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Business

Tesla earnings a 'moment of truth' for Musk after stumbles

Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps—and not indications of a road to decline.

Business

EU threatens to suspend TikTok Lite app's 'addictive' rewards

The EU on Monday launched a probe into TikTok's spinoff Lite app and threatened to suspend an "addictive" feature on it that rewards users for watching and liking videos, amid child-safety concerns.

Business

Most executives already using generative AI tools, survey shows

Despite popular concern about generative AI making jobs redundant, a new survey by INSEAD shows employees and business leaders alike are enthusiastic about the transformative technology. In fact, two out of three respondents ...

Business

How AI can enhance flexibility, efficiency for customer service centers

Whenever you call a customer service contact center, the team on the other end of the line typically has three goals: to reduce their response time, solve your problem and do it within the shortest service time possible.

Business

Malaysia to build massive chip design park: PM

Malaysia's leader on Monday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation's role in the global chip industry.

Business

Splashy Saudi mega-project NEOM chases Chinese funds

Bigwigs behind a Saudi megacity dogged by questions about its viability have wrapped up a tour courting Chinese investors, detailing plans for a futuristic ski resort and 170-kilometer-long skyscrapers.

Business

Bill to ban TikTok in US moves ahead in Congress

The US House of Representatives approved a bill Saturday that would force the wildly popular social media app TikTok to divest from its Chinese parent company ByteDance or be shut out of the American market.