Uber has agreed to pay $950 million in cash to acquire Taiwanese unit of Foodpanda owned by Delivery Hero.

Red Lobster is unexpectedly shutting 48 US locations, liquidating its assets via an online auction. A sign is posted in front of a Red Lobster restaurant on May 16, 2014 in San Bruno, California.

Sony named Hermen Hulst and Hideaki Nishino PlayStation division CEOs starting on June 1, replacing Jim Ryan.

Many British media groups wrote to Apple, expressing that its planned "web eraser" tool may threaten journalism's financial viability.

South Korea is planning to release a chip investment and research support package worth over $7.3 billion.

AT&T, Verizon, and T-Mobile will pay $10.25 million to settle a lawsuit alleging they lied about their "unlimited" and "free" plans.

China  to issue 1 trillion Chinese Yuan in long-term bonds starting this week to boost the economy.

Air Vanuatu has filed for bankruptcy protection after it canceled all its international flights, which left thousands of passengers stranded.

Apple's new iPad Pro advertisement has sparked angry reactions among people in the entertainment and other creative industries.

Qu Jing, a top PR executive at China's Baidu, departed amid allegations that she promoted a toxic work culture.

A House committee calls Microsoft's Brad Smith to testify later this month about software flaws that enabled hackers to access government officials' email accounts.

Warner Bros. Discovery disclosed a larger-than-expected quarterly loss, owing to decreased cable TV advertising income and Hollywood strikes.

A shortage of Huy Fong Foods’ Sriracha sauce could be on the way. Here’s why. Huy Fong Foods has suspended the manufacturing of Sriracha, a beloved chili sauce, after discovering that the supply of spicy peppers was inadequate due to the harsh climate.

General Motors said it will stop producing affordable Chevrolet Malibu cars later this year. The Chevrolet Malibu car is the final cheap sedan in General Motors' vehicle portfolio in the United States.

Major healthcare nonprofit Ascension said a cyberattack had interrupted its "clinical operations," prompting it to take measures to limit any impact on patient care.

Air India Express fired at least 30 cabin crew members a day after more than 300 staff called in sick to skip work and then turned off their phones.

A bread manufacturer in Japan has recalled 104,000 packs of sliced bread after two of them were found to contain rat parts.

Minnesota Governor Tim Walz has signed the "Taylor Swift bill" into law to boost protections for online ticket buyers.

New data shows that in 2023, renewable energy generated a record-breaking 30% of the world's electricity due to the rapid growth in wind and solar power.

Mini gold bars are selling like hot cakes in South Korea's biggest convenience store chain, CU.

A new survey shows that New York City is home to 349,500 millionaires and 60 billionaires, making it the wealthiest city in the world.

Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt.

A cleaning company in Tennessee has agreed to pay nearly $650,000 after a federal probe found it had employed over 20 children to clean dangerous slaughterhouses in Virginia and Iowa.

Amazon Web Services (AWS) is planning to invest nearly $9 billion to expand its cloud computing infrastructure and services in Singapore.

Palmer Candy, an Iowa-based candy company, is recalling several white-coated confectionary products due to potential Salmonella contamination.

The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.

Some California stores may be compelled to eliminate self-checkout lanes due to a new bill that changes the regulations of the service.

A recent study reveals that over 90% of stablecoin transaction volumes are not from consumers. An illustration picture taken in London on May 8, 2022, shows gold plated souvenir cryptocurrency Tether (USDT), Bitcoin and Etherium coins arranged beside a screen displaying a trading chart.

The Bill & Melinda Gates Foundation, Novo Nordisk Foundation, and Wellcome Trust collaborated to solve global health concerns using science and technology.

Rue21 has announced that it will be shutting down all of its 540 locations in the coming weeks. Popular teens clothing retailer Rue21 is shutting all 540 of its locations in the the coming weeks as it declares bankruptcy after almost 50 years in operation.