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Michael Jordan and Team Owners Take NASCAR to Trial Over Monopoly Claims

Michael Jordan has taken NASCAR to court, accusing the motorsports organizer of operating an illegal monopoly that he and other team owners say has suppressed competition and caused major financial…

Airbus Inspects A320 Aircraft After Supplier Panel Quality Issue Identified

Airbus has begun inspecting a limited number of A320 aircraft after identifying a supplier quality issue involving metal panels, with up to around 600 planes potentially affected, according to the…

Apple Names New AI Chief After Internal Struggles

In a carefully worded announcement on Monday, Apple said John Giannandrea, who has been the company’s AI chief since 2018, is “stepping down” and will exit after an advisory period…

Shopify Fixes Cyber Monday Outage Affecting Merchant Logins

Earlier today, Shopify faced a major outage that disrupted the operations of numerous merchants, leaving many unable to fulfill transactions during one of the busiest shopping days of the year.…

OpenAI Takes Stake in Thrive Holdings as Circular Deal Concerns Grow

A New Stake in an AI-Focused Holding CompanyOpenAI is taking an ownership stake in Thrive Holdings, an operator that functions like a private equity platform for AI by acquiring companies…

Nvidia Invests $2B in Synopsys to Accelerate GPU-Driven Chip Design

Investment Deepens Existing PartnershipNvidia is investing $2 billion into Synopsys, a leading provider of software and components used in chip design. The move expands their long-running collaboration at a time…

Black Forest Labs Secures $300 Million Funding at $3.25 Billion Valuation

New Funding Round Boosts the German AI Lab’s MomentumGerman AI startup Black Forest Labs announced on Monday that it has raised $300 million in a Series B round, bringing the…

German Green Hydrogen Firms Warn of Delays as Demand Fails to Match Supply

Electrolyser Production Outpaces Market DemandIn a quiet factory near Hamburg, industrial robots stand ready to assemble electrolysers at a pace that exceeds current demand. Quest One, which manufactures proton exchange…

Candy Kittens Set to Acquire UK Snack Brand Graze in Deal with Unilever

Unilever Moves to Sell Under-Performing Food BrandsCandy Kittens, the vegan sweets brand founded by British TV personality Jamie Laing, is set to acquire the UK snack company Graze through a…

French Snail Farm Reports €90,000 Theft Ahead of Holiday Season

Farm Describes Major Loss Before Peak DemandA farm in northern France that supplies gourmet restaurants has reported the theft of €90,000 (£79,000; $104,000) worth of snails, describing the incident as…

Dignitas Founder Ludwig Minelli Dies by Assisted Suicide at Age 92

Organisation Announces Death of Its FounderLudwig Minelli, founder of the Swiss right-to-die organisation Dignitas, has died by assisted suicide at the age of 92, the group announced. Minelli died on…

Data Breach at Coupang Potentially Exposes Information of Nearly 34 Million Customers

Discovery of the Breach and Initial FindingsSouth Korea’s largest online retailer, Coupang, has apologised for a major data breach that may have exposed information from nearly 34 million customer accounts.…

Airbus Says Flights Are Returning to Normal After Solar Radiation Warning Grounded A320 Fleet

Return to Service After Temporary GroundingsThousands of Airbus aircraft are returning to regular operations after being grounded for software updates prompted by a warning that solar radiation could interfere with…

Meesho Moves Ahead With $606 Million IPO as SoftBank and Prosus Hold Their Stakes

IPO Launch and Valuation DetailsMeesho is preparing a roughly $606 million initial public offering that features limited sell-downs from early investors and no sales from major backers such as SoftBank…

Airbus Orders Immediate Fixes After Solar Radiation Risk Found in A320 Flight Control Systems

Discovery and Immediate Safety ActionAirlines around the world have warned of possible delays after Airbus requested urgent modifications to thousands of aircraft, following its discovery that intense solar radiation could…

Louvre To Raise Ticket Prices For Most Non-EU Tourists By 45%

Museum announces higher entry fees to fund security and infrastructure upgrades The Louvre museum in Paris will raise ticket prices by 45% for visitors from outside the European Economic Area…

Apple Challenges India’s Antitrust Penalty Framework In Delhi High Court

Company disputes calculation method that could lead to $38 billion fine Apple has filed a case in the Delhi High Court challenging how India’s antitrust authority calculates penalties based on…

Baidu Emerges As Key AI Chip Supplier In China Amid Nvidia Restrictions

Company positions Kunlunxin unit to meet domestic demand for AI compute Baidu is becoming one of China’s major artificial intelligence chip suppliers as domestic companies look for alternatives to Nvidia,…

Redwood Materials Cuts 5% Of Staff Following $350 Million Funding Round

Layoffs affect a portion of workforce as company expands into new battery reuse markets Redwood Materials is cutting around 5% of its workforce shortly after raising $350 million, according to…

Asahi Says Cyberattack May Have Exposed Data Of 1.5 Million Customers

Company reports large-scale data exposure following September ransomware incident Asahi said a ransomware attack in September may have leaked the personal information of more than 1.5 million customers. The company…