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Global Chocolate Supply Crisis Looms as 'Swollen Shoot' Virus Menaces Cacao Trees

Global Chocolate Supply Crisis Looms as 'Swollen Shoot' Virus Menaces Cacao Trees

The virus, mainly spread by mealybugs that feed on cacao trees, has resulted in substantial harvest losses, varying from 15% to 50%.


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.


Latest News

FairPrice Singapore
FPG is rolling out savings and discounts worth over $4.5 million at its supermarkets and selected Kopitiam outlets throughout May and June, exceeding last year's offers.
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.
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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.
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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.