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JD.com Launches Joybuy In Europe To Challenge Amazon And Rival Marketplaces

JD.com launched its European online shopping platform Joybuy on Monday as the company seeks to expand internationally and compete with major players such as Amazon and Chinese rivals already operating…

Mastercard And Bank of Shanghai Enable Cross-Border Transfers Through Mastercard Move

Mastercard has integrated Bank of Shanghai into its global money movement platform Mastercard Move to support two-way payment flows between China and international markets. The partnership is designed to make…

Mastercard Launches Cross-Border Payments Platform For SMEs In Asia Pacific

Mastercard has launched a new cross-border payments platform designed to help small and medium-sized enterprises expand into international markets. The solution, called Mastercard Global Commerce Suite for Small Businesses, is…

Rivian CEO RJ Scaringe Launches New Robotics Startup Mind Robotics

RJ Scaringe, best known for building electric vehicle maker Rivian, has launched a new robotics startup called Mind Robotics. The company recently raised a $500 million Series A funding round…

BPI Tests AI-Assisted Loan Approvals For Consumer And SME Lending

Bank of the Philippine Islands is testing artificial intelligence tools to assist with underwriting decisions for several types of loans, according to chief executive Jose Teodoro Limcaoco. The bank is…

Google Closes Record $32 Billion Acquisition Of Wiz

Google has finalized its $32 billion acquisition of Wiz, marking the largest purchase in Google’s history and the biggest acquisition ever involving a venture-backed startup. The deal reflects growing demand…

ByteDance Delays Global Launch Of AI Video Model After Hollywood Backlash

ByteDance has paused plans to release its new AI video model globally following criticism from Hollywood studios, according to a report by The Information. The company had planned to launch…

Giving Pledge Loses Momentum As Tech Billionaires Debate Philanthropy

The Giving Pledge, once a defining symbol of billionaire philanthropy, appears to be losing momentum as some wealthy tech leaders question whether the voluntary commitment still matters. Launched in 2010…

Apple Cuts App Store Commission Rates In China After Regulatory Talks

Apple said it will reduce its App Store commission rates in China following discussions with regulators, lowering the fee developers pay on certain digital purchases. The changes, announced Thursday, will…

Digg Reboot Cuts Staff As Bot Flood Undermines Community Model

The reboot of Digg has laid off a significant portion of its staff as the company struggles with large-scale bot activity that undermined its core community voting system. In a…

xAI Leadership Changes Leave Two Original Co-Founders As Company Rebuilds

xAI is undergoing a major leadership reshuffle that has reduced the number of its original co-founders from 11 to two as the company reorganizes to compete with rival AI developers.…

Honda Halts Key EV Programs As Automaker Faces Industry Shift

Honda Motor has halted development of several electric vehicle programs, a move that reduces the company’s immediate presence in the EV segment while the global automotive industry continues shifting toward…

Meta Considering Layoffs That Could Affect Over 20% Of Workforce

Meta Platforms is considering a round of layoffs that could affect more than 20% of its workforce, according to a report from Reuters. The potential cuts would represent one of…

U.S. Army Signs Potential $20 Billion Contract With Defense Startup Anduril

The United States Army has signed a long-term enterprise contract with defense technology startup Anduril Industries that could be worth up to $20 billion. The agreement, announced late Friday, consolidates…

Costco Faces Lawsuit Over Tariff Refunds After US Court Strikes Down Trump Duties

A customer of Costco has filed a proposed class action lawsuit seeking to force the retailer to return potential tariff refunds to shoppers who paid higher prices when import duties…

Grammarly Disables AI Feature That Imitated Famous Writers After Legal Backlash

Writing platform Grammarly has disabled an AI feature that imitated the writing personas of well-known authors and experts after criticism from those whose identities were used without consent. The feature,…

Qantas Agrees To Pay A$105m Settlement Over Cancelled Flight Refund Claims

Qantas Airways has agreed to pay A$105m (£55m; $74m) to settle a class action lawsuit alleging the airline failed to provide cash refunds for flights cancelled during the Covid-19 pandemic.…

UK Petrol Retailers Push Back on Government Claims of Fuel Price “Rip Offs”

Petrol retailers in the United Kingdom have criticized government warnings about fuel price “rip offs,” arguing that such language has triggered abuse directed at retail staff as petrol prices climb…

India’s Supreme Court Rejects Petition for National Menstrual Leave Policy

India’s highest court has rejected a petition calling for mandatory menstrual leave for working women and female students, with judges stating that such a policy could discourage employers from hiring…

NTSB Says Distracted Driving Likely Contributed To Fatal Crashes Involving Ford BlueCruise

Two fatal crashes in 2024 involving Ford vehicles using the company’s BlueCruise hands-free driving system likely occurred while drivers were distracted in the moments before impact, according to documents released…