Uber Is Looking Into A Computer System Hack

The computer network of Uber has been hacked. The ride-hailing company stated that it was conducting an investigation after several internal communications and engineering systems were compromised. The breach was first reported by the New York Times after the hacker sent the newspaper images of email, cloud storage, and code repositories. According to the report,…

Ray-Ban Owner Expands Partnership With Armani In New Era

EssilorLuxottica extended its partnership with Armani on Wednesday, marking the company’s first capital markets day since the death of chairman and main shareholder Leonardo Del Vecchio in June. The owner of the Oakley and Ray-Ban sunglass brands extended its 15-year licensing agreement with Giorgio Armani’s luxury group. Del Vecchio and the renowned fashion designer first…

Patagonia’s Founder Donated The While Company, Valued At $3 Billion, To Combat Climate Change

Patagonia founder Yvon Chouinard, his wife, and their two adult children are giving up their ownership in the clothing company he founded 50 years ago, donating all profits to projects and organizations that will protect wild land and biodiversity and fight the climate crisis. According to the New York Times, the company is worth around…

US Banking Giant Goldman Sachs To Layoff Off Hundreds

According to reports, Goldman Sachs will lay off hundreds of employees. According to sources, the layoffs at the financial investment firm could begin as soon as next week and affect employees across the board. Goldman Sachs declined to comment, but did mention lower profits in its July earnings report. “We have made the decision to…

VinFast Of Vietnam Delivers The Country’s First Electric SUVs And Plans To Ship Them To The United States

VinFast, a Vietnamese automaker, started giving away its first 100 all-electric sport utility vehicles (SUVs) to local customers on Saturday. U.S. deliveries of the vehicle are expected to start as early as December. VinFast, which launched operations in 2019, is preparing to grow in the U.S. market. With its two all-electric SUVs, the VF8 and…

TikTok Challenge Causes An Increase In Car Thefts Of Kia And Hyundai Vehicles

Car owners and police departments across the United States are on high alert after a dangerous challenge involving young teens to steal specific cars off the street using a USB cord began to circulate on TikTok and other social media platforms. Certain makes and models of Kia and Hyundai cars from 2010 to 2021 that use…

Netflix Is Threatened By Saudi Arabia And Its Neighbors In The Gulf Over Content Violating “Islamic Values”

According to Saudi media, Netflix was ordered to remove content that they claim “violates Islamic and societal values and principles” by Saudi Arabia and five other Gulf Arab nations. The statement claimed that the streaming behemoth’s content violated legal requirements, but it made no mention of which specific subjects or programs were in violation. But…

Chinese Firm Nio Claims US Limitations On Nvidia Chips Won’t Harm Them

Nio, a Chinese manufacturer of electric vehicles, joined other automakers in claiming that U.S. restrictions on Nvidia chip sales to China won’t have an impact on the automaker’s operations. In an effort to lower the possibility that these products would be used by the Chinese military, Nvidia revealed last week that the United States would…

Bitcoin Falls Below $1 Trillion Once More, Reaching Its Lowest Level Since June

Following a decline in stock markets around the world and the continued strength of the US dollar, Bitcoin traded below $19,000 on Wednesday morning, reaching its lowest level since June. Due to a sell-off in all digital coins, the market value for all cryptocurrencies also decreased below $1 trillion. According to Coin Metrics, Bitcoin was…