Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to “health reasons”, after state-backed media reported he had been taken away by authorities. The company also warned on…
The US Supreme Court on Friday upheld a law that will ban TikTok in the United States, potentially denying the video-sharing app to 170 million users in two days. In a major…
Social media giant Meta announced Tuesday a significant rollback of its content moderation policies, including the termination of its third-party fact-checking program in the United States. “We’re going to get rid of…
The US Federal Reserve should be careful not to cut rates “too quickly” and risk reigniting stubborn inflation, a senior bank official said Wednesday. The Fed’s favored inflation gauge has dropped sharply…
Britain’s The Guardian newspaper announced Wednesday it would no longer post content from its official accounts on Elon Musk’s X, branding it a “toxic media platform” home to “often disturbing content”. “We…
OpenAI on Thursday beefed up its ChatGPT generative AI chatbot with search engine capabilities, as the startup takes on Google’s decades-long dominance of web search. The upgrade enables users to receive “fast,…
The EU on Tuesday decided to slap hefty tariffs on Chinese-made electric cars after an anti-subsidy probe concluded Beijing’s support to local manufacturers was unfair. The extra taxes have been controversial, with strong…
Tesla shares surged Wednesday after the electric car maker reported a jump in profits, as increased auto sales and lower expenses offset the drag from a drop in vehicle prices. The company,…
McDonald’s Quarter Pounders are temporarily unavailable in some states across the U.S. due to an outbreak of Escherichia coli food poisoning. There has been one confirmed death from the toxin the bacterium produces, according to the…
American Airlines reported a loss Thursday on costs connected to a new labor contract, but described travel demand as solid as it lifted its full-year earnings forecast. The big US carrier reported…
