Business

Apple’s Strategic Shift: AI Takes Center Stage Amid iPhone Sales Woes
As Apple Inc. confronts a significant 19% drop in iPhone sales, the tech giant is finding solace in its rapidly growing services sector and wearable technology, helping offset decl...
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US Senators Take Step Toward Banning Member Stock Trading
A bipartisan group of US senators has struck a deal that would see a ban on stock trading by active members of Congress....
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Elon Musk Scores Big Win in Twitter Severance Pay Case
Elon Musk scored a major legal victory, with a judge throwing out one of the severance lawsuits the CEO is facing following his takeover of Twitter....
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No End In Sight For Samsung Worker Strike
There appears to be no end in sight for a strike involving Samsung workers, with the workers' union calling for the strike to go on indefinitely....
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CNN to Lay Off 100 Employees
CNN is the latest company to announce layoffs, saying it will let approximately 100 employees go as the news giant continues to shift toward digital media....
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Intuit Letting 1,800 Employees Go
Intuit has announced it is letting approximately 1,800 employees go, or roughly 10% of the company's entire workforce....
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Microsoft Gives Up Its OpenAI Board Seat
Microsoft has opted to give up its seat on OpenAI's board...
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FCC Set to Block Veriwave for ‘Facilitating Illegal Tax Robocalls’
The Federal Communications Commission is set to block Veriwave's voice traffic in response to its "facilitating illegal tax robocalls."...
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Tesla’s Market Share Drops to Less Than Half of US EVs
Tesla's market share for electric vehicles in the US has dropped to less than half, marking a turning point for the company....
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FTC Bans NGL Labs From Providing Messaging Service to Minors
The Federal Trade Commission has issued a ban prohibiting NGL Labs from providing messaging service to minors after accusations the company tricked minors....
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The Direct Sourcing Advantage To Revolutionizing Recruitment
Direct Sourcing, dubbed “the future of work”, culm...
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Boeing Agrees to Plead Guilty to Fraud
Boeing has agreed to plead guilty to fraud in relation to two separate incidents in which its 737 jets crashed, killing a total of 346 people....
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Andreessen Horowitz Wants to Manage the Finances of Startups It Invests In
VC firm Andreessen Horowitz (a16z) may be looking to expand its services by managing the finances of startups it invests in....
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Apple Removing VPN Apps From The Russia App Store
Apple is removing VPN's from its App Store in Russia, bowing to demands by the Russian government claiming such apps contain illegal content....
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US Agencies Request the Most User Data From Big Tech, Apple Complies the Most
Americans concerned about their user data falling into the hands of foreign governments may want to look closer to home....
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