Tesla Inc.'s market value plummets below $500 billion from $1 trillion as shares continue to decline in 2024. This decline was further worsened by job cuts announced by Elon Musk.
Sectors
United Airlines Slashes Reliance on Boeing Planes After Reporting $124 Million Loss
United Airlines has revised its aircraft-delivery expectations for the year due to delays from Boeing.
Honda to Roll Out 6 Next-Gen Electric Cars in China by 2027
Honda unveils plans for six next-gen EVs under the 'Ye' brand by 2027. It is targeting China market dominance amid rising competition and aiming for 100% EV sales by 2035.
Meta CEO Mark Zuckerberg Cleared of Personal Liability in Child Addiction Lawsuits by Court Decision
Meta CEO Mark Zuckerberg cleared of personal liability in child addiction lawsuits. US District Judge dismisses claims, emphasizing the necessity of a "special relationship" for liability. Meta remains liable, and lawsuits are ongoing.
Japan Proposes EU-like Regulation to Curb Big Tech App Marketplace Monopoly
The bill aims to prevent gatekeeping by major platform operators like Apple and Google by restricting actions such as blocking third-party stores.
Latest News
YouTube is expanding its fight against ad blockers to third-party apps, potentially causing disruptions for mobile users accessing videos through such apps.
Apple launched an advanced Earth Day campaign, urging customers to recycle their devices for free through its recycling partners and releasing its "Recycling Robots" that can salvage materials from 23 iPhone models.
Microsoft's $1.5 billion investment in G42, an AI firm based in the UAE, faces security concerns from US officials over alleged ties to China.
The US Department of Justice (DOJ) reportedly plans to sue Live Nation, the parent company of Ticketmaster, for federal antitrust violations.
The design of the North Nanjing train station has sparked contrasting opinions. Some have compared it to a sanitary pad, while the official proposal suggests that it represents plum blossoms.
President Joe Biden has refused to participate in the House impeachment inquiry. President Joe Biden has refused to participate in the House impeachment inquiry.
Vodafone customers expressed their frustration on social media on Tuesday as they reported widespread voice call outages throughout Australia.
The first auditor appointed by former President Donald Trump's social media company has reportedly resigned after just a brief tenure.
Elon Musk is once again making changes to the guidelines for his social media platform X. X (formerly Twitter) CEO Elon Musk attends a symposium on "Antisemitism Online" during the European Jewish Association conference in Krakow, on January 22, 2024.
