Business

At 71, entrepreneur Tom Pey has introduced an innovative navigation app called Waymap, which assists users with precise directions through complex public spaces such as train platforms, bus stops, and stadiums. Designed to provide step-by-step guidance accurate to within a meter, Waymap even works when there’s no mobile signal. It remains effective underground, indoors, and in locations where standard navigation …

Boeing machinists have decisively rejected a proposed labor contract, extending a strike that has already halted much of the company’s aircraft production in the Seattle area for over five weeks. The contract, which offered a 35% wage increase over four years, was turned down by 64% of union members, according to the International Association of Machinists and Aerospace Workers (IAM), …

On Monday, Disney announced that it plans to name a successor to current CEO Bob Iger by early 2026. The company also appointed former Morgan Stanley CEO James Gorman as its new chairman. Gorman, who stepped down as Morgan Stanley’s CEO in 2023, joined Disney’s board earlier in the year and has been leading the succession planning committee to identify …

For the first time since AT&T was broken up into regional companies four decades ago, the U.S. government is considering dismantling one of the world’s largest monopolies: Google. On Tuesday, the U.S. Department of Justice (DOJ) filed a court document stating it may recommend splitting up Google’s core businesses, potentially separating its search operations from its other products like Android, …

When X unveiled its updated terms of service, set to take effect on November 15, users quickly noticed a significant change. The new terms state that by posting or sharing content on the platform, users grant X a worldwide, non-exclusive, royalty-free license to use their content, including for purposes such as training machine learning and artificial intelligence (AI) models. This …

TikTok’s screen-time limit tool for teenagers is reportedly ineffective in reducing app usage, according to the company’s own internal analysis, as revealed by unredacted documents accidentally disclosed in a major lawsuit. These documents, obtained by Kentucky Public Radio (KPR) and shared with NPR, show that TikTok executives were aware of the tool’s ineffectiveness in managing the time teens spend on …

Apple had high hopes that new artificial intelligence enhancements would boost the popularity of the iPhone 16. However, early pre-sale figures suggest a less enthusiastic consumer response than anticipated. The tech giant has been relying on the iPhone 16 to rejuvenate its sales following a period of lackluster performance. The era when Apple enthusiasts would eagerly upgrade their phones nearly …

On Wednesday, a Brazilian association of internet providers claimed that Elon Musk’s social media platform, X, circumvented a court-ordered ban in Brazil through an automatic software update, as reported by Bloomberg. The platform, which had been blocked by a Brazilian Supreme Court ruling, unexpectedly became accessible for many users across the country overnight. This led to widespread speculation on Wednesday …