The United States Federal Trade Commission (FTC) has taken legal action against Amazon again, filing a complaint that alleges the company engaged in deceptive practices to lure customers into purchasing Prime memberships that were intentionally difficult to cancel. The ecommerce company was recently entangled in a $30+ million privacy violation suit that was targeted at…
Grab Holdings Inc Cuts 1,000 Jobs
Grab Holdings Inc is a multinational technology company headquartered in Singapore. Grab was founded in 2012 as an intersection of transportation, food delivery, and digital payments, into a single platform accessible on mobile devices. With a presence in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand, and Vietnam, the publicly traded company is a force in…
Tesla Welcomes Rivian to EV Superchargers
Rivian Automotive Inc is an American electric vehicle (EV) manufacturer and technology company, that has been revolutionizing the industry since its inception in 2009. The company has a highly anticipated electric (SUV) and pickup truck, both of which are built on a unique self-contained automotive chassis platform. With the growing demand for sustainable last-mile delivery…
Mercedes Benz: MBUX introduces ChatGPT
Mercedes-Benz is a German automotive brand that specializes in luxury and commercial vehicles. Established in 1926, the brand has since acquired a top-shelf reputation for its exquisite craftsmanship, cutting-edge technology, and unmatched driving experience. In 2018, Mercedes-Benz was the premium vehicle brand globally, having sold 2.31 million passenger cars. Mercedes-Benz User Experience (MBUX) is a…
Instant Brands Files for Bankruptcy
Founded in 2009, Instant Brands Inc. is a household name in the kitchen appliance industry. With a mission to provide convenience to cooking, the company has gained widespread recognition for its innovative products, particularly the Instant Pot. Instant Brands recently filed for Chapter 11 bankruptcy, signaling the company’s intent to undergo a reorganization rather than…
Tesla Welcomes GM to EV Superchargers
General Motors (GM) is an American multinational auto manufacturing corporation with its headquarters in Michigan, USA. The company’s portfolio comprises four brands – Chevrolet, Buick, GMC, and Cadillac. In 2022, it was the largest automaker in the United States in terms of sales, and although it lost the top spot to Toyota in 2008, GM…
Spotify: 200 Job Cuts Across Podcast Vertical
Spotify revealed plans for a strategic realignment within its podcasting division. This move comes as part of the company’s efforts to grow its partnership initiatives with leading podcasters worldwide and provide personalized support throughout the division. To implement this shift, Spotify is reducing the global podcast department and others, resulting in approximately 200 employees being…
Microsoft: $20 Million Privacy Violation Fine
Microsoft has reached a settlement with the US Federal Trade Commission (FTC) after they collected and retained data on children who created Xbox accounts. As part of the agreement, Microsoft will pay a fine of $20 million to the regulators, and additional measures will be implemented to enhance protection for young gamers. The Children’s Online…
Ford: Lincoln Recalls 142,734 SUV’s
Lincoln Motor Company is the luxury vehicle division of the renowned Ford Motor Company, Lincoln is one of the top luxury brands in the United States, often seen as a direct competitor to General Motors’ brilliant Cadillac. The story of this auto company began in 1917, founded by Henry M. Leland, who named the company…
Airbnb Sues New York City
Airbnb Inc is a San Francisco-based company that connects hosts offering accommodations and experiences with travelers seeking unique and personalized stays. Airbnb enables individuals to monetize their properties by renting them out to travelers for short or long-term stays. The platform boasts an extensive range of listings, spanning from cozy apartments in bustling cities to…