Why Stock Investors Are Suddenly So Scared
While 2023 has seen sizable profits for many investors, recent weeks have witnessed a series of market losses triggered by escalating apprehensions of economic contagion from China's slowdown, coupled with
Climate Scientist Awarded Over $1 Million in Defamation Lawsuit Against Conservative Writers
After more than a decade of legal battle, climate scientist Michael Mann has been awarded more than $1 million in a defamation lawsuit he brought against a former scholar and
Google Loses in Local Search to Instagram, TikTok Among Gen Z
In a significant shift in consumer behaviour, Instagram and TikTok have emerged as the preferred platforms for local search among Gen Z, surpassing Google's dominance in this demographic segment, according
Fendi Acquires Knitwear Supplier Maglificio Matisse
Luxury fashion house Fendi has announced that it has taken a majority stake in Italian knitwear maker, Maglificio Matisse, a key supplier of the LVMH-owned brand for over 15 years
Why Walmart is Closing Half its Stores in Chicago
Walmart plans to close half its stores in Chicago, a reversal of the retail giant’s high-profile commitment in 2020 to expand in the city as part of its corporate racial
Philanthropist MacKenzie Scott Surpasses Donation Goals with $640 Million to US Non-Profits
Renowned billionaire philanthropist MacKenzie Scott has announced a staggering donation of $640 million to support non-profit organizations in the United States, surpassing her earlier planned contributions for the year. Scott's
Pirates Attack Danish Ship in Gulf of Guinea, Kidnap Crew
An oil and chemical tanker hijacked in the Gulf of Guinea has been located off the coast of Sao Tome and Principe, but part of the crew has been kidnapped,
The 5 Biggest Takeaways From Netflix’s Earnings Report
As Hollywood faces challenges amid ongoing industry strikes, streaming giant Netflix had reason to celebrate on Wednesday with the release of its earnings report. The company's long-anticipated plans to clamp
Tencent’s Riot Games Lays Off 11% of Staff Globally
In a significant move affecting its global workforce, Riot Games, the developer behind popular video games like "League of Legends" and "Valorant," is set to lay off approximately 11% of
Ford Partners With Tesla to Give Customers Access to EV Superchargers
Ford electric vehicle owners in the United States will soon have access to Tesla's extensive EV charging network, as announced by the CEOs of both companies, Jim Farley of Ford
Discord Confirms Possible Leak of 70,000 Users’ ID Photos After Cyber-Attack
Discord has revealed that personal identification photos belonging to roughly 70,000 users may have been compromised following a cyber-attack on one of its third-party service providers. The company, which hosts
Elon Musk: Neuralink’s First Human Patient Controls Mouse with Thoughts
Neuralink, Elon Musk's brain-machine interface startup, has achieved a significant milestone as its first human patient, implanted with a brain-chip, has demonstrated the ability to control a computer mouse using
EU Court Orders Meta to Limit Use of Data for Personalised Ads
Meta, the parent company of Facebook, has been ordered by the European Union's highest court to reduce its use of individuals' data for personalised advertising, marking a major victory for
The $900 Nike Hyperboot Is A Game Changer For Warm-Up And Recovery
Nike is introducing a game-changing product designed to enhance warm-up and recovery for athletes: the Nike Hyperboot. Developed in collaboration with health tech company Hyperice, this innovative wearable combines heat
Apple Watch Series 9 and Ultra 2 Removed from Shelves in the U.S. as White House Declines to Overturn Ban
The most recent Apple Watch models, the Series 9 and Ultra 2, have been pulled from shelves across the United States following the White House's decision not to intervene and
Boeing to Cut 10% of Workforce Amid Mounting Challenges and Losses
Boeing announced on Friday that it will reduce its workforce by approximately 10% in response to severe financial struggles and ongoing operational challenges. In a memo to staff, CEO Kelly
Google Reacts Angrily to Report it will Have to Sell Chrome
The ongoing antitrust case against Google has taken a dramatic turn, with reports indicating the US Department of Justice (DOJ) plans to propose measures that could include forcing the tech
Accenture to Acquire Udacity to Build a Learning Platform Focused on AI
Accenture revealed its acquisition of the learning platform Udacity today, signalling a strategic move to strengthen its offerings in AI-focused education. While the financial details of the acquisition were not
Apple to Replace Retail Employees’ iPhone XS With Brand New iPhone 14
If you have ever visited an Apple Retail Store, you have probably noticed that the employees have an iPhone that works as a point of sale (PoS). So far, this
Nike Posts Surprise Revenue Growth Despite $1.5 Billion Tariff Burden
Nike has reported an unexpected rise in first-quarter revenue and stronger-than-anticipated profits, signalling early progress in its turnaround strategy even as tariffs and sluggish demand in China weigh on the
