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Former ByteDance Executive Claims He Was Fired For Reporting Illicit Conduct

According to a former head of engineering at Bytedance in the United States, the firm fired him after he complained to management about the corporation stealing user content from other platforms, primarily Instagram and Snapchat.   The disagreement comes at a time when some US politicians...

Risk Of Data Breach Faced By Over 2 Million Owners Of Toyota In Japan

Toyota Motor Corp said on Friday that owing to human mistake, the car data of 2.15 million Japanese users, or nearly the entire customer base who signed up for its primary cloud service platforms since 2012, had been publicly available for a decade.   The issue, which also affected customers...

Tesla Hikes Prices In The United States For All Of Its Models Save The Model 3

Tesla Inc raised the pricing of its Model S, X, and Y electric vehicles in the United States by low single-digit percentages on Thursday, though prices remained significantly lower than at the start of the year.   According to the company's website, pricing for all variations of its...

Vision Fund Of SoftBank Continues To Decline As Softbank Posts A $7.18 Billion Yearly Loss

The Vision Fund unit of Japan's SoftBank Group Corp revealed a quarterly investment loss as a result of falling tech valuations, resulting in an annual net loss of 970 billion yen ($7.18 billion) for the year that ended on March 31.   A succession of high-profile reversals have plagued CEO...

AI Added To Its Search Engine By Google To Combat Challenge From Microsoft

Google Inc.'s Google is introducing more artificial intelligence into its core search product in an effort to match the customer fervour that Microsoft Corp.'s recent update to rival search engine Bing produced.   Google unveiled a new iteration of its name-brand engine on Wednesday at its...

Palantir Shares Leaps On The 2023 Profit Prediction And Need For AI

With a gamble on "unlike anything we have seen" demand in its new artificial intelligence platform, Palantir Technologies announced that it anticipates making money every quarter in 2023. This news sent its shares up about 20% in extended trading.   The new generative AI platform, which uses...

Amazon Will Give Customers $10 To Pick Up Products In Order To Reduce Delivery Expenses

Amazon.com is giving customers $10 to pick up a product rather than have it mailed to a home address, as the e-commerce behemoth joins other retailers in slashing costs for home delivery and returns amid sluggish consumer demand.   Amazon has emailed an unknown number of Prime members in...

HSBC Foils Significant Investor's Plot To Break Up Bank

During a sometimes contentious annual general meeting, HSBC resisted an attempt by its largest shareholder to split up the firm.   Ping An, a Chinese insurer, has been attempting to divide the bank for more than a year.   It failed to get the support of any other large shareholder on...

Apple's Earnings Send Shares Soaring To A Nine-Month High

Apple's stock rose over 5% on Friday, reaching a nine-month high and on course for its greatest one-day rise since November, as the iPhone maker's quarterly earnings reassured investors concerned about a possible recession.   The jump in Apple shares boosted optimism on Wall Street, helping...

Following A Short Seller Report, Carl Icahn's Investment Empire Suffers A $6 Billion Loss In One Day

As a result of a negative report from short seller Hindenburg Research, shares of Carl Icahn's holding firm fell even further on Wednesday, causing the valuation decrease since the short seller attacked it to reach more than $6 billion.   Icahn Enterprises LP (IEP) was charged on Tuesday by...

Indian Airline Go First Declares Bankruptcy And Attributes It To Its Pratt & Whitney Engines

Cash-strapped Go First, an Indian airline, declared bankruptcy on Tuesday, blaming the grounding of about half of its fleet on "faulty" Pratt & Whitney engines.   The move emphasises the strong rivalry in a sector dominated by IndiGo and the recent merger of Air India and Vistara under...

According To NPR, Its Twitter Account Could Be Reassigned, Musk Has Warned

Elon Musk, the founder of Twitter, has "threatened" to transfer National Public Radio's Twitter account to a different business, the American broadcaster claimed on Tuesday.   NPR said that Musk said he would give another company or individual control of the network's primary account, which...
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