ByteDance Says Committed to VR Business Pico After Report of It Shutting Brand

[ad_1] HONG KONG (Reuters) – TikTok owner ByteDance said on Tuesday it is not shutting its virtual reality (VR) business Pico and remains committed to the industry for the long…

Tesla Says Justice Department Is Expanding Investigations and Issuing Subpoenas for Information

[ad_1] DETROIT (AP) — Federal prosecutors have expanded investigations into Tesla beyond the electric vehicle maker’s partially automated driving systems, and they have issued subpoenas for information instead of simply…

CEO of a Prominent Tech Conference Resigns Amid Backlash for Public Statements Over Israel-Hamas War

[ad_1] NEW YORK (AP) — Paddy Cosgrave, the chief executive officer of a prominent European tech conference called Web Summit, resigned from his role on Saturday amid backlash for his…

Germany Threatens to Hold up EU’s Combustion-Engine Car Ban

[ad_1] BERLIN (AP) — Germany’s transport minister said Tuesday that his country won’t back a planned European Union ban on the sale of new cars with combustion engines from 2035,…

Philips CEO: China Business, Supply Chain Undergoing Major Changes

[ad_1] AMSTERDAM (Reuters) – Making more products for China locally and buying chips from several suppliers are just two of the supply chain changes Dutch healthcare technology firm Philips is…

iTWire – What fuels franchising success in the digital age?

[ad_1] We sat down to unpack franchising’s evolving landscape and offer key insights into what’s on the horizon. From adapting to changing recruitment strategies to embracing technological platforms and having…

Goodbye to More DVDs? Best Buy Plans to Phase Out Sales of Physical Movies in the Coming Months

[ad_1] NEW YORK (AP) — Best Buy is saying goodbye to movie-watching with physical discs. The consumer electronics retailer plans to phase out its DVD and Blu-ray sales by early…

Q&A: SAG-AFTRA President Fran Drescher Reacts to Hollywood Studios Breaking off Negotiations

[ad_1] LOS ANGELES (AP) — Fran Drescher has steered the actors guild through its monthslong strike. On the heels of Hollywood studios abruptly breaking off talks with the Screen Actors…

TCS rethinks 25/25 strategy as it ends WFH, one of largest headcount drops

[ad_1] Tata Consultancy Services (TCS) is reconsidering its popular 25/25 work model strategy as it calls employees back to office five days a week. The company’s management said that 70…

Schools’ Pandemic Spending Boosted Tech Companies. Did It Help US Students?

[ad_1] WASHINGTON (AP) — As soon as the federal pandemic relief started arriving at America’s schools, so did the relentless calls. Tech companies by the dozens wanted a chance to…