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Biden Administration Announces New Federal Rules: Airlines Required to Automatically Give Refunds for Delayed, Canceled Flights

Biden Administration Announces New Federal Rules: Airlines Required to Automatically Give Refunds for Delayed, Canceled Flights

The new rules oblige airlines to provide refunds automatically, eliminating the need for passengers to request them explicitly.


Amazon Top Aggregator Thrasio Loses CEO, 5 Other Senior Execs Following Bankruptcy Filing

Thrasio, a major aggregator of Amazon third-party sellers, is undergoing drastic leadership changes.

IBM's Acquisition of HashiCorp for $6.4 Billion Confirmed, Aimed at Strengthening Cloud Capabilities

This acquisition is intended to enhance IBM's expertise in cloud-based solutions, especially as the demand for AI-driven technologies continues to grow rapidly.

Apple's Vision Pro Production Slashed as Demand Falls Short: Report

Apple now expects to sell 400,000 to 450,000 units in 2024, a sharp decline from earlier industry estimates of 700,000 to 800,000.


Latest News

AUSTRIA-ART-AUCTION-KLIMT-PRICE
A lost masterpiece by Austrian artist Gustav Klimt, titled "Portrait of Fräulein Lieser," recently sold for a remarkable €30 million ($32 million) at auction in Vienna.
FTC Faces Lawsuit Over Its Noncompete Clauses Ban! Can US Chamber of Commerce Stop It?
The FTC is now facing a lawsuit from the US Chamber of Commerce. Will this prevent FTC's noncompete clauses ban?
SunPower Announces Mass Layoff As It Ceases Residential Installations
SunPower announced a mass layoff that would affect thousands of employees as it ceases residential installations.
After laying off thousands of employees, Spotify achieves record profits of over €1 billion ($1.1 billion), driven by podcasting, despite missing monthly user forecasts.
Tom Cotton, TikTok CEO Face Off Becomes One of the Awkward Moments in Senate Hearing With Tech CEOs
TikTok CEO Shou Zi Chew is confident that US legislators won't successfully ban TikTok in the country, following a newly approved bill that gives the app 270 days to change ownership or face ban.
China Space Tourism: Tiangong Space Station Could Soon Host Tourists!
China's space tourism could soon happen as the government considers allowing the Tiangong space station to host tourists.
UKRAINE-RUSSIA-WAR-CONFLICT
President Joe Biden has swiftly enacted a $95 billion national security package, with a primary focus on expediting critical aid to Ukraine in the face of Russian aggression.
US-TECH-APPLE-IPHONE
The European Commission approves new 'right to repair' legislation, easing the repair process for out-of-warranty devices and extending warranties.
Nvidia Acquires Close Partner Run:ai! Acquisition Price, Purpose, Other Details
Nvidia is acquiring Run:ai. Here's what the giant GPU manufacturer plans to do with this acquisition.
Elon Musk Confirms He Is Visiting India to Meet Prime Minister Narendra Modi
Elon Musk is undeterred by weak quarterly earnings and, instead, promises to invent self-driving technology, sentient robots, and Robotaxis, which will increase Tesla stock in return.