Industry

Elon Musk's X Reportedly Testing 'Adult Content' Groups Without Age Verification Protocol

Elon Musk’s X, formerly Twitter, is testing a feature for users to create or join groups for "adult content," potentially without age verification, amid growing concerns about online safety for children.


Disney, Florida Gov. Ron DeSantis' Allies Settle Lawsuit Over Disney World Special District, Ending Feud Over 'Don't Say Gay' Law

Disney and Florida Governor Ron DeSantis' camp has reached a settlement to end a lawsuit in state court over who controls the special district that includes the Walt Disney World theme parks in Orland..

Amazon Skips Cash Pay Hikes for Senior Employees This Year

Amazon announced on Wednesday that its senior employees will not get a cash pay raise this year...

Visa, Mastercard Agree to Reduce Swipe Fees in $30 Billion Landmark Settlement

Visa and Mastercard have agreed to a $30 billion settlement that would limit credit and debit card fees for retailers...


Latest News

Sony Buys 50% Of Michael Jackson's Music Catalog For $600 Million
Sony Music Group's record-breaking deal with Michael Jackson's catalog, valued at over $600 million, makes it the largest ever for a solo musician, encompassing hits from albums like Bad and tracks by
Apple Allocates $73 Billion For AI Development, Competing With Microsoft AI
Apple is shifting its focus from its decade-long car project to investing $73 billion in Apple AI, aiming to challenge Microsoft’s AI leadership, with plans to unveil generative AI-based tools at WWDC
KeokeN Interactive Conducts Job Cuts as Layoffs in Tech and Gaming Sector Continue
KeokeN Interactive recently underwent a round of layoffs, affecting a small portion of its workforce.
AstraZeneca’s Lawsuit Challenging Medicare Drug Price Negotiations Dismissed by Judge
A federal judge in Delaware has dismissed AstraZeneca's lawsuit challenging Medicare's new power to negotiate prices directly with drug manufacturers.
Walt Disney's Heirs Open Letters Defend CEO Bob Iger Amid Shareholder Dispute
Disney heirs pen a letter to support CEO Bob Iger amid feud with Nelson Peltz, who wants to seek board position.
Yum China's Low-Price Strategy Thrives Amid Economic Pressures in China
Yum China thrives amidst economic challenges by targeting both budget-conscious and quality-seeking consumers. Revenue soars by 19%, net profit by 81%, employing a value-driven approach.
Alibaba Executive Will Step Down To Promote Younger Managers Amid Restructuring Efforts
Alibaba's Local Services Group (LSG) head, Yu Yongfu, will be leaving his role by March's end amid the company's restructuring, with younger leaders stepping up.
IBM Seeks Volunteers for Layoffs, Targeting 80% Reduction in Worldwide Staff
Asking staff to volunteer for layoffs is a way for IBM to reduce staff as part of its restructuring move, particularly in improving client demands.
Virgin Galactic to Pause Space Flights to Focus on Developing Its Next-Generation Delta-Class Spacecraft
Virgin Galactic has announced a pause in its space flights to redirect resources to developing its next-generation Delta-class spacecraft.
Electronic Arts to Cut 5% of Employees Amid Ongoing Layoffs in Gaming and Tech Sector
Electronic Arts has announced its plan to reduce its workforce by about 5%.
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