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
Vietnam to conduct ‘comprehensive inspection’ of TikTok over harmful content

Vietnam’s government said it will probe TikTok’s operations in the country from May, in a bid to ensure the video platform complies with regulations on
Collapse of FTX deprives academics of grants, stokes fears of forced repayment

The collapse of crypto exchange FTX and its grant-making body, the FTX Future Fund, has left some researchers at top universities without the funds they
In Beijing, French business community welcomes Macron’s overtures

Among the French business executives travelling to Beijing with President Emmanuel Macron, the mood was cautiously sanguine on the thawing post-pandemic trade prospects with China,

