AI, War & conflict, Business
688 storiesHouthis claim missile and drone strike on Aramco targets in Riyadh
Yemen's Houthi armed forces said they used ballistic missiles and drones to strike Saudi Aramco targets in Riyadh on the evening of 3 October, in response to Saudi airstrikes on Sanaa and other parts of Yemen. The statement said the operati…
Explosions hit Kyiv-controlled Zaporizhzhia; bridge over Dnipro damaged
Explosions were heard in Zaporizhzhia, the city TASS describes as under Kyiv's control. TASS reported that an explosion damaged a bridge over the Dnipro and that traffic across it was temporarily halted. RIA Novosti reported only that explo…
Houthis claim missile and drone strikes on two Saudi Aramco sites
Yemen's Houthis said they struck Saudi Aramco facilities in Riyadh and in the Khurais area with ballistic missiles and drones, with spokesman Yahya Saree saying both operations were successful and caused large fires. Kommersant reported tha…
JR East to start teppay code payment in Mobile Suica on Oct 20, raising limit to ¥300,000
JR East said teppay, a code payment service added to the Mobile Suica app, will start on Oct 20 from 11:00, allowing purchases above Suica e-money's ¥20,000 ceiling and transfers of balance between users. Identity verification with a My Num…
Pentagon withdraws all bombers from UK's RAF Fairford after suspected terror plot
The Pentagon said all U.S. bombers deployed to Royal Air Force Fairford in England have returned to their home stations in the United States, after a suspected terror plot against the base; the New York Times reported the withdrawal followe…
Saudi-led coalition says it intercepted Houthi missile aimed at Khamis Mushait
The Saudi-led coalition said it intercepted and destroyed a ballistic missile that Yemen's Houthis fired toward Khamis Mushait, a city in southwestern Saudi Arabia. Coalition spokesman Turki al-Maliki said Houthi-held Sanaa and the province…
South Korea military blames North Korean DMZ mines for injuries, clears site
South Korea’s Joint Chiefs of Staff said on Oct 5 that its final investigation concluded a mine explosion on the western front DMZ that injured soldiers was caused by North Korean mines laid south of the Military Demarcation Line. The milit…
Paramount closes Warner Bros. Discovery takeover, creating Skydance
Paramount Skydance closed its acquisition of Warner Bros. Discovery on Tuesday, creating a company named Skydance led by CEO David Ellison and co-CEO Ynon Kreiz. The merged company brings CNN, CBS News, HBO Max and Paramount+ under one roof…
Paramount Skydance completes $110bn Warner Bros. Discovery takeover
Paramount Skydance said on October 6 that it has completed its acquisition of Warner Bros. Discovery in a deal valued at about $110 billion (roughly ¥17 trillion). The combined company will be named Skydance and will hold two Hollywood film…
Yemeni government announces “liberation war” offensive against Houthi forces
Yemen's government announced on October 4 the launch of a military operation against the Houthi movement, with army spokesman Majid al-Nuzaili calling it a “liberation war” to recover all national territory and offering pardons to Houthi fi…
Russian Defense Ministry says troops took Samoilovka in Zaporizhzhia region
Russia's Defense Ministry said on Monday that units of the “Vostok” group of forces took control of the village of Samoilovka in the Zaporizhzhia region. The ministry said the capture expands the group's capabilities and creates a bridgehea…
Shinsegae invests $1bn in Warner Bros. deal as Paramount completes takeover
Shinsegae Group said its unit Shinsegae Property will invest $1bn (about 1.4 trillion won) in the takeover of Warner Bros. led by Paramount Skydance, alongside David Ellison and US investment firm RedBird. Paramount completed the acquisitio…
Yemen government forces say they secured Bab el-Mandeb after Houthi counteroffensive
Yemen's government forces said on Oct 5 that they had secured the Bab el-Mandeb strait, a day after Rashad al-Alimi declared the start of a military operation to retake territory held by the Iran-aligned Houthis. Government forces said they…
LG Electronics signs 5GW AI data center cooling supply deal in North America
LG Electronics said its US subsidiary signed a long-term supply agreement with North American infrastructure platform company AIR Control Concept to provide chillers and other cooling solutions for a total of 5GW of AI data centers. The com…
Nvidia CEO's son-in-law Nico Caprez rises to vice president, reports say
Nico Caprez (35), the son-in-law of Nvidia CEO Jensen Huang, has become vice president for global AI infrastructure growth, according to a report by The Information on Oct. 5 that Yonhap and the Kyunghyang Shinmun relayed. He was promoted i…
Saudi Arabia, Turkey and Pakistan agree to activate collective defence against Houthis
Turkey, Pakistan and Saudi Arabia decided at an emergency meeting in Riyadh on 5 October to activate collective defence measures under a pact they signed in August, confirming they would deploy their forces inside Saudi territory. The three…
Lotte Department Store foreigner sales top 1 trillion won, first in industry
Lotte Department Store said its cumulative foreigner sales this year passed 1 trillion won on the morning of Oct 6, the first time a Korean department store has reached that level in a year. The company said it had already surpassed last ye…
Korean brokerages raise Cosmax target prices on expected Q3 earnings beat
Two Korean securities firms raised their target prices for cosmetics maker Cosmax on Oct 7, saying third-quarter results should come in above market consensus. Hana Securities lifted its target to 380,000 won from 305,000 won, and Daol Inve…
Paramount completes acquisition of Warner Bros. Discovery, reports say
Paramount has completed its acquisition of Warner Bros. Discovery, according to reports cited by Chinese business outlets CLS and Yicai. The deal followed a months-long contest in which Ellison submitted nine bids and beat rival Netflix, an…
Turkey, Pakistan to send forces to Saudi Arabia as Houthi strikes widen
Turkey and Pakistan said they will provide agreed military forces and take steps to deploy them rapidly to Saudi Arabia, after an emergency meeting in Riyadh on Oct. 5, in the first activation of the Mecca Joint Defense Agreement signed on …