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A BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai)Vcg | Visual China Group | Getty ImagesLIVONIA, Mich. – A small electric vehicle is having a big impact on the global automotive industry.It's not the EV itself that's making waves but its price — and its potential to disrupt domestic auto industries around the world.The China-built BYD Seagull, a small all-electric hatchback, starts at just 69,800…

TL;DR: Learn how consumer-facing AI tools can help your business in The 2024 Complete ChatGPT & Gemini AI Advanced E-Degree, now just $29.99. According to a recent study, 35% of companies worldwide are already using AI, while 50% plan to use it in some capacity in 2024. Companies use AI to automate tedious tasks, create content, get inspiration for marketing campaigns, manage customer relationships and much more. You don’t have to incorporate AI into your business, but it can help in more ways than you may…

In a concerted attempt at self-regulation, a grouping of the country’s peer-to-peer (P2P) lending platforms has asked its members — including Liquiloans, Lendbox and Faircent — to stop offering instant withdrawal products to customers after March 31, people aware of the move said.Following the industry-level decision, Matrix Partners-backed Liquiloans has written to its business partners informing them it would pause the liquid scheme option for all new lenders.Elevate Your Tech Prowess with High-Value Skill…

The US Department of Justice, along with more than a dozen state attorneys general, has filed a lawsuit against Apple that takes direct aim at the iPhone and the company’s lucrative iOS ecosystem.Claiming that Apple had established an “iPhone monopoly,” the suit argues that the company’s allegedly anticompetitive behavior resounds well beyond smartphones themselves. It cites financial services, fitness, gaming, media, and more as industries affected by Apple’s “walled garden” approach.“This case is about freeing…

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Electrical engineer Gilbert Herrera was appointed research director of the US National Security Agency in late 2021, just as an AI revolution was brewing inside the US tech industry.The NSA, sometimes jokingly said to stand for No Such Agency, has long hired top math and computer science talent. Its technical leaders have been early and avid users of advanced computing and AI. And yet when Herrera spoke with me by phone about the implications of the latest AI boom from NSA headquarters in Fort Meade, Maryland, it seemed…

The parent company of Donald Trump’s social media company, Truth Social, could soon become a multi-billion dollar public company, depending on a vote scheduled for Friday. Trump could stand to gain over $3 billion if the proposed merger goes through, which could be his ticket out of some hefty legal bills.The shareholders of Digital World Acquisition (DWAC), a special-purpose acquisition company formed to facilitate a private company going public, will vote on Friday on whether to approve the merger with Trump Media and…

A big concern ahead of the public listing was that Reddit, the platform that gave birth to the memestocks of 2021, could also suffer the wild price swings caused by large numbers of investors coordinating their strategy over social media, including Reddit itself, on forums such as r/wallstreetbets.Reddit’s IPO is a test of investor appetite for tech IPOs, which have been a rarity in recent years. Low interest rates had made raising and borrowing cash on private markets easy, and economic effects from the war in Ukraine…

Four years of waiting. Four years of questions. Denver’s Vine Street Pub & Brewery, which closed because of the pandemic on March 17, 2020, along with every other restaurant, bar and brewery in Colorado, said Thursday that it had made plans to finally reopen this spring. Vine Street Pub & Brewery is opening on May 15th,” the business wrote on its Facebook page. “We are currently hiring for all positions.” Three other pubs that are part of the Boulder-based Mountain Sun group were able to open in 2021, while a…

A man in Denmark was sentenced to 18 months in prison today for using fake accounts to trick music streaming services into paying him 2 million Danish kroner ($290,000) in royalties. The unusual case reveals a weak spot in the business model behind the world’s biggest music platforms.The 53-year-old consultant, who had pleaded not guilty, was convicted of data fraud and copyright infringement after using bots to listen to his own music through fake profiles on both Spotify and Apple Music, collecting royalties in the…