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EV Startup Canoo Reports $302 Million Loss in 2023 as CEO's Private Jet Bills Soar

Canoo, an EV startup, faced scrutiny as it reported CEO Tony Aquila's private jet expenses of $1.7 million, surpassing its revenue of $886,000 in 2023, amid a $302 million loss.


Biden Administration Blames Microsoft for Allowing Chinese Hackers Into US Officials' Emails

A federal Biden Administration cybersecurity group report criticizes Microsoft for security lapses enabling a Chinese cyber intrusion into senior US officials' email accounts.

Ripple Enters $150 Billion Stablecoin Market with U.S. Dollar Backed Digital Currency

Ripple enters stablecoin market with USD-linked digital currency, challenging Tether and Circle, amid ongoing SEC lawsuit over XRP sales and commitment to its native token.

Elon Musk's X Rolls Out Free Premium Features for Selected "Influential" Users Are You Eligible?

Elon Musk's X introduces a new program rewarding "influential users" with premium features and blue check verification badges. Here's how to know if you're eligible.


Latest News

Coach took legal action against Gap on Wednesday, alleging that the retailer's Old Navy unit unlawfully sold T-shirts with the word "Coach."
The Metropolitan Transit Authority (MTA) wants the New York City marathon to pay $750,000 annually, citing the significant loss in bridge toll revenues caused by the closure of the Verrazano-Narrows Bridge.
Ukrainians can now start filing claims for damage to their homes as a result of Russia's invasion at a newly established register that opened Tuesday.
President Joe Biden and Senator Bernie Sanders joined forces on Wednesday to promote lower health care costs, including inhalers.
A Tesla team will visit India this month to look for sites $3 billion EV facility, reports say. PALO ALTO, CA - NOVEMBER 05: A sign is posted at a Tesla showroom on November 5, 2013 in Palo Alto, California.
Video surveillance depicted an irate customer exiting his vehicle and aiming a firearm at 38-year-old Howard Vernon, who was attending to the drive-thru window.
Hotel bookings in the U.S. increased by an average of 900%, thanks to the upcoming solar eclipse 2024.
Ghost Autonomy, an OpenAI-backed startup developing autonomous driving software for automaker partners, has ceased its operations.
An Indian company allegedly supplied the US with contaminated shrimps, an American whistleblower revealed.
Malaysia is increasingly attracting semiconductor factories amid escalating tensions between the US and China.