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One of China’s leading autonomous driving startups, Pony.ai, confirmed that one of its fully driverless robotaxis caught fire in Beijing on 13 May, as...
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Investing News
Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes necessary to...
Investing News
UnitedHealth Group announced a new chief executive Tuesday, a sudden and surprising change following the fatal shooting in December of its UnitedHealthcare subsidiary’s leader. Andrew Witty stepped...
Investing News
CAMDEN, N.J. — The father and son duo behind a stock fraud scheme involving the infamous $100 million New Jersey deli were sentenced to...
Investing News
McDonald’s announced a plan to hire 375,000 employees across the U.S. this summer. The plan, announced on Monday, is one of the fast-food chain’s...
Stock News
Advanced Micro Devices Inc (NASDAQ: AMD) is pushing significantly to the upside this morning after announcing a material increase to its share repurchase authorisation....
Stock News
Perplexity partners with PayPal to offer in-chat payments as AI-driven agentic commerce surges, as per a CNBC report. Perplexity AI’s new integration with PayPal...
Investing News
Financial technology company Chime on Tuesday filed paperwork to go public on the Nasdaq. The company intends to file under the ticker symbol “CHYM.”...
Economy News
Nvidia Corp. came within striking distance of overtaking Apple Inc. as the world’s second most valuable company on Tuesday, as its stock rallied on...
Economy News
Burberry is set to cut as many as 1,700 jobs worldwide as part of a wider cost-cutting effort, as the British fashion house grapples...