Author: Grace Johnson

Elon Musk has become the first person in history to hold a fortune above $500bn. The record reflects the rising value of Tesla and his other companies this year. His wealth briefly reached $500.1bn on Wednesday afternoon in New York. It then dipped slightly to just over $499bn, according to Forbes’ billionaires index. Valuations of Musk’s other firms, including artificial intelligence startup xAI and rocket company SpaceX, have also surged in recent months. Musk secures top spot among billionaires The achievement further cements Musk as the world’s richest man. He stands far ahead of other global tech leaders. Oracle co-founder…

The sunscreen safety scandal in Australia is spreading fast. Authorities have already withdrawn 18 products from store shelves over safety risks. Well-known sunscreen brands implicated In June, a consumer advocacy group revealed that several popular sunscreens failed to meet their advertised protection. Ultra Violette’s Lean Screen Skinscreen claimed SPF 50+ but tested at just SPF 4. The company recalled it voluntarily in August. The medicines regulator has since warned about 20 more sunscreens from different brands. Each of them used the same base formula, which showed major weaknesses in testing. Alarming SPF results from investigation Preliminary tests found the base…

Donald Trump has again threatened to impose a 100% tariff on all films produced outside the United States. He claimed that other nations had “stolen” America’s movie industry. California in the spotlight On Monday, Trump said California had been hit hardest by the current situation. He argued the new levy would “solve this long time, never ending problem”. In May, he had already announced talks with Hollywood executives. At that time, he warned the US film business was dying “a very fast death”. Tariffs already hitting other products His latest remarks followed the launch of new tariffs in other sectors.…

Insider threats remain one of cyber-crime’s darkest tactics. Few employees ever face them. Even fewer describe what happens inside. I recently experienced one firsthand. A criminal group approached me with an unsettling offer: betray my employer for millions. The approach on Signal The message appeared suddenly. “If you are interested, we can offer you 15% of any ransom payment if you give us access to your PC.” The sender called themselves Syndicate. They contacted me in July through Signal, an encrypted app. I had no clue who they were, but I knew exactly what they wanted. The deal was clear.…

Donald Trump has ordered troops to Portland, Oregon, and authorised the use of full force if required to stop protests targeting immigration detention centres. The president said the move would protect immigration facilities from what he described as attacks by Antifa and other domestic terrorists. He portrayed the city as war-ravaged in a post on Truth Social. This order expands military deployments in US cities during his wider crackdown on illegal immigration. pushback from democratic leaders Democratic lawmakers strongly criticised the decision. They argued there was no need for federal troops in Portland. Oregon Governor Tina Kotek said the state…

Jaguar Land Rover has launched a phased recovery after a large-scale cyber-attack. Some IT systems are now restored, and the company is processing overdue supplier payments with strengthened invoicing capacity. Cyber-attack forced shutdown The attack in August forced Jaguar Land Rover to close its IT networks and halt production lines. Its factories will stay closed until at least next month. The prime minister said the government is working nonstop on a support package for suppliers. Growing concerns suggest smaller firms could collapse if the stoppage continues. Opposition leader Sir Keir Starmer called the crisis urgent but admitted no plan is…

US President Donald Trump has announced a new round of tariffs on imported goods. From October 1, branded and patented medicines will face a 100 percent duty if companies do not operate factories in the United States. Washington will also apply a 25 percent tariff on heavy-duty trucks. Kitchen and bathroom cabinets will face a 50 percent duty. Trump unveiled the measures on Thursday, describing them as essential to shield American manufacturers. On Truth Social, he argued that a “flood” of imports made the action unavoidable. He said the tariffs were necessary to defend domestic industries. The announcement came despite…

An Indian court has rejected a case brought by Elon Musk’s platform X. The company argued that a government portal gave officials unchecked powers to censor online content. A single judge of the Karnataka High Court ruled that X’s petition against the Sahyog portal was “without merit”. The full judgement has not yet been published. X has not yet confirmed whether it will appeal. Second major loss in court This decision marks the second courtroom defeat for X in India in just over two years. The platform had earlier failed to overturn government content blocking powers. Digital rights experts warn…

Canadian privacy officials concluded that TikTok fails to protect children’s data effectively. They said the company does not block underage users and misuses personal details. Children remain on the platform Hundreds of thousands of Canadian children use TikTok every year. The company insists the app is not designed for those under 13. Investigators found that many minors still access the service. Sensitive data exploited The inquiry revealed that TikTok collected sensitive information from large groups of children. The platform used this data for advertising and content targeting. Officials warned that such practices endanger young people. TikTok promises to improve The…

Porsche shares dropped more than seven percent on Monday after the company delayed its electric rollout. The sports carmaker had already warned that weaker demand will weigh on 2025 earnings. Volkswagen shares tumble Parent company Volkswagen also fell by more than seven percent on the same day. It announced billions in new spending to update Porsche’s line-up, rattling investors. The double decline shows how European manufacturers are squeezed by Chinese rivals and a sluggish economy. Outlook downgraded Porsche cut its profit margin forecast from as high as seven percent to two percent or less. It blamed US tariffs, weaker Chinese…