Apple, one of the world’s largest tech companies, is facing a significant legal challenge as victims of child sexual abuse have filed a $1.2 billion lawsuit, accusing the company of failing to prevent the spread of illegal material on its iCloud service. The lawsuit, filed in the U.S. District Court in Northern California, argues that...
In a moment that will be etched in financial history, Bitcoin’s value surged past $100,000 for the first time, cementing its status as a dominant force in the global financial landscape. This marks an extraordinary journey for a 16-year-old cryptocurrency that once struggled for legitimacy and recognition.
Bangladesh’s financial system is reeling from revelations of systemic corruption that drained the country of billions of dollars under the leadership of former Prime Minister Sheikh Hasina. Newly appointed central bank governor, Ahsan Mansur, has disclosed shocking details about the scale of financial mismanagement during Hasina’s 15-year rule, which ended with her government’s collapse in...
Belgium has made history with a groundbreaking law that grants sex workers the same rights as workers in other professions. This world-first legislation provides sex workers with official employment contracts, health insurance, pensions, maternity leave, and sick days, recognizing their work as legitimate employment for the first time.
In a bold and surreal twist, Chinese-born cryptocurrency entrepreneur Justin Sun has made headlines by eating the banana from Maurizio Cattelan's infamous artwork Comedian—a banana duct-taped to a wall. Sun purchased the piece for a staggering $6.2 million (£4.9 million) at a Sotheby’s auction in New York last week.
Volkswagen, one of Germany's most iconic automakers, finds itself in the midst of a tense labor dispute as thousands of workers across nine factories walked off the job for several hours on Monday. The strikes, organized by the powerful IG Metall union, signal escalating tensions as the two sides grapple over wages, job security, and...
In a high-stakes legal battle, a Delaware judge has reaffirmed her decision to void Tesla's $50 billion pay package for Elon Musk, despite a second shareholder vote approving the compensation plan. The ruling, issued by Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery, is a major setback for the Tesla CEO and...
For more than eight centuries, the Smithfield Meat Market has been a cornerstone of London’s history—a place where medieval traders once hawked livestock and modern butchers carved premium cuts. But this week, the City of London Corporation made a historic decision: Smithfield Market is set to close. The market, which has operated since at least 1174,...
Volkswagen has announced its withdrawal from Xinjiang, China, citing political and market pressures. The automaker faced criticism over its presence in a region linked to human rights abuses and forced labor. 💡 Key Points: The Urumqi plant has been inactive since 2019. Rising EV adoption and outdated production models made the plant economically unviable. VW’s decision reflects the growing...
