China’s Xpeng is introducing its great equivalent of Tesla’s Full Self-Driving technology to international customers in 2024.
Xpeng Eyes Global Expansion with Smart Driving Tech as Key Attraction Guangzhou-Based EV Maker Sets Sights on International Markets with Advanced Driving Assistance Systems In a strategic move that signifies…
Amer, supported by Anta Sports, successfully launches in New York following a US$1.4 billion stock offering
In an era where the synergy between Chinese capital and global markets is increasingly pronounced, Amer Sports’ debut on the New York Stock Exchange stands as a testament to the…
Amazon Abandons iRobot Vacuum Maker Acquisition Following EU Objections
The recent fallout of Amazon’s acquisition of iRobot, the company behind the iconic Roomba vacuum, marks a significant turning point not just for iRobot but for the entire home robotics…
Elon Musk Proposes Relocating Tesla’s Incorporation to Texas Following Legal Dispute
Tesla CEO Elon Musk announced that the electric car manufacturer plans to initiate a shareholder vote on relocating the company’s state of incorporation from Delaware to Texas. This announcement follows…
Investors Express Concerns Over AI Development Costs as Microsoft and Alphabet Shares Decline
Tech giants recently faced a stark reminder of the volatile nature of the stock market, with AI-related companies witnessing a staggering $190 billion wiped off their market value late on…
Disney Imagineer Introduces HoloTile Floor, Redefining Virtual Reality and Interactive Experiences
Lanny Smoot, a visionary Imagineer at Walt Disney Co., has once again blurred the lines between the realms of imagination and reality with his latest innovation: the HoloTile floor. This…
Federal Reserve Maintains Interest Rates, Signals Cautious Stance on Near-Term Cuts
On February 1st, the Federal Reserve maintained its interest rates unchanged for the fourth consecutive meeting, indicating a potential openness to rate cuts in the future. However, Jerome Powell, the…
Apple Unveils Groundbreaking Changes in Europe: Third-Party App Stores and Reduced Fees to Comply with DMA
Apple’s recent announcement to revamp its app ecosystem in Europe in accordance with the European Union’s Digital Markets Act (DMA) underscores a pivotal moment in digital market regulation and its…
CEOs of Meta, X, TikTok, Snap and Discord Testify about Child Safety
In a landmark Senate Judiciary Committee hearing, CEOs from some of the biggest social media companies faced a grilling over their records on child exploitation and efforts to protect teenagers…
IBM Wants Managers Back in Office: Either Relocate or Resign
IBM has mandated a return to in-person operations for its managers in the United States, enforcing a significant policy shift towards traditional office work. This decision, outlined in an internal…
Anticipated Impact: Hong Kong’s Decline on High-End Urban Property Values
Savills plc, a leading real estate firm, has predicted that at least a dozen major cities, including Hong Kong, New York, and San Francisco, are likely to experience a decline…
IMF Anticipates Global ‘Soft Landing’ on Horizon, Revises Upward 2024 Economic Growth Forecast
On Tuesday, the International Monetary Fund (IMF) slightly raised its global economic growth forecast, enhancing the projections for the United States and China, the globe’s primary economic powerhouses. This revision…
Universal Music Group Warns To Remove Songs From TikTok Once Deal Ends
Universal Music Group (UMG), one of the world’s leading music companies, has issued a warning that it may remove its extensive song catalog from TikTok once their existing deal concludes.…
Digital Transformation Success in the Oil and Gas Sector: Revolutionising the Industry through Cutting-edge Technology
Embracing Digitalization: A Path to Efficiency and Sustainability in the Oil and Gas Sector In the rapidly evolving landscape of global business and industry, the ability to effectively harness technological…
US consumer confidence reaches its peak since late 2021
As of January 30, 2023, the United States has witnessed a notable rise in consumer confidence, reaching its zenith since the close of 2021. This uptick is attributed to Americans’…
Fed anticipated to maintain stable interest rates while beginning to evaluate potential reductions
As we approach the conclusion of the Federal Reserve‘s two-day policy meeting this Wednesday, the financial world watches closely. With interest rates at a 22-year peak of 5.25% to 5.5%…
Elon Musk’s Tesla Pay Package Overturned by Delaware Court
The Delaware Chancery Court has made a landmark decision that overturns Elon Musk’s Tesla pay package, valued at $56 billion. This ruling by Chancellor Kathaleen McCormick represents a significant legal…
Peugeot Embraces ChatGPT for Seamless Driving Experience
Stellantis’ Peugeot brand is embarking on an innovative journey by integrating the advanced AI chatbot ChatGPT into its range of vehicles, marking a significant step in the automotive industry’s embrace…
Salesforce and Sprout Social Extend Partnership to Strengthen Social Media Strategy in B2B Marketing
Salesforce is taking a proactive step in strengthening B2B marketing strategies through an extended partnership with Sprout Social. Traditionally seen as a consumer-centric platform, social media has evolved to become…
Google and Yahoo’s Joint Initiative to Combat Spam
Google and Yahoo are set to implement stringent measures against bulk email spam, aiming to enhance email security and user experience. These changes are in response to evolving email-based threats…