Business

Uber Technologies Inc. has plans to buy an 85% stake in the Turkish food delivery app Trendyol GO. The deal is worth about $700 million in cash. With this move,…

China-based Temu and Shein, two of the most disruptive new entrants in recent U.S. e-commerce history, are preparing for a whiplash-inducing reversal on their home courts. The Trump administration plans…

India’s government must contend with a large and growing trade deficit. As a consequence their trade deficit with China has just rocketed to an eye-popping $100 billion (£75 billion). This…

Rivian Automotive, the electric adventure vehicle-maker, just lowered its delivery guidance for 2025. The company lists economic pressures and increased capital expenditures due to tariffs as primary drivers for this…

British rival and fellow food delivery giant Deliveroo got its own surprise takeover offer on Friday from American rival DoorDash. This historic agreement is worth $3.9 billion. This strategic partnership…

YouTube is testing a new two-person Premium subscription tier as part of its ongoing effort to enhance user experience and value. Since then, the pilot program has rolled out in…

OpenAI, the widely touted artificial intelligence research institute, is looking at remaking itself as a public benefit corporation. It will ride this wave supported by the reins of its nonprofit…

Tesla’s new car sales in Spain dropped by 36% in April, reaching just 571 vehicles year-over-year, according to Reuters. This slump coincides with rising sales of electric vehicles made by…

In early December, Elon Musk tweeted out that SpaceX is moving its headquarters. The new headquarters will be at the company’s Starbase facility in Boca Chica, Texas, relocating from El…

TikTok has been fined $600 million (530 million euros) by European regulators after a four-year investigation revealed that the app’s data transfers to China put its users at risk of…

Just the month before, in April, Xpeng Motors set a new precedent by delivering 35,045 vehicles. It’s their sixth month in a row of over 30,000 deliveries. This new milestone…

Nvidia’s CEO, Jensen Huang, recently announced his big pay increase. This will be the first bump in his base salary for 10 years. The firm recently disclosed that Huang’s base…

Every year, in the first half of September, we expect to see new iPhones. Apart from the occasional out-of-schedule release of a budget model — such as the iPhone 16e…

Amazon CEO Andy Jassy reassured investors on the company’s first-quarter earnings call on Thursday, expressing optimism that the retail giant could emerge from the current tariff environment stronger than before.…

After recently experiencing its biggest decline in U.S. sales since the peak of the COVID-19 pandemic, this worrisome trend is causing plenty of heartburn to both investors and financial analysts.…

Microsoft has announced a significant price increase for its Xbox video game consoles and major game titles due to challenging market conditions. The price hike comes as the company seeks…

Meta Platforms Inc. has received a significant warning regarding its business practices in Europe, following a recent decision by the European Commission. In short, the tech giant needs to adhere…

Tesla Inc. lost billions in sales and profits in the first quarter of this year. This drop has raised many investors’ eyebrows as worries over Starbucks’ future growth have recently…

WhatsApp now has over 3 billion active users each month, Meta CEO Mark Zuckerberg announced during the company’s Q1 earnings call on Wednesday. The messaging app, founded in 2009 and…

Tesla has denied reports suggesting it contacted recruitment firms to begin searching for a replacement for Elon Musk as CEO. On Wednesday, the Wall Street Journal claimed that the electric…