Fox Ventures Into Streaming with ESPN “Flagship” Launch
Fox Corp is set to make a significant leap into the direct-to-consumer streaming sector with plans to launch an all-inclusive ESPN service, unofficially named “Flagship,” in August. This move marks…
Shein Makes a Fashionable Comeback in India with Strategic Reliance Retail Partnership
Shein, the Chinese fashion behemoth, has re-entered the Indian market after a five-year hiatus. The company was previously banned by Delhi due to data security concerns amidst geopolitical tensions. With…
Musk’s Team Granted Access to Critical Federal Payment Systems
The Trump administration’s recent decision to grant access to the federal payments system to deputies of billionaire Elon Musk has stirred significant controversy and concern. This system, which manages the…
Trump Pauses Trade Measures for Canada and Mexico
In a significant development in U.S.-Canada trade relations, President Donald Trump announced a pause on planned tariffs for imports from Canada and Mexico for at least 30 days. This decision…
Samsung’s Jay Y. Lee Cleared of Charges in High-Profile Merger Case
In a landmark ruling, a Seoul appeals court has upheld the acquittal of Samsung Electronics Executive Chairman Jay Y. Lee in a case involving accounting fraud and stock manipulation related…
Riot Secures $30 Million to Enhance Employee Cybersecurity Solutions
French startup Riot has successfully raised $30 million in a Series B funding round, signaling its commitment to transforming the landscape of employee cybersecurity. This funding will allow the company…
Trump Explores Sovereign Wealth Fund to Facilitate TikTok Purchase
President Donald Trump is currently engaged in discussions with multiple stakeholders interested in acquiring TikTok, the popular social media platform facing scrutiny in the United States. Microsoft has emerged as…
DeepSeek Faces Global Bans Amid Security Concerns
DeepSeek, a rapidly growing AI company known for its chatbot applications and viral models, is facing increasing scrutiny and outright bans from a wide range of countries and government bodies.…
Meta Launches New AI Risk Framework to Enhance Safety
Meta Platforms, Inc. has announced a significant shift in its artificial intelligence (AI) development strategy, identifying two categories of AI systems deemed too risky for public release. These categories, classified…
Asya Bradley Joins Stripe as Head of Startup and VC Partnerships
Asya Bradley has been appointed as the new head of Startup & Venture Capital Partnerships at Stripe, the prominent financial technology company. Her extensive background as a fintech founder and…
Ontario Suspends $68M Starlink Contract as US-Canada Tensions Escalate
In a dramatic turn of events, Ontario’s Premier Doug Ford announced the province would “rip up” its $68 million contract with Elon Musk’s Starlink satellite internet service. This decision stemmed…
Adam Candeub Set to Join FCC as General Counsel Amid Ongoing Debates on Big Tech Regulation
Adam Candeub, a prominent critic of Big Tech and advocate for regulatory reform, is poised to join the Federal Communications Commission (FCC) as its general counsel. His appointment, confirmed by…
Microsoft Secures Long-Term Carbon Credit Agreement with Chestnut Carbon
Microsoft has committed to purchasing over 7 million tons of carbon credits from Chestnut Carbon, detailing a 25-year partnership aimed at supporting reforestation efforts across 60,000 acres in Arkansas, Louisiana,…
Amazon Music Unlimited Subscription Fees Increase
Amazon has announced an increase in the subscription fees for its Amazon Music Unlimited service. The price for the Individual plan available to Prime members will rise from $9.99 to…
Meta Reports No Impact on Ad Revenue Following Fact-Checking Removal
Meta has announced that its decision to discontinue its fact-checking program has not affected advertiser spending. During the Q4 2024 earnings call, Meta’s CFO, Susan Li, reassured investors of strong…
Elon Musk Announces Tesla’s Robotaxi Service Launch in Austin This June
Tesla CEO Elon Musk announced on Wednesday that the company plans to launch a paid robotaxi service in Austin, Texas, using its fleet vehicles in June, continuing his history of…
Threads Increases User Base by 20 Million in Just One Month
Meta’s microblogging service, Threads, continues its rapid growth trajectory, outpacing rivals like X. During Meta’s fourth-quarter earnings presentation, CEO Mark Zuckerberg announced that Threads now boasts 320 million monthly active…
X Partners with Visa to Power Payments on X Money
Elon Musk’s social media platform, X, is taking a big step towards becoming a financial hub. They’ve just announced a partnership with Visa to handle person-to-person payments for their upcoming…
Bill Gates Criticizes Musk for Political Influence in Europe
Microsoft founder Bill Gates weighed in on his fellow billionaire Elon Musk’s international political ambitions, twice calling the Tesla and SpaceX owner’s support for far-right movements abroad “insane.” Gates on…
Meta Offers Creators Deals to Promote Instagram Across Other Video Apps
Meta is offering deals to creators to promote Instagram on other short-form video apps, including TikTok, Snapchat, and YouTube, CNBC has learned. With TikTok currently unavailable for download in the…