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Nikola CEO is Leaving the Company After Just 18 Months
Nikola, the electric and hydrogen semi truck manufacturer based in Arizona, announced on Friday that its President and Chief Executive Officer, Michael Lohscheller, is leaving the company with immediate effect.
Gazprom Records First Annual Loss in Over 20 Years Amid Europe Sales Decline
In a significant financial downturn, Gazprom, Russia's state-owned gas giant, has reported its first annual loss in over two decades, amounting to 629 billion rubles ($6.9 billion) for the year
Meta Asks Office Workers to Return to In-Person Work
Meta, the parent company of Facebook, Instagram, and WhatsApp, has joined the growing trend of tech companies calling their employees back to the office after more than three years of
Introducing the World’s Largest 3D-Printed Home Community in Texas
The future of homebuilding is taking shape in Texas as the world's largest community of 3D-printed homes is under construction. The groundbreaking neighbourhood, located in Georgetown, Texas, just unveiled its
Chinese Shadow Bank Zhongzhi Files for Bankruptcy
In the midst of China's deepening property market challenges, Zhongzhi Enterprise Group, a significant player in the country's $3 trillion shadow banking sector, has filed for bankruptcy liquidation. The move
Bud Light’s Struggles Persist Despite Global Revenue Surge for AB InBev
Anheuser-Busch InBev, the world's largest brewer, saw a spike in overall sales owing to higher prices but continued to face challenges in the United States due to declining Bud Light
TikTok to Set One-Hour Daily Screen Time Limit by Default For Users Under 18
TikTok announced Wednesday that every user under 18 will soon have their accounts default to a one-hour daily screen time limit, in one of the most aggressive moves yet by
Pay $84 a Year for Twitter Blue or Lose Your Checkmark Beginning April 1, Twitter Says
Twitter’s free blue “verified” checkmarks for notable users may finally be coming to an end. Ever since Elon Musk took control of the company in October, he’s been threatening to
Germany Recalls 59,000 Tesla Cars Over Global ‘Software Glitch’
Following the discovery of a "software glitch" in 59,000 Tesla vehicles, German regulators have announced a recall on all the affected vehicles. The recall pertains to Tesla models Y and
Samsung Set to Launch ‘Galaxy Glass’ Mixed Reality Headset, Rivaling Apple’s Vision Pro
In a bid to challenge Apple's upcoming Vision Pro mixed reality headset, Samsung is reportedly accelerating the launch of its own mixed reality device, the 'Galaxy Glass.' Originally scheduled for
Elon Musk Under Federal Investigation Related to Twitter Deal
The $44 billion acquisition of Twitter Inc. by Elon Musk is the subject of a federal inquiry, the social media firm revealed in a court document made available on Thursday.
Former Facebook Employee Pleads Guilty to Stealing $4 Million from Company
An ex-employee of Facebook, now Meta, has entered a guilty plea after being accused of stealing over $4 million from the social media giant. Barbara Furlow-Smiles, formerly the lead strategist
300 Million Jobs Could be Affected by Latest Wave of AI, Says Goldman Sachs
As many as 300 million full-time jobs around the world could be automated in some way by the newest wave of artificial intelligence that has spawned platforms like ChatGPT, according
New Porsche Mistakenly Put on Sale at Bargain Price in China
Potential car buyers in China have found that an online advert for a luxury sports car was just too good to be true. As reported by BBC, a Porsche dealership
Carlos Ghosn Sues Nissan For $1 Billion in Lebanon
Former Nissan chairman Carlos Ghosn has filed a lawsuit against the company for over $1 billion, as revealed in a copy of the lawsuit seen by Reuters and filed with
Biden Hits Chinese Electric Cars and Solar Cells With Higher Tariffs
In a move aimed at addressing what it perceives as unfair trade practices, the Biden administration has announced an escalation of tariffs on a range of Chinese goods, including electric
Reebok Enters Digital Wearable Market with AI-Powered Custom Sneaker Feature
In a bid to innovate within the digital fashion landscape, Reebok announced a groundbreaking partnership with Futureverse, introducing "Reebok Impact" – an AI-powered tool allowing users to transform their favourite
Musk Begins His Twitter ownership by Firing CEO, Top Executives, Declares the ‘Bird is Freed’
Elon Musk has taken ownership of Twitter Inc with brutal efficiency, firing top executives but providing little clarity over how he will achieve the ambitions he has outlined for the
Elon Musk Backtracks on Blue Checkmark Policy Amid Platform Decline
In a significant reversal, Elon Musk, the CEO of X, has abandoned his contentious blue checkmark subscription model, reinstating the coveted verification badges for prominent users on the platform. The
FBI Notifies Passengers of Alaska Airlines Flight 1282 of Possible Crime Victim Status
Passengers aboard the Alaska Airlines Boeing 737 Max 9 flight, which encountered a harrowing midair blowout in January, have received correspondence from the FBI stating that they may be regarded