Tesla’s Cybertruck, once promoted as an “apocalypse-proof” vehicle by CEO Elon Musk, is facing a severe decline in demand. According to data from Cox Automotive, Tesla sold just 5,400 Cybertrucks in the most recent quarter—a dramatic 62.6% drop from the same period last year.
The Dutch government has stepped in to take control of semiconductor firm Nexperia, citing “highly exceptional” risks to European economic security stemming from the company’s Chinese ownership and governance gaps. Nexperia, based in Nijmegen in the Netherlands, is owned by China’s Wingtech Technology.
JPMorgan Chase announced a $1.5 trillion initiative to "facilitate, finance and invest" in industries critical to the nation's "economic security and resiliency."
North Carolina’s legal sports betting industry saw a major boost in September, generating more than $12 million in tax revenue — the fifth-highest month since wagering launched in 2024. The surge was driven by the return of NFL and college football, which revived betting activity after a slower summer season.
The Department of Justice (DOJ) and Google have concluded two weeks of hearings over how to address the tech giant’s illegal monopoly in the online advertising market, marking a major moment in one of the most significant antitrust battles in decades. The case, held in the U.S. District Court for the Eastern District of Virginia, follows an April ruling by Judge Leonie M. Brinkema that found Google had unlawfully monopolized publisher tools and ad transaction software.
OpenAI has entered a multibillion-dollar agreement with chipmaker AMD that could result in a 10 percent equity stake in the company. The deal signals a major shift in the artificial intelligence hardware landscape and marks AMD’s largest win to date in its competition with AI chip leader Nvidia.
Japan’s most popular beer, Asahi Super Dry, could run out this weekend after a massive ransomware attack crippled production at nearly all of Asahi Group Holdings Ltd.’s factories.
