In the wake of escalating U.S. trade restrictions on the export of advanced AI chips, ByteDance, the Chinese tech giant and parent company of TikTok, is increasingly turning to domestic chip suppliers, particularly Huawei Technologies. This strategic pivot underscores ByteDance’s drive to sustain...

Boeing, one of the largest aerospace companies in the world, is currently facing a major disruption as negotiations with the International Association of Machinists and Aerospace Workers (IAM) over a new pay deal have stalled. Talks between Boeing and the union, which represents over 32,000...

Three online sellers operating on Walmart-owned Flipkart have taken legal action against the Indian antitrust watchdog, the Competition Commission of India (CCI), challenging an investigation that accused them, along with Flipkart and rival Amazon, of violating competition laws. According to recent...

Costco Wholesale, a membership-only retail giant, missed market expectations for its fourth-quarter revenue, a result largely attributed to cautious consumer spending on higher-priced items and lower gasoline prices. The company reported a 1% increase in revenue to $79.70 billion for the quarter...

Amazon has exceeded its ambitious goal of securing $1.8 billion in advertising commitments for its video-streaming services in 2024, according to a report from *The Information* on Thursday. The report, citing a source directly involved in Amazon’s ad sales efforts, highlights the company's growing...

The ongoing negotiations between Volkswagen (VW) and the IG Metall union have escalated tensions within Germany's automotive sector, raising significant implications for the wider industry. As the first round of talks ended without an agreement, VW flatly rejected union demands, leading workers to...

Brazil's Total Linhas Aereas, a relatively small cargo and charter airline, is poised to make history by becoming the first airline outside Asia to purchase aircraft from China's state-owned Commercial Aircraft Corporation of China (COMAC). This move is a significant milestone for the Chinese...

In a bold move to remain competitive in the rapidly evolving electric vehicle (EV) market, Stellantis CEO Carlos Tavares is emphasizing the necessity of innovation and collaboration over reliance on protectionist policies, particularly in the face of tariffs affecting European and U.S. automakers....

Visa’s dominance in the payments industry is now under intense scrutiny after the U.S. Department of Justice (DOJ) filed a lawsuit accusing the company of violating antitrust laws. The allegations, which claim that Visa has been suppressing competition and manipulating market conditions, could have...

Meta Platforms, the parent company of Facebook, is making significant strides in the artificial intelligence space by planning to announce a new audio feature for its Meta AI chatbot, featuring voices of renowned celebrities. According to sources familiar with the matter, the company will reveal...

Boeing’s efforts to negotiate with its striking workers have come to a head as the company made a "best and final" pay offer to thousands of employees on Monday. However, the International Association of Machinists and Aerospace Workers (IAM), representing a significant portion of Boeing's...