Business
Six months after severing relations with Kanye West, Adidas is still unsure what to do with its $1.3 billion mound of unsold Yeezy goods. It's been six months since Adidas broke relations with Kanye West, and the company is still unsure what to do with the avalanche of unsold Yeezy merchandise that followed. Adidas Bjrn Gulden stated in a sta...
China has massively subsidised EVs for 13 years and transformed the entire industry. It holds global dominance over the supply chain. What will be Europe's attitude towards Chinese cars? In 2022, 10.5 million battery cars (including hybrids) will be sold globally, including 6.2 million in China, where one in four cars sold is battery-powered....
Warner Bros. Discovery has officially announced a new name for its flagship streamer Max, doing away with part of the HBO name. The company announced the name change at a Wednesday press event, where it also revealed a list of upcoming projects. The retooled Max will launch first in the U.S. on May 23 and will feature an average of more than ...
Elon Musk has shut down the team that was controlling content and blocking troll activity. Now accounts from Russia and China have been given the green light. The team worked to combat "information operations," coordinated campaigns by countries like Russia, China and Iran to influence public opinion and disrupt democracy. But experts and for...
A Ukrainian startup that has created an invisible submarine is the equivalent of a fighter jet for hit-and-run missions against the Russian navy. In the Arabian desert - in Dubai - is the submarine of the future. Suspended from a heavy industrial crane in an industrial warehouse, the black silhouette of the machine looks menacing. It's called th...
Scottish BMX rider Kriss Kyle performs stunts in a skatepark more than 2,000 feet above the ground. Kriss Kyle has been a professional BMX rider since he was 16 years old, and it's now 15 years since he turned pro. One of his main sponsors is Reb Bull. Kriss Kyle is a Scottish BMX rider who is known for his innovative and technical riding ...
Tesla Inc. will build a new battery factory in Shanghai, boosting investment in China at a time of rising tensions between Beijing and Washington. Tesla will produce large-capacity Megapack batteries at the new plant, which will complement its electric vehicle factory in Shanghai. The start of the project was announced this week at a contract...
YouTuber MrBeast has revealed that he has finally made a loss on his biggest video to date, despite hitting record numbers. The online star, whose real name is Jimmy Donaldson, rose to fame with a 2021 video in which he portrayed the quests from the popular Netflix series Squid Game. At the time, Donaldson claimed to give away more than $1.5 ...
Coinbase CEO Brian Armstrong said the cryptocurrency exchange will integrate the Bitcoin Lightning network into its platform, according to an April 8 tweet. Armstrong made the statement in response to a tweet by Wicked, who called him out for not publicly commenting on the Lightning network earlier. Armstrong did not provide further informati...
