Business News

Boeing CEO paid $33 mn in 2023, gave up bonus over MAX 9 incident
2024-04-06 11:08:57
Boeing's CEO received $33 million in compensation for 2023 but declined a potential $2.8 million bonus following the near-catastrophic Alaska Airlines incident in January, the company said Friday in a securities filing.
Elon Musk says Tesla will unveil robotaxi in August
2024-04-06 11:08:57
Elon Musk revealed Friday that Tesla will pull back the curtain on a robotaxi this summer, news that comes as the adoption of self-driving vehicles hits speed bumps over safety concerns.
Vladimir Putin Pushes Russia To Make Consoles To Compete With PlayStation And Xbox
2024-04-05 22:53:45
Russia’s tech industry has been given till June 15 to execute this mandate
Roku’s New HDMI Tech Could Show Ads When You Pause Your Game
2024-04-05 22:53:42
Just what we all wanted, even more ads to deal with in our everyday life
Company Of Heroes Dev Relic Suffers Layoffs After Going Independent From Sega
2024-04-05 22:46:13
41 employees were seemingly affected.
Dragon Quest Producer Steps Down Amid DQ12 Delays And Square Reorg
2024-04-05 22:45:39
Square Enix’s new president is shifting the company's priorities to in-house AAA games
Elon Musk announces August 8 Tesla Robotaxi unveiling event
2024-04-05 22:33:37
Revealed just under two years ago, Tesla has been preparing to enter the robotaxi industry with a new product of its own.
Texas can lead the new hydrogen economy, study finds
2024-04-05 18:00:48
A new study highlights the potential for Texas to become a global leader in the development of a robust hydrogen economy.
Without community support, the green energy transition will fail: How to get communities on board
2024-04-05 15:38:30
Connecting cheap, clean energy from renewables comes with a hidden cost and challenge: building 5,000 kilometers of new transmission lines this decade, and another 5,000km after that. This sounds like a lot, but 5,000km is only around 10% of the existing grid network, and unlocks more than 32 gigawatts of new clean energy capacity by 2030.
Apple lays off more than 600 workers in California in its first major round of post-pandemic cuts
2024-04-05 14:17:30
Apple is laying off more than 600 workers in California, marking the company's first big wave of post-pandemic job cuts amid a broader wave of tech industry consolidation.
AI a 'game changer' but company execs not ready: survey
2024-04-05 14:17:29
A majority of corporate executives across leading economies believe artificial intelligence will be a "game changer" for their industry but admit their leadership teams lack the knowledge to understand AI's risks and rewards, a study showed Friday.
McDonald's buying back its franchises in Israel as boycott hurt sales
2024-04-05 11:16:24
McDonald's says it's acquiring Alonyal, which owns 225 McDonald's restaurants in Israel that have been hit by calls for a boycott over the war with Hamas in Gaza​.
Cartels, mafias and gangs in Europe are using fruit companies, hotels and other legal businesses as fronts, Europol says
2024-04-05 11:16:22
Europol has identified 821 particularly threatening criminal networks with more than 25,000 members in the bloc.
China's green-tech manufacturing powerhouse
2024-04-05 06:59:36
China has extended its manufacturing domination to clean energy industries in recent years, alongside a global push for climate change action, but that is starting to worry the United States, Europe and others.
X gives free blue check to big follower accounts
2024-04-05 06:59:35
Users with big followings will receive a free subscription to X, formerly Twitter—and the platform's famous blue check, the company said in another policy U-turn.
Roblox executive says children making money on the platform is “a gift”
2024-04-04 23:24:01
Roblox pays third-party developers in Robux, which can be redeemed for cash.
OpenAI’s “year of the enterprise” includes new tools for increasing AI accuracy
2024-04-04 23:23:22
Companies can make a carefully tailored version of ChatGPT.
Fantasy sports company PrizePicks says it will hire 1,000 in Atlanta as it leases new headquarters
2024-04-04 21:21:54
PrizePicks will expand its operations in Atlanta, hiring an additional 1,000 employees over seven years, the fantasy sports company announced Thursday.
Beware businesses claiming to use trailblazing technology. They might just be 'AI washing' to snare investors
2024-04-04 19:32:25
Staying competitive in the finance sector is vital, with many companies moving quickly to adopt artificial intelligence (AI) to reduce costs and streamline operations.
Ford to delay production of new electric pickup and large SUV as US EV sales growth slows
2024-04-04 18:46:27
With U.S. electric vehicle sales starting to slow, Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.

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