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13876 articles published since 08 Mar 2022

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Streaming giant Spotify adds music videos to output
Streaming giant Spotify adds music videos to output
Technology

Music streaming giant Spotify on Wednesday announced it would be posting music videos on its platform in "select markets", entering an arena long dominated by YouTube. Google's streaming behemoth YouTube has long dominated music videos online, with much of the platform's most-viewed content being music videos.

Volkswagen 2023 profits rise, but warns on slow sales growth
Volkswagen 2023 profits rise, but warns on slow sales growth
Economy

German auto giant Volkswagen on Wednesday reported a forecast-beating rise in profits for 2023 as vehicle deliveries rebounded but warned of slower sales growth this year, sending its shares down. Sales growth is similarly expected to come in at five percent, well down on 2023.

Adidas reports 2023 loss on Kanye fallout
Adidas reports 2023 loss on Kanye fallout
Economy

Adidas on Wednesday reported a loss in 2023 due to the fallout from the end of its tie-up with Kanye West, but the company insisted it was starting to turn its fortunes around. But CEO Bjorn Gulden, who was brought in to lead the company from rival outfitter Puma shortly after the West tie-up fell apart, struck an upbeat tone.

EU parliament adopts 'historic' rules on AI
EU parliament adopts 'historic' rules on AI
Economy

The European Parliament gave final approval on Wednesday to wide-ranging EU rules to govern artificial intelligence, including powerful systems like OpenAI's ChatGPT. Senior European Union officials say the rules, first proposed in 2021, will protect citizens from the possible risks of a technology developing at breakneck speed, while also fostering innovation on the continent.

Musk visits Tesla's sabotage-hit German factory
Musk visits Tesla's sabotage-hit German factory
Economy

Elon Musk travelled Wednesday to Tesla's factory near Berlin to lend his workers "support" after the plant was forced to halt production by a suspected arson attack on nearby power lines. With his son X AE A-XII in his arms, Musk said: "I am here to support you."

What is ByteDance, the TikTok parent in US crosshairs?
What is ByteDance, the TikTok parent in US crosshairs?
Technology

From its birth in a Beijing apartment 12 years ago, ByteDance grew into one of the world's biggest tech firms -- best known in most countries as the creator of TikTok. When asked during a US congressional hearing in March last year if a Chinese official was on the Beijing ByteDance Technology board, TikTok CEO Shou Zi Chew said "I believe so".

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