Technology
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Business
Apple plans record $110 billion share buyback amid challenging earnings report
Apple on Thursday posted first-quarter revenue of $90.8 billion, down 4% year over year, as the iPhone maker continues to…
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Business
In surprise move, Musk axes the team building Tesla’s EV charging network
Tesla has abruptly fired the team running its electric vehicle charging business, raising doubts about the future of one of…
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Business
Russia’s Gazprom posts first annual loss in 20 years as sales to Europe collapse
Moscow — Kremlin-owned gas giant Gazprom plunged to a net loss of 629 billion rubles ($6.9 billion) in 2023, its first annual loss in…
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Business
US warns rates to stay high as it battles inflation
The US central bank again said it would keep interest rates unchanged, noting a “lack of further progress” toward lowering…
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Business
Apple iPhone sales fall in nearly all countries
Sales of iPhones have fallen in almost every market across the globe, according to the latest results from Apple. The…
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Business
Tesla China rival BYD sees profits and sales fall
Chinese car giant BYD has seen profits fall as it is hit by slowing demand for electric vehicles (EV) and…
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Business
EU investigates Meta over fears of election interference and foreign disinformation
European Union officials are investigating Meta over concerns the company hasn’t done enough to protect upcoming EU elections or to combat foreign…
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International News
CEOs of OpenAI, Google and Microsoft to join other tech leaders on federal AI safety panel
WashingtonCNN — The US government has asked leading artificial intelligence companies for advice on how to use the technology they are…
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Business
Biden praises UAW-Daimler Truck agreement as a ‘testament to the power of collective bargaining’
New YorkCNN — President Joe Biden praised the United Auto Workers and Daimler Truck for reaching a tentative in the…
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Business
Elon Musk wins official praise for Tesla during surprise visit to China
Hong KongCNN — Elon Musk has made a surprise visit to China as he bids to shore up Tesla’s slumping sales…
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