Industry

Australian Taxi Drivers Secure $272 Million from Uber in Historic World-First Settlement of Class Action Case

Uber settles a landmark $272 million class action lawsuit with Australian taxi operators after a five-year legal battle.


Taiwan Chip Giant TSMC Is Eyeing to Build Advanced Chip Packaging Capacity in Japan: Report

Chip giant Taiwan Semiconductor Manufacturing Co. (TSMC) is reportedly considering building advanced packaging capacity in Japan.

EV Startups Face 'Real Financial Trouble' Amid Slow Adoption, Ex-Ford CEO Says

Mark Fields, the former CEO of Ford, has expressed concerns about the financial challenges that EV startups may face due to slow adoption and unexpected obstacles.

American Companies Brace for Chinese Retaliation After TikTok Ban

After the US House and Senate overwhelmingly voted for a TikTok ban bill, concerns of potential retaliation from China emerged, particularly those heavily reliant on the Chinese market like Apple and Tesla.


Latest News

Apple's acquisition of DarwinAI hints at the company's interest in AI technology in their future products, with analysts thinking this could make iPhones improve faster and make Apple stronger in the AI market.
Google's new billing system violated competition law, CCI claims. Now, DG has been ordered to start a probe.
The cause of worldwide system outages felt by several McDonald's franchises is still not clear as the restaurant chain refrained from explaining the details.
Nissan Motor is reportedly considering approaching Honda Motor for a partnership on key components for electric vehicles (EVs).
The US Food and Drug Administration (FDA) has approved Madrigal Pharmaceuticals' Rezdiffra, the first drug to treat serious liver disease.
After President Joe Biden voiced opposition to the $14.1 billion plan of Japan's Nippon Steel to acquire US Steel, the Japanese firm said it is committed to pursuing the buyout deal.
Sergio Massa, Argentina's Economy Minister and presidential candidate, has warned oil producers of impending export restrictions unless they address fuel shortages.
Losses exceeding $700,000 in individual cases due to refund fraud were owed to platforms like TikTok and Telegram, where these schemes were promoted.
Clive Palmer's Titanic replica project, Titanic II, will aim to recreate the iconic ship's journey and offer an authentic experience with a recommended 1900s attire complete with amenities.
Under Armour founder Kevin Plank is taking over as CEO of the sportswear company again. Under Armour founder Kevin Plank is taking over as CEO of the sportswear company again.
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