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Realme to Become Subbrand of Oppo in Major Smartphone Restructuring
SHANGHAI, January 7, 2026 – Chinese smartphone manufacturer Realme announced that it will be integrated into Oppo as a subbrand, a move designed to streamline operations, pool resources, and reduce costs across the companies. The decision brings Realme closer to its corporate sibling, Oppo, as both brands are owned by BBK Electronics, the Chinese consumer
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BlueScope Steel Rejects $9 Billion Takeover Bid, Calls Offer “Undervalued”
SYDNEY, January 7, 2026 – BlueScope Steel (BSL.AX) has officially rejected a $A13.2 billion ($8.92 billion) takeover proposal from SGH (SGH.AX) and U.S.-based Steel Dynamics (STLD.O), saying the offer significantly undervalues the Australian steelmaker and accusing the bidders of attempting to acquire the company “on the cheap.” The announcement comes shortly after BlueScope shares closed
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Samsung Electronics to Repurchase $1.73 Billion of Shares for Employee and Executive Compensation
Samsung Electronics to Repurchase $1.73 Billion of Shares for Employee and Executive CompensationSEOUL, January 7, 2026 – Samsung Electronics (005930.KS) announced on Wednesday that it plans to acquire 2.5 trillion won ($1.73 billion) worth of its own shares as part of an employee and executive compensation program, marking one of the largest buybacks for incentive
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Crude Oil Prices Fall as Global Market Volatility Rises Amid Venezuela and China Tensions
Crude oil prices continued their decline on Thursday, January 7, 2026, as global markets reacted to heightened geopolitical tensions in Venezuela and China. The fall in oil prices coincided with a retreat in Asian shares and mixed movements in other major global markets, highlighting investors’ growing caution in the face of political upheaval and uncertain
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Ofcom Investigates Elon Musk’s Grok AI Over Sexualized Images of Women and Children
The UK regulator Ofcom has launched an urgent investigation into Elon Musk’s AI tool, Grok, following reports that it can be used to produce sexualized images of women and children without consent. The probe comes amid growing concerns over AI deepfakes and nudification tools on social media platforms. According to Ofcom, Grok, a free AI
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UK Government Demands Elon Musk’s X Address ‘Appalling’ Grok AI Deepfakes
The UK government has called on Elon Musk’s X platform to urgently tackle the use of its AI chatbot, Grok, in generating non-consensual sexualized images of women and girls. Technology Secretary Liz Kendall described the situation as “absolutely appalling”, emphasizing that such content is degrading and must be prevented. The issue came to light after
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Hyundai to Deploy Human-Like Robots in Factories by 2028
Hyundai Motor Group has announced plans to introduce human-like robots across its factories by 2028, signaling a major push toward automation and AI-driven manufacturing. The announcement was made during the Consumer Electronics Show (CES) in Las Vegas, where Hyundai showcased Atlas, a humanoid robot developed by Boston Dynamics, in which Hyundai holds a majority stake.
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Nvidia Unveils Self-Driving Car Platform Alpamayo, Pushing AI into Physical Products
Nvidia has officially entered the self-driving car market with the unveiling of its new AI platform, Alpamayo, at the CES technology conference in Las Vegas. The chip-making giant, led by CEO Jensen Huang, aims to extend the company’s influence from AI computing into physical products, including autonomous vehicles. Speaking to hundreds of attendees at CES,
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Venezuelan Security Forces Detain Journalists Amid Political Turmoil
At least 14 journalists, mostly working for foreign news organizations, were detained in Venezuela on Monday while covering events following a dramatic US operation that seized Venezuelan leader Nicolás Maduro. The journalists were held by Venezuelan security forces at the National Assembly, Altamira, and the Colombia-Venezuela border, before most were released. One journalist, however, was
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US Cuts Universal Childhood Vaccine Recommendations, Including COVID and Hepatitis
The United States has overhauled its childhood vaccination guidelines, reducing the number of diseases for which vaccines are universally recommended from 17 to 11. The Centers for Disease Control and Prevention (CDC) announced the new recommendations on Monday, a move that has sparked both praise and criticism from public health experts, pediatricians, and lawmakers. Under
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