Meta, the parent company of Facebook and Instagram, revealed on Tuesday its plan to broaden its generative AI advertising tools offerings.
Industry
UMG Denies Involvement in Drake vs. Kendrick Lamar Beef as CEO Faces Shareholders’ Ire
Universal Music Group has denied allegations that it has intervened in the beef between Aubrey “Drake” Graham and Kendrick Lamar Duckworth, while also being under fire after Glass Lewis urged shareholders to revolt against a salary increase for its CEO, Lucian Grainge.
Kenya Sugar Millers Threaten Shutdown Over Court-Ordered Increase in Farmers' Pay
Kenyan sugar industry turmoil escalates as millers resist a court-ordered pay raise for farmers. A threatened shutdown risks 30,000 jobs and impacts market stability.
NIO Teams Up With GAC Group for Unified Battery Standard, Charging Solutions
NIO partners with GAC Group to establish unified battery standard and advance EV charging solutions, aligning with previous collaborations to pioneer standardized EV technologies
Spirit Airlines CEO Exposes US Airline Industry as 'Rigged Game' That Favors Major Carriers
Ted Christie pointed out the dominance of profits by a handful of major carriers like American Airlines, Delta Air Lines, United Airlines, and Southwest Airlines, who together hold 78% of US domestic airline seats.
Latest News
Musical instrument retailer Sam Ash announced it would be closing all of its stores by July 2024 after 100 years in the business.
Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles.
Elon Musk says Boeing has too many non-technical managers, criticizing the company while he continues to conduct Tesla layoffs.
Amazon Web Services (AWS) is planning to invest nearly $9 billion to expand its cloud computing infrastructure and services in Singapore.
The administration of President Joe Biden has allocated some $285 million in funding from the CHIPS Act to pioneer a digital twin technology institute specifically for semiconductors.
Former Starbucks CEO Howard Schultz asked his successor Laxman Narasimhan and other Starbucks senior officials to communicate with shop baristas and work with them to enhance coffee service.
Boeing scrubbed its attempt to launch its Starliner capsule named ‘Calypso’ on May 6, which was supposed to be a break for Boeing’s issues in its passenger jet operations.
Boeing is facing a new FAA investigation. The probe was triggered after it admitted possibly missing some required inspections for the 787 Dreamliner.
Xi Jinping's visit to France amid EU tensions highlights economic cooperation, opposing a "New Cold War."
