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Turkey is edging closer to restricting social media access for minors, as a parliamentary report recommends sweeping measures including age verification, content filtering, and potential bans. The proposals align Turkey with a growing global push to tighten controls over children’s online activity amid concerns about addiction, harmful content, and mental wellbeing. Lawmakers from President Recep […]
Chinese automaker Seres said its electric vehicle brand Aito has signed an agreement with Abu Dhabi-based dealer group Performance Plus Motors to begin sales in the United Arab Emirates, marking the brand’s first export move outside China. The partnership gives Aito an initial foothold in the Middle East as it looks to expand beyond China’s […]
The sale of xAI to SpaceX delivers significant tax, financial, and legal benefits for investors, according to people familiar with the transaction. The deal uses a triangular merger structure that allows SpaceX to acquire xAI as a wholly owned subsidiary—rather than fully merging operations—thereby avoiding immediate repayment of billions in debt and limiting legal exposure. […]