Showing 1 - 10 of 535
Jury finds Musk misled Twitter shareholders
Published on 21/03/2026
» SAN FRANCISCO - A US federal jury has found Elon Musk liable for claims he defrauded Twitter shareholders by trying to drive down the social media company’s stock price so he could renegotiate or back out of a $44-billion takeover in 2022.
When GDP no longer needs people
Business, KCS Group, Published on 17/03/2026
» In traditional industrial models, rising gross domestic product used to go hand in hand with job creation. More production meant more workers and higher wages followed by increased consumption. But in the emerging post-labour economy, this link is breaking. Nations can now increase output not by employing more people, but by implementing more code.
Middle East war: global economic fallout
AFP, Published on 11/03/2026
» PARIS — Here are the latest economic events in the Middle East war on Wednesday:
US fintech firm Block sheds 4,000 staff, cites AI
Published on 28/02/2026
» OAKLAND, California - Block, the parent company of the fintech firms Square and Cash App, is laying off 40% of its 10,000 employees, stating plainly that the decision was driven by artificial intelligence.
EU fines X $140m, risking US pushback
AFP, Published on 05/12/2025
» BRUSSELS - The European Union has fined X, the social media platform owned by billionaire Elon MUsk, 120 million euros ($140 million) for breaking its digital rules, in a move that risks a clash with the administration of US President Donald Trump.
The rise of the content creation economy
Business, Published on 13/11/2025
» In 2019, the popular American fried chicken chain Popeyes created a frenzy for its chicken sandwich through a viral marketing campaign. It was driven by a combination of strategic social media engagement, as well as user-generated content (UGC), leading to a cultural phenomenon that resulted in a sell-out of the sandwich within weeks.
Tackling a national scourge
Business, Post Reporters, Published on 27/10/2025
» Thailand plans to rev up efforts to crack down on rampant online scams, which are a menace not only to Thailand but also the global economy. Efforts include improving existing regulations and cooperating with other countries to suppress scams.
Bitcoin, BNB hit record highs as global turmoil spurs flight to 'safe haven' crypto
South China Morning Post, Published on 08/10/2025
» HONG KONG — Major cryptocurrency tokens, including bitcoin and BNB, reached record highs this week amid government turmoil around the world that drove up alternative asset prices, which elated China's crypto community as the country reconsiders digital assets such as stablecoins.
YouTube to pay $22 million in settlement with Trump
AFP, Published on 30/09/2025
» NEW YORK - YouTube has agreed to pay $22 million to settle a lawsuit filed by President Donald Trump after the company suspended his account over the Jan 6, 2021 attack on the Capitol, according to a court filing Monday.
Musk's xAI lays off hundreds of data annotators
Reuters, Published on 13/09/2025
» BENGALURU — Elon Musk's xAI has laid off at least 500 workers from its data annotation team, which helps develop the company's Grok chatbot, Business Insider reported on Friday.