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20198 articles published since 08 Mar 2022

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Apple agrees to $95 mn deal to settle Siri eavesdropping suit
Apple agrees to $95 mn deal to settle Siri eavesdropping suit
Economy

Apple has agreed to pay $95 million to settle a lawsuit accusing its digital assistant Siri of listening in on users' private conversations. A class action lawsuit filed five years ago accused Siri of listening in on private conversations of people with iPhones, iPads, HomePods or other Apple devices enhanced with the digital assistant.

Extradited SKorean crypto 'genius' in court to face US charges
Extradited SKorean crypto 'genius' in court to face US charges
Economy

The South Korean co-founder of Terraform Labs appeared in a New York court on Thursday to face fraud charges stemming from the multi-billion-dollar collapse of his cryptocurrency company. Kwon, who is also wanted in South Korea, is charged in the United States with commodities fraud, securities fraud, wire fraud and money laundering and faces up to 130 years in prison if convicted of all charges.

Nick Clegg leaves Meta global policy team
Nick Clegg leaves Meta global policy team
Economy

Former British deputy prime minister Nick Clegg said Thursday he is stepping down from his role as president of Meta's global affairs and will be replaced by Republican stalwart Joel Kaplan. Clegg ceding his job to Kaplan, who served as deputy chief of staff for policy under then-president George W. Bush from 2006-2009, comes as Republican Donald Trump is set to return to the White House.

Tesla reports lower 2024 auto deliveries, missing forecast
Tesla reports lower 2024 auto deliveries, missing forecast
Economy

Tesla reported a dip in full-year auto sales Thursday, missing a company forecast in a sign of rising electric vehicle competition in China and other markets. Besides rising competition from producers like China's BYD and legacy auto companies, analysts pointed to a sluggish ramp-up of production of the futuristic Cybertruck.

US mulls new restrictions on Chinese drones
US mulls new restrictions on Chinese drones
Economy

The United States is considering new rules to address risks posed by drones with tech from foreign adversaries like China and Russia, the Commerce Department said Thursday. Flagging the risk from China and Russia, the Commerce Department said: "These countries can leverage their political and legal frameworks to co-opt private entities for national interests."

Electric cars took 89% of Norway market in 2024
Electric cars took 89% of Norway market in 2024
Economy

Electric cars accounted for 89 percent of the new cars sold in Norway last year, a report said Thursday, pushing the country closer to reaching its goal of going fully electric by 2025. Despite being a major oil and gas producer, Norway aims for all new cars sold to be "zero emission" starting in 2025, which is 10 years ahead of the goal set by the European Union, of which Norway is not a member.

Sales surge in 2024 for Chinese EV giant BYD
Sales surge in 2024 for Chinese EV giant BYD
Economy

Leading Chinese electric car maker BYD's vehicle sales surged in 2024, the company said in a statement, as the firm grows its overseas presence. BYD's figures come after global EV sales hit a record 1.8 million units in November, according to industry research company Rho Motion.

Asian stocks begin year on cautious note
Asian stocks begin year on cautious note
Economy

Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs, and China's economy gave Wall Street the holiday blues for a fourth straight session. But ahead of the New Year's Day holiday, US stocks sank Tuesday, although European equities advanced.

Asia stocks begin year on cautious note
Asia stocks begin year on cautious note
Economy

Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs and China's economy gave Wall Street the holiday blues for a fourth straight session. But ahead of the New Year's Day holiday, US stocks sank Tuesday, although European equities advanced.

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