By Siddharth Cavale NEW YORK (Reuters) – Walmart’s stake in Chinese e-commerce firm JD.com was once central to its China strategy. Now it is tearing up that playbook by unloading its entire $3.74 billion stake in one of China’s biggest online retailers, in another example of the volatile nature of its relationship with China. The unshackling […]
Musk’s ban on remote work at X beats disability bias claim for now
By Daniel Wiessner (Reuters) – A federal judge in California on Wednesday dismissed a lawsuit accusing social media platform X of forcing out workers with disabilities after Elon Musk took over the company and barred employees from working remotely. U.S. District Judge Araceli Martinez-Olguin in San Francisco said the plaintiff in the 2022 proposed class […]
Lingo Telecom agrees to $1 million fine over AI-generated Biden robocalls
By David Shepardson (Reuters) – Lingo Telecom agreed to pay a $1 million fine after the agency said it transmitted fake robocalls imitating President Joe Biden seeking to dissuade people from voting for him in New Hampshire’s Democratic primary election, a U.S. government regulator said on Wednesday. The Federal Communications Commission said Lingo transmitted spoofed […]
Chinese electric carmaker BYD unveils new plug-in hybrid SUV in Mexico
MEXICO CITY (Reuters) – Chinese electric carmaker BYD unveiled on Wednesday its new plug-in Song Pro hybrid SUV in Mexico, the company’s local director announced on Wednesday, adding the vehicle’s local price tag will start at nearly 600,000 pesos, or about $31,000. The presentation marks the second unveiling in recent months as BYD considers potential […]
Top 5 Artificial Intelligence Stocks Poised to Soar Over the Next 12 Months
Since the first mainstream media coverage on the growth of Artificial Intelligence (AI), investors have paid close attention to this rapidly growing new industry. Investors are closely monitoring AI-related stocks, hoping to capitalize on this potent megatrend. The implementation and utilization of AI across diverse sectors, including healthcare, finance, manufacturing, and transportation, have unveiled new […]