Volvo’s New Electric SUV Promises Up to 810 km Range on a Single Charge
Stolkholm: Volvo Cars' new electric mid-sized SUV, which launches later this month, will offer a driving range of up to 810 km (503 miles) on a single charge, the Swedish…
Samsung Forecasts 3x Profit Surge on AI-Driven Memory Chip Boom
Seoul: Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a year earlier to a record high as tight supply and a surge in artificial intelligence-driven…
Elon Musk wins jury trial in lawsuit challenging OpenAI’s shift to for-profit
Washigtone: Billionaire entrepreneur Elon Musk persuaded a judge on Wednesday to allow a jury trial on his allegations that ChatGPT maker OpenAI violated its founding mission in its high-profile restructuring…
Morgan Stanley Promotes 184 to Managing Director, Up 6% From Last Year
Morgan Stanley promoted 184 of its employees to managing directors this year, an about 6% increase from a year ago, according to an internal memo. The promotions, up from 173…
Warner Bros Discovery Board Rejects $108.4B Paramount Skydance Hostile Bid
Los Angeles: Warner Bros Discovery's board unanimously turned down Paramount Skydance's latest attempt to acquire the studio, saying its revised $108.4 billion hostile bid amounted to a risky leveraged buyout…
Chevron in talks with US to expand Venezuela oil license
Houston: Oil producer Chevron is in talks with the U.S. government to expand a key license to operate in Venezuela so it can increase crude exports to its own refineries…
Ford to Launch Level 3 Hands-Free, Eyes-Off Driving on Highways by 2028
Las Vegas: Ford Motor said on Wednesday it would bring Level 3 driver-assistance systems to market in 2028, allowing drivers to take their hands and eyes off the road while…
Anthropic eyes multi-billion fundraise at $350bn valuation
Anthropic is planning a multi-billion-dollar fundraise that would value the Claude chatbot maker at $350 billion, two sources told on Wednesday. This represents a nearly double increase in its valuation…
JPMorgan Replaces Goldman Sachs as New Issuer of Apple Card
JPMorgan Chase and Apple on Wednesday announced a deal under which the bank will become the new issuer of the Apple Card, replacing Goldman Sachs, further expanding the biggest U.S.…
Rivian recalls nearly 19,700 EVs in U.S. over rear toe link issue
Rivian Automotive is recalling 19,641 previously serviced R1S and R1T electric vehicles in the U.S., citing incorrectly assembled rear toe link, the U.S. National Highway Traffic Safety Administration said on…