What is ‘AI washing’ and why is it a problem?
Amazon received critical headlines this year when reports questioned the “Just Walk Out” technology installed at many of its physical grocery stores. The AI-powered system…
Category: BUSINESS
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Mark Zuckerberg says Threads social media app has 175m users
Threads, Meta’s social media app designed to take on Elon Musk’s X, has hit 175 million monthly active users just ahead of the first anniversary…
EU hits Chinese electric cars with new tariffs
The European Union has raised tariffs on Chinese electric vehicles, as Brussels takes action to protect the bloc’s motor industry. The new tariffs on individual…
Elon Musk in China to discuss enabling Full Self Driving
Elon Musk is visiting Beijing with media reports saying he aims to discuss enabling autonomous driving mode on Tesla cars in China. Mr Musk wants…
China warns US not to step on its ‘red lines’
Chinese Foreign Minister Wang Yi has cautioned his US counterpart Antony Blinken against stepping on China’s “red lines”, as the two country’s top diplomats met…
The ex-flight attendant who became the first female boss of Japan Airlines
When Mitsuko Tottori was named as the new boss of Japan Airlines (JAL) in January, it sent a shockwave across the country’s corporate sector. Not only was…
TikTok will not be sold, Chinese parent tells US
TikTok’s Chinese parent company ByteDance says it has no intention of selling the business after the US passed a law to force it to sell…
Major Gulf markets gain as geopolitical concerns ease
April 23 Major stock markets in the Gulf rose in early trade on Tuesday, on course to recover some losses as fears of wider geopolitical…
Apple’s Q1 smartphone shipments in China tumble 19%, data shows
BEIJING, April 23 Apple’s smartphone shipments in China tumbled 19% in the first quarter of the year, the worst performance since 2020, as its dominance…
Oil prices lower after Iran attack on Israel
Oil prices fell on Monday after after Iran’s reprisal attack on Israel over the weekend. Brent crude – a key benchmark for oil prices internationally…