China Avoids Direct Response as Trump Claims TikTok Deal Nearing Completion
China’s government has declined to comment directly on former U.S. President Donald Trump’s assertion that a deal is nearly finalized to bring TikTok under American ownership. Trump recently told reporters
Indian Billionaires Turn Overseas As Growth Slows At Home
A new wave of international acquisitions by Indian companies is reshaping the country’s corporate landscape, signalling a growing shift in how some of India’s biggest businesses view the future. From
Xbox ‘Game Pass Flex’ Announcement Raises Eyebrows Over Ad-Supported Gaming Tier
Xbox has unveiled a new subscription tier, Game Pass Flex, a free offering that replaces traditional loading screens in games with full-screen advertisements. The proposed service is positioned as a
US Pushes Europe to Ease Big Tech Rules in Exchange for Tariff Relief
The United States is urging the European Union to rethink its regulatory approach to major technology companies as negotiations continue over metal tariffs and broader trade terms between the two
Microsoft to Cut Up to 9,000 Jobs Amid Accelerated AI Investment
Tech giant Microsoft has announced plans to lay off as many as 9,000 employees, as the company continues to restructure its workforce to align with its expanding ambitions in artificial
Junk Fees: US Names and Shames Airlines Over Family Seating
US airlines are being called out for their family seating fees as calls grow from the Biden administration to cut back on so-called junk fees. As reported on BBC, the
Meta Platforms Stock Hits 15-Month High After Earnings Crush Estimates, Expenses Drop
Meta Platforms (META) stock rose more than 14% on Thursday after the company reported first quarter results late Wednesday that blew away expectations while raising its forecast for the current
Uber and Lyft Plan UK Trials of Chinese Robotaxis in 2026
Ride-hailing firms Uber and Lyft have announced plans to trial autonomous taxis developed by Chinese technology company Baidu on UK roads from 2026, pending regulatory approval. Both companies said they
Krispy Kreme Faces Disruptions After Cyberattack Hits Online Orders
Krispy Kreme is grappling with operational disruptions following a recent cyberattack, which has severely impacted its online ordering services across parts of the United States. The doughnut chain confirmed on
Netflix Expands TV Gaming and Social Play as It Pushes to Keep Subscribers Engaged
Netflix is taking its boldest step yet into gaming as it works to transform itself from a streaming platform into a full-scale entertainment ecosystem. The company has unveiled a new
Paolo Porta Named CEO of British Luxury Brand Smythson
Paolo Porta, an experienced fashion and luxury executive, has been appointed as the new CEO of British luxury leather goods and stationery brand, Smythson, with immediate effect. Prior to his
US Hospitality Sector Records Hiring Surge Ahead of World Cup
The United States economy added 172,000 jobs in May, driven largely by increased hiring in the hospitality industry as businesses prepare for the influx of visitors expected during the upcoming
Controversy Brews as US Moves Towards Potentially Banning TikTok
TikTok, the popular social media platform owned by Chinese company ByteDance, is caught in the crossfire of a brewing conflict between the United States and China. With Congress passing legislation
Sony is Ready to Kill Blu-ray
Sony Set to End Blu-ray Media Production, Marking a Shift from Physical Media Sony has announced it will cease Blu-ray media production in February, signalling another step away from physical
Adidas Removes Yeezy Products Following Kanye West’s Instagram Rant
Adidas has removed all Yeezy-branded products from its website following a heated Instagram post from Kanye West. The move comes just a day after the 47-year-old artist criticized the company,
Major Tech Firms Rally Behind Anthropic in Legal Clash With Trump Administration
Several of the United States’ largest technology companies have thrown their support behind artificial intelligence firm Anthropic as it challenges actions taken by officials in the administration of Donald Trump.
Aircraft Lessor SMBC Aviation Nears $7 Billion Deal For Rival Goshawk, Sources Say
SMBC Aviation Capital, one of the world's biggest aircraft lessors, is nearing a deal to acquire smaller rival Goshawk for about $7 billion, including debt, people familiar with the matter
Tesla Promises Affordable Models Amid Falling Sales and Rising Pressures
Tesla says it is moving forward with plans to introduce a more affordable electric vehicle and expand access to its self-driving technology in Europe, as the company grapples with mounting
Twitter Prepares to Roll Out New Paid Subscription Service that Includes Blue Checkmark
Twitter has launched an updated version of its iOS app that promises to allow users to pay a monthly subscription to receive a blue checkmark on their profiles, a feature
Microsoft Allows Users to Uninstall OneDrive from Windows Permanently
Microsoft has announced a significant shift in its approach to the integration of OneDrive with Windows, now allowing users to uninstall the cloud storage service from their systems permanently. This
