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World news
Hyundai Motor to Acquire a Majority Stake in Robotic Firm Boston Dynamics
December 11, 2020 09:57 PM AEDT| By Hina ChowdharySouth Korean carmaker Hyundai Motor Group and its chairman Euisun Chung are set to acquire an 80 per cent stake in US-based robotic design manufacturer Boston Dynamics, owned by Japanese conglomerate SoftBank, for about $736-$828 million. The deal.....
Money doubled! Airbnb (NASDAQ: ABNB) skyrockets on market debut
December 11, 2020 08:33 PM AEDT| By Team Kalkine MediaAirbnb Inc (NASDAQ: ABNB) has entered the capital markets with a bang as the shares of the San Francisco-headquartered online home-sharing platform rallied over 100 per cent upon the stock market debut on Thursday. Airbnb has successfully raised a .....
What is GoFundMe and how does it work?
December 11, 2020 08:02 PM AEDT| By Edita Ivanceviconey is required. Raising money for any occasion is possible on GoFundMe, an online platform where anyone can start a campaign to crowdsource money from strangers. GoFundMe is famous for raising thousands of dollars for those experiencing diffi...
Having charmed Aussies, Shippit sets its eyes on South East Asia
December 11, 2020 04:51 PM AEDT| By Edita Ivancevicthe last 12 months, with plans to further expand to Indonesia and the Philippines. Australians love to shop online. It is fast, easy, and offers a wide variety of products from across the globe. For that reason, Aussies take their shipping servi...
Pfizer’s COVID-19 vaccine receives a go-ahead sign from FDA Expert Panel
December 11, 2020 04:40 PM AEDT| By Team Kalkine MediaIn a significant recent development, the Pfizer-BioNTech coronavirus vaccine gets FDA officials panel's nod for the Emergency Use Authorization (EUA) of the vaccine. The Vaccines and Related Biological Products Advisory Committee (VRBPAC) has endor.....
Airbnb IPO debuts with a bang, share price doubles
December 11, 2020 02:28 PM AEDT| By Team Kalkine MediaIt was a smashing debut for the much-awaited Airbnb IPO. On the first day of its listing, the stock price got more than doubled. The overwhelming response the share received on debut gave the impression that it was an end to Airbnb’s difficul.....
Disney nails another milestone as subscribers soar in number
December 11, 2020 02:26 PM AEDT| By Kunal SawhneyEntertainment giant The Walt Disney Company (NYSE:DIS) is only one year old in the online streaming service business, but the company seems to have left no stone unturned to achieve success. On Thursday 10 December 2020, Disney revealed details of .....
India’s Ambanis top the list of the richest families in Asia
December 11, 2020 02:01 PM AEDT| By Edita Ivancevicg US$76 billion, following with the Kwok, Chearavanont, Hartono, and Lee families. Bloomberg posted the list of the wealthiest families in Asia in early November, where India’s Mukesh Ambani has retained his No. 1 position of September lis...
Making millions through watermelon farming: The incredible journey of Peter Greensill
December 11, 2020 01:35 PM AEDT| By Edita Ivancevicncome. His brothers, Andrew and Lex also contribute to the family business empire. Agriculture and extreme wealth are rarely associated with each other. Waking up early in the morning, spending long hours in the sun, and working hard at farms ar...
A university-dropout billionaire: Who is Melanie Perkins?
December 10, 2020 07:54 PM AEDT| By Edita IvancevicImage Source: Shutterstock Melanie Perkins, a young Perth-born woman, who has studied communications at the University of Western Australia, thought of an idea that in a few years would entirely change her life. As a part of her degree course, Ms P...
Meet Nicholas Molnar, the man behind the Afterpay phenomenon
December 10, 2020 06:39 PM AEDT| By Edita IvancevicSummary According to the Young Australians Rich list, Afterpay CEO Nicholas Molnar is the youngest billionaire in Australian history. His co-project Afterpay has gained national recognition and also expanded to the US market. Mr Molnar’s n...
Why did Kelly Loeffler evade a question during Georgia debate?
December 10, 2020 04:18 PM AEDT| By Edita Ivancevicicials informed of the upcoming pandemic. The DOJ had dismissed those allegations. Republican Senator Kelly Loeffler has come under spotlight after she attempted to steer clear of a question during a Sunday night debate held in Georgia. Loeffle...
In a first, Australia to make Facebook, Google pay for news content
December 10, 2020 03:17 PM AEDT| By Hina ChowdharyOn 8 December 2020, Australia unveiled its plans to make Facebook and Google to pay to the local media outlets for the news content. Australia has become the first country in the world to do so. Treasurer Josh Frydenberg mentioned that the two techn...
DoorDash (NYSE:DASH) makes a smashing debut, shares soar ~86% on day one
December 10, 2020 02:19 PM AEDT| By Team Kalkine MediaOn 09 December 2020, DoorDash made is NYSE debut on New York Stock Exchange, and by the end of the trading session, the shares surged by 85.89%, settling at US$189.51. DoorDash is a technology company that links people with the best in their citie.....
US Government Sues Facebook, Seeks its Breakup
December 10, 2020 12:08 PM AEDT| By Hina ChowdharyThe Federal Trade Commission (FTC) has sued Facebook on antitrust grounds. The investigation into the matter was conducted in coordination with the Attorney Generals of 46 states. They are alleging that the social media giant has engaged in a stra.....
Nestle SA subsidiary to Invest $550 Million For Pet Food Factory’s Expansion in Georgia
December 10, 2020 12:21 AM AEDT| By Team Kalkine MediaIn a move to meet the ever-growing demand for the company’s high-quality and healthy pet care brands, Nestle Purina PetCare, subsidiary of Nestle SA, has decided to invest $550 million for the expansion of its pet food production capa.....
China’s Consumer Prices lowest in more than a decade
December 09, 2020 08:33 PM AEDT| By Team Kalkine MediaChina’s consumer prices went down for the first time in a decade, after pork prices fell courtesy recovery from the last year’s African swine fever. Economists had forecast a flat year-on-year CPI outcome after a 0.5% rise in October. As...
OPEC+ agrees to crank up oil production from January
December 09, 2020 07:59 PM AEDT| By Team Kalkine MediaIn a significant move, OPEC and non-OPEC allies have agreed to raise their oil production starting January, after a meeting on 3 December 2020. The decision came after days of marathon discussions, which were focused on building accord over how to .....
Why is the Aussie film and TV industry soaring high?
December 09, 2020 05:18 PM AEDT| By Edita IvancevicAustralia working on international projects for Hollywood and streaming services. Australia seems to be turning out as a favourite spot for the film industries worldwide as the nation faces high demand for blockbuster locations, courtesy the fl....
Latest Bluetooth upgrade in the NZ COVID Tracer Application (version 3.0) to make contract tracing better
December 09, 2020 03:34 PM AEDT| By Team Kalkine MediaWith Christmas and New Year looming ahead, NZ is making constant efforts to suppress any coronavirus outbreaks in future. The Ministry of Health (NZ) has enhanced its contact tracking skills with the new upgrade in the application. The latest upgr.....
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