Business
Virgin Australia and Qatar Airways Partnership Takes Off
The Australian Government has officially approved Qatar Airways Group’s acquisition of Virgin Australia's 25% minority stake.
Apple shareholders reject anti-DEI proposal at annual meeting
At its investor meeting on Tuesday, Apple shareholders overwhelmingly voted against an anti-diversity, equity, and inclusion (DEI) proposal brought forward by the conservative National Center for Public Policy Research. The proposal, one of four on the ballot, called on the tech giant to cease its D
Tesla sales in Europe plunge nearly 45% in January, ACEA reports
U.S. electric vehicle giant Tesla experienced a dramatic drop in European sales in January, with a year-on-year decline of 45.2%, according to data from the European Automobile Manufacturers' Association (ACEA).
Apple to invest $500 billion in U.S., build AI server factory
Apple will invest $500 billion in the U.S. over four years, including an AI server factory in Texas and 20,000 new R&D jobs.
TikTok (with Douyin) becomes first app to reach $6B in annual consumer spending
San Francisco/New York, February 24, 2025 – In a significant milestone for the creator economy, TikTok - together with its Chinese counterpart Douyin - generated $6 billion in in-app purchase (IAP) revenue in 2024, making it the first non-game app to achieve this feat in a single year.
Telegram faces A$1m fine for delayed response in Australia
Australia's eSafety Commission fined messaging platform Telegram about A$1 million for its delay in providing information on measures to prevent child abuse and violent extremist content, the regulator announced on Monday.
Elon Musk’s Government Efficiency Department implements cuts to NHTSA’s autonomous vehicle team
Washington, D.C., February 17, 2025 – Elon Musk’s Department of Government Efficiency, also known as DOGE, has reduced the staffing of a key team at the National Highway Traffic Safety Administration (NHTSA) responsible for regulating autonomous vehicles, according to The Washington Post.
Azerbaijan's oil fund invests €34.5 million in Italian railway operator
The State Oil Fund of Azerbaijan (SOFAZ) has invested €34.5 million in Italy’s leading high-speed railway operator, Italo – Nuovo Trasporto Viaggiatori S.p.A. (Italo) by entering into agreement with the Global Infrastructure Partners (GIP), affiliated with US-based BlackRock.
Apple Vision Pro to receive Apple Intelligence update in April
Apple's Vision Pro headset is expected to receive a major update incorporating Apple Intelligence as soon as April, according to a new report from Bloomberg.
Apple will introduce its 'newest member of the family' on February 19
It seems Apple is ready to show off something new. In a tweet on Thursday, CEO Tim Cook told Apple aficionados to "get ready to meet the newest member of the family."
Baidu to make AI chatbot Ernie Bot free of charge from April 1
Chinese tech stocks fell after reaching multi-year highs as AI-driven gains slowed. Traders locked in profits amid economic concerns, with Alibaba and Baidu retreating from their intraday peaks.
Nissan and Honda end merger talks, continue EV collaboration
Nissan Motor Co. (7201.T) and Honda Motor Co. (7267.T) have formally ended discussions on a potential merger, a deal that would have created a $60 billion automotive giant. Despite this decision, both automakers confirmed they will continue to collaborate on electric vehicle (EV) technology.
OpenAI to finalise first custom AI chip by 2026
OpenAI plans to finalise its first custom AI chip, aiming for production by 2026, reducing reliance on Nvidia.
BP pledges reset as annual profit dips below $9 billion
BP CEO Murray Auchincloss pledged on Tuesday to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations.
Apple reportedly set to release airpods with cameras by 2027
Apple is reportedly working on a version of AirPods Pro with integrated cameras, set to launch as early as 2027, according to Bloomberg’s Mark Gurman. While the cameras won’t be featured in the upcoming AirPods Pro 3, the new tech aims to enhance AI-driven features and spatial audio integration.
2025 set to be a landmark year for commercial moon missions
The year 2025 is shaping up to be a pivotal period for commercial lunar exploration, with half a dozen missions slated to launch over the coming months. These ventures, led by private companies under NASA’s Commercial Lunar Payload Services (CLPS) program, mark a significant expansion of commercial
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