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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…

Nearly 200,000 BMWs, Toyota Supras Recalled for Starter Fire Hazard

Almost 200,000 vehicles, primarily BMWs and a small number of Toyota Supras, are being recalled in the United States due to a fire hazard linked to their engine starters. According…

Tesla’s Continuing Sales Slump in Europe Weighs on Stock Price

Tesla shares fell more than 4% on Thursday after new data from Europe showed a continuing sales slump for the automaker, despite strong demand for fully electric vehicles in the…

Labubu-Maker Pop Mart to Open First Canadian Store at B.C. Mall

The Chinese toy maker behind the popular Labubu dolls will soon open its first store in Canada. Pop Mart’s debut Canadian location will be at the CF Richmond Centre mall…

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…

SpaceX Spotted Offering Free Starlink Mini Dish to Select Users

SpaceX has been offering a free Starlink Mini dish to some of its customers as part of a new promotion. The deal has been appearing through a pop-up on the…

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…

Labubu Dolls Make Up 90% of Fake Toys Seized at UK Border

Fake Labubu dolls accounted for 90% of the £3.5 million worth of counterfeit toys seized at the UK border so far this year, according to data from the Intellectual Property…

Government Could Buy Car Parts to Protect Jaguar Land Rover Suppliers

Ministers are considering stepping in to support Jaguar Land Rover’s suppliers after the carmaker was forced to suspend production due to a cyber-attack. The attack at the end of August…

Amazon Agrees to Pay $2.5 Billion Over Claims It Tricked Prime Customers

Amazon has agreed to pay $2.5 billion to resolve claims brought by the U.S. government that it tricked millions of people into signing up for Prime memberships and then made…

Starbucks to Close Some US and UK Stores

Starbucks has announced that it will cut approximately 900 U.S. jobs and close its worst-performing stores in the U.S. and some in the U.K. as part of a cost-saving initiative.…

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.…

Cohere Hits $7B Valuation a Month After Its Last Raise, Partners with AMD

Enterprise AI model maker Cohere announced on Wednesday that it has raised an additional $100 million in funding, bringing its valuation to $7 billion. This new capital is an extension…