Technology

Spotify to Cut 1,500 Jobs (17% of the Workforce) Amid Economic Slowdown

Swedish music-streaming titan Spotify has unveiled plans to slash 17% of its workforce, equating to approximately 1,500 jobs, in a strategic move to control costs....

Highly Anticipated Grand Theft Auto 6 Trailer Revealed for December 5th

Rockstar Games has intensified the excitement surrounding Grand Theft Auto 6 (GTA 6) by announcing the release of its trailer on December 5th at 1400...

AI Demonstrates Ability to Deceive in Illegal Financial Trades, Research Reveals

New research presented at the UK’s AI safety summit reveals that artificial intelligence (AI) has the capability to perform illegal financial trades and conceal them,...

Australia Imposes a $386,000 Fine on Twitter (X) for Failing to Cooperate in the Child Safety Probe

The Australian internet safety watchdog has fined Elon Musk’s Twitter (referred to as X) a significant amount of A$610,500 ($386,000) for failing to cooperate in...

Google Agrees to Change Data Practices to Settle the German Antitrust Probe

Google, a subsidiary of Alphabet, has agreed to alter its user data practices to resolve a German antitrust investigation aimed at addressing its data-driven market...

ChatGPT Now Empowered with Real-Time Internet Browsing Capability

In a game-changing development, ChatGPT, the conversational AI sensation, has shed its limitation of responding with "I'm sorry, but I cannot provide real-time information." OpenAI,...

Business

Saudi PIF Completes Heathrow Stake Acquisition; Ardian Boosts Investment

In a significant financial manoeuvre, the Public Investment Fund (PIF) of Saudi Arabia has successfully concluded negotiations to procure a 10% stake in Heathrow Airport...

Jamie Foxx Faces Legal Action Over Alleged Sexual Assault in NYC Restaurant

Renowned US actor Jamie Foxx, born Eric Marlon Bishop, is now entangled in a legal battle following a woman’s lawsuit accusing him of sexual assault...

Meta Advocates Legislation: Parental Approval Required for Teen App Downloads

Meta, the parent company of Instagram and Facebook, has proposed legislation mandating parental approval when teenagers download apps, shifting responsibility to app stores like Apple...

Hollywood Strikes Settled: Sag-Aftra Reaches Agreement to End the 118-Day Strike

Sag-Aftra, the actors’ union, has successfully concluded a months-long strike with Hollywood studios, reaching a tentative agreement with the Alliance of Motion Picture and TV...

A Hong Kong judge grants Evergrande one last chance to avoid liquidation

A Hong Kong High Court judge has granted China’s debt-ridden property giant, Evergrande, a final opportunity to propose a new deal to address its massive...

Netflix Increases Subscription Prices Despite Success in Combating Password Sharing

Netflix has announced price hikes for several subscription plans in the US, UK, and France, underscoring the company’s growing confidence as it continues to attract...