The Irish data authority DPC has fined Meta Platforms, Facebook’s parent company, €265 million. The company was fined because a dataset full of Facebook personal data was made available online….
The Swiss coffee producer Nespresso, part of the Nestlé food group, will market its own biodegradable coffee capsules for its home coffee machines next year. The company wants to…
Twitter has broken its record number of users again, reports new owner Elon Musk without giving numbers to substantiate his claim. According to the billionaire, who took over the social…
The Chinese e-commerce giant Alibaba suffered an unexpected loss of 2.7 billion euros in the third quarter, from July to the end of September. The company was affected by the…
The American supermarket group Walmart expects that profit will fall less sharply this year than it previously assumed. This is because, despite the increased prices, consumers are not skimping on…
The German government has blocked the sale of two companies to Chinese investors, Economic Affairs Minister Robert Habeck announced. Therefore, chip manufacturer Elmos from Dortmund does not fall into the…
The Chinese authorities have imposed a lockdown in the area around the largest iPhone factory in the world. This has to do with an outbreak of corona cases. It…
The US economy grew again in the third quarter after two-quarters of contractions. As a result, the world’s largest economy’s gross domestic product (GDP) rose 2.6 percent last quarter compared…
Mercedes-Benz is withdrawing from Russia and selling its shares in its industrial and financial services subsidiaries to a local investor. Harald Wilhelm, the chief financial officer of the German car…
The European Commission proposes, among other things, a flexible peak limit for the gas price to reduce sky-high energy bills. In addition, EU countries must purchase 15 percent of their…