Supermarket Giants Rally Behind Farmers in Inheritance Tax Dispute
Britain’s biggest supermarket chains, including Tesco, Aldi, and Lidl, have united in support of British farmers amidst a contentious dispute with the government over proposed inheritance tax changes outlined in…
Google Strengthens XR Ambitions with $250 Million HTC Acquisition
Google has announced its strategic acquisition of a segment of HTC’s extended reality (XR) business for $250 million. This move marks a significant step in Google’s efforts to enhance its…
Neko Health Secures $260 Million Funding, Eyes Global Expansion
Neko Health, a cutting-edge health technology startup co-founded by Spotify’s Daniel Ek, has successfully raised $260 million in a Series B funding round, which values the company at $1.8 billion…
Meta Secures Temporary Reprieve in India Over WhatsApp Data Sharing Ban
Meta, the parent company of WhatsApp, has won a temporary reprieve in India, a critical market for the tech giant. The National Company Law Appellate Tribunal (NCLAT) has suspended restrictions…
Hindustan Unilever Bolsters Beauty Portfolio with $342M Minimalist Acquisition
Hindustan Unilever announced its agreement to acquire beauty startup Minimalist for approximately $342 million, marking a significant expansion in its premium beauty segment. The deal, set to close in the…
Delaware Judge Sanctions Former Meta COO Sheryl Sandberg Over Alleged Email Deletion
A Delaware judge has sanctioned Sheryl Sandberg, the former Chief Operating Officer and board member of Meta Platforms, for allegedly deleting emails tied to the Cambridge Analytica privacy scandal. This…
Trump Considers Musk or Ellison for TikTok Takeover as U.S. Deadline Looms
Elon Musk and Larry Ellison have emerged as potential buyers for TikTok, as former President Donald Trump expressed openness to their acquisition of the popular social media platform. This development…
Netflix Boosts Profits and Subscribers, Announces Price Hikes Across Several Countries
Netflix has announced a surge in both profits and subscriber numbers, prompting plans to increase prices in various markets worldwide. Between October and December 2024, the streaming giant saw its…
Employer.com and MrBeast Lead All-Cash Bid to Acquire TikTok Amid Uncertainty
In a bold move to save TikTok, Employer.com, led by CEO Jessie Tinsley, has teamed up with renowned YouTuber MrBeast and other partners to submit an all-cash bid for the…
Ford’s BlueCruise Faces Deeper NHTSA Investigation
The National Highway Traffic Safety Administration (NHTSA) has intensified its investigation into Ford’s BlueCruise hands-free driving technology by upgrading the inquiry to an engineering analysis. This decision follows two fatal…
Amazon Continues Cost-Cutting with Layoffs in North America Stores Division
Amazon has announced it is laying off approximately 200 employees in its North America stores division, continuing a trend of cost-cutting measures initiated by CEO Andy Jassy. This latest round…
Honor CEO George Zhao Steps Down, Successor Named
George Zhao, the chief executive of the Chinese smartphone firm Honor, has announced his resignation due to personal reasons. He described the decision as “the most difficult decision” he has…
Whitney Wolfe Herd to Reclaim CEO Role at Bumble in March
Whitney Wolfe Herd, the founder of Bumble, will reclaim her role as CEO of the dating app company in mid-March. This transition follows the resignation of Lidiane Jones, who cited…
Perplexity Expands Horizons with Acquisition of Read.cv
Perplexity, an AI-powered search engine, has acquired Read.cv, a social media platform for professionals. The acquisition marks Perplexity’s continued investment in corporate-focused functionality. The deal, announced via Read.cv’s blog post,…
Microsoft 365 Introduces Copilot AI Amidst First Price Hike in Over a Decade
Microsoft has announced its first price increase for Microsoft 365 in 12 years, attributing the rise to the introduction of Copilot AI capabilities across its suite of applications. Effective immediately,…
Hino Motors to Pay $1.6 Billion in Emissions Scandal Settlement
Hino Motors, a subsidiary of Toyota, has reached a settlement agreement with the U.S. government, pledging to pay $1.6 billion (£1.3 billion) in response to allegations of deceptive practices regarding…
YouTube Pledges $15 Million to Aid LA Community and Creators Affected by Wildfires
Google and YouTube have announced a significant donation of $15 million aimed at supporting the Los Angeles community and content creators impacted by recent wildfires. This initiative was detailed in…
TikTok’s U.S. Operations Attract Billionaire Investors
TikTok, the popular social media platform, has emerged as a significant player in the U.S. mobile user market, boasting approximately 115 million monthly mobile users. While it trails behind Instagram’s…
Supreme Court to Decide TikTok’s Fate Amid Security Concerns
The United States Supreme Court is poised to announce a critical decision on Friday that could determine the future of TikTok in the country. The app, immensely popular among Americans,…
Illinois Electric Truck Charging Initiative Receives $100 Million Boost
The Biden Administration’s Federal Highway Administration (FHWA) has announced a significant investment in electric vehicle infrastructure in Illinois. The Charging for Infrastructure (CFI) program awarded $636 million to 49 applicants…