Industry

Elon Musk Reveals His New Plan for X — To Deliver News Summarized by Grok AI

Elon Musk has unveiled his plan to summarize news events on his social media platform X using xAI's chatbot, Grok.


Boeing Gives Alaska Airlines $61 Million in Credit Memos to Compensate for Damages Caused by MAX 9 Grounding

Alaska Air Group disclosed on Friday that it received $61 million in supplier credit memos from Boeing...

Coinbase Reports Impressive Q1 Revenue of Above $1 Billion Following Bitcoin Rally

Coinbase announced a better-than-expected revenue in its first-quarter earnings report on Thursday after a bitcoin rally led to a surge in profit...

Universal Music Group Reports Nearly 6% Q1 Revenue Growth After a New Deal With TikTok

The generated revenue of Universal Music Group rose nearly 6% during the first quarter of 2024...


Latest News

Retail Giants Like T.J. Maxx Report Multiple Theft Cases From Organized Crime Rings
Retail giants face a growing threat from sophisticated organized crime rings, exemplified by a San Diego businesswoman's lucrative scheme involving stolen cosmetics sold on Amazon, prompting heightene
Russia's Sokol Crude Backlog Near Clearing as China Emerges as Key Importer
Russia's Sokol crude faces a backlog, with tankers stranded off Singapore and South Korea due to US sanctions. China emerges as a key importer, aiding clearance.
UniCredit Increases Bonus Pool to $140 Million for Top Executives After Record Profits
The 12% increase in employee bonuses followed a year of exceptional financial performance, during which time approximately €128 million ($140 million USD) was allocated for bonuses.
Southwest and United Airlines Heavily Affected By Boeing Delivery Delays
Southwest Airlines adjusts its 2024 operational and financial plans with revised revenue growth forecasts, while United Airlines also halts pilot hiring amidst industry-wide concerns over Boeing's qua
Tesla Autopilot Feature Flagged As Concerning By Safety Groups
The Insurance Institute for Highway Safety (IIHS) recently assessed advanced driver assistance systems like Tesla Autopilot, with 11 out of 14 systems receiving a "poor" rating, prompting the need for
Apple To Invest $139 Million in Shenzhen Lab, China To Boost Product Development
The new Apple Shenzhen laboratory will improve the testing and research of devices like iPhones and iPads in China as part of its efforts to boost product quality amidst declining sales in the region.
US Seen to Impose More Curbs on China as ‘Decoupling' in 'Full Force’ Amid Possible TikTok Ban
The US is anticipated to intensify restrictions on China amid a potential TikTok ban in the country.
Donald Trump Thinks TikTok Ban Will Give Facebook More Power, Condemning it as 'Enemy of the People'
Unlike Biden, Trump opposes the TikTok ban for fear of giving Meta's Facebook platform more power after highlighting it as a major player in politics.
Australian Employee Sues Employer Over Hybrid Work Setup And Wins
Daniel Hume, a Queensland Health manager, successfully fought for full-time remote work, highlighting improved productivity and family life, with the Queensland Industrial Relations Commission ruling
Tesla Battery Maker Panasonic Considers Major Investment Boost in Kansas Amid EV Market Downtrend
Panasonic Energy is considering a major investment in Kansas amid EV market concerns. The expansion will boost Tesla's 4680 battery production despite slowing demand.
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