Toyota has partnered with Tencent to attract younger drivers in China. Japanese automaker Toyota has announced a partnership with Tencent, a Chinese social media and gaming giant, as it tries to appeal to the tech-savvy younger demographic.
Sectors
Seafood Chain Red Lobster Initiates Search for Buyer Amid Looming Bankruptcy Filing
Red Lobster seeks buyer to evade bankruptcy amid debts and losses—casual dining industry woes worsened by the pandemic.
Southwest Airlines Considers Departure from Single-Class, Open-Seating System
Southwest Airlines CEO Bob Jordan revealed plans to potentially revamp the airline's cabin layout, including considering ending its open-seating tradition, a departure from its traditional model.
World's First AI Avatars With 'Expressive Emotions' To Be Released By Synthesia
Synthesia's new AI, "Expressive Avatars," improves digital storytelling with authentic emotional expressions. However, it faces scrutiny over potential misuse, with concerns about its deceptive capabilities and ethical implications.
Middle East Conflict Could Push Oil Prices to the Top and Drive Global Inflation, Says World Bank
The World Bank warns that escalating conflicts in the Middle East could push oil prices over $100 a barrel, potentially increasing the recent decline in global inflation and worsening economic challenges worldwide.
Latest News
Wall Street was alarmed by Meta's aggressive drive into AI development, despite the technology company's first-quarter earnings and revenues increasing 27% to $36.46 billion
Binance founder and former CEO Changpeng Zhao has publicly apologized for his past actions and "poor decisions" ahead of his sentencing.
Injury rates at SpaceX facilities remained higher above the industry average in 2023, according to an assessment of safety data submitted to US authorities by billionaire Elon Musk's space business.
Tesla's Autopilot driving system raises safety concerns after a tragic car crash near Seattle that hit and killed a motorcyclist.
Elon Musk's Tesla is poised to incur more than $350 million in expenses in the second quarter due to the mass layoffs that started last week.
A group of US solar producers petitioned the federal government to put taxes on imports from four Southeast Asian countries, claiming they threaten the American market.
Canada's Prime Minister Justin Trudeau has dismissed a plea from doctors to reconsider his government's proposal to raise the capital gains tax.
Novo Nordisk's Ozempic and Wegovy, two popular diabetes and weight-loss drugs, are pricey in the US, sparking a Senate probe.
German fashion house Hugo Boss announced Wednesday that it had agreed to sell its Russian operations to wholesale partner Stockmann, marking the end of its presence in Russia.
