Business- Page 6

In a move that surprised both the tech world and Hollywood, OpenAI has officially announced the shutdown of its high-profile video-generation app, Sora. The decision comes just months after the standalone app’s

Meta has been ordered to pay $375 million in civil penalties after a New Mexico jury found that the company misled users about the safety of its platforms and violated the state’s

Tech billionaire Elon Musk has announced an ambitious new project dubbed “Terafab,” a massive semiconductor facility he says could become the largest chip manufacturing complex in the world. The proposed project comes

The global economy is edging toward a new energy storm, one that analysts say could surpass the severity of the crises that shook the world in the 1970s. As tensions surrounding Iran

Oil prices reached a new high this morning following the escalation of the conflict with Iran. A barrel of Brent crude briefly climbed to $118.74 around 9:30 a.m., marking its highest level

Global stock markets came under heavy pressure, with major U.S. indices dropping to their lowest levels since the escalation of geopolitical tensions in the Middle East. Investors remain cautious, reacting to fresh

As the conflict between Iran and Israel intensifies, several Gulf nations are finding themselves in a difficult strategic position, facing pressure from the United States to become more involved while trying to

The United States has launched a new trade investigation targeting several of the world’s largest economies, including China, the European Union, Mexico, India, Japan and South Korea, raising the possibility of new

Meta Platforms, the parent company of Facebook, Instagram and Threads, has officially acquired Meta Platforms’ newest tech buzz – Moltbook, an experimental social network designed exclusively for autonomous artificial intelligence (AI) agents.

The number of billionaires worldwide has surged to a record 3,428, up from 3,028 last year. The total combined wealth of those on the list is estimated at $20.1 trillion, an increase

The price of Brent crude oil has surpassed $118 per barrel for the first time in nearly four years, according to trading data. The last time it traded at this level was

The US dollar has seen a significant surge in global financial markets this week, as rising tensions in the Middle East have driven investors toward safer currencies. At the same time, expectations