Jonathan Wong
The Latest
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Your Car May Be Secretly Recording Your Driving Habits and Sharing Data with Insurance Companies, Leading to Higher Car Insurance Rates
Internet-connected vehicles are gathering data on driving habits and sharing that information with data brokers, which in turn work with insurance companies to create personalized coverage, according to a recent report from The New York Times. This practice has raised concerns about privacy and the potential for increased insurance costs for consumers. 
Internet-connected vehicles are gathering data on driving habits and sharing that information with data brokers, which in turn work with insurance companies to create personalized coverage, according to a recent report from The New York Times. This practice has raised concerns about privacy and the potential for increased insurance costs for consumers. -
The Body Shop Closes U.S. Stores Following Bankruptcy, UK and Canada Stores to Follow
The Body Shop, a pioneer in ethically sourced beauty products, has announced the closure of its operations in the United States after filing for Chapter 7 bankruptcy in New York. This decision marks a significant retreat for the U.K.-based chain, which had been grappling with financial difficulties across its global operations. The bankruptcy filing signals the company's move to liquidate certain assets to repay creditors, underscoring the depth of its financial woes. 
The Body Shop, a pioneer in ethically sourced beauty products, has announced the closure of its operations in the United States after filing for Chapter 7 bankruptcy in New York. This decision marks a significant retreat for the U.K.-based chain, which had been grappling with financial difficulties across its global operations. The bankruptcy filing signals the company's move to liquidate certain assets to repay creditors, underscoring the depth of its financial woes. -
Reddit Targets $748 Million in Landmark IPO - Report
Reddit Inc., the renowned social media platform, is gearing up for one of the most anticipated initial public offerings (IPOs) of the year, aiming to raise up to $748 million, according to Bloomberg News. 
Reddit Inc., the renowned social media platform, is gearing up for one of the most anticipated initial public offerings (IPOs) of the year, aiming to raise up to $748 million, according to Bloomberg News. -
TikTok's Lobbying Efforts Reportedly Backfire as Congress Moves Closer to Banning the App Amid National Security Concerns
TikTok's frantic last-minute push to mobilize users against legislation that could see the popular app banned in the United States appears to be backfiring on Capitol Hill. Congressional offices have reported being inundated with calls from confused TikTok users, ranging from teenagers to the elderly, urging them to vote against the measure. 
TikTok's frantic last-minute push to mobilize users against legislation that could see the popular app banned in the United States appears to be backfiring on Capitol Hill. Congressional offices have reported being inundated with calls from confused TikTok users, ranging from teenagers to the elderly, urging them to vote against the measure. -
Power Lines Ignited Largest Wildfire in Texas History, State Investigators Say
State investigators, in a definitive conclusion, have traced the origins of Texas' largest recorded wildfire, the Smokehouse Creek fire, directly to power lines, as confirmed by a spokesperson for the Texas A&M Forest Service. 
State investigators, in a definitive conclusion, have traced the origins of Texas' largest recorded wildfire, the Smokehouse Creek fire, directly to power lines, as confirmed by a spokesperson for the Texas A&M Forest Service. -
FDA Holds Off on Eli Lilly's Donanemab Approval, Calls for Expert Review
The Food and Drug Administration (FDA) has opted to delay its decision on the much-anticipated Alzheimer's drug, donanemab, developed by Eli Lilly and Company. Contrary to expectations for an imminent approval, the FDA has called for a review by an independent panel of experts to delve deeper into the drug's safety and efficacy concerns. 
The Food and Drug Administration (FDA) has opted to delay its decision on the much-anticipated Alzheimer's drug, donanemab, developed by Eli Lilly and Company. Contrary to expectations for an imminent approval, the FDA has called for a review by an independent panel of experts to delve deeper into the drug's safety and efficacy concerns. -
United Airlines Plane Loses Tire During Takeoff from SFO, Damaging Vehicles in Parking Lot
A United Airlines plane bound for Osaka, Japan, experienced a rare and potentially dangerous incident when a tire fell off during takeoff from San Francisco International Airport (SFO) on Thursday morning. 
A United Airlines plane bound for Osaka, Japan, experienced a rare and potentially dangerous incident when a tire fell off during takeoff from San Francisco International Airport (SFO) on Thursday morning. -
Aldi Announces Ambitious Plan to Open 800 New U.S. Stores by 2028
Aldi, the German-owned, Illinois-based discount grocery chain, has unveiled an ambitious plan to add 800 new stores in the United States over the next five years. The expansion, which comes with a $9 billion price tag, aims to strengthen Aldi's presence in its existing strongholds in the Northeast and Midwest while also venturing into new markets in the West, Southern California, and cities like Las Vegas. 
Aldi, the German-owned, Illinois-based discount grocery chain, has unveiled an ambitious plan to add 800 new stores in the United States over the next five years. The expansion, which comes with a $9 billion price tag, aims to strengthen Aldi's presence in its existing strongholds in the Northeast and Midwest while also venturing into new markets in the West, Southern California, and cities like Las Vegas. -
Nikon to Acquire RED Digital Cinema, Expanding into Professional Video Market
Nikon Corporation has announced its entry into an agreement to acquire 100% of the outstanding membership interests of RED.com, LLC (RED), a leading manufacturer of digital cinema cameras. 
Nikon Corporation has announced its entry into an agreement to acquire 100% of the outstanding membership interests of RED.com, LLC (RED), a leading manufacturer of digital cinema cameras. -
New York Community Bancorp Secures $1 Billion Capital Raise, Adds Steve Mnuchin to Board
New York Community Bancorp (NYCB) announced a $1 billion capital raise and a leadership shakeup on Wednesday, as the struggling regional bank seeks to shore up its balance sheet and restore investor confidence. 
New York Community Bancorp (NYCB) announced a $1 billion capital raise and a leadership shakeup on Wednesday, as the struggling regional bank seeks to shore up its balance sheet and restore investor confidence.
