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Business
New York’s Marijuana Licensing Process Stands Strong as Judge Dismisses Bias Claim
Federal Judge Anne M. Nardacci in Albany dismissed claims of unconstitutional discrimination by California applicants against New York's marijuana licensing program.
The ruling, issued on Friday, signals a potential acceleration in New!-->!-->!-->…
China’s Tech Resilience: Open-Source Chips as a Countermove to US Export Controls
China aims to reshape the global semiconductor industry and bolster resistance against US sanctions, evident in September when a Beijing military institute unveiled a pioneering patent for a high-performance processor.
The People's!-->!-->!-->…
Sony’s Handheld Adventure: A Game-Changing Experience
Sony is reportedly preparing for a significant comeback in portable gaming with a new handheld console, which could reshape the portable gaming landscape.
This move marks Sony's re-entry into the handheld gaming sector since the launch!-->!-->!-->…
Tesla Reaches $1.5 Million Settlement Over Hazardous Waste Disposal Charges
A San Joaquin County judge has fined the well-known electric car maker Tesla a sizable $1.5 million for improperly managing hazardous garbage.
This decision comes on the heels of a 2018 inquiry that triggered similar!-->!-->!-->…
Tesla Takes Action: Recall Issued for 2.2M Vehicles Due to Warning Lights Issue
Tesla has issued a massive recall affecting nearly all vehicles it has sold in the U.S. due to warning lights on the instrument panel being deemed too small.
The recall, covering approximately 2.2 million vehicles, comes as a!-->!-->!-->…
January Job Surge: US Economy Adds 353,000 Positions
The US labor market has kicked off 2024 with a robust start, showcasing unexpected vigor in January's job growth figures.
According to the latest report from the Labor Department's Bureau of Labor Statistics, nonfarm payrolls!-->!-->!-->…
Mark Zuckerberg Criticizes Apple’s Burdening New App Store Regulations
During Apple's analyst call, Meta CEO Mark Zuckerberg weighed in on the tech giant's response to the EU Digital Markets Act (DMA), echoing the concerns of other major app developers.
The DMA requires Apple to permit access to!-->!-->!-->…
Amazon Unveils AI-Powered Shopping Companion Amidst Holiday Shopping Surge
The e-commerce giant Amazon revealed robust revenue growth for the most recent quarter, driven by a surge in holiday customers using its platform.
The company revealed on Thursday that its revenue hit a staggering $170 billion for!-->!-->!-->…
TikTok Faces Licensing Dispute Threatening Presence of Taylor Swift and Bad Bunny
The brave move to remove its artists' music from TikTok came from Universal Music Group (UMG) after their licensing deal with the ByteDance-owned social media behemoth expired.
This decision has a significant impact on a multitude!-->!-->!-->…
Paramount Global Stock Rallies as Byron Allen Presents $30 Billion Takeover Proposal
Investor excitement peaked as media mogul Byron Allen unexpectedly entered Paramount Global's merger and acquisition narrative.
The sudden bid from Allen's Allen Media Group sparked a significant uptick in Paramount Global's stock, with!-->!-->!-->…
Samsung’s Recovery Strategy: Leveraging Chip Sector Amidst Profit Challenges
Samsung Electronics faced a significant setback in its recent quarterly report, revealing a 34% decline in operating profit compared to the previous year.
This downturn, largely attributed to sluggish demand for TVs and consumer!-->!-->!-->…
Meta’s Expectations Soar with Apple’s Vision Pro in VR/AR Landscape
The impending US debut of the Apple Vision Pro on February 2nd has sparked anticipation, with Meta reportedly banking on its potential to breathe new life into the headset market.
According to the Wall Street Journal, Meta executives!-->!-->!-->…
New York State Contemplates Bill Mandating Minimum Wage for Restaurant Staff
A proposed state measure that would boost the minimum wage for servers is raising the fears of restaurant owners in New York City.
They highlight likely outcomes such as elevated costs for customers and the possibility of staff!-->!-->!-->…
Iranian Drone Attack Escalate Oil Prices: Three US Troops Slain, Biden Promises Response
On Monday, there was a notable increase in oil prices in reaction to the unfortunate death of US Marines in Jordan from an Iranian-sponsored drone attack.
Global benchmark Brent oil traded up by 0.57% to reach $84.03 a barrel, while U S!-->!-->!-->…
Biden Set to Reveal $53 Billion Allocation for American Semiconductor Firms under CHIPS Act
The Biden administration is about to take a revolutionary step as the competition for semiconductor supremacy across the globe heats up.
With the aim of bolstering America's competitiveness against China, the White House is on the!-->!-->!-->…
Google Chrome’s Mind-Blowing Features Coming Soon to iPhone!
Apple's long standing policy of restricting web browser engines on iOS devices, favoring its own Safari browser, has long been a point of contention.
Google and Mozilla, among other companies, have found themselves compelled to!-->!-->!-->…
California’s ‘Egg Basket’ Grapples with Devastating Avian Flu Outbreaks
The resurgence of highly pathogenic avian influenza in California is wreaking havoc on poultry farms, triggering widespread devastation reminiscent of the previous year's crisis.
Mike Weber, owner of Sunrise Farms in Sonoma!-->!-->!-->…
China Expresses Worries Over US Demand for Fentanyl Smuggling Talks
The US and China will participate in vital discussions to limit the flow of fentanyl into the US, marking a potential shift in their cooperation against narcotics.
Leading Chinese officials have revealed that formal high-level talks!-->!-->!-->…
Tesla Announces Recall of Almost 200,000 Vehicles Due to Backup Camera Software Defect
Tesla has issued a recall affecting nearly 200,000 vehicles in the United States due to concerns regarding malfunctioning backup cameras.
The recall encompasses specific Models Y, S, and X from the 2023 model year, all equipped…
Microsoft’s Gaming Arm in Crisis: 1,900 Job Losses Amid Activision Blizzard Takeover
Microsoft's gaming division is amid a major shakeup, with plans to lay off approximately 1,900 employees, constituting about 9% of its workforce.
This restructuring follows Microsoft's recent acquisition of Activision Blizzard,!-->!-->!-->…
Amazon’s Ring Ends Partnership with Law Enforcement for Video Sharing
A major change in policy addressing user privacy and law enforcement participation has been disclosed by Amazon's Ring, a well-known brand in the home security sector.
In a move aimed at addressing privacy concerns, Ring has!-->!-->!-->…
Musk’s Alert: Chinese Electric Vehicle Leaders to Surge Ahead in Absence of Trade Barriers
Elon Musk cautioned analysts during a recent earnings conference call that Chinese automakers pose a growing threat to the global EV market.
Musk's concern stemmed from the potential of Chinese companies, notably BYD, to outpace their!-->!-->!-->…
Mark Zuckerberg Unveils Ambitious Vision for Human-Level AI Development
Meta's CEO, Mark Zuckerberg, highlighted the company's long-term vision for AGI, stressing the necessity for significant advancements in reasoning, planning, coding, memory, and other cognitive capacities.
Meta, formerly Facebook, has!-->!-->!-->…
ebay’s Workforce Transformation: 1,000 Jobs Slated for Reduction in Tech Shift
Online retail giant eBay Inc. is set to cut approximately 1,000 jobs, constituting about 9% of its full-time workforce, as part of a strategic restructuring effort.
CEO Jamie Iannone shared this decision with employees in a!-->!-->!-->…
Disney’s VR Revolution: Experience Virtual Worlds on Foot with Innovative Technology
The HoloTile floor is the most recent ground-breaking invention from Walt Disney Imagineering, a company renowned for pushing the boundaries of entertainment technology.
Developed by Disney Research fellow Lanny Smoot, this!-->!-->!-->…
Ford’s Recall Alert: Securing Trim Pieces in 1.9 Million Explorer SUVs for Safety
Ford is recalling 1.9 million Explorer SUVs in the US as a crucial safety measure due to a potential hazard involving a detachable trim item that poses risks to other drivers.
The recall affects Explorer models from the 2011 through…
Apple Car Release Date Delayed Until 2028: Unveiling the Latest on the Electric Vehicle Initiative
Apple is reportedly gearing up to enter the electric car market, planning a launch as early as 2028, as revealed by recent reports.
Initially, the tech giant had set its sights on creating a fully self-driving vehicle, a venture…
Nokia Parts Ways with Huawei in Joint Venture Amid US-China Frictions
Nokia has found new purchasers for its dominant share in the Beijing-based joint venture, TD Tech, after a previous deal with Huawei Technologies fell through last year.
The proposed agreement faced strong opposition from Huawei,!-->!-->!-->…
Elon Musk’s Unannounced Visit to Auschwitz Birkenau Amid Anti Semitism Accusations On X
Elon Musk, the billionaire entrepreneur, made an unexpected private visit to the Auschwitz-Birkenau World War II Nazi German death camp on Monday.
This move follows criticism directed at Musk for endorsing an antisemitic!-->!-->!-->…
Apple’s iPhone 16 Pro Uncovered: Leaked Details Reveal a Surprising Display Conundrum
The report suggests that the performance of the upcoming Apple iPhone 16 Pro and iPhone 16 Pro Max models, equipped with 1TB storage, could face challenges.
These models, exclusive to the Pro and Pro Max line, could see a switch in the!-->!-->!-->…