
Zara Owner Inditex’s Sales Growth Eases After Strong Run
Inditex SA reported a slight slowdown in revenue growth at the start of this quarter, taking the luster
1970-01-01 08:00

Deutsche Bank Tests Out AI to Detect Rogue Traders’ Phonecalls
Deutsche Bank AG is testing out artificial intelligence tools that aim to detect possible signs of misconduct from
1970-01-01 08:00

UK’s Apple Users Get a £100 Price Cut on New iPhone 15 Pro Model
Apple Inc.’s new iPhone 15 Pro will go on sale in the UK for about £100 ($125) cheaper
1970-01-01 08:00

Aviva Trims Portfolio With SingLife Exit: The London Rush
Aviva is selling its stake in Singapore Life Holdings as the insurer continues to trim its portfolio around
1970-01-01 08:00

BMW Backtracks From Charging Subscriptions for Heated Seats
BMW AG has abandoned charging customers subscription fees for heated seats in an early indication there will be
1970-01-01 08:00

Twitter rival Bluesky hits new milestone
Bluesky has hit a new milestone as it has passed over one million registered users. The social media platform, created by Twitter co-founder Jack Dorsey, has surged in popularity as an alternative to X after users sought to leave the Elon Musk-owned app. Under Mr Musk, Twitter has been rebranded as X. Bluesky hit the milestone on Tuesday, with Rose Wang, who works on strategy and operations at the platform, sharing a screenshot of the moment it gained over a million users. Bluesky still seems to be in its early stages, taking a careful approach and growing slowly as it caters to its cohort of initial adopters. Choosing this cautious approach, access to the app is extended via a waitlist and through invitations from existing users. The app was first announced by Mr Dorsey when he was still in charge of Twitter, tasking developers to build a “decentralised standard” for social media. “The biggest and long-term goal is to build a durable and open protocol for public conversation. That it not be owned by any one organisation but contributed by as many as possible. And that it is born and evolved on the internet with the same principles,” Mr Dorsey wrote on the app in 2020. Bluesky has seen upticks in requests for signups following Mr Musk’s takeover of X, as the Tesla titan brought about sweeping changes to his platform, including initiating mass layoffs, the removal of blue checkmarks for non-paying users and modifications to content rules. At one point in July, Bluesky had to halt sign-ups due to a huge surge in demand, following Mr Musk imposing limits on the number of tweets people could read on X – a move that was later reversed. Bluesky’s approach to carefully onboard users is also in contrast to Meta’s Threads platform, which has emerged as another one of Twitter’s competitors in recent times. Meta’s decision to cross-promote Threads to existing Instagram users led to the app racking up close to 30 million signups in less than 24 hours, and over 100 million users within the first five days. But even with the recent roll-out of a web app – a much-anticipated feature – Threads’ traffic appears to be on a worrying dip, with its number of daily active users much lower than during its heyday just after it launched. Read More Elon Musk’s Twitter slows down access to rival websites $44 billion and eight months later. It’s finally all over for Elon Musk Musk, Zuckerberg and the bitter battle for the future of social media Volcano discovery could power electric cars for decades, scientists say New invention will lead to ‘battery revolution’, scientists say Putin praises Musk days after report Tesla boss stopped Ukrainian attack
1970-01-01 08:00

Crypto Exchange Bullish Plans to Apply for License in Hong Kong
Digital-asset exchange Bullish plans to apply for a license in Hong Kong as part of efforts to pursue
1970-01-01 08:00

‘Final Fantasy’ Maker’s 30% Plunge May Be Just the Beginning
Square Enix Holdings Co. has shed nearly $2 billion of its value since Final Fantasy XVI, the latest
1970-01-01 08:00

Byju’s Hid $533 Million in Hedge Fund Once Run From Miami IHOP, Lenders Allege
One of India’s hottest tech companies, Byju’s, allegedly hid $533 million in an obscure three-year-old hedge fund that
1970-01-01 08:00

Apple’s iPhone Price Bump Is Part of Subtle Revenue-Boosting Strategy
Apple Inc. enacted its long-awaited iPhone price increase with as much subtlety as possible, part of an effort
1970-01-01 08:00

Crypto Firm Ripple Says Over 80% of Hiring This Year Outside US
Ripple Labs Inc. said more than 80% of its hiring this year will be outside the US, where
1970-01-01 08:00

MGM Resorts’ Hack Fallout Includes Paper Vouchers, Cash Bar
Scanning the largely empty casino floor at the MGM Grand in Las Vegas on Tuesday, Marina Lopez said
1970-01-01 08:00