Tag: Business

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Indonesia’s Jokowi meets Tesla’s Musk after nickel talks

Indonesian President Joko Widodo met Tesla Inc Chief Executive Elon Musk in Texas to discuss potential investments and technology, Indonesia's government said. The meeting between...

Toyota warns annual profit to skid 20% on materials

Toyota Motor Corp warned that operating earnings this year could slump by a fifth due to unprecedented increases in materials and logistics costs, on the...

Lyft shares tank 26% on higher cost of getting drivers back on street

Lyft Inc stock plunged 26% after the ride hail company said that it would have to spend more heavily to attract drivers and forecast operating...

Shanghai residents turn to NFTs to record COVID lockdown

Shanghai residents are turning to the blockchain to preserve memories of the city's month-long lockdown, minting videos, photos and artworks capturing their ordeal as...

Amazon to get hearing that could overturn NY union vote

A U.S. National Labor Relations Board (NLRB) official said that Amazon.com Inc's objections to a landmark union election at a company warehouse in New York...

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China’s AI Stock Boom Collapses as $480 Billion in Market Value Is Wiped Out

China’s artificial intelligence and semiconductor stocks have suffered a...

Trump Says US Crackdown Has Prevented Billions in Losses From Overseas Scams

US President Donald Trump said his administration has made...

Palantir Assures Europe NATO’s Military AI System Cannot Be Switched Off Amid US Technology Concerns

US software company Palantir Technologies has sought to ease...

Anthropic Reports $80.7 Billion First-Half Loss as AI Infrastructure Costs and IPO Scrutiny Intensify

Anthropic, the San Francisco-based artificial intelligence company behind the...

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