BuzzFeed, the digital media company known for its listicles and quizzes, is shutting down its news division and will cut about 15% of its entire staff. The decision was announced by BuzzFeed’s co-founder and CEO Jonah Peretti in a memo…
The European Parliament has approved the world’s first comprehensive set of rules aimed at regulating the cryptocurrency industry. The Markets in Crypto Act, or MiCA, seeks to reduce risks for consumers buying crypto assets by imposing requirements on crypto platforms,…
Toyota has begun taking orders for its first electric sedan in China, marking a major step for the Japanese automaker in the world’s largest electric vehicle market. This comes as Toyota has announced two more models are set to come…
Tesla, the electric vehicle maker, saw its shares fall more than 4% after it released its first-quarter earnings report. The company reported adjusted earnings per share of 85 cents. Revenue came in at $23.33 billion, beating expectations of $23.21 billion….
Security officers at Heathrow Airport are set to take eight more days of strike action in May over a pay dispute, according to Unite, the union representing them. Members of the union will walk out on May 4, 5, 6,…
Dr Kerry Schott to take over as acting board chair of the Australian Rail Track Corporation for the financially troubled Inland Rail project. Infrastructure Minister Catherine King and Finance Minister Katy Gallagher made the announcement of Schott’s appointment, replacing current…
Intel has reportedly decided to discontinue its crypto mining chip series, called Blockscale, just a year after it was launched. The company plans to stop accepting orders for the series by 20 October 2023 and cease shipment by 20 April…
In a letter to shareholders on April 19th, Netflix announced that it will be cracking down on US password sharing by the end of June 2023. The company’s second quarter of the financial year will see a broad rollout of…
Australia is introducing new standards to target vehicle emissions, aiming to increase the adoption of electric cars and catch up with other developed economies. Last year, only 3.8% of cars sold in Australia were electric, lagging behind Britain and Europe…
Tesla Inc (TSLA.O) has once again reduced prices for some of its Model Y and Model 3 electric vehicles in the United States, as seen on its website late on Tuesday. This is the sixth time the company has lowered…
Samsung has once again regained its position as the top smartphone vendor globally in the first quarter of this year, slightly edging out its main competitor, Apple. This is according to a report released by market tracker Canalys on Wednesday….
Google’s highly-anticipated Pixel Fold smartphone is expected to make its debut at the company’s annual developer conference, Google I/O, on May 10th, according to a recent report by CNBC. This foldable device, which will rival Samsung’s Galaxy Z Fold 4,…