Over the past week, major Chinese technology companies have revealed their plans to release ChatGPT-style products, joining the artificial intelligence arms race that the well-known chatbot has sparked. However, the biggest companies in China have not publicly stated that they… Read More ›
Britain will introduce draft legislation on Tuesday to control “buy now, pay later” credit, claiming that the industry could harm consumers if accurate affordability checks were not made. The majority of BNPL businesses are unregulated, and they frequently provide on-the-spot,… Read More ›
According to the company’s new CEO, Toyota Motor Corp. will increase its battery-electric offerings by concentrating on its luxury Lexus brand, but it will stick to its long-standing strategy of investigating other technologies. Koji Sato, who will take over as… Read More ›
According to a survey released on Monday, British employers expect to raise wages for their employees by the most in at least 11 years, but the 5% pay increases would still fall well short of expected inflation. The Chartered Institute… Read More ›
After a dry spell in the formerly brisk market, Chinese startups are once again raising millions of dollars through listings on the American stock market. Hesai Group, a supplier of “lidar” technology for autonomous vehicles, listed on the Nasdaq on… Read More ›
In an effort to reinvent itself under its new owners, Air India has signed a jumbo deal for about 500 new planes worth more than $100 billion at list prices. According to industry sources, this could be the airline’s single… Read More ›
Even though VinFast, a Vietnamese manufacturer of electric vehicles, is reducing its workforce in North America, the company has stated that it is still on track to begin production in the United States by 2024. The nation’s first domestic automaker… Read More ›
Although Microsoft-backed OpenAI has restricted access to its popular ChatGPT app in China, the app is generating a lot of interest in the country, with companies rushing to integrate the technology into their products and launch competing solutions. While residents… Read More ›
As fast-casual and casual-dining restaurants struggle to draw in patrons, fast-food chains appear to be the big winners in the fourth quarter and beyond. Although many publicly traded restaurant businesses have yet to release their most recent quarterly results, for… Read More ›
Zoom, a well-known provider of video conferencing services that saw a surge in remote work during the Covid pandemic, is dismissing 1,300 employees. About 15% of its staff will be impacted by the change, which comes as user growth and… Read More ›
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