Not long ago, Elon Musk, the famous billionaire behind Tesla and SpaceX, bought a very well-known app called Twitter. This happened in 2022. He paid a huge amount of money — $44 billion — to buy it. After buying it, he even changed its name to X. But Elon Musk didn’t pay for the whole …
A picture of the TikTok logo was taken on August 22, 2022, as part of an illustration. The image was shared by Reuters, and the credit goes to Dado Ruvic. By Leticia Fucuchima, Marcela Ayres, and Bernardo Caram Sao Paulo/Brasilia (Reuters) – ByteDance, the Chinese company that owns TikTok, is thinking about building a big …
Intel’s stock price dropped by more than 8% on Friday after the company shared disappointing predictions for its future earnings. The new CEO, Lip-Bu Tan, had promised to turn things around, but investors were not convinced. For years, Intel has been struggling to keep up in the fast-growing artificial intelligence (AI) industry. At the same …
The European Union is continuing its strict crackdown on big technology companies, and now Google (owned by Alphabet) and X (owned by Elon Musk) might be the next targets for fines. This comes just after the EU handed out huge penalties to Apple and Meta for breaking new tech laws. The EU is not backing …
The European Union has slapped huge fines on two of America’s biggest tech companies, Apple and Meta, for breaking strict new competition laws. Apple has been ordered to pay €500 million, while Meta must pay €200 million. These penalties come after a long investigation into whether these companies were following the EU’s Digital Markets Act …
The Workplace Relations Commission (WRC) in Ireland has rejected a complaint filed by a TikTok employee who claimed the company did not handle his request to work from home fairly. The case was reviewed by Adjudicator Michael McEntee, who ruled that the worker’s complaint was "not properly founded" and could not succeed. The employee, Zaurbek …
The United States has been limiting the sale of advanced AI chips to China, making it difficult for Chinese companies to get their hands on the latest technology. In response, NVIDIA, the world’s biggest AI chip maker, has been selling a weaker version of its powerful H100 chip, called the H20, to China. But now, …
The US dollar has dropped to a three-year low following intensified attacks by Donald Trump on Federal Reserve chair Jerome Powell and sweeping tariff announcements. The greenback’s slump has sent shockwaves through financial markets, while gold surged past $3,500 per ounce as investors rushed to safe-haven assets. The sudden drop in the dollar triggered a …
A U.S. appeals court has decided that Shopify, a popular Canadian e-commerce company, must face a lawsuit in California over claims it collected personal data from shoppers without their permission. The court’s ruling could make it easier for people in the U.S. to sue internet-based companies for privacy violations, even if those companies are based …
Tesla, the famous electric car company, is facing tough times as its sales drop and competition grows stronger. Investors are now looking closely at two big promises from CEO Elon Musk—the launch of a cheaper Tesla car and the progress of self-driving robotaxis. These plans could decide whether Tesla bounces back or continues to struggle. …
Music trends are always changing, and now, a new shift is happening on TikTok. Last year, electronic music took the lead over indie and alternative music in terms of views on the platform. Videos tagged with #ElectronicMusic got more than 13 billion views worldwide, which is 45% higher than in 2023. This shows that while …
Microsoft, one of the biggest tech companies in the world, is facing growing anger from its own employees over its business ties with Israel during the war in Gaza. Many workers at Microsoft believe the company’s artificial intelligence (AI) and cloud computing services are being used by the Israeli military in ways that harm Palestinians. …
A recent survey of over 100 international public affairs leaders has found that companies risk serious damage to their reputations if they associate with billionaire Elon Musk or misuse artificial intelligence. The study, conducted by the Global Risk Advisory Council, warns businesses to be careful about aligning themselves with controversial figures or unethical AI practices. …
The wait is finally over for gaming fans as Nintendo has officially announced that preorders for the highly anticipated Nintendo Switch 2 will begin on April 24, 2025. This comes after an unexpected delay from the original preorder date of April 9, which was caused by recent changes in U.S. import tariffs. The company wanted …
