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Merry Gel Sigui

Merry Gel Sigui
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A multimedia journalist focused on producing articles about controversial global issues specifically on business, economy, politics, and technology. A strong believer in freedom of the press and exposing the wrong. only through engagement and communications can we as humans evolve. An accredited member of a leading local broadcast media organization.

China’s new investment law: yay or nay?

China's new Foreign Investment Law removes barriers for financial firms, promises more market access for foreign companies across manufacturing and service sectors, signaling significant economic policy shift.

Furniture company IKEA to pay $46 Million settlement to family of...

IKEA has agreed to pay $46 million to the family of Jozef Dudek, a 2-year-old boy who died in 2017 when an unsecured dresser tipped over, causing fatal neck injuries. The lawsuit highlighted the company's failure to ensure product stability and wall-mounting safety for furniture.

Facebook bans deceptive, modified media

Facebook's Global Policy Management President Monika Bickert announced the platform will remove modified media intended to mislead users, targeting two categories of deceptive content: deepfakes that alter speech and AI-generated videos that appear authentic.

TV makers stun CES 2020 with super HD units

At CES 2020, top TV makers like LG, Samsung, Sony, and TCL unveiled cutting-edge televisions featuring high-definition displays, AI technology, integrated voice assistants, and smart device control, targeting internet-savvy consumers with enhanced multimedia experiences.

Australia’s bushfires hit businesses leading to more than $2 billion economic...

Australia's bushfires have triggered a massive economic crisis, with businesses facing over $2 billion in damages. Tourist parks, factories, and infrastructure have been severely impacted, while smoke haze reduces national productivity and forces residents and tourists away from affected regions.

Prices of crude oil soar after Iran’s missile attacks on US...

Following the US drone strike that killed Iranian commander Qasem Soleimani, Iran retaliated by firing over 12 ballistic missiles at American airbases in Iraq. The incident triggered a significant rise in crude oil prices, reaching $65.65 per barrel, amid growing concerns about potential disruptions in Middle East oil supplies.

Money trader Travelex down after getting victimized by cyberattack

London-based foreign exchange company Travelex was hit by a ransomware attack on New Year's Eve, forcing global system shutdowns. Cybercriminals demanded $3-6m ransom, threatening to sell client data. Major business partners like HSBC, Asda, and Virgin Money were affected, leaving customers unable to access funds.

Hyundai to produce flying taxis for Uber

Hyundai Motor Company is collaborating with Uber Elevate to produce electric vertical take-off and landing vehicles (eVTOL). These four-passenger flying taxis aim to transform urban mobility, offering a 15-minute journey for a 50-mile trip, significantly reducing travel time compared to traditional ground transportation.

A “Prototype City of the Future” will rise in Japan, says...

Toyota Motor Corporation is transforming a 175-acre former car factory into the "Woven City," a cutting-edge urban laboratory powered by hydrogen fuel cells. CEO Akio Toyoda envisions a future community of 2,000 residents, featuring three distinct road types and advanced autonomous vehicle technology at the base of Mount Fuji.

China and Russia scolded by the US for failure to condemn...

The United States criticized China and Russia for preventing a UN Security Council statement condemning the recent attack on the American Embassy in Baghdad. Despite 27 nations censuring the incident, China and Russia allegedly coordinated to block the condemnation, which the US claims undermines the council's credibility.
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