Baidu’s $3.6 Billion Joyy Deal Collapses, Dealing a Setback to Live Streaming Expansion Plans
Chinese tech giant Baidu faces a setback in its ambitions to expand its live streaming business in China and diversify revenue streams as it calls off a planned $3.6 billion
Digital Payments Company Square Experiences Outage
Square, the digital payments company, faced service outages on various platforms on Thursday, prompting concern among users and businesses relying on its services. In response to the disruptions, Square acknowledged
Fueled by AI, Nvidia Joins the $1 Trillion Club
Nvidia (NVDA) has joined the elite group of companies with a market capitalization of $1 trillion, thanks to the surging demand for its AI chips. Only eight other companies worldwide
Apple’s AI-Powered Siri Upgrade Faces Possible Delay Over Software Issues
Apple’s planned artificial intelligence (AI) upgrade for Siri may face delays due to ongoing software issues, according to reports. Bloomberg, citing sources familiar with the matter, reported on Friday that
Snapchat Launches Unified Monetisation Program for Creators
Snapchat is rolling out a revamped monetisation program aimed at rewarding creators across its Stories and Spotlight platforms. This move consolidates previously separate programs, aligning monetisation opportunities for both formats.
Starlink Issues Warning on Grey Market Kits
Starlink, the satellite internet pioneer, has issued a strong advisory to its customers, warning against purchasing satellite kits from unauthorized grey markets. Each Starlink kit is designed with a unique
Heineken Announces £39m Investment to Reopen Over 60 Closed Pubs
Heineken, the brewing giant, has revealed plans to inject £39 million into its UK pub chain, Star Pubs, with the aim of reopening 62 pubs that had been closed in
Shein to Open First Permanent Stores in France
Fast-fashion giant Shein has announced plans to open its first permanent physical outlets, selecting France as the launchpad for the move. The retailer, best known for its low-cost, trend-driven clothing,
BYD Unveils Blade EV Battery With 9-Minute Charging
Chinese electric vehicle manufacturer BYD has introduced a new generation of its Blade battery technology alongside an ultra-fast charging system capable of significantly reducing EV charging times. The company revealed
Meta’s Quest for Education: Mark Zuckerberg’s Vision for Virtual Learning
Meta, formerly known as Facebook, is stepping into the classroom with its virtual reality (VR) technology, aiming to revolutionize education through immersive experiences. This initiative, spearheaded by Meta's President of
Trump’s Truth Social Post Sends Stock Soaring, Adding $500 Million to His Wealth
President-elect Donald Trump made a significant financial gain on Friday, adding half a billion dollars to his net worth with a single post on his social media platform, Truth Social.
AI Messaging Service Developed for Unpaid Carers
Gloucestershire County Council has launched an artificial intelligence-powered messaging service designed to help unpaid carers access information and support at any time of the day. The new service, called Ask
Netflix to Contest $170 Million Lawsuit Over “Baby Reindeer”
June 7, 2024 - Streaming giant Netflix is gearing up to defend against a substantial damages claim of $170 million filed by Fiona Harvey, a Scottish woman who alleges defamation
Sony Partners Honda to Build First EV in 2025
Electronics brand Sony and car manufacturer Honda announced they would form a partnership, creating Sony Honda Mobility Inc. The new company will focus on developing and selling electric vehicles in
NBA and Warner Bros. Discovery Headed for Legal Showdown Over Broadcasting Rights
The National Basketball Association (NBA) and Warner Bros. Discovery (WBD), the parent company of TNT, are on a collision course toward a legal battle over broadcasting rights, setting the stage
Elon Musk Delays India Visit, Citing Tesla Commitments
Elon Musk, the CEO of Tesla, has announced the postponement of his planned visit to India, citing pressing obligations at Tesla as the reason for the delay. Scheduled for next
When Brands fight for a cause: Adidas & Parley
An organization that genuinely supports a course allows consumers to create a strong affinity and loyalty for their brand. As a consumer, it becomes more imperative for brands to be
US Government and States Launch Landmark Antitrust Lawsuit Against Apple Over iPhone Monopoly Allegations
In a groundbreaking move, the US Justice Department, alongside over a dozen states, has initiated a significant antitrust lawsuit against Apple, accusing the tech giant of unlawfully monopolizing the smartphone
Elon Musk’s X Appoints New Head of Safety Amidst Content Concerns
In response to ongoing concerns over the proliferation of controversial content on Elon Musk's social media platform X, the company has appointed a new head of safety, Kylie McRoberts, a
NBC to Feature AI-Powered Al Michaels for Olympic Recaps
NBC will bring a unique twist to its Summer Olympics coverage by utilizing an artificial intelligence version of renowned sportscaster Al Michaels' voice for daily recaps. On Wednesday, NBC announced
