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Ford Faces $165 Million Penalty Over Delayed Rearview Camera Recall

Ford Motor Company has agreed to pay up to $165 million in penalties after the National Highway Traffic Safety Administration (NHTSA) found the automaker failed to promptly address a recall…

AMD Cuts Workforce by 4 Percent as Competition in AI Chip Market Heats Up

AMD is set to reduce its workforce by 4%, translating to approximately 1,000 employees, as part of a strategic move to strengthen its position in the artificial intelligence (AI) chip…

Trump Nominates RFK Jr., a Vocal Anti-Vaccine Advocate, as Secretary of Health and Human Services

President-elect Donald Trump has nominated Robert F. Kennedy Jr., an anti-vaccine activist and former 2024 presidential candidate, to lead the Department of Health and Human Services (HHS). Kennedy, who endorsed…

TikTok Adds Lemon8 Integration Amid U.S. Ban Threat

TikTok users can now directly access ByteDance’s latest social media app, Lemon8, using their TikTok login, enabling seamless cross-sharing between the two platforms. Announced on Tuesday, the integration will let…

Italy Moderates Proposed Crypto Tax Increase

The Italian government is reportedly revising its approach to cryptocurrency taxation, proposing to increase the capital gains tax on digital assets from 26% to 28%, rather than the previously speculated…

Tencent Reports 47% Profit Jump as Games and AI Drive Growth

Tencent posted a stronger-than-expected 47% profit surge in the third quarter, driven by gains in gaming, advertising, and cloud services, as announced on Wednesday. The Chinese social media and gaming…

Nvidia and SoftBank Unveil First AI and 5G Telecom Network

Chipmaker Nvidia and SoftBank Corp have launched a pilot for the world’s first telecom network that combines artificial intelligence (AI) and 5G technology. Announced on Wednesday, this collaboration pioneers a…

North Korean Malware Bypasses Apple’s Security Measures to Target macOS Systems

Researchers at Jamf Threat Labs have uncovered a series of applications developed by North Korean hackers that managed to bypass Apple’s stringent security protocols, including its notarization process. This development…

Coinbase Unveils COIN50 Index for Global Digital Asset Tracking

Coinbase has expanded its offerings with the introduction of a new index, the Coinbase 50 Index (COIN50), which monitors over 50 digital currencies available on its platform. Announced on November…

Meta Cuts EU Ad-Free Prices by 40%, Adds Unskippable Ads for Free Users

Meta, under mounting pressure from European regulators, announced a 40% price cut for its ad-free Facebook and Instagram plans within the EU. Starting November 13, Meta’s ad-free plans now cost…

Tesla’s Cybertruck Hits Sixth Recall in a Year for Faulty Inverters

Tesla’s Cybertruck is facing yet another setback. The automaker just issued its sixth recall for the steel-bodied pickup, affecting 2,431 units built between November 2023 and July 2024. Tesla’s latest…

Cryptocurrency Markets Approach ‘Extreme Greed,’ Potential Deleveraging Ahead of $100K Bitcoin

As cryptocurrency markets experience a sharp upward trajectory, signs of overheating are emerging, with some market leaders cautioning about a potential deleveraging phase before further gains. On November 12, the…

Vietnam Expands Chip Packaging as Companies Shift Production from China

Vietnam is rapidly expanding its footprint in the semiconductor back-end manufacturing sector, attracting foreign investment as companies reduce operations in China due to escalating trade tensions with Western nations. Foreign…

Caitlyn Jenner Sued by Investors Over JENNER Memecoin Controversy

On November 13, a class-action lawsuit was initiated by Naeem Azad and Mihai Caluseru, citizens of the United Kingdom and Romania, respectively. Filed in a California federal court, the suit…

Bitget Resumes Operations in the UK Following Regulatory Compliance

Cryptocurrency exchange Bitget has officially resumed its services in the United Kingdom, aligning with local financial regulations to ensure full compliance with the financial promotions regime. This development, confirmed on…

Tragic End for Crypto Influencer Kevin Mirshahi Found in Montreal After Abduction

In a grim development, the decomposing body of Kevin Mirshahi, a noted crypto influencer, was discovered in Île-de-la-Visitation park, Montreal. Local media reported that a passerby found Mirshahi’s remains on…

Samsung Shares Drop as Trump Tariff Concerns Spark Market Reaction

Samsung Electronics shares reached a four-year low on Wednesday, impacted by concerns over potential U.S. tariffs on Chinese imports under a possible new Donald Trump administration, as analysts note. The…

Meta Partners with US, UK Universities to Test VR in Classrooms

Meta is taking a big step to get virtual reality (VR) into classrooms, partnering with 13 universities across the U.S. and U.K. to see how VR might actually work for…

23andMe Cuts 40% of Staff as Revenue Falls

23andMe just dropped some major news in a tough year for the genetic testing company. After months of financial challenges, data breaches, and leadership shakeups, the company has announced that…

Guardian Pulls Official Accounts from Musk’s X

The Guardian has announced it will no longer post on X, the social media platform owned by Elon Musk and formerly known as Twitter. The decision, affecting more than 80…