Reddit is going public after submitting its IPO prospectus to the US Securities and Exchange Commission (SEC) on Thursday.
Industry
China Expects Tesla to Update 8,700 Vehicles Over Camera Issues
Tesla is set to issue a software update to address rear camera issues affecting 8,700 vehicles in China amid ongoing regulatory scrutiny.
Apple Slams Spotify After Its Complaint to European Commission Intensifies
Spotify's EU complaint over Apple's alleged unfair competition receives a reply from the Cupertino-based company as a potential 500 million euro fine looms.
Volvo Cars Faces 5% Market Dip After Stake Distribution Plan
Volvo Cars' 5% decline in European markets comes after it decides to distribute 62.7% of its Polestar stake to shareholders, aiming to refocus resources for transformation.
Vodafone Idea Eyes Capital Raise As Shares Jump 9% And Debt Remains High
Vodafone Idea Limited witnessed a significant surge in share value, with prices rising 9% to Rs 17.60 ($0.21), while announcing plans for fundraising to address high debt levels and facilitate 5G network upgrades.
Latest News
Renault CEO Luca de Meo urges European industrial nations to counter the threat of cheap foreign electric vehicles, highlighting Europe's passive stance in contrast to US subsidies and Chinese industrial strategies.
CEO Tufan Erginbilgic attributes Rolls-Royce's success to its transformation efforts, with a forecasted 6% profit growth in 2024.
Critics question Soriot's pay package justification amidst concerns over income inequality and corporate governance.
A widespread cellular service outage affects major providers like AT&T, Cricket Wireless, Verizon, and T-Mobile across the United States, and no definitive explanations have been provided yet.
Under Jonah Peretti, BuzzFeed's layoffs will be in line with their aligned efforts to keep up with changing market dynamics for a more sustainable model.
Philippine media giant ABS-CBN Corp. has revealed that the planned sale of its ownership in Sky Cable Corp. to telco leader PLDT Inc. has been called off.
Type One Energy has unveiled its plan to repurpose the retired Bull Run Fossil Plant in Oak Ridge, Tennessee, into a prototype fusion reactor site.
The economy is China's utmost priority as they draft a law to protect private firms and promote nation confidence and innovation.
Tom Ochinero, a senior executive at SpaceX, resigns amid active preparations for Starship rocket's third test flight and Starlink satellite internet project expansion.
