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AST SpaceMobile: $206 Million Investment

AST SpaceMobile is a satellite manufacturer that is looking to build a cellular broadband network that will be primarily located in space. The company was founded in 2017, with its headquarters in Texas, USA. In 2022, AST SpaceMobile launched a prototype satellite that currently boasts of being the largest communication array in the low earth…

LG: First EV Charging Facility

LG Electronics Inc. is a multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a subsidiary of LG Corporation. The subsidiary was founded in 1958 as GoldStar. LG has announced the launch of its first Electric Vehicle charging facility in Texas, USA. The new EV Charging facility spans across 100,000 square feet…

Mindless Storms Sweep Across the US

The Eastern region of the United States has been hit by a series of powerful winter storms, which have led to 3 fatalities and severe damage to homes and infrastructure. According to the report, 12 tornadoes have been reported in Florida, Alabama, and Georgia, causing significant damage and leading to search and rescue operations. Due…

Texas: 21 Injured in Hotel Explosion

Texas is a state in the South Central region of the United States, with a population of 30.5 million residents as of 2023. It is the second-largest U.S. state by area after Alaska. Texas is bordered by Louisiana, Arkansas, Oklahoma, and New Mexico. Fort Worth is the 5th-most populous city in the state of Texas…

USA: Spacecraft Launch to the Moon

Astrobotic Technology is a private company founded in 2007 that specializes in developing space robotics technology for planetary missions. With its headquarters in Pennsylvania, USA, the company has been contracted by the National Aeronautics and Space Administration (NASA) to deliver the agency’s experiment materials to the moon ahead of its future manned explorations. According to…

Audacy Files for Bankruptcy

Audacy, Inc. is an American broadcasting company, founded in 1968 as Entercom Communications Corporation, with headquarters in Philadelphia, Pennsylvania. It is the second-largest radio company in the United States, boasting of about 235 radio stations across 48 media markets. According to reports, Audacy recently filed for Chapter 11 bankruptcy, citing approximately $1.9 billion in debt,…

Nippon Steel: $14.1 Billion US Steel Deal

Nippon Steel Corporation is Japan’s largest steelmaker, founded in 1950 and headquartered in Chiyoda, Tokyo. The company has four business segments, including steelmaking, engineering, chemicals, and system solutions. It is the largest producer of crude steel in Japan and the third largest in the world. According to reports, Nippon Steel has agreed to acquire US…

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