Merry Gel Sigui
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.
Tesla’s market value surpassed Ford’s and General Motors’
Electric car manufacturer Tesla's market capitalization reached $89 billion, exceeding the combined value of Ford and General Motors, driven by significant vehicle production and rising stock prices.
China’s new investment law: yay or nay?
China's new Foreign Investment Law (FIL) launched on January 1 aims to equalize treatment for foreign businesses, reducing market entry barriers and promising increased access for international companies across manufacturing and financial service sectors.
Furniture company IKEA to pay $46 Million settlement to family of...
In a tragic settlement, IKEA agrees to pay $46 million to the family of Jozef Dudek, a 2-year-old boy who died when an unstable dresser tipped over, causing fatal neck injuries. The lawsuit highlights the critical need for secure furniture design and wall anchoring to prevent child accidents.
Facebook bans deceptive, modified media
Facebook's Global Policy Management President Monika Bickert announced the removal of deceptive images and videos designed to mislead users, targeting content that artificially alters visual media to create false narratives.
TV makers stun CES 2020 with super HD units
At CES 2020, TV manufacturers unveiled cutting-edge televisions with AI technology, voice assistant integration, and smart home control features. Brands like LG, Samsung, Sony, and TCL presented innovative high-definition models designed to appeal to tech-savvy consumers.
Australia’s bushfires hit businesses leading to more than $2 billion economic...
Australia's summer bushfires have wreaked economic havoc, destroying infrastructure and forcing businesses like resorts and tourist parks to face significant financial losses. The fires in New South Wales and Victoria have disrupted mobile signals, electricity, and national productivity, with smoke haze creating additional challenges for key cities.
Prices of crude oil soar after Iran’s missile attacks on US...
Following the US drone strike that killed Iran's top commander Qasem Soleimani, Iran launched missile attacks on US bases in Iraq. The incident triggered a 4.5% increase in crude oil prices to $65.65 per barrel, with global markets showing heightened concern about potential disruptions in Middle East oil supplies.
Money trader Travelex down after getting victimized by cyberattack
London-based Travelex was targeted by Sodinokibi ransomware gang on New Year's Eve, demanding $3-6m for system and database retrieval. The cyberattack caused widespread disruption, leaving customers unable to access funds through Travelex and its partner businesses.
Hyundai to produce flying taxis for Uber
Hyundai Motor Company is collaborating with Uber Elevate to mass-produce four-passenger aerial taxis. These electric vertical take-off and landing vehicles aim to reduce travel time, completing a 50-mile trip in just 15 minutes compared to a 2-hour car journey.
A “Prototype City of the Future” will rise in Japan, says...
Toyota Motor Corporation plans to transform a 175-acre former car factory into a "Prototype City of the Future" called Woven City. Located at the base of Mount Fuji, this innovative project will house 2,000 people and serve as a laboratory for autonomous vehicles and sustainable technologies.
