Kia reports $8.85 billion operating profit for 2024
The fourth-quarter operating profit rises by 10.2% compared to the same period last year
President Trump signs order to boost U.S. AI leadership
The order sets a 180-day deadline for an AI Action Plan to strengthen U.S. dominance in AI for economic, security, and social benefits
Oil prices set for weekly decline amid Trump’s energy policy shifts
Despite Friday’s gains, Brent recorded a nearly 3% loss over the week, while WTI declined by close to 4%
OpenAI introduces ‘Operator’ AI agent for automating web tasks
The tool enables interactions with on-screen buttons, menus, and text fields, allowing it to complete tasks like creating to-do lists and assisting with vacation planning
LinkedIn faces lawsuit from Premium customers over AI training data misuse
The lawsuit claims LinkedIn added a privacy setting last August but didn't inform users their data could be used for AI training
Trump to remotely address business, political leaders at Davos forum
According to the meeting schedule, Trump is set to speak and engage in a dialogue at 1600 GMT, though the topics of his address remain unclear
Tesla to raise prices of all vehicles in Canada starting Feb. 1
The price of the Model 3 will rise by as much as C$9,000, while the Model Y, Model X, and Model S variants will see increases of up to C$4,000
EU open to discussing U.S. energy and arms purchases to avoid tariffs
Trump indicates his intent to address the ongoing U.S.-EU trade deficit, which could involve imposing tariffs or increasing oil and gas exports
Los Angeles wildfires estimated to cause $28 billion in insured losses
The fires scorch an area nearly the size of Washington, D.C., kill 28 people, and damage or destroy nearly 16,000 structures, according to California’s fire department
Samsung introduces ultra-thin Galaxy S25 Edge in iPhone 17 Air challenge
Samsung’s early reveal of the S25 Edge highlights the growing competition in the ultra-slim smartphone category
Kingdom Holding to invest in TikTok if acquisition by Musk or others happens
The search for a buyer continues after TikTok faced potential bans under an executive order by President Trump, delaying enforcement for 75 days
Saudi Crown Prince offers $600 billion investment in U.S. trade
The kingdom does not clarify whether the $600 billion comes from public or private funds, nor how it is allocated
Meta users complain about re-following of Trump, Vance, and Melania accounts
Meta director clarifies that Biden followers' accounts rolled over to Trump administration profiles
India’s budget likely to raise major subsidies by 8% to $47bn in next fiscal year
NEW DELHI: India is likely to raise spending on food, fertiliser, and cooking gas subsidies to 4.1 trillion rupees ($47.41 billion) in...
MrBeast joins bid to purchase TikTok’s U.S. operations
The announcement comes as President Donald Trump expresses openness to U.S. tech billionaires Elon Musk and Larry Ellison purchasing TikTok in the U.S.