Industry

Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About His Conduct

Joe Kiani, a billionaire and prominent megadonor to President Joe Biden, is facing being ousted as chairman of Masimo, the medical device company he founded.


EU Slaps Microsoft with Warning that it Could Face Billions of Fines Over Missing Generative AI Risk Report

The EU has sought for more information about Microsoft's risk report on its generative AI tools...

Canada Explores Raising Tariffs on Chinese EVs Following US Move Against China: Report

Canada is reportedly exploring raising tariffs on Chinese-produced electric vehicles (EVs) following the US decision to impose higher levies on these imports...

Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers

Genesis Global, a bankrupt crypto lending firm, has been allowed by a court to return approximately $3 billion in cash and cryptocurrency to its customers...


Latest News

Biggest Ever $27 Billion Chip Fund to Help China Outlast U.S. Tech Restrictions
China's Big Fund raises $27 billion to counter US tech restrictions, aiming for chip self-sufficiency amidst escalating tensions. US tightens curbs as China pushes for autonomy.
Experts Urge More Women In AI Technology After Finding Gender BIas In The Industry
With women comprising only 30% of the workforce, artificial intelligence fuels gender bias, notably in healthcare, where flawed algorithms can misdiagnose women.
Novo Nordisk Now The 12th Most Valuable Company After Positive Weight Loss Pill Trial, Surpassing Tesla
The successful weight loss trial of the amycretin pill pushed Novo Nordisk past Tesla in market value to $604 billion, increasing investor interest in innovative solutions for major health issues like
Oil Prices Remain Nearly Unchanged as Market Ponders on Chinese Demand, North America Supply Rises
Oil prices remained relatively stable on Thursday, with Brent crude futures settling unchanged at $82.96 per barrel.
Tire Maker Goodyear to Shut Down Manufacturing Plant in Malaysia
Goodyear Tire & Rubber Co, one of the leading tire manufacturers globally, is closing its manufacturing plant in Malaysia.
US House Panel Approves Bill That Could Ban TikTok; Users Flood Congress With Calls After App Sends Pop-up Messages
A controversial bill that could potentially block TikTok in the United States (US) was unanimously approved by a bipartisan panel of lawmakers.
Tesco Delays Pay Rise for a Month, Angering Employees
Tesco employees have expressed frustration on a month-long delay in a promised pay raise.
United Airlines Temporarily Halts Pilot Hiring Amid Boeing Delivery Delays
United Airlines is temporarily suspending pilot hiring due to Boeing's production challenges, which affect United's operations.
UK Rail Regulator Allows Grand Union Trains to Open a London-Scotland Route
Grand Union will receive approval to operate trains from London to Stirling by 2025, increasing passenger options as the government aims for more competition in the rail sector.
Tech and Finance Industries Lead Layoff Trends in 2024
U.S.-based employers reported 84,638 job cuts in February, marking the highest level since 2009. Tech led in cuts, while financial firms saw a significant increase.
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