Business and Economy

Business and Economy Latest News

Elon Musk suing OpenAI, Altman again
Elon Musk suing OpenAI, Altman again
by  AFP

Elon Musk revived a lawsuit on Monday against OpenAI, accusing its co-founders Sam Altman and Greg Brockman of betraying the artificial intelligence company's founding mission. Since leaving OpenAI, Musk has joined the chorus of critics warning that artificial intelligence could spell the end for humanity.

Turkish president slams social media 'fascism' amid Instagram battle
Turkish president slams social media 'fascism' amid Instagram battle
by  AFP

Turkish President Recep Tayyip Erdogan accused social media networks of "fascism" and censorship on Monday as his government blocked Instagram for a fourth day. Turkish authorities have temporarily blocked access to social media sites, including Facebook, X and Wikipedia in the past.

German chip maker Infineon to cut 1,400 jobs
German chip maker Infineon to cut 1,400 jobs
by  AFP

German chip maker Infineon said Monday it will slash 1,400 jobs and relocate 1,400 more due to a tough market environment, as it announced falling profits and downgraded its outlook. The news comes after US chip giant Intel announced last week it will slash more than 15 percent of its workforce as it seeks to cut about $20 billion in expenses this year.

Energy

Money

Industry

Technology

Economy