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Charter Communications: $15 Million Settlement

Charter Communications, Inc., is an American telecommunications and mass media company with services branded as Spectrum. It is the largest cable operator in the United States by subscribers, with over 32 million customers in 41 states. According to reports, Charter Communications has agreed to pay a $15 million USD civil penalty to resolve an investigation…

Toyota Issues Remedy for Recalled Vehicles

Toyota has issued a remedy for 102,092 vehicles that have debris from the manufacturing process that may contaminate the engine and cause the main bearings to fail, resulting in a loss of drive power. According to reports, Toyota will replace the engines of the affected Tundra and Lexus LX600 vehicles produced between 2021-2023 free of…

Toyota To Build EV Battery Plant In Japan

Toyota has announced plans to build a battery plant for electric vehicles in the southwestern prefecture of Fukuoka, Japan, to supply batteries for its luxury Lexus brand cars. According to reports, the plant will be operated by Primearth EV Energy, a Toyota subsidiary that specializes in making batteries for hybrids, plug-in hybrids, and purely battery-powered…

Google Launches Gemini 1.5 Flash

Google has announced an update to its AI-powered chatbot Gemini. Gemini is a type of large language model (LLM) built on top of Google’s LaMDA (Language Model for Dialogue Applications) technology. According to reports, Gemini 1.5 Flash has been updated to have access to a vast knowledge base and ensure accurate and up-to-date information, as…

NBA: $77 Billion Broadcasting Deal

The National Basketball Association (NBA) is a men’s professional basketball league in North America founded in 1946 and headquartered in New York. It is composed of 30 teams from the United States and Canada and is considered the premier professional basketball league in the world. According to reports, the NBA has signed an 11-year broadcasting…

Alphabet: $5 Billion Waymo Investment

Alphabet Inc. is an American multinational technology conglomerate holding company founded in 2015 and headquartered in Mountain View, California. Alphabet is the second-largest technology company by revenue. It is one of the Big Five American information technology companies, alongside Apple, Meta (Facebook), Amazon, and Microsoft. According to reports, Alphabet will invest an additional $5 billion…

Foxconn: $137.5 Million Investment in China

Foxconn, also referred to as Hon Hai Precision Industry Co. Ltd, is a multinational electronics contract manufacturer founded in 1974, with its headquarters in New Taipei, Taiwan. Foxconn specializes in manufacturing various electronic products including the iPhone, BlackBerry, PlayStation, Kindle, and Google Pixel, among others. According to reports, Foxconn has announced plans to invest $137.5…

Stellantis Recalls 19,516 Vehicles

Stellantis has issued a recall of 19,516 vehicles in the United States due to a potential fire risk. According to the notice from the National Highway Traffic Safety Administration (NHTSA), the battery pack of these vehicles may cause a fire when parked, even when the ignition is switched off. Owners have been advised not to…

Woodside Energy: $1.2 Billion Tellurian Deal

Woodside Energy Group Ltd is an Australian petroleum exploration and production company founded in 1954 and headquartered in Perth, Western Australia. It is the largest independent dedicated oil and gas company in the country. According to reports, Woodside Energy has announced the acquisition of Tellurian Inc. for $900 million USD in cash, alongside its net…

Hyundai Recalls 66,996 Vehicles

Hyundai has issued a recall of 66,996 vehicles due to two significant issues. According to the notice from the National Highway Traffic Safety Administration (NHTSA), about 54,647 vehicles are being recalled over a loss of drive power from a fuel pump failure that could increase the risk of a crash. Additionally, about 12,349 Santa Fe…