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Lionsgate Studios in Turmoil? Activist Investor Anson Urges Sale as ‘Megaflop’ Sparks Outrage

Dec 10, 2024 22:18 pm UTC| Business Economy

Activist investor Anson Funds Management has made headlines by acquiring a stake in Lionsgate Studios, urging the embattled media giant to explore a potential sale. According to a report from Bloomberg News, the firm is...

Tesla's 2025 Robotaxi Vision: Human Teleoperators to Boost Safety in California and Texas Rollout

Dec 10, 2024 07:13 am UTC| Technology Business

Tesla aims to launch its robotaxi service in California and Texas by 2025, ensuring safety with human teleoperators and a company-owned fleet. Deutsche Bank revealed the details after meeting with Tesla officials. Tesla...

Tesla Model Q Teases BYD Dolphin Rivalry With Sub-$30K Price, Analysts Expect Game-Changing Impact

Dec 10, 2024 06:53 am UTC| Technology Business

Teslas rumored Model Q hatchback, with a sub-$30K price, targets BYD Dolphin and Volkswagen ID.3 in the affordable EV segment. The anticipated H1 2025 launch has analysts revising stock price targets, hinting at a...

Farmers’ markets are a vital but overlooked part of fixing Canada’s struggling food system

Dec 10, 2024 05:05 am UTC| Insights & Views Business

Since the onset of the pandemic, food prices have remained stubbornly high, even as grocery chains have made record profits. This has fuelled public frustration with so-called greedflation a term describing large...

Australians’ cars are typically larger, heavier and less efficient than in Europe – here’s why

Dec 10, 2024 05:02 am UTC| Insights & Views Business

Road transport is responsible for a substantial share of global carbon dioxide (CO₂) emissions. So reducing these emissions is a high priority. In the European Union (EU), CO₂ emissions from new passenger cars have been...

New Report: Music Industry Outperforms Cinema

Dec 10, 2024 04:58 am UTC| Business

A recent report from a former executive at Spotify has revealed that the music industry has surpassed the global film industry for the first time. The value of music copyrights has climbed 11% in 2023 to equal roughly 36...

OpenAI’s Sora Turbo Takes on Meta and Google with Stunning 1080p Text-to-Video Features

Dec 09, 2024 22:01 pm UTC| Technology Business

OpenAIs latest move in AI innovation introduces Sora Turbo, a cutting-edge text-to-video tool for ChatGPT Plus users. With HD capabilities and robust safety measures, Sora enters a competitive space dominated by Google and...

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Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...