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Author: admin

14Nov

Trump cuts tariffs on goods like coffee, bananas and beef in bid to slash consumer prices

President Donald Trump on Friday exempted key agricultural imports like coffee, cocoa, bananas and certain beef products from his higher tariff rates. The move comes as Trump faces political blowback…
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14Nov

Etihad Airways nine-month profit up 26% as passenger revenue jumps

Etihad Airways reported a nine-month profit of 1.7 billion dirhams ($463 million) on Friday, up 26% year-on-year, driven by higher revenue in both its passenger and cargo businesses. Passenger revenue…
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14Nov

Apple and OpenAI must face X Corp’s lawsuit for now, US judge rules

Apple, and ChatGPT maker OpenAI on Thursday failed to convince a federal judge to dismiss a lawsuit by Elon Musk’s X Corp accusing them of conspiring to monopolize markets for…
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13Nov

Musk’s xAI is raising $15 billion in latest funding round

Elon Musk’s artificial intelligence company xAI is raising $15 billion from investors, sources familiar with the matter told CNBC’s David Faber. Musk later called the news “False” in a post…
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13Nov

Apple cuts App Store fee in half for ‘mini apps’ that integrate more of its software

Apple on Thursday said it would cut the company’s App Store fees from 30% to 15% for some app makers, if they enter into a new program administered by the…
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13Nov

Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk

Tesla is recalling around 10,500 units of its Powerwall 2, a backup battery for residential use, according to a U.S. Consumer Product Safety Commission disclosure out Thursday. “The lithium-ion battery cells…
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13Nov

Disney stock falls 7% as media giant posts mixed results

Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but missed on revenue as the company’s entertainment business was weighed down by its TV networks and…
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13Nov

Google says group behind E-ZPass, USPS text scam has been ‘shut down’ after suit

Google said on Thursday said it has disrupted the foreign cybercriminal group behind a massive SMS text phishing operation within 24 hours of filing its lawsuit. “This shut down of Lighthouse’s…
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12Nov

Steve Jobs: Turning Technology Into Desire, and Failure Into Reinvention

A Restless Start, An Unusual Founder Steve Jobs did not begin with a polished path. He was adopted, curious, restless and often out of step with the rules around him.…
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12Nov

Toyota opens new U.S. battery plant, confirms $10 billion in new investments

Toyota Motor on Wednesday said it has started production at a new $13.9 billion battery plant in North Carolina and confirmed plans to invest up to $10 billion more than…
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