Business

Perplexity AI is reportedly in late-stage talks to raise $500 million at a $14 billion valuation, a source familiar with the situation confirmed to CNBC on Monday. According to the…

On Tuesday, Robinhood announced it is acquiring WonderFi, a Canadian leader in the cryptocurrency space, for CA$250 million (approximately $178.56 million) in an all-cash transaction. This move marks Robinhood’s strategic…

Nissan, Japan’s third-largest automaker, just announced that they’ll be cutting even more jobs. Nearly all of them plan to shrink their manufacturing footprint as part of overall companywide cost-saving measures.…

Federal safety investigators have sent Tesla a detailed list of questions about its upcoming robotaxi service, focusing on how the company’s Full Self-Driving (Supervised) software performs in low-visibility conditions. The…

Texas Attorney General Ken Paxton is making waves with a big announcement. On Tuesday, he announced a landmark $1.375 billion settlement with Google over the company’s illegal use of Texans’…

Apple Inc. is preparing to unveil its new iPhone lineup this fall. If recent reports are to be believed, the company is looking to increase prices for these offerings. The…

OpenAI is currently in “a tough negotiation” with one of its biggest investors and partners, Microsoft, according to the Financial Times. The AI startup recently announced significant changes to its…

This followed a quarter in which Apple Inc. announced spectacular growth in its revenue from the U.S. App Store. In 2024, the company took in upwards of $10.1 billion in…

Foxconn, the world’s largest contract electronics manufacturer, has made further moves into EV production with an announcement that it plans to start making EVs for Mitsubishi Motors. In a big…

Eddy Cue, the senior vice president of internet software and services at Apple Inc., has triggered a wave of uncertainty regarding traditional search engines. Delivering a keynote address at the…

While at COP28, Amazon announced a $4 billion investment to build out its Amazon Web Services (AWS) infrastructure in Chile. Onboarding AWS customers The new initiative facilitates engagement with both…

Sadly, the Trump administration is reportedly considering phasing out the Energy Star program entirely. This program has gained national acclaim among both consumers and their representatives for saving consumers hundreds…

Well, this week, Disney made the news of the year with plans to build a new theme park resort in Abu Dhabi. This represents a huge creative expansion of their…

Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, just dropped a bombshell. He’s retiring at the end of this year. At age 94, Buffett has turned Berkshire Hathaway…

Elon Musk’s SpaceX on the verge of turning Starbase, Texas, into a city. They are waiting on the local voters’ green light to take the next steps. The proposed city…

Uber CEO Dara Khosrowshahi made waves last week when he announced a new flex-office policy. Now, employees will be required to work in the office at least three days a…

This was especially true for Tesla’s sales in Germany which took a dramatic plunge in April 2025 as the company sold a measly 885 vehicles [autoevolution.com]. This number equates to…

Uber has announced its third partnership with a Chinese autonomous vehicle company, signaling its commitment to global expansion in the emerging robotaxi sector. This week, Uber revealed a partnership with…

Tesla surprised just about everyone when it recently took the wraps off a new variant of its hugely popular Model Y, the Long Range Rear-Wheel Drive. This new addition to…

As many readers know, OpenAI is currently embroiled in a closely watched, high-profile lawsuit with Elon Musk. He charges the nonprofit organization with straying from its initial nonprofit charter—to create…