ByteDance Reaches Deal With Investors to Avert US TikTok Ban
TikTok's Chinese parent company, ByteDance, has signed binding agreements with a group of US and international investors to restructure ownership of the app’s American business, a move aimed at preventing
The adidas Mad IIInfinity Debuts This Month
In a bold move towards redefining its basketball offerings, adidas is set to debut the Mad IIInfinity, a prominent silhouette from the much-anticipated "2024 Collection." Following the success of the
YouTube Demonetizes Fake Movie Trailer Channels After Investigation
In a significant move following an investigation into the growing number of fake movie trailers on the platform, YouTube has suspended monetization for two of the largest fan-trailer channels, Screen
Airbnb Faces Scrutiny Over Hidden Camera Incidents
Airbnb is under fire again after a woman discovered she was secretly recorded undressing at a rental property. This incident, like many others before it, has raised serious concerns about
Credit Suisse Thrown $54 Billion Lifeline in Rush to Ward Off Global Bank Crisis
Credit Suisse (CSGN.S) said on Thursday it would borrow up to $54 billion from Switzerland's central bank to shore up liquidity and investor confidence, after a slump in its shares
Taiwan Blocks Chinese App RedNote for One Year Amid Rising Fraud Cases
Taiwan has announced a one-year ban on access to RedNote - also known as Xiaohongshu - following a surge in online shopping scams linked to the Chinese social media platform.
Frank Founder Moved Millions of Dollars Out of JPMorgan After She Was Accused of Defrauding the Wall Street Giant
Things seemingly went from bad to worse for Frank founder Charlie Javice, who pulled millions out of JPMorgan Chase after the institution fired her for alleged fraud, only to find
Advertisers Plan to Withdraw from X in Record Numbers
A record number of companies are planning to reduce their advertising on X, formerly known as Twitter, due to concerns over extreme content potentially harming their brand image. According to
An Author Says AI is ‘Writing’ Unauthorized Books Being Sold Under Her Name on Amazon
A startling revelation has come to light as author Jane Friedman has uncovered that books purportedly authored by her were being sold on Amazon, even though she had no involvement
National Geographic Magazine Has Laid Off the Last of its Staff Writers
Multiple departing staffers confirmed this week that National Geographic, the renowned magazine that has documented the wonders of the natural world for over a century, laid off its remaining staff
Google Removes Spyware-Infested Apps from Play Store Amid Security Concerns
Google has confirmed the removal of multiple malicious apps from its Play Store after cybersecurity researchers uncovered a new spyware campaign linked to North Korean hackers. The latest threat, identified
Nvidia to Invest $5 Billion in Intel Amid AI Chip Boom
US chip giant Nvidia has announced plans to acquire a $5 billion stake in Intel, a move aimed at boosting the struggling semiconductor company while strengthening collaboration on next-generation chip
Billionaire Carl Icahn Settles Charges for Failing to Disclose Billions in Loan Collateral
Billionaire investor Carl Icahn and his firm, Icahn Enterprises, have reached a settlement with the U.S. Securities and Exchange Commission (SEC) over charges that they failed to disclose the use
Twitter fined $150m in US for selling users’ Data
Social media giant, Twitter has been fined to the tune of $150 million in the United States for illegally selling users' data to sell targeted ads in a breach of
Jersey Mike’s Subs Valued at $8 Billion After Major Investment from Blackstone
Jersey Mike’s Subs has reached a significant milestone, with its valuation soaring to $8 billion following a major investment from private equity powerhouse Blackstone. This move marks the end of
Affordable Study Options in Canada With Deposits as Low as $1,000: Apply to Colleges for Work and PR Opportunities
If you dream of studying in Canada but are concerned about the cost of universities, there is good news for you. Canadian colleges offer affordable options and opportunities for work
Apple Rolls Out AI Tools on Latest iPhones, with Limited Availability
Apple has launched its new suite of artificial intelligence tools, known as Apple Intelligence, for iPhones. The AI features, announced earlier in June, began rolling out to users on Monday
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
Travellers Forced Out Mid-Stay as Rental Firm Sonder Declares Bankruptcy
Holidaymakers around the world have been ordered to leave their accommodation without notice after short-term rentals company Sonder abruptly filed for bankruptcy, triggering mass disruption across its global network of
Target to Lay Off 1,000 Employees as Sales Slump Deepens
Retail giant Target has announced plans to lay off around 1,000 corporate employees and eliminate 800 open positions, a move that will affect roughly 8% of its global corporate workforce,
