Industry

Western Companies Are Finding It Hard to Leave Russia Amid Increasing Kremlin-Imposed Exit Costs

Western Companies Are Finding It Hard to Leave Russia Amid Increasing Kremlin-Imposed Exit Costs

Despite initial pledges to exit Russia following the 2022 invasion of Ukraine, many Western companies, including Avon Products, Air Liquide, and Reckitt, remain in the country.


EU's ChatGPT Task Force Reveals Preliminary Findings on OpenAI's Privacy Compliance

The European Union's (EU) data protection task force has released its preliminary conclusions on OpenAI's compliance with privacy regulations concerning ChatGPT.

Toyota Is Set to End Massive Sponsorship Deal With International Olympic Committee: Report

Toyota is reportedly ending its massive sponsorship deal with the International Olympic Committee (IOC).

China Creates $47.5 Billion Chip Fund Amid Semiconductor Battle With Joe Biden

China has launched its largest semiconductor investment fund to date to boost its domestic chip industry.


Latest News

Elon Musk Plans to Build xAI Supercomputer Dubbed 'Gigafactory of Compute'
Elon Musk is reportedly planning to launch a supercomputer for his artificial intelligence company, xAI.
Texas Daily Power Consumption Hits All-Time High for May Amid Heat Wave
Texas experienced a record-breaking daily power consumption in May due to an ongoing heat wave. Texas experienced a record-breaking daily power consumption in May due to an ongoing heat wave.
YouTubers, Gamers Criticize Take-Two for Kerbal Space Program 2 Failure
A YouTube channel called ShadowZone recently uploaded a video highlighting the history of Kerbal Space Program 2’s development and why it eventually failed.
Samsung Plans Using Own Exynos Chips for Galaxy Smartphones as Part of Cost-Cutting Effort
Chinese Premier Li Qiang welcomed Samsung's investment in China before a historic summit involving South Korea and Japan.
7 Iconic Brands With Surprising Names Before Getting Into Fame
Famous brands changed their names, showing how even big companies evolve to stay relevant in the market.
Elon Musk Reveals Plans for Supercomputer with 100,000 GPUs to Enhance Grok Chatbot
Elon Musk's startup xAI plans to build a supercomputer by fall 2025, using tens of thousands of NVIDIA H100 GPUs at a cost of billions, to power a significantly smarter iteration of its Grok chatbot.
Truth Social Usage Plummets as the Platform Launched by Donald Trump Struggles to Attract, Keep Users
Truth Social, the social media platform launched by former President Donald Trump's media company, is struggling to maintain its US user base.
Russian Hackers Demand $50 Million Ransom After NHS Hospital Cyberattack
Cencora, a major US pharmaceutical company, has disclosed that a cyberattack earlier this year led to a data breach that compromised highly sensitive medical information of American patients.
Fedex To Cut 10 Percent Of Its Executive Level Positions
FedEx has resumed international priority inbound and outbound services in Ukraine. LOS ANGELES, CALIFORNIA - FEBRUARY 01: The FedEx logo is displayed on a FedEx vehicle on February 1, 2023 in Los Angeles, California.
NY Attorney General Files Lawsuit Against JP Morgan Chase Over Bear Stearns Fraud
JPMorgan Chase & Co has been ordered to pay $100 million and admit to violating CFTC rules. NEW YORK, NY - OCTOBER 02: People pass a sign for JPMorgan Chase & Co.
  26 27 28 29 30 31 32 33 34