Tesla CEO Elon Musk told investors a cheaper EV will be produced later this year. Tesla CEO Elon Musk informed investors on Wednesday, January 24, that a more affordable variant of the electric vehicle (EV) would be released later this year.
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FTC to Investigate AI Deals of Tech Giants Microsoft, Amazon, and Google
The Federal Trade Commission (FTC) has initiated an inquiry into the substantial investments made by tech giants Microsoft, Amazon, and Google in AI startups like OpenAI and Anthropic.
Woolworths Workers Criticize the Supermarket Over 'Woke' Australia Day Stance
Employees at Woolworths have voiced their displeasure over the supermarket's controversial Australia Day stance.
Keppel DC REIT's Second-Half DPU Falls 16.1% on Higher Property Expenses and Finance Costs
Keppel DC REIT has faced a 16.1% to 4.332 cents decline in its distribution per unit (DPU) for the second half of the year.
Levi Strauss Will Cut 10-15% of Global Corporate Jobs Under New CEO Michelle Glass
Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs. Levi Strauss & Co. has announced its intention to cut 10% to 15% of its global corporate jobs under the leadership of incoming CEO Michelle Gass, alongside a cautious fiscal outlook for the year, according to Reuters.
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Saudi Arabia has opened its first liquor store in over 70 years, marking a significant departure from its conservative traditions.
The world's largest uranium producer, Kazatomprom, is anticipating production issues over the next two years, which can trigger a price rise in uranium.
China has introduced a new strategy to transform domestic innovations into commercial products that can compete in the global market.
Microsoft briefly achieved a market capitalization exceeding $3 trillion during intraday trading on Wednesday.
Qatar, one of the world's top LNG producers, is delaying some deliveries to Europe due to the Red Sea crisis.
NATO Signs $1.2 Billion Contract for 155mm Artillery Ammunition to Boost Ukraine's Depleted Supplies
NATO has signed a $1.2 billion contract for thousands of artillery shells, some of which will be delivered to Ukraine after it complained of ammunition shortages amid war with Russia.
Chick-fil-A customers eligible for a $29.95 gift card as part of a $4.4 million lawsuit settlement are urged to act swiftly as the deadline approaches.
SAP's shares soar high in the first quarter of 2024 after announcing the restructuring plans to adopt AI technology in its workforce.
Netflix surprised Wall Street with 13 million new users in the fourth quarter. With a strong 13 million new members in the last quarter, Netflix shocked Wall Street and dispelled fears that its campaign against password sharing was losing momentum.
