Escalating conflict in Sudan is likely to spill over into the wider region and rest of the world, analysts have suggested.Story Published at: April 25, 2023 at 10:29AM
A ‘tinderbox’ with no easy off-ramps: What the Sudan conflict means for the world
ByteDance is pushing a new app in the U.S. as TikTok faces a ban
As sister app TikTok faces a possible ban, Lemon8 is gaining popularity in the U.S. Analysts call it a strategic move to give TikTok creators an alternative.Story Published at: April 25, 2023 at 03:26AM
Coinbase sues SEC after months of silence from federal regulator
The crypto exchange asked a judge to compel the SEC’s answer on whether or not existing rulemaking processes would be extended to the crypto industry.Story Published at: April 25, 2023 at 01:45AM
The economy is in a ‘freight recession,’ with China trade decline continuing
As ocean trade volumes continue to fall, rail and road is suffering and the supply chain is in what some executives call a ‘freight recession.’Story Published at: April 24, 2023 at 07:24PM
Social media raises bank run risk, fueled Silicon Valley Bank’s collapse, paper says
A new academic paper examines the risk of social media on “distress in banks” and how Twitter conversations amplified the bank run risk ahead of SVB’s collapse.Story Published at: April 24, 2023 at 03:45PM
Disney begins second, larger round of layoffs, bringing total to 4,000 jobs cut
Disney plans to reduce its workforce by 7,000 jobs as part of a larger reorganization that will see the company cut $5.5 billion in costs.Story Published at: April 24, 2023 at 04:53PM
Why Porsche, Mercedes and GM are betting on silicon-anode batteries
Silicon-anode batteries could be the next big thing in tech, as they start to win the attention of Airbus, Porsche Mercedes-Benz and General Motors.Story Published at: April 25, 2023 at 12:15AM
NBCUniversal faces a set of company-defining decisions as CEO Jeff Shell departs
NBCUniversal must make decisions on Hulu, sports rights and a potential merger with Warner Bros. Discovery without CEO Jeff Shell.Story Published at: April 24, 2023 at 08:11PM
Apple declares ‘resounding victory’ after decision reached in Epic Games appeal
An appeals court on Monday mostly sided with Apple over its App Store rules in a suit with Epic Games.Story Published at: April 24, 2023 at 07:27PM
Russia’s foreign minister comes to the United Nations as Moscow faces war crimes accusations
Russia’s foreign minister, Sergey Lavrov, takes the helm of the UN Security Council as allegations of Russian war crimes in Ukraine mount.Story Published at: April 24, 2023 at 03:22PM