Mercedes-Benz is implementing job cuts in China as part of its strategy to reduce workforce costs by 25% by 2027, aiming to streamline operations in its largest market. This move comes after
The U.S. Securities and Exchange Commission (SEC) may have wrapped up its investigation into the crypto exchange Gemini, but the exchange isn’t backing down from its criticisms of the agency. Cameron Winklevoss,
Deutsche Telekom AG has revised its profit outlook for 2025, predicting a more modest growth than analysts had anticipated, due to the ongoing price wars in European markets that dampened its growth
Indonesia and Apple have reached an agreement that could lift the country’s ban on the iPhone 16, with a deal expected to be signed as early as this week, according to sources
Elon Musk’s SpaceX is advancing efforts to deploy Starlink satellite internet terminals as part of a broader initiative to enhance the US Federal Aviation Administration’s (FAA) national airspace system. This move aims
Alibaba Group Holding Ltd. (BABA, 9988.HK) has unveiled plans to invest over 380 billion yuan ($53 billion) in artificial intelligence (AI) infrastructure over the next three years, reaffirming the e-commerce giant’s ambitious
A high-level Japanese initiative, involving former Prime Minister Yoshihide Suga, has put forward a proposal for Elon Musk’s Tesla to invest in Nissan, following the collapse of merger discussions between Nissan and
STMicroelectronics (STM) has announced the launch of a cutting-edge computer chip designed specifically for the rapidly expanding market for AI datacenter infrastructure. Developed in collaboration with Amazon Web Services (AWS), the new
Apple is preparing to unveil its latest budget iPhone model on Wednesday, aiming to capture a larger share of the mid-range smartphone market and strengthen its position against rivals such as Samsung
Elon Musk’s artificial intelligence startup, xAI, has launched its latest AI model, Grok-3, a new version of its chatbot technology designed to rival OpenAI. This launch comes just days after Musk’s unsolicited
