Boeing Shares Dip 4.5% After Deadly South Korean Plane Crash

Shares in Boeing Co (NYSE:BA, ETR:BCO) took a sharp 4.5% dive in pre-market trading on Monday, following a devastating crash involving one of its aircraft in South Korea. The tragic accident occurred on Sunday, resulting in the deaths of 179 people, and now authorities are calling for an urgent review of Boeing 737-800 planes. South Korean Government to Audit Boeing…

Supreme Court to Decide TikTok’s Fate in Landmark Appeal Over Forced Sale

TikTok has secured a critical opportunity to challenge the U.S. government’s mandate to sell its American operations, with the Supreme Court agreeing to hear its appeal. This development comes after the U.S. Court of Appeals for the D.C. Circuit rejected TikTok’s arguments that the Protecting Americans from Foreign Adversary Controlled Applications Act violates the First Amendment. The legislation, which mandates…

We Have Everything It Takes to Win: NYC Amazon Workers Take a Stand for Fair Contracts

Workers at two of Amazon's warehouses in New York City are preparing to strike on December 15, escalating tensions between the e-commerce giant and its unionized employees. Employees at JFK8 in Staten Island and DBK4 in Queens allege that Amazon has refused to recognize their union and negotiate contracts addressing key issues like wages and workplace conditions. JFK8 and DBK4…

Nike Shifts Focus: Embraces Brand Building Over Performance Marketing in Strategic Reset

Nike’s new CEO, Elliott Hill, has outlined a bold shift in the company’s strategy, moving away from performance marketing and promotional discounts to refocus on brand building. With sports as its guiding principle, Nike aims to regain its cultural relevance and reclaim its position as a premium, full-price brand. In a significant move, Nike is reducing its reliance on promotional…

BeReal Faces Backlash for ‘Nagging’ Users into Data Consent Violations

Austrian advocacy group Noyb alleges BeReal is breaching GDPR by repeatedly pushing users to share personal data. BeReal, once celebrated for its authentic, real-time approach to social media, is now facing serious privacy concerns. Austrian privacy rights group Noyb (None of Your Business) has lodged a formal complaint against BeReal, claiming the platform employs manipulative consent practices that violate the…

Threads Hits 100 Million Daily Users: Meta’s Strategy Pays Off as X Falters

Meta's microblogging platform Threads has surged past 100 million daily active users. The announcement, made by CEO Mark Zuckerberg on Monday, marks a milestone for the platform, which has been growing rapidly amid dissatisfaction with its rival, X. Threads also boasts 300 million monthly active users, up from 275 million in November. This is the first time Threads has shared…

ChatGPT’s Search Era Begins: OpenAI Widens Access As It Takes Aim At Google’s Throne

OpenAI has officially rolled out its highly anticipated ChatGPT search engine tool to all users, extending the feature beyond its initial rollout to paid subscribers in October. The update allows users to search the web directly within ChatGPT, providing a more conversational and interactive approach to finding answers compared to traditional search engines. A Direct Challenge to Google’s DominanceThis new…

Microsoft Faces $800M Setback Following Cruise Robotaxi Shutdown

Microsoft is set to absorb a massive $800 million impairment charge after General Motors (GM) announced the shutdown of its Cruise robotaxi program. This development highlights the ongoing fallout for investors who once saw significant promise in the self-driving car venture. The tech giant, which invested in Cruise in 2021, disclosed the financial hit in a recent regulatory filing. The…

Spotify Wrapped 2024: Personalized AI Podcast and Your Musical Evolution

Spotify has unveiled its highly anticipated Wrapped 2024, introducing two standout features that redefine how users engage with their listening habits. This year, the platform is taking personalization to a new level by collaborating with Google’s NotebookLM AI to offer an AI-powered podcast detailing your music and podcast preferences from the year. The AI Podcast: Your Year in ReviewFor the…

Meta Plots a $10 Billion Digital Superhighway Beneath the Waves

Meta, the tech behemoth behind Facebook, Instagram, and WhatsApp, is charting a bold course toward technological self-sufficiency. The company plans to construct a $10 billion undersea fiber-optic cable, spanning over 40,000 kilometers, making it Meta’s first wholly owned global communications artery. This ambitious project is designed to connect continents, support burgeoning user traffic, and anchor Meta’s expanding AI initiatives. A…