Budget-Friendly Battery Options for R1T and R1S U.S. electric vehicle startup Rivian announced it will provide two new budget-friendly battery options for its R1T electric pickup truck and R1S electric SUV (pictured above). The battery capacities are 106 kWh and 121 kWh, respectively. So far, Rivian has offered two options: a large battery with a capacity of 135 kWh and a max […]
Tesla Loses Crown: BYD Overtakes as Global Electric Vehicle Sales Leader On January 3rd, as the New Year began, several media outlets reported Tesla’s fall from the top spot in global electric vehicle sales with headlines like “Tesla Steps Down from No. 1 for Global EV Sales.” According to reports, Tesla’s global sales from October to December 2023 were just over 480,000 units. China’s BYD sold […]
Canadian Choice: Genesis G80 and GV70 Win Big in Electric Vehicle Showdown Electrified models of Genesis brand (from now on Genesis) have risen to the top in the Canadian automobile market. Genesis announced on the 16th that the G80 electrified full-size sedan model was selected as the ‘2024 Canadian Electric Car of the Year and the GV70 electrified mid-size SUV model as the 2024 Canadian Electric Utility […]
Hyundai's Santa Fe: The Driving Force Behind Social Media Buzz Hyundai Motor Company has created unique social media content based on collaborations with brands like Adobe to market its new Santa Fe model. Thanks to the unique content, which vividly reflects each brand’s characteristics, this achieved better results than traditional advertisements on broadcast and radio legacy media. According to Hyundai Motor America (HMA), on the […]
GM CEO Mary Barra Reveals Strategy to Overcome 2024 Hurdles GM's CEO Mary Barra at the Wolff Research Global Auto Conference in New York City on February 15, 2024, where she said this year's challenges include resetting EV production,.
Blackstone Brews Up Investment in Drive-Through Coffee Sensation The world’s largest private equity firm, Blackstone, has invested in the drive-thru coffee brand 7 Brew. Blackstone anticipates this investment to accelerate 7 Brew’s business expansion. Blackstone announced on the 14th (local time) that Blackstone Growth and its affiliated funds have made a growth equity investment in 7 Brew, but the exact size of the […]
Crypto Surge: Bitcoin Rockets to $52,000—Is Now the Time to Invest? The price of Bitcoin has soared, breaking through $52,000. As of 7:23 PM on the 15th, according to CoinMarketCap, the price of Bitcoin is $52,284.26, up 1.94% from 24 hours ago. It’s also strong in South Korea. Currently, Bitcoin is trading at $53,483.99 on the virtual asset exchange UPbit and has surpassed $53,000 at $53,450.67 […]
Volkswagen Strengthens Technical Development Board in China On January 29, 2024, Volkswagen Group announced that it is strengthening its Technical Development Board function in China as part of its “In China, for China” strategy. Thomas Ulbrich (pictured above), a former Member of the Board of Management of the Volkswagen Brand for “New Mobility,” will head up Technical Development for the Group in […]
Airbnb Surpasses Revenue Expectations, Eyes AI-Powered Innovations Airbnb, Inc. (ABNB) exceeded revenue expectations for the fourth quarter, but its net loss widened. ABNB’s revenue for the last quarter of last year was $2.22 billion, up 16.6% from the previous year, and adjusted EBITDA increased by 46% to $738 million, surpassing the consensus. The adjusted net income recorded $489 million. However, the net […]
BMW's Cloud Server Slip-Up: Internal Data Exposed in Security Breach German car manufacturer BMW’s sensitive internal information stored on a cloud storage server was found to be exposed on the internet. BMW has responded, stating that no personal information was leaked. American IT specialist media TechCrunch reported on the 15th (local time) that BMW’s cloud storage server, built on Microsoft Azure, was exposed on the […]
U.S. West Coast Port Workers Sue Pacific Maritime Association Over COVID-19 Rights Western U.S. port workers filed a lawsuit against the Pacific Maritime Association (PMA). They brought a class-action lawsuit citing non-payment of sick leave and discrimination against pregnant employees during the COVID-19 pandemic. According to “The Loadstar,” a U.S. freight and logistics industry specialist publication, on the 15th, the International Longshore and Warehouse Union (ILWU) filed […]
Kia Sportage Sales Soar: Over 150,000 Units Sold in Europe Last Year Exceeded 150,000 units per year for the first timeImpact of hybrid model popularity to be released in 2021Kia “Expands the proportion and production capacity of eco-friendly vehicles in Europe” Kia set a new record last year by selling over 150,000 units of its compact SUV, the Sportage, in Europe. As the popularity of eco-friendly hybrids […]
Bitcoin Surges Above $52,000, Hits $1 Trillion Market Cap The current price of Bitcoin has exceeded about $52,000 (based on the Upbit exchange), pushing its market capitalization to over $1 trillion. According to the virtual asset (cryptocurrency) statistics site CoinGecko, at 9:50 AM on the 15th, Bitcoin was traded at $52,361.74, a 5.8% surge from the previous day’s average price on significant exchanges. Ethereum […]
Japan's Semiconductor Sales Soar as China Shifts Focus Amid US Sanctions Last year, the proportion of sales to China of Japanese semiconductor equipment manufacturers saw a drastic increase. This is interpreted as Japanese companies reaping indirect benefits as China, unable to import advanced process equipment due to US-led semiconductor export controls, focuses on developing legacy (old model, 28nm or above) semiconductors. According to Bloomberg on the […]
Uber Sees Significant Growth in Mobility and Delivery Demand, Exceeding Third-Quarter Expectations Uber’s quarterly results have exceeded consensus. Uber’s third-quarter Gross Bookings reached $37.6 billion, a 22% increase from the previous year, which aligns with the guidance of $36.5 billion to $37.5 billion in the last quarter. Adjusted EBITDA was $1.28 billion, a 93% increase from the previous year, exceeding the guidance of $1.18 billion to $1.24 […]
Amazon's Record Earnings in 2023 Propelled by Strong Fourth-Quarter Results Amazon (AMZN) recorded its highest annual performance last year, propelled by strong fourth-quarter results. Amazon’s net sales for the fourth quarter were $169.9 billion, a 13.9% increase from the previous year. The company’s operating profit also saw a significant surge of 382.6% to $13.2 billion in the prior year. In the fourth quarter, the company […]
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