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Toyota's Daihatsu Will Stop Shipping Any Cars As A Result Of An Expanding Safety Controversy

The largest manufacturer in Japan, Toyota Motor, announced on Wednesday that its Daihatsu division will stop shipping all of its cars after a safety scandal probe discovered problems with 64 models, nearly two dozen of which were sold under the Toyota name.   Daihatsu has been the subject of...

How Swiss Authorities Mishandled Their Oversight Of Credit Suisse

The governor of the Swiss central bank intended to nationalise Credit Suisse and infuse 50 billion Swiss francs ($57.6 billion) into the firm about six months before it was sold to competitor UBS in a weekend rescue, according to reports quoting people with firsthand knowledge of the...

A Patent Disagreement Forces Apple To Stop Selling Series 9 Ultra 2 Smartwatches In The US

As it handles a patent dispute over the technology that powers the blood oxygen feature on the devices, Apple has announced that it would be pausing sales of its Series 9 and Ultra 2 smartwatches in the United States starting this week.   The action follows an October order from the U.S....

Shein Puts Pressure On H&M To Target Affluent Customers

Pop legend Cher, Swedish singer Robyn, and South Korean DJ Peggy Gou entertained a group of stars and models, including Jared Leto, Elle Fanning, and Irina Shayk, at the Silencio nightclub during Paris Fashion Week.   They were all dressed in glittering ensembles from H&M's most recent...

China's iPhone Ban Gets Tougher—Bloomberg News

According to Bloomberg News, which cited sources familiar with the situation on Friday, more Chinese government agencies and state-backed businesses nationwide have instructed their employees to refrain from bringing Apple iPhones and other foreign gadgets to work.   China has been working...

Google Is Introducing New AI Health Models And Physicians Are Utilising Them - Here Is How

Google has unveiled MedLM, a collection of new AI models tailored to the healthcare industry that will assist academics and physicians in conducting intricate investigations, summarising patient-provider interactions, and other tasks.   Google's latest attempt to monetize AI technologies for...

Intel CEO Says Company Prepared To Go It Alone In Chip Production

According to Intel CEO Pat Gelsinger, the corporation does not intend to spin out its contract chip manufacturing division.   Under Gelsinger's leadership, Intel's manufacturing division is now housed under Intel Foundry Services (IFS), a division that runs as an internal business. According...

A Lack Of Autopilot Safeguards Prompts Tesla To Recall Almost All Of Its Cars On US Roads

Due to safety concerns raised by a federal safety authority, Tesla is recalling more than 2 million cars in the United States to install additional protections in its Autopilot advanced driver-assistance system.   Almost all cars on American roads appear to be covered by the biggest-ever...

China Chip Company Escapes Biden's Crackdown Thanks To US Tech And Funding

China's top sanctioned chipmaker owns a portion of a Chinese chip designer who is buying American software and has financial support from the United States. These links highlight the challenges Washington confronts in enforcing new regulations intended to prevent American funding of Beijing's...

Google, Meta, And Qualcomm Combine To Advocate For Open Digital Ecosystems

In reaction to new EU tech regulations, Alphabet's Google, Meta Platforms, Qualcomm, and seven other major companies joined forces on Wednesday to advocate for open digital ecosystems. This move may also blunt the edge of potential future laws.   The group, which goes by the name Coalition...

How Shein Invented Fast-Fashion 2.0 And Outgrew H&M And Zara

Investor attention will be drawn to two key questions when Inditex, the company that owns Zara, and H&M reveal their latest sales figures: how are the two fast-fashion pioneers reacting to Shein, the current market leader?   Shein is well-positioned for an IPO and has a high valuation....

Despite There Being No Price On Carbon Worldwide, Certain Businesses Establish Their Own

More and more multinational corporations are pricing or charging themselves for every metric tonne of carbon emissions they produce in an effort to influence their business practices and investment decisions in light of potential future pollution taxes and other climate regulations.   They...
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