Business News

China, future HQ: New ASML boss faces bulging in-tray
2024-04-24 09:24:32
Frenchman Christophe Fouquet takes the reins of Dutch chip giant ASML on Wednesday with a daunting to-do list, top of which will be steering business with China as semiconductors become a geopolitical battleground.
Italy fines Amazon over 'recurring' purchase option
2024-04-24 09:24:32
Italy's competition authority said Wednesday it had fined two Amazon companies 10 million euros ($10.6 million) for unfair commercial practices, for pushing customers into agreeing to "recurring" rather than "one-time" purchases online.
China’s Li Auto sees shares fall after price cuts · TechNode
2024-04-24 02:24:05
Shares of Chinese electric vehicle maker Li Auto fell as much as 8.3% in Hong Kong on Monday and were nearly 5.6% lower on the Nasdaq, reflecting
China’s Zeekr hits high growth trajectory with its latest MPV · TechNode
2024-04-24 02:24:04
The launch comes as Geely’s EV unit sees strong and continuous demand for its products on its home turf and is set to embark on a major push into global markets
BEYOND WEEK | ORIGIN: Asia Tech Conference to unveil the future of Aisa's tech landscape at BEYOND Expo 2024 · TechNode
2024-04-24 02:24:02
TNGlobal is excited to announce the ORIGIN: Asia Tech Conference, themed “Unleashing Potential, Reimagine Future” to be held on May 23, 2024,
General Motors lifts 2024 profit forecast after strong Q1
2024-04-23 19:54:55
General Motors reported higher profits Tuesday thanks to continued strength in North America that offset a loss in its China business, enabling the carmaker to lift its forecast.
Cyberattacks are on the rise, and that includes small businesses. Here's what to know
2024-04-23 19:54:55
Cyberattacks on businesses are rising, including small businesses. It's a troubling trend because a breach can be very costly and time consuming if owners don't have a plan to deal with one.
Google fires more workers who protested its deal with Israel
2024-04-23 19:54:55
Google fired at least 20 more workers in the aftermath of protests over technology the company is supplying the Israeli government amid the Gaza war, bringing the total number of terminated staff to more than 50, a group representing the workers said.
UnitedHealth says wide swath of patient files may have been taken in Change cyberattack
2024-04-23 19:54:55
UnitedHealth says files with personal information that could cover a "substantial portion of people in America" may have been taken in the cyberattack earlier this year on its Change Healthcare business.
More support needed to help households transition to green energy, UK research concludes
2024-04-23 16:41:31
Citizens will need greater financial support and advice as they make the switch to decarbonized heat sources, research from Cardiff University shows.
Spotify swings to profit, paying subscribers rise
2024-04-23 13:43:03
Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter.
Wall Street is looking to Tesla's earnings for clues to Musk's plan to restore company's wild growth
2024-04-23 13:43:03
Faced with falling global sales and a diving stock price, Tesla has slashed prices again on some of its electric vehicles and its "Full Self Driving" system in an apparent effort to boost the company's earnings growth.
Honda to build major EV plant in Canada: govt source
2024-04-23 11:38:15
Japanese auto giant Honda will open an electric vehicle plant in eastern Canada, a Canadian government source familiar with the multibillion-dollar project told AFP on Monday.
Tesla earnings a 'moment of truth' for Musk after stumbles
2024-04-23 09:05:56
Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps—and not indications of a road to decline.
Target Confirms It Will Stop Selling Some Physical Media In Stores, Like Movies
2024-04-22 21:05:16
The days of walking into a store and buying a DVD are coming to an end, it seems
Meet The Guy Who Spent $90K On One Of The Rarest Copies Of Castlevania In The World
2024-04-22 21:05:08
A mysterious trove of vintage video games has collectors buzzing
Fallout 3's Reveal Led To Death Threats And Bethesda's First Security Guard
2024-04-22 21:05:08
The artist behind Fallout 4’s Deathclaw reveals just how bad things got back when Bethesda took over the series
Embracer Group reveals plan to split up into three separate companies
2024-04-22 21:04:53
Say hello to Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends.
Embracer Group To Split Into Three Companies, Including One Called 'Middle-earth Enterprises & Friends'
2024-04-22 21:04:52
The other two companies are Coffee Stain & Friends and Asmodee.
Most executives already using generative AI tools, survey shows
2024-04-22 20:51:15
Despite popular concern about generative AI making jobs redundant, a new survey by INSEAD shows employees and business leaders alike are enthusiastic about the transformative technology. In fact, two out of three respondents are already using it in their personal and professional lives.

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