TikTok US Rejects Allegations of Content Censorship Amid Technical Disruptions
TikTok has dismissed claims that it is restricting what American users can post, following widespread reports of glitches on the platform shortly after its US operations were spun off from
DNA-Testing Site 23andMe Fights for Survival
Three years after reaching unprecedented heights with a market valuation surpassing Apple’s, DNA-testing firm 23andMe now finds itself in a struggle to survive. Once celebrated for its innovation in consumer
Kandinsky Painting Recovered by Holocaust Victims’ Heirs Sets Auction Record at Nearly $45 Million
A painting by Russian Modernist Wassily Kandinsky that once belonged to victims of the Nazi Holocaust, has sold for £37.2 million ($44.55 million) at Sotheby's in London. As reported on
Owners of 143,000 Lincoln SUVs Warned to Park Outside Due to Fire Risk
Ford, along with the National Highway Traffic Safety Administration (NHTSA), is issuing a warning to owners of approximately 143,000 Lincoln MKC compact SUVs. These owners are advised to park their
Handheld Gaming PCs Surpass 6 Million Sales, Steam Deck Leads Market
The handheld gaming PC market has crossed a significant milestone, with total sales exceeding six million units since the launch of Valve’s Steam Deck in 2022. According to estimates from
Audi to Cut 7,500 Jobs Amid Challenges in Germany’s Auto Industry
Audi has announced plans to cut up to 7,500 jobs at its German facilities by 2029, citing increasing economic pressure and the need to transition to electric vehicle (EV) production.
New Packaging: Heinz Tomato Ketchup to Come in Paper Bottles
Heinz is creating a brand new ketchup bottle made from paper and plans on being the first ever sauce brand to have completely renewable packaging. In partnership with Pulpex, who also
BYD Surpasses Tesla in Annual Sales, Posts $107 Billion Revenue in 2024
Chinese electric vehicle (EV) powerhouse BYD has overtaken Tesla in annual sales, reporting a 29% revenue surge to 777 billion yuan ($107 billion) in 2024, according to a filing on
Under Armour Settles Lawsuit for $434 Million Over Sales Disclosures
Sportswear giant Under Armour has announced a settlement of $434 million to resolve a class-action lawsuit dating back to 2017, which accused the company of misleading shareholders about its revenue
Jack Ma’s Return Signals Shift in China’s Business Climate
After years of regulatory scrutiny and economic uncertainty, China appears to be making a renewed push to support private enterprises. In a move seen as a turning point, Chinese leader
Ford Takes $2.7 Billion Hit as it Drops Efforts to Develop Full Self-Driving Cars
Ford is essentially pulling the plug on an effort to develop its first full self-driving car, and it’s going to cost the automaker $2.7 billion to walk away. As reported
Apple’s Generative AI iPhone: A Glimpse into the Future
Apple is poised to revolutionize its iPhone lineup with generative AI, potentially transforming Siri into an advanced assistant capable of performing intricate tasks and learning user preferences. At the upcoming
Anglo American Declines £31.1 Billion Takeover Offer from BHP
Anglo American has turned down a £31.1 billion takeover bid from rival miner BHP, dismissing it as "highly unattractive" and "opportunistic." BHP confirmed the proposal on Thursday, aiming to create
Nestlé To Cut 16,000 Jobs As New CEO Pushes Cost-Cutting Drive
Nestlé has announced plans to eliminate 16,000 jobs globally over the next two years as its new Chief Executive Officer, Philipp Navratil, moves to streamline operations and focus on higher-return
U.S. Bank Fined For Opening ‘Sham’ Accounts For Customers
The fifth-largest largest commercial bank in the US has been fined by the Consumer Financial Protection Bureau for illegally accessing consumer credit reports and opening accounts without their permission, as
Nvidia Loses $600 Billion in Market Value as DeepSeek AI Disrupts Industry
Nvidia has suffered the largest single-day market value loss in U.S. history, shedding nearly $600 billion amid fears that a new open-source AI model from Chinese startup DeepSeek could disrupt
Sony Faces $7.9 Billion Lawsuit Over PlayStation Store Pricing
In a significant development, Sony is set to face a $7.9 billion lawsuit over allegations of overcharging consumers for games and in-game purchases on its PlayStation Store. The Competition Appeal
China Partially Eases Ban on Japanese Seafood Imports Amid Ongoing Fukushima Concerns
China has announced a partial lifting of its ban on Japanese seafood imports, ending a two-year freeze that began after Japan started releasing treated wastewater from the Fukushima nuclear plant
Intel to Exit Dow After 25 Years, Replaced by Nvidia as AI Revolution Drives Change
Intel Corporation, a long-standing member of the Dow Jones Industrial Average, will be replaced by Nvidia after a 25-year tenure, S&P Dow Jones Indices announced on Friday. This shift underscores
Over 1,000 Musicians Release Silent Album to Protest AI Copyright Reforms
More than 1,000 musicians, including Kate Bush, Tori Amos, and Annie Lennox of Eurythmics, have launched a silent album to oppose proposed changes to the UK’s copyright laws that could
