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Uber Accused by Feds of Charging Customers for Unapproved Subscriptions

The Federal Trade Commission (FTC) has accused Uber Technologies Inc. of unlawfully charging customers for subscription services without their explicit consent. Industry observers are not impressed with this unusual enforcement…

Elon Musk Chooses Rural Texas for His Expanding Business Empire

Elon Musk’s controversial recent relocation from California to Texas has attracted much controversy, and some excitement, from Texans. The billionaire entrepreneur has set up his corporate campus in rural, neighboring…

Musk Aims to Establish ‘Proper Value’ for xAI in Upcoming Investor Call

Elon Musk is focusing on establishing a “proper value” for his artificial intelligence startup, xAI, during an upcoming investor call. Founded in July 2023, xAI aims to “understand the true…

Tesla Accused of Odometer Fraud to Avoid Repair Payouts Under Warranty

Tesla is defending itself against a different California class-action lawsuit right now. The charges allege that the corporation has been systematically rolling back odometers to steer clear of paying costly…

Zuckerberg Admits TikTok Has Slowed Meta’s Growth

Mark Zuckerberg, CEO of Meta Platforms Inc., recently spoke about the impact of competing social media platforms, specifically TikTok, on Meta’s growth during a trial. He even admitted TikTok’s rapid…

Johnson & Johnson Faces $400 Million in Tariff Costs, Mainly Due to China

Health care giant Johnson & Johnson is anticipating approximately $400 million in tariff-related costs this year. The primary impact is expected to hit the company’s medical technology unit, which manufactures…

Hermès to Raise U.S. Prices for Iconic Bags and Scarves Due to Trump Tariffs

French luxury group Hermès announced that it will raise prices in the U.S. starting in May, aiming to counteract the impact of President Donald Trump’s tariffs on its products. The…

Tesla Whistleblower Wins Latest Legal Victory Against Musk

Cristina Balan, a former Tesla engineer, has emerged victorious in her long-running legal dispute with Tesla and CEO Elon Musk. Balan, who was dismissed in 2014 after raising concerns about…

Temu Cuts U.S. Ad Spending and Drops in App Store Rankings After Trump’s China Tariffs

Temu, the Chinese online retailer that gained significant attention for its “Shop like a billionaire” marketing campaign during last year’s Super Bowl, has seen a sharp decline in its U.S.…

UK Takes Cautious Approach to Future Chinese Steel Investments

In response to British Steel’s collapse, the UK government has passed an emergency law to nationalise it. This decision follows shocking news reports that the steel giant’s Chinese owner, Jingye,…

Figma Issues Cease-and-Desist Letter to Lovable Over ‘Dev Mode’ Term

Figma, one of the top design collaboration platforms, is going hard after folks pilfering their creativity. To this end, they recently sent a cease-and-desist letter to Lovable, a no-code AI…

Meta CEO Mark Zuckerberg Contemplated Spinning Off Instagram in 2018, FTC Trial Reveals

The Federal Trade Commission (FTC) is in the process of investigating Meta Platforms Inc. They are even considering splitting Instagram from its controlling owner, Meta. This is happening against the…

Starbucks Tightens Dress Code for Baristas Under Their Green Aprons

Starbucks recently introduced a new code of conduct – dress code – for its baristas. This new policy puts severe restrictions on what they’re allowed to wear underneath their green…

Ottawa Offers Tariff Exemption to Automakers Continuing Production in Canada

In a decisive response to U.S. tariffs imposed on automobile imports, the Canadian government has announced plans to support local businesses affected by these financial measures. On April 3, President…

Medium Reaffirms Commitment to Diversity and Inclusion Amid Industry Changes

Medium, the online publishing platform founded by Evan Williams, is deeply invested in DEI. This commitment holds true even as many of their counterparts at U.S. tech companies work to…

Sony Increases PlayStation 5 Prices in Europe Due to Economic Pressures

Sony Interactive Entertainment has confirmed a price hike for its PlayStation 5 Digital Edition in Europe. The price is going up from 449.99 euros to 499.99 euros. This change means…

Nvidia Announces Plans for US-Based AI Chip Production

Nvidia announced on Monday that it has secured more than one million square feet of manufacturing space in Arizona and Texas to build and test AI chips as part of…

Dorsey and Musk Spark Controversy Over Intellectual Property Laws

Twitter (now X) and Square (now Block) co-founder Jack Dorsey’s recent tweet on the topic ignited a fierce debate this past weekend. His incendiary tweet made it sound like a…

Mark Zuckerberg Stands by Meta in Social Media Monopoly Trial

In a highly anticipated antitrust trial, Meta CEO Mark Zuckerberg took the stand to defend his company against accusations that it unlawfully established a social media monopoly through its acquisitions…

Trump Claims He Assisted Tim Cook With Tariff Exclusions

President Donald Trump recently asserted that he has provided assistance to Apple CEO Tim Cook regarding tariff exclusions, amidst ongoing discussions about the impacts of tariffs on U.S. companies and…