Skydance Media Nears Paramount Bid
Media mogul Edgar Bronfman Jr. has announced that he is withdrawing his bid to acquire Paramount Global. This move clears the path for Skydance Media to take control of the
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Canada Targets Chinese EV Imports with 100% Tariff
Canada announced a significant escalation in its trade relations with China by imposing a 100% tariff on Chinese electric vehicles (EVs) and a 25% tariff on imported steel and aluminum
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FedEx Launches WhatsApp Delivery Updates
FedEx Express, a leading express transportation company, has introduced a significant upgrade to its FedEx® Delivery Manager International (FDMi) e-commerce solution in Saudi Arabia. The enhancement integrates delivery notifications via
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London-based PHINXT Robotics Raises €2.3m
PHINXT Robotics, an AI-led robotics software company, has secured €2.3 million in an oversubscribed funding round led by Sure Valley Ventures with participation from Ada Ventures, Heartfelt and Atlas Ventures.
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J&J’s $6.5b Talc Settlement Faces Final Hurdles
Johnson & Johnson (J&J) is in active negotiations with holdout plaintiffs’ attorneys over its proposed $6.5 billion settlement related to lawsuits claiming that its talc-based products, including baby powder, caused
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$5b Scandal Shakes Germany’s Carbon Credit Market
Germany’s carbon credit market is reeling from a $5 billion scandal that has cast doubt on the integrity of the country’s carbon offset programs. The controversy has exposed widespread fraud
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Report Reveals AI’s Impact on Manufacturing Efficiency
New Relic, a leading intelligent observability platform, has released its ‘State of Observability for Industrials, Materials, and Manufacturing’ report, shedding light on the growing influence of AI and IoT in
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Neuralink Succeeds in Second Human Implant Trial
Elon Musk’s brain technology startup, Neuralink, has announced a successful outcome in its second human trial. It is a significant step forward in the company’s mission to enable paralyzed patients
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General Motors-Backed Cruise to Launch Robotaxis
General Motors-backed Cruise has announced a multi-year partnership with Uber, marking a significant step in the commercial deployment of autonomous vehicles. Starting in 2025, Uber riders will have the option
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Argentina, US Partner for Minerals Security
Argentina has taken a significant step towards diversifying its economy by joining the US-led Minerals Security Partnership (MSP), a global initiative aimed at reducing reliance on China for critical minerals.
