The latest installment in the blockbuster Korean franchise, The Roundup: Punishment, has shattered records with its all-time opening day presales in the domestic market. Starring and executive produced by Ma Dong-seok, also known as Don Lee, the crime actioner has generated over 834,000 ticket reservations as of Wednesday morning, representing an impressive 95.5% of all
The former CEO of cryptocurrency exchange Binance, Zhao, is facing potential consequences for enabling money laundering. U.S. prosecutors are pushing for a sentence of 36 months, which is significantly higher than the advisory guidelines. This harsh stance is rooted in the belief that Zhao’s crimes are grave and warrant a more severe punishment to uphold
Xiaomi, a prominent Chinese smartphone company, has recently made a significant impact in the electric vehicle market with its new electric SU7 sedan. The company, led by CEO Lei Jun, announced that they have already received over 70,000 orders for the new EV as of April 20, exceeding expectations and bringing them closer to breaking
Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, is facing a 36-month prison sentence after pleading guilty to violating money laundering laws. This news came after U.S. prosecutors filed a court document recommending the harsh sentence for Zhao. Despite stepping down as Binance’s chief in November and admitting to the violations, Zhao
Jack Dorsey, the founder of Block (formerly Square), has announced that the payments company is taking its bitcoin mining ambitions to the next level. Rather than just focusing on designing chips, Block is now working on developing a full bitcoin mining system. This move comes after the completion of the development of its own standalone
PepsiCo’s quarterly earnings report for this quarter exceeded analysts’ expectations, with both earnings per share and revenue beating Wall Street estimates. Despite facing challenges such as weaker U.S. demand due to Quaker Oats recalls and backlash from higher prices on its products, the company managed to deliver solid results. However, the market response was not
June Zero, the latest creation from writer-director Jake Paltrow and a team of esteemed producers, is gearing up for its theatrical release in various cities across the United States. The film, revolving around the trial and execution of Adolf Eichmann, a key figure in the Holocaust, offers a novel perspective on historical events. With a
General Motors’ stock rose by 4% after posting $2.62 per share on revenues of $43.01 billion for the first quarter. This performance exceeded analyst expectations, which were set at $2.15 per share on revenues of $41.92 billion. Additionally, GM raised its adjusted automotive free cash flow forecast to between $8.5 billion and $10.5 billion, surpassing
The U.S. stock index futures have shown advancement as some growth and chip stocks have gained traction. This positive momentum has been driven by the positive earnings reported across several sectors which have set the tone for big tech earnings later in the week. Megacap growth stocks such as Meta Platforms, Microsoft, and Tesla saw
Recently, UnitedHealth Group disclosed that hackers managed to access health and personal information of a significant number of Americans from its systems in February. This breach occurred at its Change Healthcare unit, which is responsible for processing approximately 50% of medical claims in the United States. The severity of this attack has caused widespread disruption