Chinese crackdown on offshore firms gets the Caymans into trouble

In a move designed to prevent Chinese companies from expanding at “reckless speeds” abroad, Beijing is curbing the ability of Chinese tech firms – particularly those using a Variable Interest Entities (VIE)... Read more »

Toyota announces $35 billion investment for electric vehicles 

At the international climate talks in Glasgow last month, six major automakers and 30 national governments pledged to start phasing out gas-powered vehicles by the year 2040, with the end goal of... Read more »

Google employees that refuse the COVID-19 vaccine could lose their jobs 

An internal Google memo released in a report by CNBC shows that employees that don’t comply with the company’s latest vaccination policies could end up being fired.  Google has reportedly told its... Read more »

Capital One announces that it will stop charging overdraft fees 

With consumer debt rising, many banking and credit customers are looking for ways to cut down their expenditure on loan repayments, fees, and interest.  Now, Capital One has become the first big... Read more »

Court orders Amazon to pay $500,000 settlement over health and safety breaches 

Amazon came under fire earlier this year for not providing its employees with enough protection against the rising number of coronavirus cases.  Now, the state of California has ordered the tech giant... Read more »

Data of 5 million Robinhood users exposed in major data hack 

The popular trading app Robinhood has reported that it has suffered a data breach, compromising the names and email addresses of 5 million of its users.  The platform, which has millions of... Read more »

Physical stores could be on the horizon for Meta following its rebrand 

Just weeks after Facebook’s rebrand to Meta, the company is reportedly now interested in building physical stores in the coming years.  According to founder and CEO Mark Zuckerberg, the rebrand is designed... Read more »

Roblox comes back online after being down for three days 

After a three-day outage, the online gaming platform Roblox is now back online, with the company promising to compensate game developers for any income they have lost.  Roblox is an online platform... Read more »

Was the switch to E10 eco-petrol to blame for the UK’s fuel crisis? 

Now that the UK’s fuel crisis is nearly at an end, consumers and retailers are beginning to ask what caused the shortages in the first place.  So far, a number of issues... Read more »

Vuse becomes the first e-cigarette to get FDA approval 

In the US, all medical products are regulated by the FDA, including e-cigarettes. Now, the agency has approved an e-cigarette for the first time in its history.  Three products under the Vuse... Read more »