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Google and 40 states reach a $392 million settlement on location tracking practises

According to a group of attorneys general, Google has reached a historic $391.5 million settlement with 40 states for allegedly deceiving customers about its location monitoring methods. It was the largest multi-state privacy settlement in US history, according to the attorneys general. Attorneys general from New York, Kentucky, and Oregon joined a group that asserted…

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Amazon will launch a 172,000 square foot Project Kuiper internet satellite factory

Amazon said on Thursday that a new facility will be built in a Seattle neighbourhood to produce satellites for Project Kuiper. Project Kuiper, which Amazon unveiled in 2019, aims to create a network of 3,236 satellites in low Earth orbit to deliver high-speed broadband internet. When the Federal Communications Commission approved the satellite internet system…

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Mercedes-Benz is the first automaker to receive Apple’s Spatial Audio technology

The newest example of Apple’s foray into the automotive industry is the company’s partnership with Mercedes-Benz and Universal Music Group to deliver its immersive surround-sound audio product to cars. Starting with the Mercedes-Maybach S-Class and Mercedes-Benz S-Class as well as its expanding lineup of electric vehicles, the EQE sedan, EQE SUV, EQS sedan, and EQS…

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The largest academic endowment in the world faced its first financial loss since 2016

The endowment of Harvard University suffered a $2.3 billion loss in fiscal 2022, which the university attributes to both the worldwide market downturn and its dedication to climate goals. According to the University’s Annual Financial Report, which was released on Thursday, this is the fund’s first negative return since 2016. The endowment is administered by…

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Ohio will be the site of Honda’s planned $4.4 billion EV battery factory

Honda Motor and LG Energy Solution on Tuesday announced the building of a new multibillion-dollar batteries manufacturing facility in Ohio. The mass production of lithium-ion batteries is anticipated to start in early 2023 at the new facility, which will be built roughly 40 miles southwest of Columbus. The unnamed joint venture is scheduled to invest a…

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According to reports, TikTok plans to launch fulfilment centres to compete with Amazon

Amazon is without a doubt the ruler of the e-commerce world, but TikTok, a social media firm, could give the online giant some competition. According to a dozen new job postings from the company on LinkedIn, TikTok is preparing to open a number of fulfilment warehouses throughout the United States, according to a story from…

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McDonald’s has declared the return of its Halloween pails, just in time for trick-or-treating

What could be spookier than some Halloween-related nostalgia? The fast food restaurant business McDonald’s has announced the return of its classic Halloween Pails, a long-running tradition that was introduced in 1986. According to a press release issued by McDonald’s on Thursday, the adorable buckets will be available once more starting on October 18. White McBoo,…

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Walmart is hiring 40,000 employees throughout the holiday season

As the holiday season approaches, Walmart revealed on Wednesday that it will be employing 40,000 seasonal and full-time employees. In addition to 1,500 full-time truck drivers, the corporation is reportedly employing seasonal retail staffers, customer support representatives, and other positions. This year, Walmart has been expanding its fleet of private trucks, raising the maximum first-year…

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Jeff Bezos was just replaced as the second-richest person in the world by an Indian tycoon

The second-richest person in the world, Jeff Bezos, has just dropped to third place as Indian business tycoon Gautam Adani rapidly advances up Bloomberg’s Billionaire Index. With $260 billion in his bank account, Elon Musk, who is still the richest person in the world, may need to be careful. After beginning the year in position…

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Burger King will spend $400 million over two years on modernization

Over the next two years, Burger King plans to spend more than $400 million on advertising, restaurant renovations, and support for technological and digital improvements. The chain’s owner, Restaurant Brands International, provided information on its “Reclaim the Flame” plan, which aims to boost franchisee profitability and accelerate sales growth, in a press release on Friday.…

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