Nio Launches Onvo L60 to Challenge Tesla’s Model Y

On May 15, 2024, Nio, launched its new brand, Onvo, a direct challenge to Tesla in…

Sony Pictures Entertainment Profits Fall Nearly 10% to $808M

Sony Pictures Entertainment (SPE) has disclosed its financial results for the fiscal year 2023. With sales…

Joe Biden Announces New Tariffs on Chinese Imports

The Joe Biden administration has announced new tariffs on Chinese imports targeting electric vehicles (EVs), semiconductors,…

Protesters Clash with Police at Tesla’s German Plant Over Expansion Plans

Hundreds of environmental activists gathered outside Tesla's Gigafactory plant in Grueneheide, Germany to protest against the…

Mathematician-Investor Jim Simons has Passed Away at 86

Mathematician and investor Jim Simons has passed away at the age of 86 in his Manhattan…

UK Economy Exits Recession with 0.6% Growth in Q1 2024

Official figures released by the Office for National Statistics (ONS) reveal that the UK has exited…

Archegos Founder Bill Hwang Arrives to Trial Over Collapse of $36 Billion Fund

The trial of Bill Hwang, the alleged mastermind behind the Archegos Capital Management collapse has commenced…

Disney and Warner Bros. Discovery Announce Disney+, Hulu, Max Streaming Bundle

Disney and Warner Bros. Discovery have joined forces to offer a bundle featuring the powerhouse of…

Jack Dorsey Steps Down from Bluesky Board

Jack Dorsey, co-founder of Twitter and a key figure in the inception of Bluesky, a decentralized…

Turkey’s Inflation Surges to Nearly 70% in April, Highest Since 2022

The latest data from the Turkish Statistical Institute indicate an acceleration in consumer prices with annual…