The Trump administration has launched audits of immigration cases involving U.S. citizens of Somali origin to identify potential fraud that could lead to denaturalization, officials said on Tuesday. Homeland Security Assistant Secretary Tricia McLaughlin stated that U.S. law allows revocation of citizenship if it was obtained fraudulently, noting that such cases are rare and typically take years to resolve. According to the Immigrant Legal Resource Center, an average of about 11 denaturalization cases were pursued annually between 1990...
The European Union has charged TikTok with breaching its online content regulations over concerns that its recommendation algorithm creates a harmful “rabbit hole” effect, continuously exposing users to similar videos. The European Commission said...
Alphabet has acquired a stake worth nearly $548 million in longtime technology partner Qualcomm during the third quarter, strengthening the chipmaker’s efforts to expand its presence in the data centre and artificial intelligence markets....
Investors in Trump Media & Technology Group have collectively lost more than $2.2 billion as the company’s shares continue to decline, according to a Reuters estimate. The steep losses have hit individual investors who...
Tesla will wind down Cybertruck production at its Texas Gigafactory around mid-2027, CEO Elon Musk announced on Friday, marking a significant shift in the electric vehicle maker’s strategy following years of disappointing sales. The...
Ralph Lauren raised its full-year revenue and operating margin forecasts on Thursday, supported by strong demand in North America and Asia. However, its shares fell around 3% in early trading after the company projected...
Wall Street opened mixed on Thursday, with the Nasdaq Composite declining as losses in chipmakers and data centre-related stocks weighed on technology shares. The broader market remained relatively subdued following the previous session’s rally,...
Content management company Box has expanded its partnership with Nvidia, introducing new artificial intelligence tools designed to improve enterprise search capabilities and automate business workflows. The announcement includes a new search engine that helps...
Kraft Heinz announced on Wednesday that it would divest its North American coffee business in a deal valued at $650 million, as CEO Steve Cahillane sharpens the company’s focus on its core packaged food...
Uber has forecast fourth-quarter adjusted earnings below Wall Street expectations, as driver shortages, rising fuel prices and the ongoing Middle East conflict weigh on its ride-hailing business across markets including India, Brazil and Canada....
McDonald’s reported a bigger-than-expected decline in US comparable sales for the third quarter as financially strained consumers reduced spending on dining out, marking the burger chain’s first sales drop in six quarters. Comparable sales...