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Shopify CEO Sparks Backlash After Suggesting Voting Rights Be Tied to Income Taxes

Ottawa, Tuesday, 28 July 2026.
Shopify CEO Tobi Lütke faces intense backlash after endorsing a tax-tiered voting system that strips pensioners of voting rights, calling them “dependents” while favoring the wealthy.

Ford Raises Annual Profit Forecast Despite Second-Quarter Loss

Dearborn, Tuesday, 28 July 2026.
Despite a $1.3 billion second-quarter net loss driven by massive electric vehicle restructuring charges, Ford beat earnings expectations and raised its full-year profit forecast on resilient pricing.

Fast-Fashion Giant Shein Reveals Federal Investigation Ahead of Public Listing

Hong Kong, Tuesday, 28 July 2026.
In its Hong Kong listing prospectus, Shein disclosed a U.S. Federal Trade Commission consumer protection investigation, warning that potential penalties could severely impact its financial health.

Androco Minerals Secures Key Stake in South African Chrome Project

Johannesburg, Tuesday, 28 July 2026.
Androco Minerals has acquired a 29% stake in South Africa’s Chapani project, unlocking access to over 55 million tonnes of high-grade chrome critical for global green technologies.

Thousands of Kilograms of Canadian Bacon Recalled Across Three U.S. States

Washington, Tuesday, 28 July 2026.
The USDA issued its highest-level health alert for 5,459 kilograms of Canadian bacon because the product skipped mandatory border reinspection, posing potential regulatory and health risks.

Samsung Secures Landmark $200 Billion Deal to Power Next-Generation Artificial Intelligence

Seoul, Tuesday, 28 July 2026.
Samsung Electronics signed a landmark $200 billion partnership with Broadcom to supply advanced microchips through 2030, significantly boosting Samsung’s position in the global artificial intelligence market.

Giant Tech Fund Defies Cheaper Rivals Through Massive Liquidity

New York, Tuesday, 28 July 2026.
Despite BlackRock and State Street launching cheaper tech funds, Invesco’s QQQ dominates with 300 times more inflows, proving that massive trading liquidity outweighs lower fees for investors.

Telehealth Provider VSee Health Explores Major Sale or Merger Options

San Jose, Tuesday, 28 July 2026.
Despite expanding its hospital network twentyfold, VSee Health has entered advanced talks for a potential merger or sale to address its low market valuation.

Tesla Buys Virtual Reality Treadmill to Train Humanoid Robots

Austin, Tuesday, 28 July 2026.
Tesla has purchased Virtuix’s virtual reality treadmill system to train its Optimus humanoid robots, marking a major shift for the gaming-hardware maker into advanced enterprise robotics.

Startup Harmony Secures $34 Million to Bring AI Support Agents to Corporate Chat Apps

San Francisco, Tuesday, 28 July 2026.
Enterprise startup Harmony has raised $34 million to deploy workplace AI agents, aiming to resolve corporate IT and HR requests instantly with a 70% automated resolution rate.