Enterprise

Northvolt, a leading battery producer for Europe’s electric vehicle industry, recently made the decision to cut jobs, close down a site, and engage in discussions with partners and investors to secure the future of a facility in Poland. This move came after a strategic review of its business operations, leading to some difficult decisions about

Creators on platforms like YouTube have long relied on Google’s algorithms and ad revenue as their main source of income. However, with the landscape becoming increasingly unpredictable, some creators are exploring alternative revenue streams to ensure financial stability. The Try Guys, a popular creator group, have transitioned to a subscription-based model with the launch of

Roblox, a popular gaming platform for kids, is making a significant shift by allowing developers to charge users real money for certain games. This change, announced during the company’s annual developer conference, marks a departure from its reliance on virtual currency. With the new pricing model, developers can sell their games directly to users without

In a recent development, a regional director for the National Labor Relations Board (NLRB) declared that Amazon should be considered a “joint employer” of some of its contracted delivery drivers. This decision came after reviewing two unfair labor practice charges filed in January, specifically addressing the treatment of drivers at the Atlanta warehouse, known as

The recent decision by Starlink, the satellite internet service owned by SpaceX, to block the social network X in Brazil has caused quite a stir. The move was made in order to comply with orders from Brazil’s supreme court, which had previously blocked X in the country for its failure to adhere to court orders

Brazil’s telecommunications regulator, Anatel, finds itself in the midst of a public confrontation with Elon Musk’s satellite internet firm Starlink. This conflict has intensified due to Brazil’s recent decision to block Musk’s social media company, X. The supreme court of Brazil issued a nationwide suspension of X last week after the company failed to appoint

Brazil’s federal supreme court recently made a unanimous decision to uphold orders suspending the use of Elon Musk’s social network X nationwide. This decision came after Justice Alexandre de Moraes issued suspension orders, warning Musk and X to appoint a legal representative in Brazil or face penalties. The court also froze the financial assets of

Alibaba, the Chinese tech giant, has successfully completed a three-year regulatory “rectification” process imposed by China’s State Administration for Market Regulation (SAMR) following an antitrust fine in 2021. The company faced charges of monopolistic practices, resulting in a hefty fine of 18.23 billion yuan ($2.6 billion). The SAMR’s supervision focused on ensuring Alibaba’s compliance with

Dell recently reported its quarterly results, revealing a revenue of $25.03 billion, which surpassed the expected $24.53 billion. The company also experienced an 80% increase in server sales, leading to a net income of $841 million. These figures display a significant growth from the previous year, with revenue increasing by about 9% from $22.93 billion.

The impact of Nvidia’s second-quarter results was felt in Asia on Thursday, with tech and chip-related stocks experiencing a drop in value. Companies with direct ties to Nvidia, such as South Korean chipmakers SK Hynix and Samsung Electronics, were hit particularly hard. SK Hynix, a manufacturer of high bandwidth memory chips used in AI applications