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

Nintendo And Yuzu Settle $2.4M Piracy Lawsuit, Ending Emulator Support
Yuzu emulator developers settle with Nintendo for $2.4 million, ceasing all operations and deleting software to comply with copyright laws.
Tesla Berlin Factory Attacked By Arsonists; Production Now On Hold
The arson attack coincides with a call to oppose Tesla's expansion plans in Berlin, particularly among environmentalists.
Singapore to Increase Salary Criteria for Foreign Executives, Professionals
The government said in 2025 that Singaporean companies must pay overseas CEOs and experts greater salaries.
World Bank Study: No Workplace Equality for Women Globally, Gender Gap Far Bigger Than Expected
World Bank's report unveils the global workplace gender inequality crisis. Legal protections for women lag behind, hindering economic growth.
EU Exploring Potential Transition of Weapons Industry to ‘War Economy Mode'
The European Commission will propose strengthening the EU's armaments industry and entering "war economy mode" in light of Russia's invasion of Ukraine.
Australian Senator Wants to Include TikTok, Apple News and Instagram To News Media Bargaining Code
Sarah Hanson-Young's proposal to include TikTok, Apple News, and Instagram came from the growing preference of Australian citizens to consume news through the said apps.
President Biden Launches New Task Force Against Big Corporations Laying Out Unfair Prices
The new task force, led jointly by the Federal Trade Commission and the Department of Justice, will combat "unfair and illegal" pricing by big corporations, particularly landlords.
Shopee-Owner Sea Reports Profit of $218.5 Million But Misses Analysts' Expectations
Shopee's parent company, Sea, has reported earnings of S$218.5 million for 2023 but failed to meet analyst estimates.
Doritos Faces Boycott Calls for its Transgender Ambassador's Tweet About 12-Year-Old
Doritos Spain is facing backlash as its announcement of transgender artist Samantha Hudson being its brand ambassador sparked outrage over her past tweets involving a 12-year-old.
FAA Says Boeing, Spirit AeroSystems Fail to Comply With Manufacturing Quality Control Standards in 'Multiple Instances'
The Federal Aviation Administration (FAA) has unveiled findings pointing to quality control issues at Boeing and its top supplier, Spirit AeroSystems.
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