Exclusive-Ferrari’s first electric car to cost over $500,000
Ferrari’s first electric car will cost at least 500,000 euros ($535,000), as the luxury automaker prepares to open a plant…
Vodafone Raises $1.8 Billion in Indus Towers Stake Sale
Vodafone Group Plc subsidiaries have raised about $1.8 billion in proceeds by selling shares in India’s Indus Towers Ltd. The…
Netflix Uses ‘Squid Game’ Playbook for Untapped Southeast Asia
Netflix Inc. is ramping up local production in Southeast Asia, aiming to boost its subscriber base in the populous region…
Adobe is having a terrible month
The Department of Justice is suing Adobe over deceptive subscription practices. The lawsuit claims Adobe hides fees and makes it…
Apple reportedly has plans for a thinner iPhone, MacBook Pro and Apple Watch
Just how thin can a Macbook Pro get? We may soon find out. Apple’s mission to make its thinnest product…
McDonalds is removing its AI drive-thru voice ordering system from over 100 restaurants after its mishaps went viral
McDonald’s is removing its Automated Order Taker technology from over 100 restaurants. The food chain collaborated with IBM in 2021…
Oil’s Run of Gains Comes to Halt as Risk-Off Sentiment Flares
Oil declined, paring a weekly gain, on a risk-off tone in wider financial markets and more signs of robust global…
Tesla Investors Back Musk’s $56 Billion Pay Deal
Tesla Inc. investors voted for Chief Executive Officer Elon Musk’s compensation package and moving the company’s state of incorporation to…
Yen Drops, Bond Futures Rise as BOJ Defers Detail on Debt Buying
The yen weakened and Japanese sovereign bonds surged after the central bank said it would reduce debt purchases but delayed…
OPEC may soon lose its sway over global oil prices, IEA says
A looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum Exporting Countries and its…