All articles by Sarah Brady
Sarah Brady
Amazon shareholders sue board over Project Kuiper space contracts
Project Kuiper aims to launch around 3,000 satellites in a bid to bring broadband to remote areas, with beta testing scheduled for 2024.
Signal: Tesla cuts Model S, X prices in China as EV price war heats up
In a further escalation of its price war in China, Tesla-owner Musk has introduced new price cuts to its Model S and X.
Klarna falls short of half-year profit
As the BNPL model flounders amid rampant inflation, Klarna has managed to cut costs but has failed to become profitable.
Age discrimination lawsuit against Musk’s X to go ahead
Plaintiff Zeman, one of those laid off in November of last year, alleges that 60% of employees laid off were aged 50 or older.
Signal: US blocks Nvidia sales to Middle East over China fears
Nvidia’s H100 and A100 chips are in high demand for training software such as ChatGPT and are key to Beijing’s AI ambitions.
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Hyundai to acquire 5% stake in EV metal company
Hyundai Motor Group is investing heavily to secure key metals for EV batteries.
Treat AI chatbots as if still in beta, warns UK government cyber body
Britain’s National Cyber Security Centre has warned businesses incorporating large language models into their services could be vulnerable to attacks.
Disney to offer free cricket in India streaming war
In a bid to recover user numbers, Disney will offer free cricket on smartphones to compete with JioCinema’s acquisition of the Indian Premier League.
New Zealand plans 2025 digital services tax
New Zealand is proposing a 3% levy for multinational corporations that earn over US$812m a year internationally.
US judge to decertify Google Play class action lawsuit
A class action lawsuit by 21 million consumers alleging that Google violated antitrust law forms part of a larger antitrust case which includes 38 US states.