The former CEO of Arm, Warren East, highlighted the challenges facing the UK in commercializing technology businesses globally. Despite the country’s potential for creating innovative technology, there is a lack of global relevance and commercial success on the world stage. This is evident in the criticisms of lackluster growth and poor GDP rates per head
Enterprise
Northvolt, a prominent battery producer for Europe’s electric vehicle industry, has recently revealed its plans to streamline operations by cutting jobs, closing down a site, and engaging in discussions with partners and investors. The company, headquartered in Stockholm, Sweden, is known for manufacturing lithium-ion batteries for electric vehicles and has forged partnerships with major European
YouTube creators are shifting away from traditional revenue channels such as Google’s algorithms and advertiser revenue in favor of subscription-based services. The Try Guys, a popular creator group, have launched their standalone streaming service called 2nd Try to diversify their income streams. This move has proven to be successful, with the company on track to
Roblox, the well-known children’s gaming platform, is making a significant shift by allowing some game developers to charge users real money for their creations. This departure from relying solely on Roblox’s digital currency, Robux, is aimed at Paid Access games specifically. The move mirrors the traditional video game industry’s approach, providing developers with the opportunity
The National Labor Relations Board (NLRB) regional director made a statement on Wednesday stating that Amazon should be considered a “joint employer” of some of its contracted delivery drivers in Atlanta. This announcement came after the NLRB reviewed two unfair labor practice charges filed in January regarding the treatment of drivers at the DAT6 warehouse
The call for an investigation into the safety practices of foreign-owned e-commerce platforms, such as Shein and Temu, by two U.S. Consumer Product Safety Commission members, raises serious concerns about consumer protection. CPSC Commissioners Peter Feldman and Douglas Dziak emphasized the need to scrutinize these platforms for the alleged sale of “deadly baby and toddler
In recent years, the hospitality industry has witnessed a significant shift in how hotel room keys are accessed. With a growing concern for hygiene, cybersecurity, and convenience, many hotel chains are now racing to replace the traditional plastic room key with digital options. However, the transition is not without its challenges and limitations. The COVID-19
Recently, a panel of Brazil’s federal supreme court justices unanimously upheld orders suspending the use of Elon Musk’s social network X nationwide. This decision came after the court issued suspension orders due to alleged violations of Brazil’s laws on political misinformation and hate speech online. The orders included fines for individuals or businesses engaging in
Huawei recently announced plans to hold a product launch event on September 10th, just hours after Apple’s annual iPhone reveal. This strategic move is seen as an attempt by the Chinese technology giant to upstage its U.S. rival. The event is scheduled to take place at 2:30 p.m. Beijing time, which translates to late evening
Alibaba has successfully completed a three-year regulatory “rectification” process after facing an antitrust fine due to alleged monopolistic practices in 2021, as stated by China’s market regulator. The State Administration for Market Regulation (SAMR) in China announced on Friday that Alibaba has met the necessary requirements to become compliant with antitrust regulations. This achievement has