Articles by Jose Resurreccion


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GM Names Marc Whitten as New CEO of its Cruise Robotaxi Service
General Motors has hired former key Xbox engineer and executive Marc Whitten as the new CEO of Cruise, its robotaxi service, in an aim to recover itself after being suspended of its California license.
FDA Warns Bimbo Bakeries to Not Label Products with Allergens When They Contain None
The Food and Drug Administration said that they have warned the Mexican-American bakery Bimbo Bakeries to stop using labels saying that their products may have potentially dangerous allergens when they contain none.
UPDATE: Julian Assange Returns to Australia a Free Man After Pleading Guilty in US Court
Wikileaks founder Julian Assange is on his way back to Australia as a free man after he officially pleaded guilty to a US District Court in Saipan.
Disney May Come Under Antitrust Fire for Owning Hulu, ESPN, Court Ruling Reveals
US District Court judge Edward J. Davila partially denied Disney’s motion to dismiss the lawsuit brought by 25 subscribers to YouTube TV and DirecTV Stream.
Volkswagen Reveals $5 Billion Investment, Partnership with EV Maker Rivian
German automaker Volkswagen announced that it would invest $5 billion in US-based electric vehicle maker Rivian as part of a joint venture to share EV architecture and software.
Amazon Partners with Megan Thee Stallion to Promote 2024 Prime Day
Amazon revealed that it would be partnering with American hip-hop star Megan Thee Stallion to promote its 10th annual Prime Day event on July 16-17.
Amazon Plans to Hold Prime Day Sales on July 16-17
Amazon announced that its 10th annual Prime Day sales event would be held this year on July 16-17, beginning at 00:01 Pacific Time (05:01 UTC).
Hong Kong Minister Says Tech can Replace Some of City’s Frontline Civil Servants Amid Layoffs
Several basic frontline jobs in Hong Kong’s civil service would be replaced with technology as part of the city’s efforts to restructure its workforce and make 2,000 positions redundant by the end of 2025.
Julian Assange Walks Free After Pleading Guilty in Exchange of Not Being Extradited to US
Wikileaks founder Julian Assange was due to plead guilty this week for violating the United States’ Espionage Act, a part of a deal that would end his imprisonment in the United Kingdom.
Apple Becomes First Violator of EU’s DMA Rules, May Face $38 Billion Fine
The European Commission released a preliminary ruling that found Apple violating the European Digital Markets Act.
Australia's Seven West Media Cuts 150 Jobs, Cites Weak Ad Market, Deal Fallout with Meta
Seven West Media, one of Australia’s top media networks, announced that it would be laying off 150 of its staff due to weak advertising and as a way of preparing for the end of its commercial deal with social media giant Meta.
Audit Finds Australia's Treasury Overspending on Budget Night Functions
A recent report by the Australian National Audit Office found that the country’s Treasury department apparently spent over $22,000 on food, alcohol, and venues for its budget night functions, which allegedly breached its own probity laws and internal policies.
CDK Still Reeling from Cyberattack as Dealers Improvise to be Productive
CDK Global said that it would likely take several days to fix its system after it was hacked last week, urging affected dealerships to use alternative methods to become more productive.
Boeing may be Charged by US Prosecutors for Violating 2021 Settlement, According to Sources
Prosecutors recommended that the US Department of Justice file charges against Boeing after discovering it allegedly violated a settlement made in 2021 that shielded it from criminal charges.
Huge Fire Breaks Out at Scottish Industrial Park
Firefighters battle a huge fire at the Linwood Industrial Estate near Glasgow Airport in Scotland. This picture shows a general view of the skyline ahead of a fireworks display during the opening ceremony of the 2014 Commonwealth Games in Glasgow on July 23, 2014.
Bank Indonesia Keeps Interest Rate at 6.25% Amid Faltering Rupiah
Bank Indonesia announced that its interest rate was maintained at 6.25% for a second month in a row since April despite the weakening of the rupiah.
Shares of Australian-Mexican Food Chain Guzman y Gomez Soar North of 30% in Trading Debut
Australian Mexican restaurant chain Guzman y Gomez went public on June 20, 2024 at the Australian Stock Exchange and traded over 30% north of its IPO of A$22 ($14.67) per share.
Ecuador Hit by Nationwide Power Blackout
A power blackout affected the whole of Ecuador on June 19, 2024, which left the whole country and its 18 million people without power.
Auto Dealership Software Service CDK Global Shuts Down After Cyberattack
Car dealership software service CDK Global has been hacked this week, causing massive outages to thousands of dealerships across the United States.
OpenAI Co-Founder Ilya Sutskever Reveals New AI Startup Safe Superintelligence
OpenAI co-founder and former chief scientist Ilya Sutskever revealed his new startup called Safe Superintelligence.
Australia's Bird Flu Spreads to NSW; Experts Say Wild Birds at Fault
A poultry farm in the Greater Sydney basin in the Australian state of New South Wales is under quarantine after bird flu was detected in it.
Thai Central Bank Renews Opposition to Government's Plan to $14 Billion Cash
Bank of Thailand Governor Sethaput Suthiwartnarueput doubled down its opposition against the Thai government of PM Srettha Thavisin and its plan to give almost $14 billion in cash to almost all of its adult citizens.
Vietnam's Finance Ministry Plans to Offer Cash Rewards to Snitch on Corrupt Officials
The Vietnamese finance ministry is considering offering cash rewards to individuals offering tips to authorities in helping them track down corrupt government officials.
California Court Issues $5.9 Million Fine on Amazon for Breaking Labor Law
The California Labor Commissioner’s Office fined Amazon $5.9 million for violating a state law that prevented warehouse workers from being pushed to work so quickly that their personal health and safety were put at risk.
Nvidia Stocks Surpass Microsoft in Becoming Most Valuable in Big Tech Market
Nvidia officially surpassed Microsoft Tuesday (June 18) as the world’s most valuable company after its stock price is valued at $135 per share.
Toyota Shareholders Re-Elect Akio Toyoda as Chairman Amid Safety Test Scandal, Governance Issues
Toyota shareholders re-elected chairman Akio Toyoda to his post on the board but left him beleaguered due to the company’s governance issues and scandals involving some of its car models.
FDA Approves Merck's Capvaxive Vaccine Designed to Prevent Pneumonia on Adults
The Food and Drug Administration approved Merck’s new vaccine, Capvaxive, which was designed to protect adults from a bacteria known as pneumococcus that could cause serious illnesses like pneumonia, but is yet to face the CDC’s scrutiny.
Panera Bread Slices Dozens of Jobs in Arizona Dough-Making Facility as Part of Rebranding Plans
Panera Bread recently announced that it was closing down its dough-making facility in Chandler, Arizona on Aug. 15, 2024, which also meant laying off all its 64 employees.
China-Based DeepSeek’s Open-Source Generative AI Tool Coder Poses Competition vs. OpenAI’s ChatGPT, Other AI Platforms
Chinese artificial intelligence (AI) startup DeepSeek announced the release of its open-source generative AI code language model, Coder V2.
Disgruntled Disneyland Visitors File $9.5 Million Lawsuit over Overpriced Dream Key Passes
A lawsuit against Disneyland was recently filed after the attraction sold Dream Key annual passes for $1,400 each between August and October 2021.
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