Business

Shares of China’s Xiaomi, listed in Hong Kong, jumped more than 5% on Friday, reaching a record high just one day after the company unveiled its new electric vehicle that…

A federal judge sided with Meta on Wednesday in a lawsuit filed by 13 authors, including Sarah Silverman, who alleged the company unlawfully trained its AI models using their copyrighted…

Meta CEO Mark Zuckerberg once personally ensured Facebook’s participation in San Francisco Pride, the largest LGBTQ+ parade and a symbol of advocacy and social justice. In 2015, when Facebook’s real-name…

Nvidia CEO Jensen Huang sold 100,000 shares of the company’s stock on Friday and Monday, according to a filing with the U.S. Securities and Exchange Commission (SEC). The sales are…

Amazon announced on Tuesday that it is expanding its Same-Day and Next-Day delivery services to more than 4,000 small cities and towns across rural America. This expansion will bring faster…

ByteDance, the parent company of TikTok, is winding down its book publishing imprint, 8th Note Press, according to industry reports. The press was launched in 2023 as an extension of…

While Apple remained silent on AI during its WWDC 2025 keynote, Bloomberg reports that internally, the company is actively exploring options to strengthen its AI capabilities. Discussions led by Apple’s…

Amazon revealed plans to invest £40 billion ($54 billion) in the UK over the next three years. This funding will go toward building four new fulfillment centers, upgrading existing facilities,…

Apple is being sued again over delays in its Apple Intelligence features, this time through a federal securities class-action lawsuit. The suit represents investors who purchased Apple shares between June…

Tesla has signed its first deal to build a grid-scale battery power plant in China, marking a significant move amid ongoing trade tensions between Beijing and Washington. The U.S. company…

Microsoft is preparing to cut thousands of jobs in the coming weeks, according to sources familiar with the plans reported by Bloomberg. The announcement is expected early next month, coinciding…

After Meta’s $14.3 billion investment in Scale AI last week, which included hiring founder Alexandr Wang, the company’s aggressive AI talent push has expanded to include Daniel Gross, CEO of…

OpenAI announced Monday that the U.S. Department of Defense (DoD) has awarded it a contract valued up to $200 million to develop prototype systems that leverage its advanced AI models…

DHL Express Canada is set to suspend operations across the country this week amid an ongoing strike and lockout involving 2,100 truck drivers and other workers. The company announced it…

Google experienced a setback Thursday when Juliane Kokott, advocate general at the European Court of Justice (ECJ), recommended dismissing the company’s appeal against a record €4.1 billion ($4.7 billion) antitrust…

Amazon has announced that Prime Day 2025 will take place from July 8 to July 11, extending the popular annual sale event to four days for the first time. Shoppers…

Taiwan has placed China’s major chipmakers Huawei and SMIC on its trade blacklist, signaling a significant move to align more closely with U.S. trade restrictions amid escalating tensions with Beijing.…

OpenAI and Microsoft appear to be approaching a turning point in their partnership, according to reports citing anonymous sources. Internal discussions at OpenAI have considered publicly accusing Microsoft of anticompetitive…

OpenAI has been granted a $200 million contract to provide artificial intelligence tools to the U.S. Defense Department. This one-year deal marks OpenAI’s first contract listed on the Department of…

Elon Musk’s social media platform X has filed a lawsuit against New York state challenging a law that requires social media companies to disclose how they monitor and manage hate…