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Australian Facial Recognition Company Outabox's Biometrics Breached by Hackers

Australian facial recognition firm Outabox suffered a major breach of personal data and biometrics, prompting legal investigations and calls for stricter regulations to protect biometric privacy.


USDA Recalls 16,000 Pounds of Walmart Ground Beef Over E. coli Contamination

The USDA announced a nationwide recall of over 16,000 pounds of ground beef sold at Walmart due to potential E. coli contamination. The beef originated from Cargill Meat Solutions in Hazleton, Pennsylvania.

Mayer Brown to End 15-Year Partnership With China; US Law Firm Explains Why

Mayer Brown wants to end its 15-year partnership with China. But why? Mayer Brown wants to end its partnership with China. This was confirmed after the Chicago-based law firm announced reaching an agreement in principle to split from its operations in the Asian country.

Peloton CEO Barry McCarthy to Step Down While the Company Faces a Series of Layoffs Due to Low Profits

Peloton undergoes leadership change with CEO Barry McCarthy stepping down, accompanied by layoffs of 15% of staff, following disappointing fiscal third-quarter results.


Latest News

Universal Music Group Announces Job Cuts After TikTok Deal Talks Fail
Universal Music Group (UMG) and TikTok have resolved their recent dispute through a new licensing agreement.
Icons: Airbnb Launches Hollywood-Theme Houses Inspired From ‘Up,’ ‘X-Men 97’ Mansion
Airbnb is expanding its reach into the world of entertainment, specifically film and television, through its latest venture called Icons.
Uber Sued by London Black Cab Drivers for £250 Million Over Taxi Booking Rules
Uber is facing a multi-million-pound lawsuit filed by nearly 11,000 black cab drivers in London, England.
Australia's Macquarie Bank Terminating Cash Transactions in All Branches as It Shifts to Fully Digital Banking Services
Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering.
Joe Biden Administration Sanctions Hundreds of Companies to Choke Russia's Supplies of Military Technology
The administration of President Joe Biden has announced nearly 300 new sanctions targeting international suppliers of military equipment technology accused of helping Russia in its war against Ukraine.
Donald Trump Secures Another $1.6 Billion Worth of Shares in Trump Media
Former President Donald Trump has received another $1.6 billion worth of shares in Trump Media & Technology Group.
MICROSOFT
Microsoft CEO Satya Nadella made big investments in Thailand and Malaysia and other initiatives to expand its Southeast Asian footprint and advance AI technologies.
JPMorgan Chase to Pay a Civil Penalty of $100 Million Over Trade Reporting Gaps
JPMorgan Chase is expected to reach a resolution with a third US regulator that will require the bank to pay a civil penalty of $100 million.
BTS Agency HYBE Posts Lower-Than-Expected Q1 Profit, Blames Artist Hiatus and Rookie Group Expenses
K-pop agency HYBE reported on Thursday a disappointing lower-than-expected profit for the first quarter of 2024.
Amazon CEO Andy Jassy Violates Federal Labor Law With Anti-Union Comments, NLRB Finds
Amazon CEO Andy Jassy was found to have violated federal labor law due to comments he made regarding unionization at the company.