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Tesla Ordered to Pay $243M in Florida Autopilot Crash Verdict

Aug 02, 2025 03:24 am UTC| Business Law Technology

A Florida jury has ordered Tesla (NASDAQ: TSLA) to pay $243 million in damages over a 2019 fatal crash involving its Autopilot system, marking a rare legal defeat for the electric vehicle maker. The case centered on a...

Delta Airlines Rejects AI-Based Personalized Ticket Pricing Amid Lawmaker Concerns

Aug 02, 2025 03:21 am UTC| Business Technology

Delta Air Lines announced it will not implement artificial intelligence to set personalized ticket prices after facing scrutiny from U.S. lawmakers and growing public backlash. The controversy began when Democratic...

Walmart Mexico CEO Ignacio Caride Resigns; Cristian Barrientos Named Interim Chief

Aug 02, 2025 02:00 am UTC| Business

Walmarts Mexico and Central America division (Walmex) announced Friday that CEO Ignacio Caride will step down from his role and resign from the board after just over a year, surprising market analysts. Cristian Barrientos...

CyberArena Officially Rebrands from 188BET to taptap: A Global Gaming Powerhouse Now Accepting Cryptocurrency Payments

Aug 01, 2025 11:44 am UTC| Business

CyberArena, a premier name in digital gaming and sports entertainment, proudly announces the official rebranding of its flagship platform from 188BET to taptap, effective July 1, 2025. This pivotal rebranding introduces a...

Tesla Car Sales in France, Denmark, and Sweden Plunge in July Amid Ongoing European Decline

Aug 01, 2025 08:04 am UTC| Business

Tesla Inc. (NASDAQ: TSLA) saw its car sales drop sharply in France, Denmark, and Sweden in July 2025, extending a seven-month decline across key European markets. According to official industry data, Tesla registered 1,307...

Ford Recalls Over 312,000 Vehicles in U.S. Over Brake Assist Failure Risk

Aug 01, 2025 08:03 am UTC| Business

Ford is recalling 312,120 vehicles in the United States due to a defect that could lead to a loss of power brake assist, potentially increasing stopping distances and raising the risk of crashes, according to the National...

Nippon Steel Posts $1.3 Billion Quarterly Loss Amid U.S. Steel Deal Impact

Aug 01, 2025 08:01 am UTC| Business

Nippon Steel (TYO:5401) reported a net loss of 195.83 billion yen ($1.30 billion) for the quarter ended June 30, significantly wider than the 25.7 billion yen loss forecast by LSEG analysts. The result contrasts sharply...

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Economy

Russia Condemns U.S. Sanctions as Cuba Faces Critical Fuel Crisis

Russia has warned that Cubas fuel situation has reached a critical point, blaming intensified U.S. sanctions for deepening the islands economic crisis and pledging continued solidarity with Havana and Caracas. Moscow also...

U.S. Stock Futures Steady as Investors Await Key Jobs and Inflation Data

U.S. stock futures were little changed on Monday evening as investors grew cautious ahead of key economic data releases later this week, following a mostly positive close on Wall Street. Futures tied to the SP 500 slipped...

Gold Prices Slip in Asian Trade as Markets Await Key U.S. Economic Data

Gold prices declined in early Asian trading on Tuesday, pulling back from strong gains seen in the previous session, as investors remained cautious ahead of a series of important U.S. economic indicators due later this...

Oil Prices Dip as Hormuz Tensions, Iran Talks, and Russia Sanctions Shape Market Outlook

Global oil prices edged lower on Tuesday as investors weighed geopolitical risks in the Middle East against ongoing diplomatic efforts and fresh developments in global energy trade. Brent crude futures slipped 25 cents, or...

Asian Stocks Rise as Japan Rally, AI Optimism and Fed Outlook Shape Markets

Asian stocks extended gains for a second straight session in early Tuesday trading, led by a powerful rally in Japan following Prime Minister Sanae Takaichis decisive election victory over the weekend. The result boosted...

Politics

Hong Kong Leader Defends 20-Year Sentence for Jimmy Lai

Hong Kong Chief Executive John Lee said on Tuesday that media tycoon and prominent democracy campaigner Jimmy Lai deserved the 20-year prison sentence imposed by a court earlier this week, arguing that the punishment...

Trump Administration Plans Chip Tariff Exemptions for Big Tech Amid AI Data Center Push

The administration of U.S. President Donald Trump is reportedly planning to exempt major technology companies such as Amazon, Google, and Microsoft from upcoming tariffs on semiconductor chips, a move aimed at supporting...

U.S. Appeals Court Allows Trump Administration to End TPS for Honduras, Nepal, Nicaragua Migrants

A U.S. appeals court in California on Monday temporarily lifted a federal judges order that had blocked the Trump administration from ending Temporary Protected Status (TPS) for nearly 89,000 migrants from Honduras, Nepal...

Trump Threatens to Block Gordie Howe Bridge, Escalating U.S.-Canada Trade Tensions

U.S. President Donald Trump has threatened to prevent the opening of the $4.6 billion Gordie Howe International Bridge linking Detroit, Michigan, and Windsor, Ontario, escalating an already tense trade dispute between the...

Australian Leaders Call for Calm After Sydney Protests Turn Violent

Australian political leaders have urged calm and called for peaceful demonstrations after protests opposing Israeli President Isaac Herzogs visit to Australia escalated into violent clashes with police in central Sydney....

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Salesforce Workforce Reduction Affects Fewer Than 1,000 Roles Amid Ongoing Restructuring

Salesforce has reportedly reduced its workforce by fewer than 1,000 employees earlier this month, according to a Business Insider report published on Monday. The report cited a person familiar with the matter, though...

Alphabet Plans Rare 100-Year Sterling Bond to Fund AI Expansion

Alphabet is preparing to issue a rare 100-year sterling bond as part of a broader multi-currency debt offering, marking a notable move to expand its long-term borrowing strategy to support growing investments in artificial...

Amazon Explores AI Content Marketplace With Media Publishers

Amazon (NASDAQ: AMZN) is reportedly in discussions with media publishers about launching a new artificial intelligence content marketplace designed to connect news organizations and digital content creators with companies...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....