$5.9 Billion Dividends Repatriated from Overseas Subsidiaries for Electric Vehicle Investments

June 12, 2023 – Hyundai Motor Group, the South Korean automotive conglomerate, has recently announced its plans to tap into the reserves of its overseas subsidiaries to ensure essential financial resources for expanding investments in the domestic electric vehicle (EV) sector. In particular, Hyundai Motor aims to increase the dividends from select overseas subsidiaries by…

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ChatGPT Emerges as Top AI Tool in Global Workplaces, India Leads the Way

March 10, 2025 – According to a recent study conducted by DeskTime between January 2023 and December 2024, ChatGPT remains the most widely used artificial intelligence (AI) tool in the global workplace, with its adoption rate continuously increasing. The research, which encompassed 97 companies and 2385 employees, gathered data through a time-tracking tool. Findings indicate…

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Elon Musk Hits New High: Net Worth Surpasses 360Billion,Up130 Billion This Year

December 8, 2024 – According to the Bloomberg Billionaires Index, as of December 6th local time, Elon Musk, the CEO of Tesla and the world’s richest person, has amassed a net worth exceeding 360billion.Thisfigureplaceshim122 billion ahead of the second-richest individual, Amazon founder Jeff Bezos, and represents a staggering increase of $133.3 billion since the start…

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Transforming Sofa Design: IKEA’s AI-Powered Revolution

June 20, 2023 – Rethinking Sofas: IKEA’s AI-Driven Sustainable Design Revolution In a bold move towards revolutionizing traditional sofa design, Swedish home furnishing giant IKEA, through its research and design laboratory SPACE10, has recently unveiled their next-generation sofa crafted entirely by AI. This groundbreaking project, a collaborative effort between SPACE10 and design firm Panter&Tourron, aims…

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