Business

How a handful of X accounts took Elon Musk ‘down the rabbit hole’ on UK politics

OSTN Staff

Tech billionaire’s posts about grooming gangs scandal have elevated issue

Exclusive: Movement Labs set to close $100 million funding round as crypto markets heat up

OSTN Staff

Movement is building a layer-2 blockchain on Ethereum using technology from Facebook’s failed crypto project. Read More

Indonesia says $1bn offer from Apple not enough to lift iPhone 16 ban

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Minister says proposed AirTag factory would not help US tech giant meet local content rules on smartphone sales

U.K. launches a £10 entry fee for U.S., Canadian and Australian visitors

OSTN Staff

The scheme is similar to the ESTA system in the U.S. where visitors who do not need a visa must ...

Samsung warns its inability to meet demand for AI chips will make fourth-quarter profits fall sharply

OSTN Staff

The announcement comes after the world’s largest memory-chip maker issued a rare apology in October acknowledging it was facing a ...

SoftBank’s Masayoshi Son chases Nvidia

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Also: Meta takes censorship memo from X, Nvidia trounces competitors in market cap, optimism about M&A. Read More

UK 10-year borrowing costs hit highest level since 2008

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Sterling falls sharply as government bond sell-off threatens Labour’s ability to meet budget rules

Crypto data platform SoSoValue raises $15 million in new funding to launch multi-coin indices

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The company will use the money to introduce additional wrapped tokens for investors. Read More

Pity the middle-sized nations of the world

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Small countries have the best outcomes, while the few giants shape the globe

Donald Trump’s Greenland ‘fetish’ is spooking Europe—though this isn’t his first time, nor is he the only U.S. president to have tried it

OSTN Staff

Trump’s desperation for Greenland “poses difficult questions that no one in Europe thought they would have to consider,” one expert ...

Justice Department accuses 6 major landlords of colluding by using algorithm and sharing data to keep rents high

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The lawsuit arrives as U.S. renters continue to struggle under a merciless housing market, with incomes failing to keep up ...

UK plan to adopt gene editing technology clashes with EU deal

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Agriculture industry sounds alarm over missing out on what was hailed as Brexit benefit

Manufacturing giant Bosch, blighted by German economy, turns to U.S. with multimillion-dollar bet on first-ever Super Bowl ad

OSTN Staff

The German industrial giant will air its first Super Bowl ad in its 139-year-history as struggles in Germany continue. Read ...

Elon Musk’s attacks on Europe’s leaders and embrace of its far right signals to U.S. allies their relationship is set to change

OSTN Staff

Elon Musk, the world’s richest man and a major force in U.S. politics, is taking his influence to Europe. Read ...

Indonesia keeps its iPhone 16 sales ban even after Apple pledges $1 billion investment

OSTN Staff

Indonesia prohibited the sale of the iPhone 16 over Apple’s failure to meet local regulations requiring that 40% of phones ...

Flying taxis are ‘just a few steps from the finish line’

OSTN Staff

CEO of Joby Aviation, JoeBen Bevirt is getting closer to turning his boyhood flights of fancy into a dream come ...

Texas legislature to consider tough AI bill, but critics warn it threatens to ‘stall’ U.S. AI progress

OSTN Staff

The Texas Responsible AI Governance Act (TRAIGA), also known as HB 1709, will be the next battleground for U.S. AI ...

Jimmy Carter eulogized by Kamala Harris, Mike Johnson and others: ‘First and foremost a faithful servant of his creator, and his fellow man’

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As a presidential candidate in 1976, Harris noted, he slept in the homes of his supporters to “share a meal ...

Eat your leftover Christmas tree? Belgium’s food agency warns against it

OSTN Staff

“Christmas trees are not destined to enter the food chain,” the agency said in a statement after some suggested that ...

Biden administration asks federal court to block plea deal for accused 9/11 mastermind Khalid Sheikh Mohammed

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It would spare him the risk of the death penalty in one of the deadliest attacks ever on the United ...

Trump won’t rule out using of military force to take over Greenland and the Panama Canal

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Greenland, home to a large U.S. military base, is an autonomous territory of Denmark, a longtime U.S. ally and a ...

The world is not nearly ready to handle the next pandemic, says UN health agency

OSTN Staff

Maria Van Kerkhove, the WHO’s epidemic and pandemic preparedness and prevention director, said it was a matter of when, not ...

Exxon Mobil sues California AG for defamation over claims it deceived the public by falsely promising plastics it produced would be recycled

OSTN Staff

Exxon Mobil has filed a federal defamation lawsuit against California Attorney General Rob Bonta and several environmental groups. Read More

EU will defend borders, says French minister in response to Trump’s Greenland threats

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Jean-Noël Barrot said Europe needs to ‘strengthen ourselves further’

Out-of-control wildfires around Los Angeles force thousands to flee as flames torch homes and threaten senior center

OSTN Staff

One blaze ripped through the city’s Pacific Palisades neighborhood, a hillside area along the coast dotted with celebrity residences and memorialized by ...

Singapore slots itself into the HBM supply chain—key to the AI boom—with a $7 billion Micron investment

OSTN Staff

It’s Singapore’s first facility dealing with HBM, part of the AI chips that’s powering companies like Nvidia and TSMC to ...

They’re all grown up: Here’s why your next manager may be a member of Gen Z

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Gen Z is climbing the corporate ladder despite their maverick reputation. Read More

CFPB sues Experian over ‘sham’ credit report investigations that harm consumers : “What more can I do?”

OSTN Staff

The consumer watchdog alleges the credit reporting giant conducted inadequate error reviews, potentially harming millions of Americans. Read More

Banking for couples: Should you open a joint savings account with your partner?

OSTN Staff

Joint accounts can make money management easier for couples, but they’re not right for everyone. Here’s what you need to ...