Industry

Joe Biden Billionaire Megadonor Faces Being Ousted From Own Tech Company Over 'Concerns’ About HIs Conduct

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.


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.

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.

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.


Latest News

OpenAI Risk Team Disband Update: Former Leader Claims Company Neglects Safety To Favor 'Shiny Products'
After disbanding the OpenAI risk team, its former leader blasted the AI company. Here's what he said.
Cocoa Crisis Update: Tony's CEO Blames Long-Term Underpayment of Farmers for Worsening Shortages
The worsening cocoa crisis is making huge headlines across the world. Tony's CEO Douglas Lamont blames the long-term underpayment of farmers for the issue.
Boeing Supplier Spirit AeroSystems to Layoff Over 400 Workers Following Production Decline, Days After Whistleblower’s Sudden Death
Boeing Supplier Spirit AeroSystems to Layoff Over 400 Workers Following Production Decline, Days After Whistleblower’s Sudden Death
Krispy Kreme Raises Global Points of Access Goal to 100,000, Which Includes Thousands of McDonald's Branches
Krispy Kreme is planning to expand its reach by selling donuts in more McDonald's branches and other restaurants abroad.
Japan's SoftBank Is Harnessing the Power of AI to Prevent Customer Harassment by 'Softening' Angry Callers' Voices
Japan's SoftBank Corp. is banking on AI to tone down the voices of irate customers to help call center workers deal with such clients.
US Blocks Imports From 26 More Chinese Companies Tied to Uyghur Forced Labor
The US has announced it blocked imports from 26 Chinese cotton traders or warehouse facilities tied to Uyghur forced labor.
UPS Picks Goldman Sachs to Oversee Its $43.4 Billion Pension Funds
UPS has picked banking giant Goldman Sachs to handle its $43.4 billion pension fund assets in the United States and Canada.
honda
Honda will invest 10 trillion Japanese yen ($65 billion) in EVs until 2030 to stay competitive in the market.
A tram passes by in the Central business district of Hong Kong
Hong Kong's reign as Asia's foremost financial powerhouse has been dethroned, once revered for its economic prowess, the city now finds itself surpassed by rival nations, marking a significant shift in the region's financial landscape.
Elon Musk's Neuralink Aware of Brain Implant's Wire Issues Years Before Tested to First Human Patient: Report
Neuralink has recently disclosed that the tiny wires inside its first human patient's brain shifted position, which was reportedly an issue that Elon Musk's company has known for years.
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