Mercedes Declined Lutnick’s Bid to Move to US, CEO Tells The Pioneer
Mercedes-Benz rejected an effort by U.S. Commerce Secretary Howard Lutnick to persuade the German luxury carmaker...
Weekly Startup Funding News
Paladin Backs AI Security Startup Dam Secure in $6.1 Million Seed Round AI security startup Dam...
Banker Claims Oracle May Slash Up to 30,000 Jobs, Sell Health Unit to Pay for AI Build-Out
Oracle could be preparing one of the largest restructurings in its history as it races to...
Tesla: 2024 Was Bad, 2025 Was Worse as Profit Falls 46 Percent
Tesla’s financial turbulence deepened in 2025, marking a second consecutive year of declining performance for the...
Nike to Cut 775 U.S. Jobs as It Pushes AI and Profit Turnaround
Nike Inc. has announced plans to cut 775 jobs in the United States, marking a significant...
Hyundai Shares Take a Hit After Trump Threatens Further Hike in Tariffs on South Korean Auto, Pharma Industries
Shares of Hyundai Motor and other major South Korean exporters slid sharply on Tuesday after former...
Weekly Startup Funding News
BitGo Jumps 25% in NYSE Debut, Valued at $2.6 Billion Crypto custody and digital asset infrastructure...
SSDs Now Cost 16 Times More Than HDDs Amid AI Supply Chain Crisis, Making Hybrid Data Centers More Cost-Effective
The global boom in artificial intelligence has triggered an unexpected crisis in the data storage market,...
Tesla Dismisses Rumors of 1,700 Layoffs at German Gigafactory
Tesla has firmly rejected reports suggesting that it is preparing to lay off around 1,700 workers...
Spotify’s Third Price Hike in 2.5 Years Hints at a Potential New Normal
Spotify’s latest decision to raise subscription prices marks its third increase in roughly two and a...
