Modi urges Tesla to build cars in India, but challenges lie ahead
Tesla appears to be inching closer to entering the Indian market. Reports indicate that the electric vehicle giant is actively recruiting and scouting for showroom locations in India. This move…
PayPal Unveils Ambitious Growth Plan for Venmo, Aiming for $2 Billion Revenue by 2027
PayPal is charting a bold course for its popular payment app, Venmo, with an ambitious strategy to boost revenue to $2 billion by 2027. With a strong foothold of 90…
Apple and Indonesia Near Agreement to Lift iPhone 16 Ban
Apple and Indonesia are reportedly closing in on an agreement that could lift the existing ban on the iPhone 16. Since its release, the popular smartphone has been unavailable in…
Apple CEO acknowledges potential changes to DEI programs
Shareholders of Apple Inc. recently convened to vote on a series of proposals that could have impacted the tech giant’s operations and policies. Among the proposals was one requiring Apple…
Major Asian Bank to Eliminate 4,000 Jobs as AI Takes Over
DBS Bank, Singapore’s largest lender, plans to significantly reshape its workforce in response to the integration of artificial intelligence (AI) technologies. The financial institution, employing roughly 41,000 people globally, intends…
1,000 Musicians Release Silent Album to Protest UK Copyright Sell-Out to AI
A collective of 1,000 musicians released a “silent album” this week to protest the United Kingdom’s proposed copyright law changes that they claim favor artificial intelligence companies over artists. The…
Apple Watch Shipments Experience Major Boost in India
The Apple Watch saw a significant rise in shipments last year, capturing half of the total premium smartwatch segment in India. This surge occurred as some seasoned users transitioned to…
SEC Decides Not to Sue Robinhood Over Crypto Practices
In a significant development in the cryptocurrency sector, the United States Securities and Exchange Commission (SEC) has decided not to initiate legal proceedings against Robinhood’s crypto unit after closing its…
TikTok and Douyin Lead the Way with $6B in Annual Consumer Spending
TikTok has triumphantly returned to app stores across the United States after a temporary ban delay due to national security concerns. In 2023, the popular short video application marked a…
PayPal Unifies Brands Under One Umbrella While Keeping Venmo Separate
PayPal has announced a significant restructuring of its enterprise services under a new initiative called PayPal Open. This strategic move aims to unify brands such as Braintree and Hyperwallet into…
Starbucks Lays Off 1,100 Corporate Workers in Effort to Streamline Operations
Starbucks is making significant adjustments to navigate growing competition and operational challenges in China, its second-largest market. The coffee giant’s new Chairman and CEO, Brian Niccol, spearheads these changes to…
Apple to Invest $500 Billion in U.S. Manufacturing and AI Expansion
Apple Inc. has announced a monumental commitment to invest $500 billion over the next four years, focusing on high-end manufacturing, engineering, and education within the United States. This substantial investment…
Canadian Chip and Hardware Manufacturers Prepare for Tariffs and Push for Local Support
Canadian hardware firms face growing concerns over tariffs as geopolitical tensions prompt shifts in production strategies. Ramee Mossa, leader of FTEX, notes that many of his clients are relocating production…
Apple MacBook Air M4 Expected This March with New Features
The Apple MacBook Air is poised for a significant upgrade, with the introduction of the M4 chip expected in 2025. According to renowned Apple analyst Mark Gurman, the much-awaited launch…
Google’s Veo 2 AI Video Model Priced at 50 Cents Per Second
Google has officially announced the pricing for its latest video-generating AI model, Veo 2. The cost is set at 50 cents per second, making it a competitive option in the…
Musk Orders Federal Employees to Justify Jobs in Email or Face Dismissal
The Office of Personnel Management (OPM) recently sent a controversial email to federal employees, demanding they account for their work activities from the past week by Monday at 11:59 p.m.…
BMW Delays Electric Mini Production Due to Uncertainty
BMW has confirmed it is delaying the reintroduction of electric vehicle production at its Oxford Mini plant, citing the “multiple uncertainties facing the automotive industry.” This decision affects the timeline…
Musk Faces Backlash as He Wields His Doge Chainsaw
Elon Musk, the billionaire entrepreneur, has been tasked by former President Donald Trump with implementing sweeping cuts to federal government spending through a metaphorical “chainsaw.” This initiative has sparked significant…
YouTube to Debut Lower-Priced ‘Premium Lite’ Tier in Select Markets
YouTube is on the brink of launching a new, more affordable subscription service dubbed “premium lite” in several countries. This new tier aims to provide users with ad-free access to…
Elon Musk’s DOGE Targets Agency Regulating Autonomous Vehicles
Elon Musk’s Department of Government Efficiency is firing nearly half of a small government team that regulates autonomous vehicles. The firings are part of a broader 10% reduction at the…