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Business

Amazon will launch 172,000 square foot Project Kuiper internet satellite factory

Amazon said on Thursday that a new facility will be built in a Seattle neighbourhood to produce satellites for Project…

Mercedes-Benz is the first automaker to receive Apple’s Spatial Audio technology

The newest example of Apple's foray into the automotive industry is the company's partnership with Mercedes-Benz and Universal Music Group…

The largest academic endowment in the world faced its first financial loss since 2016

The endowment of Harvard University suffered a $2.3 billion loss in fiscal 2022, which the university attributes to both the…

Ohio will be the site of Honda’s planned $4.4 billion EV battery factory

Honda Motor and LG Energy Solution on Tuesday announced the building of a new multibillion-dollar batteries manufacturing facility in Ohio. The…

According to reports, TikTok plans to launch fulfilment centres to compete with Amazon

Amazon is without a doubt the ruler of the e-commerce world, but TikTok, a social media firm, could give the…

McDonald’s has declared the return of its Halloween pails, just in time for trick-or-treating

What could be spookier than some Halloween-related nostalgia? The fast food restaurant business McDonald's has announced the return of its…

Walmart is hiring 40,000 employees throughout the holiday season

As the holiday season approaches, Walmart revealed on Wednesday that it will be employing 40,000 seasonal and full-time employees. In…

Jeff Bezos was just replaced as the second-richest person in the world by an Indian tycoon

The second-richest person in the world, Jeff Bezos, has just dropped to third place as Indian business tycoon Gautam Adani…

Burger King will spend $400 million over two years on modernization

Over the next two years, Burger King plans to spend more than $400 million on advertising, restaurant renovations, and support…

Netflix will provide more affordable, ad-supported subscription option in November

A lower, ad-supported tier for Netflix's streaming service is reportedly going to emerge at the beginning of November as the…

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