Burberry Bows Out: Iconic Brand Dropped from FTSE 100 After 15 YearsBurberry has been removed from the FTSE 100 index of the London Stock Exchange for the first time in 15 years.
ChatGPT's Paid User Base Tops 1 Million—Why Businesses Are Jumping on BoardChatGPT has surpassed 1 million paid business users, with OpenAI's revenue expected to exceed $3.4 billion this year.
Will Apple’s AI Face a Ban in China? Regulatory Challenges AheadA recent analysis suggests that Apple's AI service, Apple Intelligence, may encounter regulatory hurdles in China.
August Ship Orders Go China’s Way: 90% of the Global MarketIn August, Chinese shipbuilders dominated global orders with 90% of the market share, while South Korea captured just 2%.
Shein and Temu Under the Microscope: CPSC Urges Safety AssessmentThe Consumer Product Safety Commission (CPSC) has called for evaluating the Chinese online shopping platforms Shein and Temu.
Tesla Soars 4.18% After Big China Announcement, But Intel and Nvidia Take HitsOn Wednesday, the New York Stock Exchange experienced notable movements in the stock prices of Tesla, Intel Corporation, and Nvidia.
Money’s Gone: Why U.S. Green Tech Startups Are Crashing and BurningThe clean energy sector faces rising bankruptcies due to failed fundraising and high interest rates, with notable firms shutting down.
Elon Musk's X Investment Disaster: $15 Billion Lost and What It Means for the FutureTesla CEO Elon Musk's acquisition of X (formerly Twitter) has seen its valuation plummet to $15 billion within just six months.
Tesla Eyes Approval for FSD Sales in China by Year-EndAnalysts suggest Tesla might gain FSD approval in China by year-end, potentially boosting global autonomous driving and software revenue.
Toyota Reduces Production by 500,000 Vehicles Due to Typhoon and Quality IssuesToyota lowered its annual production target to 9.8 million vehicles, citing weak Chinese sales, certification issues, and typhoon.
From Nvidia to Lucid: Why CalPERS Is Betting Big on Electric VehiclesCalPERS increased its Lucid Motors investment by 24%, buying 262,123 shares, anticipating growth as Lucid expands electric vehicle rollout.
China’s Restaurant Crisis: Over 1 Million Eateries Shut Down Amid Economic MeltdownChina’s economic downturn has devastated the restaurant and tea house sectors, with over 1 million closures in the year's first half.
How Warren Buffett Stays Healthy at 94: Junk Food, Good Sleep, and HappinessWarren Buffett, 94, remains healthy while enjoying junk food daily, attributing his longevity to good sleep, mental engagement, and happiness.
Shocking Truth Behind China’s AI Surge—What the U.S. Can Learn from Their SuccessChina may soon surpass the U.S. in AI, with U.S. export controls potentially accelerating China's advancements rather than hindering them.
China's EV Market Hits Rough Patch: Over 100 Companies Struggling Amid Price Wars and Subsidy CutsNorth Korean hacking targets South Korean defense; global cybersecurity shortages drive U.S. salaries up, surpassing South Korean rates.
GM Hits Pause on Major Lithium Project Amid Trump ConcernsGM postponed its $330 million investment in Lithium Americas' Thacker Pass project due to Trump’s potential re-election concerns.
Musk's 'Bulletproof' Cybertruck Fails in New Theft Incident—Watch the Shocking VideoElon Musk's Tesla electric truck, the Cybertruck, praised for its bulletproof performance, is again under scrutiny.
Apple and NVIDIA Eye Massive Investment in OpenAI—What This Means for AI’s FutureApple and NVIDIA are exploring significant investments in OpenAI, with Thrive Capital leading a $1 billion funding round.
Musk vs. Brazil: Starlink's Financial Accounts Frozen in Epic Legal BattleThere is an ongoing trend of holding platform owners accountable for activities occurring on their social media platforms.
Hyundai and Kia Earn 'A' Credit Ratings from Major AgenciesHyundai Motor and Kia recently earned A ratings from U.S. agencies Moody's Standard & Poor's (S&P) and U.K.'s Fitch.
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