Tech Giants Escalate AI Spending Amid Slow Returns, Prompting Investor Concern
As tech behemoths intensify their investments in artificial intelligence (AI), pouring billions of dollars into various AI-related endeavours, the anticipated financial dividends are proving to be elusive. Meta's recent disclosure
OpenAI Officially Transitions to For-Profit Status, Microsoft Secures 27% Stake
OpenAI has officially completed its transition from a non-profit research organisation to a for-profit entity - a move that positions the company to attract billions in new investments and possibly
Senator Brown Urges Biden Administration to Ban Chinese-Made Electric Vehicles Amidst Growing National Security Concerns
Senator Sherrod Brown, chair of the Senate Banking Committee and representing the car-producing state of Ohio, has issued a fervent call to President Joe Biden, urging the administration to implement
India’s Competition Regulator Greenlights $8.5 Billion Reliance-Disney Mega Merger
India's competition watchdog has given provisional approval to an $8.5 billion (£6.43 billion) merger between Disney and Reliance Industries, setting the stage for the creation of India's largest entertainment conglomerate.
Elon Musk’s X Just Sued a Nonprofit Advertising Group Out of Existence
The Global Alliance for Responsible Media (GARM), a key advertising industry group, has announced its closure just days after Elon Musk’s X, formerly known as Twitter, filed a lawsuit against
Couple Suing Eataly Boston After Woman Slipped on Piece of Prosciutto and Broke Ankle, Lawsuit States
A New Hampshire couple has initiated legal proceedings against Eataly Boston following an incident in which a woman allegedly slipped and fell on a piece of prosciutto within the store,
Snap Inc Announces Layoffs, Cutting 10% of Global Workforce, Approximately 500 Jobs
Snap Inc, the parent company of Snapchat, has revealed plans to lay off 10% of its staff, impacting around 500 global full-time employees. The tech firm joins the recent trend
Wells Fargo Accused of Scheduling FAKE Job Interviews With Black Applicants to Boost Diversity Stats
A former employee has accused Wells Fargo of scheduling fake interviews with black and female candidates for roles that were already filled in order to boost the bank's diversity statistics. Former
McDonald’s Introduces $5 Value Meal to Tackle Inflation and Boost Sales
McDonald's has unveiled a new $5 value meal aimed at attracting customers amid rising inflation and sluggish sales. Starting June 25, the fast-food giant will offer the "$5 Meal Deal"
YouTube Users Frustrated as Videos Stream in Low Quality Amid Unresolved Glitch
YouTube users have been experiencing significant video quality issues over the past week, with many reporting that videos and Shorts are displaying in blurry, pixelated resolutions despite having strong internet
Google Ordered to Pay $425M in Major Privacy Breach Case
Google has been ordered to pay $425 million (£316.3 million) in damages after a U.S. federal court ruled that the tech giant violated users' privacy by collecting data even after
The Biggest Deal in Gaming Hangs in the Balance
After a surprise decision by the UK’s Competition and Markets Authority (CMA) last week, the biggest acquisition in gaming history hangs in the balance. Microsoft’s $68.7 billion deal to acquire
PlayStation Network Outage Sparks Global Frustration Among Gamers
PlayStation users worldwide have been left frustrated as a major PlayStation Network (PSN) outage has stretched into its second day, preventing gamers from accessing online services. 24 Hours Without PSN
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
Microsoft Launches Xbox Mastercard Nationwide, Offering Exclusive Rewards to US Residents
Microsoft's highly anticipated Xbox Mastercard, initially unveiled last year, has officially launched nationwide, extending its enticing benefits to all eligible US residents. Following a successful pilot phase with members of
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
Zuckerberg, Meta Executives Reach Settlement in $8 Billion Facebook Privacy Lawsuit
Meta CEO Mark Zuckerberg and other top executives have reached a settlement with shareholders over a high-profile lawsuit linked to Facebook’s repeated privacy breaches, including the infamous Cambridge Analytica scandal.
Tesla Cuts Prices Again – Investors Should Focus on This Instead
It feels as if every day brings new price changes from Tesla TSLA –0.65% . Investors are getting used to them. The bigger deal now is the electric-vehicle company’s first-quarter
Can $1 Home Schemes Revive Urban Areas, or Are They Just a Quick Fix?
The concept of selling homes for $1 to combat urban decay has been tried in various cities for decades, beginning in the United States and extending globally. But the question
Legend Twist Adds Flavour to Niniola’s Exclusive Album Listening Party
In a night charged with vibrant energy and smooth beats, Legend Twist played a key role in sponsoring Niniola’s exclusive listening party for her new album Press Play, hosted by
