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Temu’s Chinese Owner Reports Sharp Profit Drop Amid Trade War

PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, citing the impact of US trade policies and intense competition in…

Brazil Sues Chinese Automaker BYD Over Alleged ‘Slave-Like’ Conditions

Brazilian authorities have filed a lawsuit against Chinese electric vehicle (EV) manufacturer BYD and two contractors, accusing them of involvement in human trafficking and subjecting workers to conditions “analogous to…

YouTube Surpasses Disney and Netflix in TV Viewing

Nielsen’s latest report highlights YouTube’s growing dominance in the television viewing landscape. The platform has maintained the largest share of TV audience time for three months straight, marking a notable…

Tesla’s European Sales Continue to Plummet Despite Model Y Refresh

Tesla’s sales in Europe have fallen sharply this year, and recent data suggest the cause is less about new vehicle models and more about CEO Elon Musk’s controversial public behavior.…

Trump Mulls New Sanctions on Russia Amid Rising Anger at Putin

Last week, President Donald Trump spoke by phone with Russian President Vladimir Putin, who committed to drafting and sending a “memorandum of peace” outlining Russia’s terms for a ceasefire in…

AI-Generated TikTok Videos Used to Spread Malware

Cybercriminals are exploiting TikTok’s viral video format by creating fake tutorials that lure users into downloading malware designed to steal sensitive information from their PCs. According to cybersecurity firm Trend…

KFC Plans to Create 7,000 Jobs in UK and Ireland Expansion

KFC has unveiled plans to create 7,000 new jobs across the UK and Ireland as competition in the fast-food chicken market heats up, with rivals like Wingstop making significant inroads.…

Spotify Introduces New Tool for Greater Playlist Customization

Music streaming has become a key way people discover new artists, and Spotify continues to experiment with tools to improve this experience. Its latest experiment lets users specify subgenres within…

Netflix to End Support for Select Older Amazon Fire TV Devices This June

Netflix is set to end support for some older Amazon Fire TV devices starting June 3. Users of the Fire TV (2014), Fire TV Stick (2014), and Fire TV Stick…

Google Pixel 10 Rumors Everything Confirmed and Speculated

In May, a user on X spotted a commercial shoot for the Google Pixel 10 Pro, offering a first glimpse of the upcoming flagship smartphone. While not a close-up, this…

Musk’s DOGE Unit Uses Customized Grok AI, Prompting Privacy Concerns

A new report indicates that the Department of Government Efficiency (DOGE), heavily influenced by Elon Musk, is utilizing a customized version of the Grok AI chatbot developed by xAI. According…

Nike to Sell Directly on Amazon Again for First Time Since 2019

Nike is set to resume selling its products directly on Amazon in the U.S. for the first time since 2019, CNBC has confirmed. In 2019, Nike and several other major…

Trump Administration Removes Biden-Era Crypto Barrier in 401(k) Plans

The Trump administration on Wednesday reversed Biden-era rules restricting cryptocurrency and related digital assets like NFTs and meme coins in 401(k) retirement plans. Labor Department Rescinds ‘Extreme Care’ Guidance The…

Musk’s Commitment to Focus Boosts Tesla Shares Ahead of Starship Launch

Tesla shares jumped nearly 7% on Tuesday after CEO Elon Musk emphasized over the weekend his intention to concentrate fully on his businesses, particularly Tesla, xAI, and the social platform…

Chinese Tech Giants Reveal Strategies to Overcome U.S. Chip Export Restrictions in AI Race

Tencent and Baidu, two of China’s largest technology companies, have revealed how they are navigating the global artificial intelligence race despite tightened U.S. export controls on key semiconductors. Martin Lau,…

Judge Says Musk’s Role at DOGE Is “Continuous and Permanent”

A Washington, D.C., federal judge ruled Tuesday that Elon Musk’s role leading the Department of Government Efficiency (DOGE) extends well beyond a temporary advisory position, contradicting the White House’s claims…

Getty Images CEO Says Millions Spent Battling AI ‘Rhetoric’ in Court

Getty Images is investing millions to fight what CEO Craig Peters calls a “world of rhetoric” in its legal battle against Stability AI, the UK-based startup behind the text-to-image model…

SpaceX Starship Explodes for Third Consecutive Flight as Musk Vows More Launches

SpaceX faced its third consecutive setback when the Super Heavy booster and Starship rocket exploded during an uncrewed test flight on Tuesday. This ninth test mission ended with the booster…

Opera’s New Browser Can Build Websites and Games Automatically

Opera introduced a new browser called Opera Neon on Tuesday, designed to streamline AI workflows and perform tasks such as shopping, filling out forms, and coding on behalf of users.…

Volvo Considers New Plug-In Hybrid Production in South Carolina

Volvo Cars is exploring building a new plug-in hybrid vehicle at its Ridgeland, South Carolina facility. CEO and President Håkan Samuelsson revealed the plan during an analyst call on April…