Business

EU Commission, citing security, bans TikTok on staff phones

The European Commission has banned the Chinese short video-sharing app TikTok from its employees’ corporate phones for cybersecurity reasons, EU industry chief Thierry Breton said, the first EU institution to do so.

February 24, 2023 7:20 am
 

Business

Lucid tumbles on dour forecast as Tesla's price war takes toll

Lucid Group Inc’s shares <LCID.O> slumped over 14% in early trading after the electric vehicle maker’s 2023 production targets came in below estimates amid waning demand and a price war unleashed by market leader Tesla Inc (TSLA.O).

February 24, 2023 6:31 am
 

Business

Regular meetings with FRCS are crucial: FHTA

The Fiji Hotel and Tourism Association is focused on further developing its collaboration with the Fiji Revenue and Customs Service.

February 24, 2023 5:52 am
 

Business

NHL records $500,000 profit for 2021 financial year

Nadonumai Holdings Limited recorded a $500,000 profit for the 2021 financial year.

February 24, 2023 5:34 am
 

Business

USP opens MPaisa option

The M-PAiSA mobile payment option is now available to students at the University of the South Pacific Laucala Campus and across all campuses in Fiji.

February 23, 2023 4:05 pm
 

Business

Villagers shifting to resource-based cooperatives

Village-based cooperatives are branching out cooperative stores and moving into resource-based cooperatives.

February 23, 2023 4:01 pm
 

Business

FSC boost preparedness ahead of crushing season

The Fiji Sugar Corporation is doing its best to ensure all cane farmers, cane cutters, mechanical harvester operators, and the three sugar mills are ready on time before this year’s crushing season begins.

February 23, 2023 12:50 pm
 

Business

Tesla to base engineering headquarters in California

Electric-vehicle maker Tesla Inc (TSLA.O) will make its global engineering headquarters in California, Chief Executive Elon Musk and the state’s governor, Gavin Newsom, announced on Wednesday.

February 23, 2023 10:23 am
 

Business

Mercedes-Benz cars to have 'supercomputers', unveils Google partnership

Mercedes-Benz (MBGn.DE) said it has teamed up with Google (GOOGL.O) on navigation and will offer “super computer-like performance” in every car with automated driving sensors as it seeks to compete with Tesla (TSLA.O) and Chinese newcomers.

February 23, 2023 9:22 am
 

Business

For tech giants, AI like Bing and Bard poses billion-dollar search problem

As Alphabet Inc (GOOGL.O) looks past a chatbot flub that helped erase $100 billion from its market value, another challenge is emerging from its efforts to add generative artificial intelligence to its popular Google Search: the cost.

February 23, 2023 8:22 am
 

Business

Meta preparing for fresh round of job cuts

Facebook-parent Meta Platforms Inc (META.O) is planning a fresh round of job cuts in a reorganization and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday.

February 23, 2023 7:20 am
 

Business

Narube says government downplays cost of living crisis

Former governor of the Reserve Bank of Fiji and Unity Fiji Party Leader Savenaca Narube has criticized the government’s Medium Term Fiscal Strategy 2024-2026 for downplaying the cost of living crisis in the country.

February 22, 2023 4:31 pm

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