The Australian eSafety Commissioner is engaged in a legal dispute with Elon Musk's X Corp over the social media giant's allegedly inadequate response to a transparency notice concerning online safety expectations, resulting in a hefty fine and ongoing court battles initiated by both parties.
Sectors
Saudi Aramco Stock Rises Post $11.2 Billion Secondary Offering
Saudi oil giant Aramco’s shares rose after a major $11.2 billion stock sale amid strong demand, aligning with Saudi Arabia's Vision 2030.
Volvo Shifts Production of Chinese-Made EVs to Belgium Amid EU Crackdown Concerns
Volvo is relocating the production of its Chinese-made electric vehicles to Belgium in anticipation of potential EU tariffs on Beijing-subsidized imports, thereby avoiding the need to halt sales of these EVs in Europe.
Samsung Workers Stage First Strike in Company's History
Samsung workers in South Korea stage their first-ever strike, organized by the Nationwide Samsung Electronics Union (NSEU) due to failed negotiations over pay and bonuses, impacting nearly a quarter of the company's workforce and coinciding with a strategic day off.
Virgin Galactic's Second 2024 Spaceflight Triumphs with International Tourists
Virgin Galactic completed its second spaceflight of the year, ferrying four tourists to the edge of space and back.
Latest News
Stanford University's study on Pfizer's antiviral Paxlovid finds no significant relief for long COVID-19 symptoms, prompting ongoing investigation into its potential effects on persistent symptoms in a groundbreaking clinical trial.
China's export growth picked up in May despite US trade tensions, according to customs data. China's export growth picked up in May faster than in over a year despite US trade tensions, according to customs data released on Friday, June 7.
Russia's President Vladimir Putin has claimed that almost 40% of the country's trade is now transacted in Russian rubles.
GSK has announced that the FDA has expanded the approval of its respiratory syncytial virus (RSV) vaccine, Arexvy, to those aged 50 to 59.
NASA has awarded seven companies a $1.5 million contract each to develop plans and strategies for the restored Mars Sample Return mission.
A Facebook comment by a self-described "professional" troll has the potential to complicate former President Donald Trump's recent hush money trial conviction.
Tesla is objecting to a $5.6 billion legal fee requested by the legal team that voided Tesla CEO Elon Musk's $56 billion pay package.
US household wealth reached a record high of over $160 trillion in the first quarter of 2024. In the first quarter of 2024, US household wealth reached a record high of $160.
A recent poll shows that the risk of losing employees may not be enough to prevent many companies from implementing stricter in-office mandates.
