Business - LEVEL5
Ferrari Shares Drop Following Launch of First Full EV
Shares of luxury car manufacturer Ferrari tumbled sharply on Tuesday morning, just after the company launched its first fully electric vehicle, the Luce. The...
Business - LEVEL5
Review of Trump’s Golden T1 Mobile Phone
The Trump Mobile T1, widely known as the Trump phone, has finally launched nearly a year after its announcement, although its design has changed...
Business - LEVEL5
Spotify and UMG Agree AI Covers and Remixes Deal
Spotify has signed a licensing agreement with Universal Music Group (UMG) to use generative artificial intelligence (AI) for music. This deal allows Spotify to...
Business - LEVEL5
Meta Reassigns 7,000 Employees to AI Roles
Meta has announced plans to lay off 8,000 employees this week, while simultaneously reallocating another 7,000 workers to new roles focused on artificial intelligence...
Business - LEVEL5
Trump Phone to Begin Shipping This Week After Delay
The long-awaited Trump Mobile T1 phone is set to start shipping this week to customers who preordered the device. This announcement comes nearly a...
Business - LEVEL5
Musk’s Lawyer Issues Apology for Absence at Closing Remarks
OAKLAND, California – A lawyer for billionaire Elon Musk apologised to jurors on Thursday for Musk's absence from court, as closing statements began in...
Business - LEVEL5
Iran Conflict May Offer Unexpected Benefits for Global Economy
The ongoing war in Iran has significant implications for the global economy, especially concerning energy supply chains. Despite the immediate human suffering and economic...
Business - LEVEL5
Jerome Powell Disrupts 75-Year Precedent Amid Market Concerns
Jerome Powell's term as chair of the Federal Reserve's Board of Governors concludes on May 15, but he intends to remain on the board...
