Business

Nike’s current turnaround strategy is demonstrating initial positive signs, but it will “take a while” for the company to return to a period of profitable growth, according to CEO Elliott…

The Supreme Court on Monday declined to consider an appeal filed by Laura Loomer, a prominent far-right influencer and ally of President Donald Trump, who had sued social media companies…

AMD has formalized a multi-year chip supply agreement with OpenAI that has the potential to generate tens of billions of dollars in revenue for the chipmaker, significantly accelerating its standing…

LinkedIn has filed a lawsuit against a software firm it accuses of operating a network of millions of fake accounts to scrape data from its members and then selling that…

Tesla delivered 497,099 vehicles over the last three months, a figure announced on Thursday that marks the company’s best quarter of deliveries ever. This represents a massive 29% jump from…

Asian fast-fashion giant Shein has chosen France as the location to open its first permanent physical outlets. The company, which has primarily operated online, will occupy “shop-in-shop” concessions first in…

OpenAI has finalized a secondary share sale totaling $6.6 billion, a transaction that allows current and former employees to sell stock at a record $500 billion valuation. This latest valuation…

Taiwan will not accept a proposal from Washington to locally manufacture half the chips it currently supplies to the U.S., the island’s top trade negotiator said. Speaking to reporters on…

Elon Musk has become the first person ever to achieve a net worth of more than $500 billion (£370.9 billion), a new milestone driven by a rebound in Tesla’s stock…

Apple is attempting to get a judge to toss a lawsuit brought by Elon Musk’s xAI that accuses the company of anti-competitive favoritism on its App Store charts. In August,…

NASA is requiring employees involved in Artemis missions with contractors SpaceX and Blue Origin to stay on the job during the government shutdown. According to an email sent to staffers,…

Google has laid off more than 100 employees in design-related roles, according to internal documents. The cuts, which took place earlier this week, affected staff in the cloud division’s “quantitative…

OpenAI has redefined what momentum and risk look like in the artificial intelligence arms race. In a rapid-fire series of announcements, the company unveiled partnerships involving staggering sums of money…

The Trump administration has announced a deal with pharmaceutical giant Pfizer that will allow patients to buy prescription drugs at discounted prices via a new federal government website called TrumpRx.…

The Walt Disney Company has sent a cease and desist letter to Character.AI, warning the artificial intelligence startup to stop using copyrighted characters without authorization. A Disney spokesperson confirmed the…

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…

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 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 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…

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…