🧵 1. Apple and Epic Games to return to court over App Store payments dispute, continuing legal battle that could impact app developers and online life. #business
🧵 1. New federal rule mandates airlines to automatically refund passengers for delays, lost bags, or failed services, eliminating the need for tedious refund requests. #business
🧵 1. Nike to lay off 740 employees at its Oregon HQ by end of June as part of cost-cutting strategy, stock in focus for potential impact on shares. #business
🧵 1. Tesla stock drops over 3% premarket as prices cut in US, China, Germany to boost demand amid competition. Model Y, X, S prices down, FSD software reduced. #business
📚 Rate this book:
'Purple Cow’ by Seth Godin
Transform your business by being remarkable
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'Ready, Fire, Aim’ by Michael Masterson
Zero to $100 million in no time flat
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EasyJet cuts winter losses as more passengers take to the skies
EasyJet's latest report shows better performance in winter and the launch of new operational bases.
TSMC surpasses profit forecasts as it rides high on surging AI demand
The world’s largest chipmaker recorded a rise in first-quarter income and revenue, driven by demand for AI-related chips.
Nordstrom family tries again to take department store private, forms special committee
The Nordstrom family is once again considering taking the department store private and has formed a special committee to evaluate bids.
🧵 1. San Francisco startup Verne, backed by Trucks VC, Amazon, and United Airlines, raises significant funds for innovative hydrogen tank tech to rival diesel trucks. #business
🧵 1. Microsoft's OpenAI partnership avoids EU probe, easing regulatory concerns over AI competition impacts. #business
📚 Rate this book:
'Principles’ by Ray Dalio
The investor and entrepreneur shares his approach to life and management
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📚 Rate this book:
'Good to Great' by Jim Collins
Why some companies make the leap... and others don't
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Crocs launches bizarre collaboration with popular junk food
The trendy but divisive footwear brand is out with another new design.
🧵 Bank of Korea chief warns of excessive won volatility, pledges intervention if needed amidst external factors pushing the currency's movement. #business
