Los Angeles Daily

Finland warms up the world’s largest sand battery, and the economics look appealing thumbnail
Los Angeles Daily

Finland warms up the world’s largest sand battery, and the economics look appealing

LOS ANGELES DAILY provides reliable, free, up-to-the-minute syndicated news to any media publication. LOS ANGELES DAILY is a network member of the Associated...

The cracks in the OpenAI&Microsoft relationship are reportedly widening thumbnail
Los Angeles Daily

The cracks in the OpenAI&Microsoft relationship are reportedly widening

LOS ANGELES DAILY provides reliable, free, up-to-the-minute syndicated news to any media publication. LOS ANGELES DAILY is a network member of the Associated...

Spotify’s Daniel Ek just bet bigger on Helsing, Europe’s defense tech darling thumbnail
Los Angeles Daily

Spotify’s Daniel Ek just bet bigger on Helsing, Europe’s defense tech darling

Money Spotify’s Daniel Ek just led a €600 million investment in Helsing, a four-year-old, Munich-based defense tech company that is now valued at...

Google to scale up AI&powered fraud detection and security operations in India thumbnail
Los Angeles Daily

Google to scale up AI&powered fraud detection and security operations in India

Money Google has unveiled its Safety Charter in India, which will expand its AI-led developments for fraud detection and combating scams across the...

‘One person’s pessimism is another person’s opportunity’: Inside Blackstone’s $500 billion bet on Europe thumbnail
Los Angeles Daily

‘One person’s pessimism is another person’s opportunity’: Inside Blackstone’s $500 billion bet on Europe

As Steve Schwarzman braces to dethrone Warren Buffett as the longest-running Fortune 500 CEO, he and other Blackstone execs talk about the asset...

‘Massive’ investment in R&D leads China’s Honor to launch world’s thinnest foldable phone thumbnail
Los Angeles Daily

‘Massive’ investment in R&D leads China’s Honor to launch world’s thinnest foldable phone

Foldables represent a small but rapidly expanding segment of the Chinese smartphone market. Sales in this category grew by 27% last year. Chinese...

Lululemon has had enough of Gen Z’s dupe culture and is suing Costco for allegedly stealing its Scuba jacket and ABC pant designs thumbnail
Los Angeles Daily

Lululemon has had enough of Gen Z’s dupe culture and is suing Costco for allegedly stealing its Scuba jacket and ABC pant designs

Lululemon says Costco is intentionally confusing shoppers by slapping its Kirkland brand on clothes that are thinly veiled copies of much more expensive...

Tesla’s Q2 sales not nearly as bad as feared, but former leader is losing ground fast to BYD thumbnail
Los Angeles Daily

Tesla’s Q2 sales not nearly as bad as feared, but former leader is losing ground fast to BYD

Tesla sales through June fell 13% to some 720,000 vehicles—but volumes for BYD of China soared 41% to crack the 1 million vehicle...

House GOP can’t pass Trump’s tax bill as holdouts on center and far&right push back in late&night session thumbnail
Los Angeles Daily

House GOP can’t pass Trump’s tax bill as holdouts on center and far&right push back in late&night session

The idea of quickly convening to for a vote on the more than 800-page bill was a risky gambit, one designed to meet Trump’s demand...

Trump touts a Vietnam trade deal victory—but details on transshipment and import pledges remain unclear thumbnail
Los Angeles Daily

Trump touts a Vietnam trade deal victory—but details on transshipment and import pledges remain unclear

Trump said the U.S. will impose a 20% tariff on Vietnamese exports to the U.S. Goods transshipped through Vietnam will get 40%.  With...