Mercedes-Benz Profits Plunge As German Carmakers Reel
Mercedes-Benz said Thursday it planned hefty cost cuts after its 2024 profits plunged by almost a third amid a slump in China and weak electric car sales, as Germany's auto sector reels.
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Who Is Mira Murati? Ex-OpenAI Leader Takes On Her Former Employer With New AI Venture
Ex-OpenAI leader Mira Murati is launching an AI startup called Thinking Machines Lab, which aims to democratise AI. She's recruited top talent from OpenAI and other tech giants.
Google Pays 326 Mn Euros To Settle Italy Tax Dispute: Prosecutor
Tech giant Google has paid 326 million euros to Italy following an investigation into alleged unpaid taxes, Milan prosecutors said Wednesday, as they recommended criminal proceedings be dropped.
Glencore Looks To Leave London Stock Exchange As Falls Into Loss
Swiss mining and commodity trading giant Glencore said Wednesday it was considering shifting its stock listing from London after it stumbled into a net loss last year on falling coal prices and writing down the value of assets.
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Expert Sparks Debate Over Claims WFH Is Destroying UK Businesses And Stifling Innovation
Investor Sarkis M. believes working from home may cause reduced productivity and negative impacts on local businesses. His post has garnered backlash from workers who have benefited from WFH policies.
How Grok 3 Chatbot Stack Up Against OpenAI, DeepSeek As Elon Musk Raves 'Scary Smart' AI
Elon Musk's xAI launched Grok-3, a chatbot rivaling OpenAI and DeepSeek. Musk calls it 'scary smart,' claiming superior performance in some tests.
Sneak Peek: JPMorgan's New £2.5B NYC Headquarters With 19 Restaurants, Yoga, Cycling Rooms And More
JPMorgan Chase is redesigning its offices for employee wellness amid RTO policy, following the footsteps of other big-name companies like Walmart and Amazon.
Why People Are Slamming TikTok Bakers And Buying Walmart's $25 Heart Cakes Instead
TikTok users are praising Walmart's affordable Valentine's Day heart-shaped cakes, causing backlash from small bakers who claim the retail is stealing their customers.
Southwest Airlines Layoff Staff For The First Time In Company's History: Over 1500 Jobs To Be Cut By April
Southwest Airlines, facing challenges and pressure from investors, will cut 1,750 corporate jobs—its first-ever layoffs—to save millions.
RBA Cuts Interest Rate to 4.1%: What It Means for Inflation, Growth, and Consumers
RBA cuts rates to 4.1% to balance inflation fight with growth concerns. What does it mean for your wallet, the AUD, and the economy?
Viral Dubai Chocolate Hits UK Shelves for £5, While Customers Brand £1 Cadbury Bar 'Vile'
'Dubai chocolate' is gaining popularity in the UK due to its unique flavours and social media virality, while Cadbury struggles with mixed reviews.
Millions Of Gmail Users On Red Alert: Devastating Effects Could Happen If You Click This Link
AI-powered scams are targeting Gmail users. Criminals use fake calls and emails to steal login details, potentially leading to identity theft.
AI in the Wrong Hands? Ex-Google CEO Eric Schmidt Fears Tech Could Be Used for Biological Weapons
Ex-Google CEO Eric Schmidt warns AI could be used for biological weapons by rogue states. He calls for government oversight of AI development.
David Beckham's Russia Trademark Sparks Controversy Amidst His Support for Ukraine
David Beckham's company's has filed an application to have his name trademarked in Russia despite the former footballer's public suppot of Ukraine.
Joann Fabrics Closing Over 500 Stores Nationwide After the Second Bankruptcy Filing Within a Year
Fabrics retailer Joann is closing over 500 of its 800 US stores as management filed for bankruptcy for the second time and looks to sell the company to a potential suitor.
Nestle Sales Beat Forecast After Price Hikes
Swiss food giant Nestle reported better-than-expected annual sales on Thursday, boosting its shares after the maker of Nescafe coffee, KitKat chocolate and Purina dog food hiked prices to offset inflation.
Chevron To Cut 15-20% Of Workforce By End Of 2026: Company
Chevron will cut 15 to 20 percent of its workforce as part of a reorganization to save money and to position the oil giant for the long-term, the company said Wednesday.
F1 Racing Team Williams Finds Sponsor 'Saviour' As It Signs Atlassian as Title Sponsor
Integrating Atlassian's product suite across Williams aims to strengthen collaboration and support the team's efforts to optimise on-track performance.
Meta Layoffs Put Several Immigrant Workers at Risk Amid US Visa Uncertainty
Observers note that layoffs like this latest from Meta can disrupt the green card process for immigrant workers, forcing some to restart from scratch.
£31,700 Worth of Eggs Stolen in Pennsylvania as Costco, Trader Joe's, and Kroger Limit Purchases
£31,700 worth of eggs stolen in Pennsylvania as Costco, Trader Joe's, and Kroger impose purchase limits amid shortages.
Grieving Son Scammed Out Of £3,250 By Ruthless AI Deepfake Of 'Elon Musk' In Investment Hoax
A man lost £3,250 in an elaborate 'Elon Musk' deepfake investment scam, tricked by a convincing AI-generated video promoting a fraudulent trading platform.
Liquid Death's UK Exit: Why the Edgy Water Brand Failed to Quench British Thirst
Data from NielsenIQ also notes that UK sales for Liquid Death totaled just £2.0 million in the 52 weeks ending 7 September 2024.
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