Toyota Adds Another $1.5 Billion to its Bet on Startups at Every Stage
Toyota is pledging $1.5 billion in new capital, demonstrating a growing interest in the startup ecosystem. The money will be used to invest in the full life cycle of a…
Trump Previews $500 Million Deal with Harvard on Trade Schools
President Donald Trump on Tuesday previewed a $500 million deal with Harvard University, following months of talks about a potential settlement. The proposed deal, which would restore federal funding to…
Spirit Airlines on Track for a $475 Million Bankruptcy Lifeline
Spirit Airlines is making “massive progress” in its effort to revitalize the airline, according to its restructuring lawyer, Marshall Huebner. The struggling budget carrier has reached an agreement with some…
YouTube Agrees to Pay Trump $24.5 Million to Settle Lawsuit over Suspended Account
YouTube has agreed to pay $24.5 million to settle a lawsuit involving the suspension of President Donald Trump’s account following the U.S. Capitol riots on January 6, 2021. According to…
DJI Loses Lawsuit over Classification as Chinese Military Company
A federal judge has rejected drone maker DJI’s efforts to get off a Department of Defense (DoD) list of Chinese military companies. On Friday, U.S. District Judge Paul Friedman ruled…
Spotify Denies Recent Accusation That It Changed Its Terms for Artists
Spotify has publicly addressed misinformation circulating about its terms of use, reassuring users that it has not modified its policies to permit the transfer of rights to artists’ music to…
Amazon Agrees to Pay $1.5 Billion to Millions of Customers Over ‘Deceptive’ Prime Sign-ups
Amazon has agreed to a $2.5 billion settlement with the Federal Trade Commission (FTC), which had taken the company to court over allegedly “deceptive” Prime membership sign-ups. The regulatory agency…
Tesla Asks EPA Not to Roll Back Emissions Rules as Trump Calls Climate Change a ‘Con Job’
Tesla has asked the Environmental Protection Agency (EPA) not to roll back current vehicle emissions standards, a position that sets it apart from other major automakers who want to see…
TikTok Child Data Protection Inadequate, Canadian Privacy Officials Say
A Canadian investigation has found that TikTok’s efforts to prevent children from using the app and to protect their personal data have been inadequate. The joint probe, conducted by Canada’s…
India Court Rejects X’s ‘Free Speech’ Argument, Backs Government Takedown Powers
An Indian court has dismissed an attempt by Elon Musk’s X to challenge the Indian government’s content takedown orders, ruling that the social media platform, as a foreign company, does…
Trump Administration Wants 10% Stake in American Lithium Miner That Sells to GM
The Trump administration, despite its rhetoric on the “green new scam,” is reportedly seeking a significant stake in what promises to be the largest lithium mine in the Western Hemisphere.…