(Brands & Consumers)
After nearly two decades of service, Poppy Harlow, the seasoned CNN anchor, announced her departure from the network on Friday, marking the end of an era. In an email addressed to her colleagues, Harlow expressed gratitude for her time at CNN, describing it as a “gift” that has shaped her both personally and professionally. She…
Amid mounting speculation and the looming threat of a nationwide ban in the United States, ByteDance, the Chinese owner of TikTok, has categorically denied any intentions to sell the popular social media platform. In its first official response to the escalating situation since President Joe Biden signed legislation that could pave the way for a…
A clash of titans is underway as tech mogul Elon Musk, owner of the social media platform X, finds himself embroiled in a heated battle with the Australian government over the dissemination of violent imagery online. The feud, which has escalated into a legal showdown, pits Musk’s staunch defence of free speech against Australian authorities’…
Ford’s foray into the electric vehicle market has hit a stumbling block, with the company’s electric vehicle unit reporting staggering losses in the first quarter, underscoring the challenges facing traditional automakers in the transition to electric mobility. In a concerning financial disclosure, Ford revealed that its electric vehicle unit, known as Model e, incurred losses…
TikTok, the popular social media platform owned by Chinese company ByteDance, is caught in the crossfire of a brewing conflict between the United States and China. With Congress passing legislation that could force ByteDance to sell TikTok or face a nationwide ban, tensions between the two economic superpowers are escalating. The proposed legislation has raised…
In a clash between tech mogul Elon Musk and the Australian government, tensions have escalated over the dissemination of violent images on the social networking platform X. The controversy erupted after X refused to remove a video depicting a 16-year-old allegedly stabbing a bishop in a Sydney Orthodox Christian Church, despite orders from Australian authorities…
Despite reporting a 48% plunge in adjusted earnings for the first quarter, Tesla remains optimistic about its future plans, including the launch of a cheaper model next year. The electric carmaker disclosed a 9% decline in total revenue, failing to meet Wall Street’s revised forecasts. Additionally, its profit margin dipped by 2 percentage points. However,…
Google has terminated the employment of an additional 20 workers, following protests last week over the company’s cloud-computing contract with the Israeli government, according to the organizers behind the demonstrations. This brings the total number of employees fired to 50. The group known as No Tech for Apartheid, which orchestrated the protest at Google offices…
The US Federal Trade Commission (FTC) announced its legal action to block Tapestry’s proposed $8.5 billion acquisition of Capri Holdings, the parent company of Michael Kors, citing potential harm to competition in the handbag market. This move by the FTC reflects a broader trend of increased scrutiny by US lawmakers over multi-billion dollar deals that…
Taylor Swift continues her reign over the music industry as her latest album, “The Tortured Poets Department,” shatters streaming records across major platforms including Spotify, Amazon Music, and Apple Music. Released on Friday, Swift’s 11th studio album achieved an unprecedented milestone, garnering 300 million streams in a single day on Spotify alone, establishing itself as…
