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 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 ›
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 ›
SpaceX tested 31 of the 33 engines in its Starship prototype’s towering rocket booster on Thursday, as the company prepares to launch the rocket into orbit for the first time. The “static fire” test is the final major hurdle before… 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 ›
Following technical issues on Wednesday, some Twitter users were unable to post tweets. “You are over the daily limit for sending Tweets,” read the message sent to account holders. Just before 22:00 GMT, the glitch was reported by the outage-tracking… Read More ›
After zero-Covid, some Chinese factories are not moving at full speed. According to CEO Jay Foreman, all 20 of the Chinese factories that U.S. toy manufacturer Basic Fun works with have instructed staff members not to report back to work… Read More ›
The $69 billion purchase of gaming juggernaut Activision Blizzard by Microsoft on Wednesday was warned against by Britain’s competition watchdog. The Competition and Markets Authority predicted that the acquisition would substantially lessen competition, which would result in higher prices, fewer… Read More ›
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