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  • Amazon Invests $4B to Launch AWS Infrastructure Region in Chile

Amazon Invests $4B to Launch AWS Infrastructure Region in Chile

While at COP28, Amazon announced a $4 billion investment to build out its Amazon Web Services (AWS) infrastructure in Chile. Onboarding AWS customers The new initiative facilitates engagement with both…

Energy Star Program Faces Potential Shutdown Under Trump Administration

Sadly, the Trump administration is reportedly considering phasing out the Energy Star program entirely. This program has gained national acclaim among both consumers and their representatives for saving consumers hundreds…

Disney Unveils Plans for Theme Park and Resort in Abu Dhabi

Well, this week, Disney made the news of the year with plans to build a new theme park resort in Abu Dhabi. This represents a huge creative expansion of their…

Warren Buffett Announces Retirement from Berkshire Hathaway at 94

Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, just dropped a bombshell. He’s retiring at the end of this year. At age 94, Buffett has turned Berkshire Hathaway…

Elon Musk’s Starbase in Texas Set to Become a City

Elon Musk’s SpaceX on the verge of turning Starbase, Texas, into a city. They are waiting on the local voters’ green light to take the next steps. The proposed city…

Uber CEO Defends Employee Benefits Changes as a Necessary Risk

Uber CEO Dara Khosrowshahi made waves last week when he announced a new flex-office policy. Now, employees will be required to work in the office at least three days a…

Tesla Faces Significant Sales Decline in Germany as BYD Gains Traction

This was especially true for Tesla’s sales in Germany which took a dramatic plunge in April 2025 as the company sold a measly 885 vehicles [autoevolution.com]. This number equates to…

Uber turns to Chinese companies to snap up robotaxi market share in Europe, Middle East

Uber has announced its third partnership with a Chinese autonomous vehicle company, signaling its commitment to global expansion in the emerging robotaxi sector. This week, Uber revealed a partnership with…

Tesla Introduces New Affordable Variant of Model Y

Tesla surprised just about everyone when it recently took the wraps off a new variant of its hugely popular Model Y, the Long Range Rear-Wheel Drive. This new addition to…

OpenAI’s Restructuring Plan and What It Means for Its Corporate Future

As many readers know, OpenAI is currently embroiled in a closely watched, high-profile lawsuit with Elon Musk. He charges the nonprofit organization with straying from its initial nonprofit charter—to create…

Uber set to acquire 85% of Turkish food delivery platform for $700 million

Uber Technologies Inc. has plans to buy an 85% stake in the Turkish food delivery app Trendyol GO. The deal is worth about $700 million in cash. With this move,…

Temu and Shein face massive tariffs but remain strong contenders in the U.S. e-commerce market, experts say

China-based Temu and Shein, two of the most disruptive new entrants in recent U.S. e-commerce history, are preparing for a whiplash-inducing reversal on their home courts. The Trump administration plans…

India Concerned Over Chinese ‘Dumping’ Amid Escalating Trade Tensions

India’s government must contend with a large and growing trade deficit. As a consequence their trade deficit with China has just rocketed to an eye-popping $100 billion (£75 billion). This…

Rivian Cuts Delivery Guidance Due to Tariffs and Trade Wars

Rivian Automotive, the electric adventure vehicle-maker, just lowered its delivery guidance for 2025. The company lists economic pressures and increased capital expenditures due to tariffs as primary drivers for this…

DoorDash to Acquire Deliveroo for $3.9 Billion in Global Expansion

British rival and fellow food delivery giant Deliveroo got its own surprise takeover offer on Friday from American rival DoorDash. This historic agreement is worth $3.9 billion. This strategic partnership…

YouTube Tests Discounted Two-Person Premium Subscription Tier

YouTube is testing a new two-person Premium subscription tier as part of its ongoing effort to enhance user experience and value. Since then, the pilot program has rolled out in…

OpenAI Commits to Nonprofit Control Amid Outside Pressure

OpenAI, the widely touted artificial intelligence research institute, is looking at remaking itself as a public benefit corporation. It will ride this wave supported by the reins of its nonprofit…

Tesla Sales Drop Across Europe Despite Surge in April EV Sales

Tesla’s new car sales in Spain dropped by 36% in April, reaching just 571 vehicles year-over-year, according to Reuters. This slump coincides with rising sales of electric vehicles made by…

Residents of SpaceX’s Starbase Vote to Incorporate as a City

In early December, Elon Musk tweeted out that SpaceX is moving its headquarters. The new headquarters will be at the company’s Starbase facility in Boca Chica, Texas, relocating from El…

EU Hits TikTok With $600M Fine Over China Data Transfers

TikTok has been fined $600 million (530 million euros) by European regulators after a four-year investigation revealed that the app’s data transfers to China put its users at risk of…