Business

Major retailers including Walmart and Target are removing self-checkout systems due to customer frustration, theft concerns, and preference for human cashiers over automated service.

Tesla's energy storage division posts triple-digit growth, emerging as the company's fastest-growing revenue stream with massive utility-scale battery deployments worldwide.

Toyota halts production at eight Japanese plants due to severe parts shortages affecting semiconductor chips and critical components, impacting 28,000 workers.

FTC investigates Amazon's cloud computing dominance as AWS controls one-third of global market, raising competition concerns about pricing and bundling practices.

Costco raises membership fees for first time in seven years, sparking debate about warehouse club value and customer loyalty as retail competition intensifies.

Spotify tests video podcast features targeting YouTube's dominance with creator-focused tools and subscription revenue models.

Google races to compete with ChatGPT through Bard and AI integration across services as the search giant fights to maintain dominance in the evolving information landscape.

Walmart enters advanced negotiations to acquire major European grocery chain, marking significant international expansion strategy shift after previous market exits.

ByteDance expands beyond TikTok into cloud computing, leveraging social media infrastructure to compete with Amazon Web Services and Microsoft Azure in enterprise markets.

Apple's Vision Pro headset exceeds sales projections despite $3,499 price, driven by strong enterprise adoption and professional use cases that justify premium costs.