
Vingroup’s Struggles Deepen Amid VinFast Losses and Investor Sell-Off
Jan 23, 2025 04:47 am UTC| Business
Vietnamese conglomerate Vingroup (NASDAQ:VFS) is under pressure as its financial strategy surrounding loss-making electric vehicle maker VinFast raises investor concerns. Vingroup has invested $13.5 billion in VinFast,...

Tesla to Raise Car Prices in Canada Starting February 1
Jan 23, 2025 04:47 am UTC| Technology Business
Tesla (NASDAQ:TSLA) is set to increase prices for all its vehicles in Canada beginning February 1, as per updates on its Canadian website. The price adjustments will affect the popular Model 3, Model Y, Model S, and Model...

Meta Joins $10 Billion Databricks Funding Round Amid AI Boom
Jan 23, 2025 04:46 am UTC| Technology Business
Meta Joins $10 Billion Databricks Funding Round Amid AI Boom Databricks announced that Meta Platforms (NASDAQ:META) participated in its $10 billion Series J funding round, valuing the data analytics startup at $62 billion....

HTC Sells XR Unit to Google for $250 Million
Jan 23, 2025 04:46 am UTC| Technology Business
Taiwans HTC announced it will sell part of its extended reality (XR) division to Google for $250 million. The deal, expected to close in the first quarter of 2025, will see some HTC employees join Google, enhancing the...

LinkedIn Faces Lawsuit Over Data Use for AI Training
Jan 23, 2025 04:46 am UTC| Technology Business
Microsofts LinkedIn is facing a proposed class-action lawsuit, accused of sharing private messages from Premium users without permission to train generative AI models. The complaint, filed in federal court in San Jose,...

SoftBank and OpenAI Lead $19B Investments in Stargate AI Initiative
Jan 23, 2025 04:46 am UTC| Technology Business Fund
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a 40%...

Senators Probe Airlines for Alleged Seat Fee Manipulation Using Customer Data
Jan 23, 2025 02:14 am UTC| Business
Three U.S. senators are demanding answers from Frontier Airlines and Spirit Airlines (OTC:SAVEQ) about potential manipulation of seat fees using customer data. Senators Maggie Hassan, Josh Hawley, and Richard Blumenthal...