Uber, the ride-hailing and freight transport company, has reportedly agreed to pay $178 million USD to settle a class action lawsuit by Australian taxi operators and drivers who accused the company of breaking laws requiring taxis…
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BestBuy Recalls 287,300 Air Fryers
BestBuy has issued a recall of 287,300 Insignia air fryers sold in the United States and Canada due to fire hazards. According to the notice from the US Consumer Product Safety Commission, the handles of the…
TikTok: $10.94 Million Antitrust Fine
The Italian Competition Authority, also known as ICA, is the competition regulator in Italy. It was established by law in 1990 and is responsible for enforcing laws against conflicts of interest for holders of public office…
Hyundai to Recall 28,439 Vehicles (USA)
Hyundai has issued a recall of 28,439 vehicles in the United States of America due to a defect in the engine section. The report mentions that the oil leak could lead to a fire in the…
Hyundai and Kia to Recall 169,932 Vehicles
Hyundai and Kia issued a recall of about 169,932 electric vehicles (EVs) after the transport ministry in South Korea discovered issues with the charging system’s software. The defect affects up to 5 of the company’s electric…
IBM to Layoff 8,000
The International Business Machines Corporation is the largest industrial research organization in the world, specializing in computer hardware, middleware, and software solutions. IBM was founded in 1911 and is headquartered in Armonk, New York. According to…
China: 2 Killed in Building Fire
Hebei is a province in North China. It is the sixth most populous province in China, with a population of over 74 million residents as of 2020. According to reports, there has been an explosion at…
PwC to Layoff 329
PricewaterhouseCoopers International Limited, commonly known as PwC, is a multinational professional services brand. PwC is one of the largest professional services networks in the world, counted among the Big Four accounting firms: Deloitte, KPMG, and EY….
Apple: Web Distribution for iOS Apps
Apple has announced major changes to its mobile application distribution offering in response to various developer backlash and scrutiny by European Union’s laws. This new update will allow developers in the EU publish their iOS applications…
India: $100 Billion Free Trade Deal
The government of India has signed a Free Trade Agreement (FTA) with the European Free Trade Association (EFTA), which comprises of Norway, Switzerland, Iceland, and Liechtenstein. Under this deal, India will lift most import tariffs on…