Tesla has issued a recall for over 27,000 vehicles in the United States due to delayed rear-view camera images that could impair driver visibility and increase crash risks. According to reports, the problem is from the vehicles’ shutdown and reboot systems, which can leave the rear-view display blank for up to six to eight seconds…
AO World: $13.3 Million musicMagpie Acquisition Deal
AO World is an electrical retailer founded in 2000 and headquartered in Bolton, England. It specializes in household appliances and electricals and operates in the United Kingdom (ao.com). According to reports, AO has announced plans to acquire musicMagpie for $13.3 million USD to boost its mobile and consumer tech businesses and create new opportunities for…
CVS Health To Layoff 2,900
CVS Health Corp. is an American healthcare company founded in 1963 and headquartered in Woonsocket, Rhode Island. It owns CVS Pharmacy, a retail pharmacy chain, and is the world’s second-largest healthcare company. According to reports, the company has announced plans to lay off 2,900 employees as part of a cost-cutting initiative to streamline operations affecting…
Oracle: $6.5 Billion Cloud Investment In Malaysia
Oracle Corporation is an American multinational computer technology company founded in 1977 and headquartered in Austin, Texas. It specializes in database software and cloud computing. As of 2020, it was the third-largest software company in the world by revenue and market capitalization. According to reports, Oracle has announced plans to invest $6.5 billion USD to…
Mastercard To Acquire Minna Technologies
Mastercard, the global payment technology company, has announced plans to acquire Minna Technologies, a Swedish subscription management software firm, to enhance its consumer subscription experience. According to reports, this acquisition will allow its customers to access all their subscriptions in a single view, whether inside their banking app or a central hub, and minimize disruptions…
Stellantis To Recall 194,000 Vehicles
Stellantis has issued a recall of 194,000 vehicles due to a potential fire risk related to a battery component. There have been reports of 13 fires, all of which occurred when the vehicles were parked and turned off. The company estimates that only 5% of the affected vehicles may have the defect. Affected vehicles include…
Google: $1 Billion Data Center Investment In Thailand
Google has announced plans to invest $1 billion USD in Thailand to build a new data center as well as the expansion of the country’s cloud infrastructure to meet growing demand and support artificial intelligence adoption in the region. According to reports, the investment will create an average of 14,000 jobs annually until 2029 as…
Vertical Bridge: $3.3 Billion Tower Infrastructure Deal
Vertical Bridge LLC, is the largest private owner and operator of communications infrastructure and locations in the United States. It was founded in 2014 and headquartered in Boca Raton, Florida. According to reports, Vertical Bridge has announced plans to buy thousands of mobile phone towers from Verizon Communications, in a deal valued at $3.3 billion…
BYD To Recall 97,000 Vehicles
BYD, the Chinese automotive company, has issued a recall of approximately 97,000 vehicles due to a manufacturing defect involving the steering control unit that poses a potential fire risk. According to reports, affected vehicles include Dolphin and Yuan Plus electric vehicles manufactured in China between November 2022 and December 2023. Dealers will install a physical…
Mazda To Recall 77,670 Vehicles
Mazda Motor Corporation is a Japanese multinational automotive manufacturer founded in 1920 and headquartered in Fuchū, Hiroshima, Japan. The company is known for its sleek designs, sporty performance, and innovative technologies. According to reports, Mazda has issued a recall of 77,670 vehicles in the United States due to a software error that may cause the…