Economy
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Netflix to spend $2.5 billion on Korean content after ‘Squid Game’ mania
The announcement comes as South Korean President Yoon Suk-yeol is on a six-day visit to the United States.
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Tesla stock price plunges nearly 10% on Musk’s comments
Tesla has already cut prices six times this year, and boss Elon Musk suggested more such moves in the future.
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Yellen says US seeks ‘constructive’ economic ties with China
A growing China is in both countries’ interests, as long as it follows global rules, Yellen says.
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BuzzFeed to close news division and cut staff
In addition to the news division, layoffs would occur in its business, content, technology, and management teams.
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So long Singapore: Expats flee the city as rents soar
The Southeast Asian city-state is losing international talent, as some expats report rent increases of up to 80 percent.
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Tesla profit margins fall on aggressive discounts, shares fall
The Elon Musk-led EV maker has cut prices multiple times since last year, sacrificing profit margins to boost sales.
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Dominion and Fox News Reach $787 Million Settlement in Defamation Case
The voting machine maker had launched a $1.6 billion lawsuit against the news network for its coverage of the 2020…
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Apple bets big in India with the opening of the first flagship store in Mumbai
The opening underscores the tech company’s growing focus on India as a key market and alternative manufacturing hub to China.
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Florida Gov. DeSantis escalates battle with Disney
DeSantis said the US state will void a development agreement Disney had put in place to safeguard its business.
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