Germany’s defense minister asserted on Saturday that the nation’s commitment to allocate 2% of its GDP towards defense expenditures represented merely a starting point, suggesting that additional investments would likely be necessary. Earlier the same day, German Chancellor Olaf Scholz ...

ESPN is set to launch its flagship direct-to-consumer service in either August or the fall of 2025, according to Disney CEO Bob Iger, who shared this information during an interview on Wednesday. This new service will encompass all of ESPN’s ...

Ford Motor is revising its electric vehicle (EV) strategies, including “reassessing” whether it should continue in-house battery production, according to CEO Jim Farley on Tuesday. The Detroit-based automaker had previously announced plans to delay or reduce $12 billion in spending ...

On Tuesday, New York Attorney General Letitia James filed a lawsuit against Citibank, accusing the bank of failing to protect and reimburse victims of electronic fraud. The lawsuit asserts that Citibank lacks adequate safeguards to prevent unauthorized account takeovers, misleads ...

General Motors is revising its product strategy to incorporate plug-in hybrid electric vehicles (PHEVs), CEO Mary Barra announced to investors on Tuesday. While Barra did not provide specific details about the plans, she stated that PHEVs, which combine an internal ...

Gilead shares dropped over 10% on Monday after a key drug from the company failed to significantly extend the lives of patients with a certain type of lung cancer in a late-stage trial. The trial results represent a setback for ...

When Sweetgreen went public two years ago, co-founder and CEO Jonathan Neman shared the goal of making the salad chain the “McDonald’s of its generation.” However, another salad chain, Salad and Go, may surpass Sweetgreen in this race. Founded in ...

TikTok is currently testing a new feature called “AI Song,” which allows users to create songs using artificial intelligence based on prompts they provide, as confirmed. This experimental feature is available only to a limited number of users and is ...

Scientists in Iceland are preparing to drill into a magma chamber about a mile underground with the goal of generating limitless energy. The Krafla Magma Testbed (KMT) is set to become the world’s first research center situated above a magma ...

Google has officially begun the process of phasing out third-party cookies. A new feature called Tracking Protection, which automatically restricts third-party cookies, started rolling out to 1% of Chrome users worldwide on January 4, 2024. If you’re among those affected, ...