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Tesla Robotaxi Permits Lag

Tesla has continued to signal plans for launching a driverless robotaxi service in California, but regulatory filings show limited progress toward securing the necessary approvals. State records indicate that the company has not conducted documented autonomous test driving on public roads in recent years. In California, such testing is a required step toward obtaining permits […]

Baidu Revenue Falls on Ad Weakness

Baidu reported a decline in quarterly revenue as continued weakness in its advertising segment outweighed gains from its growing cloud and artificial intelligence operations. The company has expanded investment in AI infrastructure and enterprise-focused services, contributing to stronger performance in its cloud-related offerings. However, advertising—still its primary revenue source—remained under pressure amid softer economic conditions […]

eBay Cuts Workforce by 6%

eBay has announced plans to reduce its global workforce by approximately 6% as part of a broader effort to streamline operations and realign resources. The move will affect around 800 roles and is aimed at improving efficiency while supporting the company’s evolving strategic direction. Leadership indicated that restructuring is intended to better position the business […]