Baidu sues Apple, app developers over fake Ernie bot apps
Chinese search engine giant Baidu, has filed lawsuits against “relevant” app developers and Apple Inc over fake copies of its Ernie bot app available on Apple’s
First Republic bank to suspend dividends on preferred stock
First Republic Bank said in a regulatory filing on Friday that it will suspend payments of quarterly cash dividends on its preferred stock “as a measure
Tesla cuts US prices for fifth time since January
Tesla cut prices in the United States between 2% and nearly 6%, its website showed on Thursday, as the company extends a discount drive on its
Tesla hit with class action lawsuit over alleged privacy intrusion
A California Tesla owner on Friday sued the electric carmaker in a prospective class action lawsuit accusing it of violating the privacy of customers. The
Bank of Canada seen on hold even as economy accelerates
The Bank of Canada is expected to take in stride surprising recent economic strength and leave interest rates unchanged at its meeting on Wednesday, pinning
Tesla to build Shanghai factory to make Megapack batteries, Xinhua reports
Tesla Inc will build a factory in Shanghai to make the Megapack energy storage product, Chinese state media outlet Xinhua reported on Sunday. Elon Musk’s automaker
Foxconn plans $800 million investment in southern Taiwan
Foxconn is planning to invest T$25 billion ($820 million) in the next three years in new manufacturing facilities in southern Taiwan to support its electric vehicle
U.S. banks are dangling promotions to lock in customer deposits, analysts say
For months, consumers have clamored for banks to pay out more for deposits as the Federal Reserve raised interest rates. Now analysts say after the
Australia cancels Binance’s financial services licence amid probe
Cryptocurrency exchange operator Binance will close its Australian derivatives business after relinquishing a financial services licence on Thursday amid a regulatory probe into its operations.
Australian mayor readies world’s first defamation lawsuit over ChatGPT content
A regional Australian mayor said he may sue OpenAI if it does not correct ChatGPT’s false claims that he had served time in prison for
