Read More Business Landmark moment when Uber announces its first annual profit as a limited corporationByMichelle ThompsonFebruary 7, 2024 US cab app startup turns $1.8 billion deficit into $1.1 billion profit after years of spending billions of… Read More
Read More Economy OECD annual inflation reaches 6% in DecemberByMichelle ThompsonFebruary 7, 2024 Consumer prices climbed by 0.2% monthly in December 2023, according to data from a Paris-based agency. Annual consumer… Read More
Read More Business Economy McDonald’s has been aggressively increasing prices, but customers are beginning to resist.ByMichelle ThompsonFebruary 7, 2024 Corporate America is encountering resistance as it attempts to further raise prices, particularly as consumers in certain markets… Read More
Read More Business Economy Concerns loom on Wall Street regarding the potential emergence of another regional banking crisis.ByMichelle ThompsonFebruary 7, 2024 Wall Street is experiencing a sense of déjà vu as concerns about another regional banking crisis loom large.… Read More
Read More AI Alchemy The suggestion is to include a ‘AI generated’ label on images produced using OpenAI, Midjourney, and similar tools.ByMichelle ThompsonFebruary 7, 2024 Meta is taking steps to address the proliferation of AI-generated images that could potentially distort the information landscape,… Read More
Read More Business With 170 jobs at jeopardy, UK electric vehicle manufacturer Arrival goes into administrationByMichelle ThompsonFebruary 6, 2024 The New York-listed corporation, once valued at $15 billion, failed to launch its first electric vehicle. Arrival, the… Read More
Read More AI Alchemy Meta aims to mark all AI photos on Instagram and Facebook in a crackdown on misleading informationByMichelle ThompsonFebruary 6, 2024 Global executive Nick Clegg says customers ‘want to know where the boundary is’ despite increase of AI-generated content.… Read More
Read More Current Affairs Houthi group reports three US-UK raids in Saada provinceByMichelle ThompsonFebruary 6, 2024 The US and UK have yet to confirm strikes. The Yemeni Houthi group said on Tuesday that the… Read More
Read More Business Economy The United States has dispatched senior Treasury officials to China for discussions regarding economic matters.ByMichelle ThompsonFebruary 6, 2024 A team of five officials from the U.S. Treasury Department is currently in Beijing for a series of… Read More
Read More Business Economy McDonald’s reports that the ongoing turmoil in the Middle East is negatively impacting its business operations.ByMichelle ThompsonFebruary 6, 2024 McDonald’s said that fighting in the Middle East has made it difficult for their business to do well.… Read More