Congress tells China: sell TikTok or we’ll ban it
Only America’s courts can save the video app now
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Pensioners' fears over income tax burden
Charities report heightened concern among pensioners who fear being dragged into paying income tax.
The women-only co-working spaces fighting to survive
Women-only co-working spaces are part of the new hybrid working landscape, but they divide opinion.
Spotify turns up volume to make record profits
The music streaming service reports record profits of over €1bn (£860m) after laying off 1500 staff.
Vince McMahon claims sex-trafficking accuser would sneak into his penthouse to cheat on her fiancé: court docs
Janel Grant "would often visit" McMahon at his Stamford condo "at all hours, including at 2:30 a.m., to pursue their affair, according to Tuesday's court filing.
Tesla posts its biggest revenue drop in 12 years — but the stock pops as Elon Musk promises cheaper EVs soon
Tesla’s woes to start 2024 are many and ongoing — but that doesn’t mean the world’s most valuable automaker is stopping. Tesla stock soared as high as 16% in after-hours trading Tuesday, after Elon Musk’s electric vehicle company reported quarterly earnings that revealed a 9%
Tesla brings forward new models as profits slump
The EV maker brings forward launch plans for new models as profits drop by more than half.
Air traffic meltdown boss defends staff working from home
Air traffic control boss says last summer's outage would have been worse if staff had not worked remotely.
Meta's new AI assistant wanted to answer users' questions and now it's getting on their nerves
Meta wants to be a player in the AI space , but its efforts to do so have some users annoyed . Read more...
Top anti-Trump legal pundits at various networks quietly meet for private weekly call: report
A cable cabal of anti-Trump legal pundits reportedly meet for a weekly Zoom call to discuss the latest on former President Donald Trump's legal troubles – and then spread their consensus views on left-leaning networks, according to a report.
Spotify reaches record high earnings — but misses target on monthly active users
Spotify's quarterly gross profit topped $1.1 billion for the first time after it reined in marketing spending, although that meant the music streaming giant missed its forecast for monthly active users.
Tesla’s Q1 report: Revenue drops, but shares jump on Elon Musk’s plan to launch new models
The Musk-led firm's revenue fell in the first quarter as it handed over fewer electric vehicles to customers due to slowing demand and intense competition worldwide.
Post Office boss obsessed with pay says ex-HR chief
Nick Read repeatedly made threats to resign over the issue, former Post Office HR chief claims.
FTC votes to ban noncompete agreements despite business groups’ vow to sue
According to the FTC, 30 million people — roughly one in five workers — are now subject to such restrictions.
Ozempic and other weight loss drugs are coming for the alcohol and tobacco industries next
It’s not only food CEOs who need to worry about their bottom lines thanks to in-demand weight loss drugs like Ozempic. Big Tobacco and Alcohol have reason to fret, too. Read more...
The Dow and the S&P 500 finish strong as corporate earnings drive stocks higher
Many companies reported positive earnings Tuesday, helping the Dow Jones Industrial Average rise more than 260 points by the end of the day. General Motors stock jumped after the company released its better-than-expected quarterly report, while Tesla stock also rose ahead of
Car dealers are stressed about vehicles that aren't even available yet
Car dealers are terrified of direct sales . They see protecting the franchise sales model as paramount. I mean, how else are they going to charge for crap you don’t need and try to force you into financing their bonuses plus the price of the car for 84 months? Skipping the
Google's growth plans aren't so 'hunky-dory' anymore, search boss says
It’s a new world with the advent of artificial intelligence and its offshoots, and Google is putting the pedal to the metal to try to keep up. Read more...
Apple is about to drop some new iPads
Apple has set the date of May 7 for its next hardware reveal event. This show will focus on the iPad, particularly the new tablet with an OLED screen . Read more...
Amazon is taking aim at Target and Walmart with a new low-cost delivery subscription
Amazon wants to lead the pack in food delivery and believes that its new low-cost subscription service will keep it ahead of competitors like Walmart and Target . Read more...
Adobe Photoshop unveils AI image generator after Firefly backlash over black Nazis
Adobe announced Tuesday it plans to roll out a tool for full artificial intelligence image generation in its Photoshop software later this year — months after being panned for rendering historically inaccurate photos. The company’s new tool — akin to DALL-E and Stable Diffusion
Apple’s iPhone sales in China plummet nearly 20% in first quarter — worst since 2020
Apple, once the dominant player in the smartphone market, is now the third most popular brand on the mainland.
Jamie Dimon says US economy is ‘unbelievable’ and booming
Still, he reiterated caution about the potential economic impact of deficit spending, inflation and geopolitical conflicts.
Spotify stock just hit a new 52-week high
Spotify stockrose by almost 17% after the company beat first-quarter estimates and provided strong guidance for the next quarter. The stock hit a 52-week high and was up 16.8% to $318 per share in afternoon trading. Read more...
FreshDirect may go under as parent Getir looks to cut costs: ‘Don’t see how it lasts longer than a year’
Ahold gave Getir $151 million “to take FreshDirect off [its] hands,” and invested an additional $30 million into Getir.
Megyn Kelly ‘has crocodile tears for’ Ilhan Omar’s daughter Isra Hirsi arrested at anti-Israel protests
"Could you spare me? I've only got crocodile tears for this person," Kelly told her audience during Monday's episode of "The Megyn Kelly Show."
Elon Musk's SpaceX seems to have a workplace injury problem
Elon Musk’s woes keep mounting . This time, it appears that employees at the founder’s SpaceX facilities are getting injured at much higher rates than the industry average. Read more...
Elon Musk's Tesla got rid of its entire marketing team in mass layoffs
If you were asked to name the car maker that’s having the worst week, would it take you more than a few seconds to shout out Tesla ? There’s little competition right now, as the struggling automaker deals with bodged recalls , bricked Cybertrucks and plummeting new car
The Dow jumps 225 points as GM rallies — with Tesla up next
After a strong performance Monday , the Dow Jones Industrial Average and other major U.S. stock indexes continued to gain Tuesday on encouraging corporate earnings reports. Read more...
Google fires at least another 20 staffers in wake of anti-Israel sit-ins
“Google’s aims are clear: the corporation is attempting to quash dissent, silence its workers, and reassert its power over them,” No Tech For Apartheid said.
UnitedHealth Group says it paid a ransom to protect patient data from a cyberattack
UnitedHealth Group, the parent company of the largest health insurer in the U.S., confirmed this week that it paid a ransom in relation to a cyberattack on its subsidiary Change Healthcare earlier this year. Read more...
