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Michael Perry, a Tesla shareholder, filed a lawsuit on Thursday, accusing CEO Elon Musk of insider trading.
June 1, 2024
Business

Tesla Shareholder Sues Elon Musk for Insider Trading Over Share Sale

China is to invest more than 6 billion yuan ($830 million) into a government-led project to create solid-state batteries.
May 31, 2024
Business

China to Invest Over $830 Million in Solid-State Battery Development

VinFast, a loss-making corporation, is considering further delaying a proposed $4 billion facility in North Carolina.
May 31, 2024
Business

VinFast Faces Further Delays for $4 Billion North Carolina Factory

Alphabet's Google, Amazon, and Airbnb won the support of Europe's top court on Thursday in their battle against an Italian law directing them to provide details on themselves.
May 30, 2024
Tech

EU court rules against Italy’s online service provider regulations

JBS, a meat processor, said on Wednesday that Beijing had barred U.S. beef imports from its factory in Greeley, Colorado.
May 30, 2024
Business

Beijing Blocks JBS U.S. Beef Shipments Over Ractopamine Contamination

The European Commission is set to announce preliminary tariffs on Chinese electric cars (EVs) by June 5.
May 30, 2024
Business

European Commission Expected Tariffs on Chinese Electric Vehicles

On Thursday, a U.S. bankruptcy magistrate agreed to WeWork's Chapter 11 bankruptcy plan, letting the shared office space provider eliminate $4 billion in debt and hand the firm's equity over to a group of lenders and real estate technology firm Yardi Systems.
May 30, 2024
Business

WeWork’s chapter 11 bankruptcy plan approved, cutting $4bn in debt

Sam Altman-led OpenAI stated on Wednesday that it has signed content and product collaborations with The Atlantic and Vox Media, which will allow the artificial intelligence company to grow and train its products.
May 29, 2024
Tech

OpenAI partners with The Atlantic and Vox Media

On Wednesday, Goldman Sachs Asset Management's alternative investments platform stated that its latest fund had raised around $20 billion for senior direct lending.
May 29, 2024
Business

Goldman Sachs raises over $20bn for senior direct lending fund

A US lobby group representing IT companies has requested India to reconsider its proposed EU-style competition law.
May 29, 2024
Brands

U.S. Tech Giants Urge India to Rethink Proposed Competition Law

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