Today: 16. Nov, 2024
Ford is poised to dramatically return to the 24 Hours of Le Mans next year with its legendary Mustang model. This move forms a significant part of a large-scale rebranding of Ford Performance, aimed at firmly placing the automaker in the racing…
CNN has removed Chris Licht from his position as CEO, concluding a volatile year at the helm of the beleaguered news network. This decision followed an unflattering magazine profile and increasing concerns that Licht had lost the trust of the network’s journalists.…
Numerous leading corporations, including Target and Bud Light’s parent company, support Pride events in June, despite the challenging terrain this month long celebration has become for some. Target and Bud Light have recently been under scrutiny for their efforts to engage the…
A new alert regarding the potential dangers artificial intelligence (AI) might bring to humanity was shared on Tuesday by industry leaders and scientists, including high-ranking officials from Microsoft and Google. “The threat of extinction caused by AI needs to be globally prioritized,…
On Monday, Meta was hit with an unprecedented privacy fine of $1.3 billion by the European Union, who also commanded the company to cease transmission of users’ data to the US by October. This move represents the latest development in a case…
Lawyers representing women who allege they were victims of Jeffrey Epstein have announced that Deutsche Bank has consented to pay $75 million to resolve a lawsuit. The German bank was accused of turning a blind eye to evidence of Epstein’s involvement in…
Top executives from two central U.S. banks that experienced significant failures in March faced a Senate Banking Committee hearing on Tuesday. They were interrogated about the reasons behind their banks’ collapses and the actions regulators could have taken to prevent the crises.…
China’s State Administration for Market Regulation announced that Tesla Inc would address a software issue in more than a million cars to minimize accident risks. The regulator informed us that the step is categorized as a product recall per Chinese regulations. However,…
As a result of the Bank of England’s efforts to combat UK inflation, interest rates have increased to their highest level since late 2008. The bank’s nine-member Monetary Policy Committee increased its primary interest rate by 0.25%, bringing it to 4.5%. This…
Peloton has issued a recall for over 2 million exercise bikes in the United States. The recall is due to a faulty seat post assembly that could break during operation, potentially causing users to fall and get injured. Specifically, the recall pertains…
