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GM Buys Out SoftBank's Stake In Cruise For $2.1 Billion
GM will buy out SoftBank's stake in Cruise for $2.1 billion, while also committing an additional $1.35 billion in its autonomous driving business unit. GM will buy out SoftBank's stake in Cruise for $2.1 billion, while also committing an additional $1.35 billion in its autonomous driving business unit. -
Netflix To Start Charging Users Who Share Their Passwords
Netflix will begin charging users who share their passwords with people outside their households a small fee. Netflix will begin charging users who share their passwords with people outside their households a small fee. -
Shell Defends Its Decision To Buy Discounted Russian Oil
Shell stands to make a profit of around $20 million from its purchase of 725,000 barrels or around 100,000 metric tons of heavily-discounted Russian Urals crude. Shell stands to make a profit of around $20 million from its purchase of 725,000 barrels or around 100,000 metric tons of heavily-discounted Russian Urals crude. -
Rivian Reverses Planned Price Hike Following Customer Backlash
Rivian's CEO, RJ Scaringe, apologized to customers, admitting that the price hike was a huge mistake. Rivian's CEO, RJ Scaringe, apologized to customers, admitting that the price hike was a huge mistake. -
GM Discloses Sale Of Stake In Cash-Strapped Lordstown Motors
GM said it had sold its stake in Lordstown during the fourth quarter after the stock's lock-up period expired. GM said it had sold its stake in Lordstown during the fourth quarter after the stock's lock-up period expired. -
Estée Lauder Fires Senior Executive Over Offensive Instagram Post
Estée Lauder said its decision to fire Demsey was a result of the offensive post he made on Instagram. Estée Lauder said its decision to fire Demsey was a result of the offensive post he made on Instagram. -
Kraft Heinz Taking On Plant-Based Market With New Joint Venture
Kraft Heinz will be forming a joint venture with plant-based startup TheNotCompany, called Kraft Heinz Not Company. Kraft Heinz will be forming a joint venture with plant-based startup TheNotCompany, called Kraft Heinz Not Company. -
Airbus Plans To Test Hydrogen-Powered Engine In Modified A380
Airbus said it plans to conduct test flights using a modified A380 fitted with a hydrogen engine by 2026. Airbus said it plans to conduct test flights using a modified A380 fitted with a hydrogen engine by 2026. -
Apple Releases Update That Allows Masked Users To Unlock Their iPhones
The rollout of the Face ID update comes as many states move to remove or ease their mask mandates. The rollout of the Face ID update comes as many states move to remove or ease their mask mandates. -
Coca-Cola To Launch Coca-Cola Starlight, A New Coke Flavor That Tastes Like Space
Coca-Cola said the red drink will have a cooling sensation that will make drinkers like they are on a 'journey to space.' Coca-Cola said the red drink will have a cooling sensation that will make drinkers like they are on a 'journey to space.'