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 …
In a bold move, Nvidia’s CEO, Jensen Huang, has traveled to China for important business talks. This visit comes at a time when the United States and China are locked in a fierce trade battle, with both countries imposing heavy taxes (called tariffs) on each other’s goods. These tensions have made it difficult for tech …
New court documents show that Mark Zuckerberg, the CEO of Meta (formerly Facebook), once thought about separating Instagram from his company. This was because he was worried the US government might accuse Meta of being a monopoly. These details came out during a big trial in Washington, where the US Federal Trade Commission (FTC) is …
The US government has started a new investigation into the import of computer chips and electronic products. This could lead to new taxes (called tariffs) on these items to protect national security and boost local manufacturing. The decision comes after earlier talks about exempting some tech products from tariffs. What Is the Investigation About? The …
Amazon is contacting small and medium-sized sellers in the US to understand how new tariffs (extra taxes on imported goods) introduced by former President Donald Trump are impacting their businesses. The company wants to know if these taxes are making it harder for sellers to source products, set prices, or ship goods to Amazon warehouses. …
China has publicly accused the United States of carrying out advanced cyberattacks targeting its critical industries. The allegations claim that the US National Security Agency (NSA) was involved in hacking attempts during the Asian Winter Games in February. Chinese authorities have even named three alleged NSA agents and accused American universities of playing a role …
Introduction According to UK National Cyber Security Centre 2023 “Artificial intelligence (AI) will almost certainly increase the volume and heighten the impact of cyber-attacks over the next two years.” Generative Artificial Intelligence (GenAI) has emerged as a transformative technology, revolutionizing various aspects of our lives. With its ability to mimic human intelligence and perform complex …
In a major move against unfair business practices, Japan’s Fair Trade Commission (JFTC) has ordered Google to stop pressuring smartphone makers to favor its own search engine and web browser on Android devices. The antitrust watchdog found that Google has been making unfair demands on phone manufacturers, giving its own apps an illegal advantage over …
