Tesla to Lay Off 2,700 in Austin, Over 3,300 in California Under Restructuring Scheme
Apr 24, 2024 03:48 am UTC| Business
Tesla Inc. is not yet done with job cuts this year. It was reported that it would axe an additional 2,700 in Austin, Texas, and more than 3,300 in California. Teslas Restructuring and WARN Notice The workforce...
US Supreme Court Signals Support for Starbucks in Landmark Labor Law Case
Apr 24, 2024 03:13 am UTC| Business Law
The U.S. Supreme Court on Tuesday indicated a potential victory for Starbucks, reflecting a challenge to the extended authority of the National Labor Relations Board (NLRB) in disputes regarding the reinstatement of union...
SEC Postpones Grayscale's Ethereum ETF Decision Amid Tighter Crypto Scrutiny
Apr 24, 2024 03:04 am UTC| Technology Digital Currency Law Business
The SEC has once again delayed Grayscales application for a spot Ethereum ETF, pushing the decision to June 23 as it intensifies its examination of cryptocurrency ETFs. This marks another delay setback affecting major...
Bitcoin Surges Past Tesla in Five-Year Gains, Sparks New Interest in ETFs
Apr 24, 2024 02:56 am UTC| Technology Digital Currency Business
For the first time since 2019, Bitcoin has outperformed Teslas stock, marking a significant milestone as it becomes the ninth-largest asset globally. Despite Teslas decline, Bitcoin soared 139% last year, bolstered by...
Crypto.com's Launch in South Korea Stalled by AML Regulatory Concerns, Postponement Announced
Apr 23, 2024 16:57 pm UTC| Technology Digital Currency Business Law
Crypto.com has delayed its much-anticipated launch in South Korea after an emergency inspection by local regulators revealed issues with its anti-money laundering measures, forcing the cryptocurrency exchange to reassess...
Coca-Cola, Microsoft Forge $1.1B Alliance for Cloud and AI Innovation
Apr 23, 2024 16:35 pm UTC| Technology Business
The Coca-Cola Company and Microsoft Corp. have joined forces in a $1.1 billion deal to leverage Microsoft Cloud and AI technologies, aiming to streamline operations and spark worldwide innovation. Strategic Partnership...
Philippines SEC Directs Google, Apple to Delist Binance App Over Investor Security Concerns
Apr 23, 2024 13:26 pm UTC| Technology Digital Currency Business
The Philippines Securities and Exchange Commission (SEC) has mandated Google and Apple to remove the Binance cryptocurrency app from their stores, citing significant security risks to Filipino investors and potential...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight