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Business

BP Chairman Helge Lund Announces Plans to Step Down in 2026, Succession Process Begins

BP plc has started the process to find a new chairman as Helge Lund plans to step down by 2026. The transition aims to ensure a smooth handover, with Lund emphasizing the timing su...

Business

Meta Prepares to Launch Llama 4 This Month Amid Performance and Competition Concerns

Meta Platforms Inc. is planning to release Llama 4, its new large language model, this month but may delay due to performance issues. The model underperforms in benchmarks, especia...

Business

Klarna Halts IPO Plans Amid Global Tariff Uncertainty: A Strategic Retreat?

Swedish fintech Klarna pauses its IPO amid global tariff changes, signaling a cautious approach in uncertain economic times. StubHub also delays its public offering, reflecting bro...

Business

OpenAI's ChatGPT-5 Set to Revolutionize AI Chatbots with Upcoming Release

OpenAI CEO Sam Altman announces the upcoming release of ChatGPT-5 and new GPT upgrades, highlighting development challenges and the company's recent milestone of 20 million paid su...

Business

Honda Collaborates with US Firms to Pioneer Fuel Cell Technology on the ISS for Future Lunar Missions

Honda partners with Sierra Space and Tec-Masters to test a water electrolysis system on the ISS, aiming to develop a fuel cell system for lunar missions and Earth's sustainable tec...

Business

Nintendo Delays U.S. Switch 2 Pre-Orders: Tariffs and Market Conditions to Blame

Nintendo has delayed the U.S. pre-orders for the Switch 2 console due to recent tariffs and market conditions, while keeping the launch date unchanged. The company promises updates...

Business

OpenAI's ChatGPT-5 Set to Revolutionize AI Chatbots with Upcoming Launch in Months

OpenAI CEO Sam Altman announces the upcoming launch of ChatGPT-5 and upgrades to its AI models, o3 and o4-mini, highlighting the challenges and excitement in AI development. The co...

Business

Nintendo Delays U.S. Switch 2 Pre-Orders Amid Tariff Uncertainty, Launch Date Remains Unchanged

Nintendo delays U.S. pre-orders for the Switch 2 due to tariff concerns, but the launch date remains June 5, 2025. The company is assessing the impact of tariffs on pricing and mar...