Hewlett Packard to pursue $4bn claim against late tech mogul Mike Lynch
US tech company says it will continue case against Lynch's estate following his death in a yacht wreck off Sicily.
Category Archives: Economy
Australia’s biggest listed casino operator suspended from stock exchange
Star Entertainment Group delisted days after damning report by casino regulator in New South Wales.
10,000 US hotel workers strike over Labor Day weekend
Workers walk off the job in eight US cities over pandemic-era cost-cutting measures.
Brazil’s top court threatens to ban Elon Musk’s X
Supreme Court judge Alexandre de Moraes says platform faces ban unless Musk names legal representative within 24 hours.
South Korea arrests battery maker CEO over fire that killed 23
Aricell CEO Park Soon-kwan arrested over alleged violations of industrial safety law.
A dangerous precedent? Telegram CEO Pavel Durov’s arrest stokes speech war
Tech founder's arrest in France highlights debate about whether platforms are responsible for the speech of their users.
Australia caps international student numbers amid discontent over housing
Education minister says enrolments to be limited to 270,000 in 2025 in bid to create 'a better and a fairer system'.
Elon Musk’s X tweaks chatbot after warning over US election misinformation
Social media platform alters Grok after complaint it produced false information about ballot deadlines in US states.
Australia gives workers right to ignore bosses’ after-hours calls, emails
The country is the latest to pass legislation granting a 'right to disconnect' outside of work hours.
Nepal lifts TikTok ban after blocking app over ‘social harmony’ concerns
Move comes weeks after Prime Minister KP Sharma Oli was sworn into office following collapse of previous government.
Canada intervenes to end freight rail shutdown triggered by labour dispute
Ottawa orders railroads to enter arbitration with labour union to avert prolonged disruption to services.
Andrew and Tristan Tate detained in Romania in new trafficking probe
Romanian authorities say probe relates to alleged crimes including human trafficking and sex with a minor.
US orders inspections of Boeing 787 planes following midair plunge
Federal Aviation Administration orders inspections after mid-flight dive blamed on random movement of pilots' seats.
Chechen leader drives gun-mounted Tesla truck, invites Musk to Russia
Ramzan Kadyrov says Cybertruck will be given to Russian forces fighting in the war in Ukraine.
After OnlyFans, AI ‘girlfriends’ are tech’s next pitch to lonely men
AI-powered companions are a growing industry amid rising loneliness and disillusionment with modern dating.
Intel to slash 15,000 jobs amid struggles to keep up with Nvidia and AMD
US chipmaker to cut 15 percent of workforce as part of efforts to cut costs by $10bn in 2025.
Meta shares surge after tech giant reports $13.5bn profit
CEO Mark Zuckerberg says Meta AI is on track to be the most used AI assistant worldwide by the year's end.
McDonald’s sales fall globally for first time in over three years
McDonald’s CEO Chris Kempczinski says low-income consumers eating at home and finding other ways to economise.
Air New Zealand scraps 2030 carbon emissions target
Flag carrier says it is unable to achieve target due to lack of newer fuel-efficient aircraft and alternative jet fuels.
Journalists at Australian newspapers go on strike on eve of Olympics
Editorial staff vote to walk off the job after rejecting annual pay increase of between 3 and 4 percent.