Self-Driving Car Company Cruise, Owned by General Motors, to Cut 900 Jobs Amid Safety Concerns. Cruise, the autonomous vehicle company majority-owned by General Motors, is set to reduce its workforce…
Ex-Bank of China Manager Gets Life Sentence for Massive $325m Corruption Scandal A former bank manager in China, Xu Guojun, has been sentenced to life in prison for embezzling a…
TikTok is teaming up with Indonesian tech giant GoTo to revive its online shopping venture in Indonesia, investing over $1.5 billion in the country’s top e-commerce platform, Tokopedia. Following a…
Shohei Ohtani, Japan’s Baseball Star, Lands Record $700m Deal with LA Dodgers In a groundbreaking move, Shohei Ohtani, the 29-year-old Japanese baseball sensation, has secured a historic $700 million contract…
“Mobile phone networks like Vodafone, EE, Three, and O2 are facing a £3 billion legal claim for allegedly overcharging millions of UK consumers. The claim, known as the ‘Loyalty Penalty…
UK Watchdog to Examine Microsoft’s Partnership with OpenAI, Investigating Possible Merger Impact on AI Market The UK’s Competition and Markets Authority (CMA) is checking if Microsoft’s collaboration with OpenAI, in…
More Jobs and Lower Unemployment in the US as Economy Beats Expectations In November, American businesses hired more workers than anticipated, adding 199,000 jobs, according to the Labor Department. This…
Investors are being investigated in Israel over suspicions they knew about a Hamas attack in advance. A study suggests that some investors, betting against Israel’s economy, made significant profits through…
Escape from China’s ‘Ghost City’: A Malaysian Tenant’s Regretful Move A year ago, 30-year-old IT engineer Nazmi Hanafiah made the leap to Forest City, a massive Chinese-built housing project in…
Spotify, the big music app from Sweden, is going to cut 1,500 jobs, which is about 17% of its workers. The CEO, Daniel Ek, said it was a tough decision…
