Australia: Meta begins removing under-16s from social media ahead of historic ban
In a move aligned with Australia’s unprecedented social-media regulation, tech giant Meta has commenced the removal of accounts belonging to users under the age...
Prada completes acquisition of Versace in nearly $1.4 billion deal
In a landmark transaction in the luxury fashion world, Prada Group has officially acquired Versace — one of Milan’s most iconic fashion houses —...
Tech giants double down on AI spending despite question over returns
Global technology powerhouses are pouring unprecedented sums into artificial intelligence, betting big on the sector’s explosive growth even as analysts question how quickly these...
Australia: Social-media giants oppose ban on under-16s but pledge compliance
Major social-media companies have voiced strong concerns over Australia’s incoming ban on users under the age of 16, even as they prepare to comply...
Once loved, Pizza Hut now faces trouble in the UK
Once the go-to restaurant for family gatherings, birthday parties, and Sunday lunches, Pizza Hut is now struggling to keep its ovens warm in the...
Denmark to scrap 25% book tax amid reading crisis
The Danish government has announced a landmark decision to abolish the country’s 25% sales tax on books in a bid to address what officials...
5 people charged in connection with Matthew Perry death
Federal prosecutors confirmed Monday that the final of five individuals charged in the death of actor Matthew Perry has agreed to a plea deal,...
Starbucks Korea tells customers to leave desktop setups at home
In a bid to preserve the welcoming and shared ambience of its cafés, Starbucks South Korea has introduced a new policy requesting patrons refrain...
The rise of Luckin Coffee signals a shift in global coffee dominance
China’s homegrown Luckin Coffee is rapidly upending the global coffee market, eclipsing Starbucks in its domestic stronghold and now challenging the U.S. giant on...
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