Brief news The EU and China have agreed to discuss the anti-subsidy inquiry into Chinese electric vehicles (EVs). Chinese observers believe that this move shows […]
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Apple is accused by EU regulators of violating tech standards
Brief news The European Commission has accused Apple of violating the Digital Markets Act (DMA) by not allowing app developers to direct users to alternative […]
Alaska Airlines, flight attendants reach ‘record’ tentative labour deal
Brief news The Association of Flight Attendants has signed a tentative labor agreement with American Airlines, ending the lack of new contracts for cabin crew. […]
Tesla internal data suggests at least 14% workforce reduction this year
Brief news Tesla has cut its global staff to just over 121,000 people since 2023, including temporary workers, resulting in the company firing more than […]
Nvidia is unknown despite briefly surpassing Apple and Microsoft in market cap
Brief news Nvidia, a global leader in the graphics processing units (GPUs) market, has experienced a remarkable surge in valuation since the end of 2022, […]
Musk softens ‘go f— yourself’ comment to win back advertisers
Brief news Elon Musk clarified his comments about advertisers leaving his X social media platform during the Cannes Lions advertising festival. During the event, WPP […]
Safe Superintelligence is launched by OpenAI co-founder Ilya Sutskever
Brief news Ilya Sutskever, former head scientist at OpenAI and former leader of the Super Alignment team, has announced his new AI company, Safe Superintelligence […]
News in brief The Office for National Statistics reported that UK inflation fell to the Bank of England’s 2.0% target in May, meeting Reuters economists’ […]
Klarna rival Zilch raises $125 million to quadruple sales and hasten IPO
News in brief Deutsche Bank has provided $125 million in debt financing to British fintech business Zilch, enabling the company to triple sales in the […]
EU competition head says EU will strategically battle U.S. and China on trade
In brief The European Union’s competition director said Tuesday that while it couldn’t compete economically with the U.S. and China, it could compete strategically. Margrethe […]