Why US tech ends up being controlled by European regulation
Also: Meta leadership switch, economists worry Trump will slow U.S. economy, Tesla shares slump. Read More]
Business News
Iconic Brompton bike maker suffers 99% profit decline amid post-Covid bike industry turmoil
Profits fell to just £4,600 last year as the foldable bike brand fought copycat competitors and falling demand. Read More]
What is Turo, the car-sharing app used in two deadly New Year’s Day attacks?
Turo has said that the individuals involved did not have criminal backgrounds that would have identified them as security threats. Read More]
Here’s what you need to know about Turo, the app allegedly used to rent cars before the New Orleans attack and the Cybertruck explosion near a Las Vegas Trump Hotel
The Turo app is like Airbnb for renting vehicles. Read More]
Europe stunned the world with its ‘regulatory tsunami’ this year—but AI and Trump will add new snags in 2025
The EU went after Big Tech in 2024 unlike before. The new year will add more players to the regulatory tussle, including Donald Trump and Elon Musk. Read More]
Stigma overshadows 0.0 drinks even as Diageo, Heineken and AB InBev bet big on it
© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy… Read More »Stigma overshadows 0.0 drinks even as Diageo, Heineken and AB InBev bet big on it
Army Green Beret Matthew Livelsberger died of a self-inflicted gunshot wound before Tesla Cybertruck explosion in Las Vegas
“The level of sophistication is not what we would expect from an individual with this type of military experience,” said Kenny Cooper, a special agent with ATF. Read More]
Hindenburg shorts Carvana, alleging ‘grift for the ages’
A report alleges Carvana has lax underwriting standards and uses a company owned by the father of Chief Executive Officer Ernest Garcia III to boost results. Read More]
Computers of senior US Treasury leaders accessed in hack
The US Treasury building in Washington, DC, US, on Tuesday, Dec. 31, 2024. The US Treasury Department was hacked by a Chinese state-sponsored actor through a third-party software service provider, according to… Read More »Computers of senior US Treasury leaders accessed in hack
South Korean police and security forces are reportedly in a standoff as the country’s impeached president resists arrest
The president, who issued a bungled martial law declaration on Dec. 3, faces imprisonment or, at worst, the death penalty. Read More]