TikTok is preparing to lay off hundreds of staff in London from its trust and safety department, according to a report in the Financial Times. The cuts come as the UK’s Online Safety Act begins to take effect, imposing stricter requirements on international tech companies to prevent the spread of…
Dow futures surged 150 points on Friday, as traders waited for Jerome Powell’s big speech at the Jackson Hole…
Australian shares surged past the key 9,000 mark for the first time on Thursday, lifted by financials and a…
By mid-August, both the S&P 500 and NASDAQ had hit a succession of fresh all-time highs as investors sloughed…
The world’s biggest tech companies are tearing up the rulebook in their pursuit of AI. Energy, infrastructure, talent. It’s…
Meta Platforms has paused hiring for its newly formed artificial intelligence division, a move that comes after a year…
Global crude and condensate departures remained high in the first half of August, reaching approximately 41 million barrels per…
Starbucks is expanding its health and wellness offerings by testing coconut water beverages in hundreds of additional stores.The new…
Shares of WH Smith plunged by nearly 40% on Thursday after the travel retailer revealed it had overstated earnings…