U.S. Music Streaming Subscribers Hit 100 Million for the First Time
The U.S. has officially crossed a major milestone in music streaming, reaching over 100 million paid subscribers for the first time, according to a recent report by the Record Industry…
Amazon Claims No Responsibility for Hazardous Products in Ongoing Legal Battle
Amazon has filed a lawsuit against the U.S. Consumer Product Safety Commission (CPSC) over its order demanding the recall of hazardous products sold through Amazon’s platform. The lawsuit, which was…
Apple Loses Battle Against Germany’s Special Regulation on Big Tech
Apple has faced a significant setback in its legal battle against the competition regulations imposed on it by Germany’s Federal Cartel Office (FCO). On Tuesday, Reuters reported that Germany’s Federal…
Canadians Rally in ‘Tesla Takedown’ to Oppose Musk and Trump Influence
In several Canadian cities, including Ottawa and Vancouver, residents have participated in the “Tesla Takedown” protests to voice their discontent with CEO Elon Musk and his involvement with U.S. President…
Google Settles Lawsuit Over Racial Discrimination with $28m Agreement
Google has agreed to pay $28 million (£21.5 million) to settle a lawsuit accusing the company of paying and offering career opportunities unfairly, benefiting white and Asian employees over workers…
Google Expands Cybersecurity Reach with $32B Acquisition of Wiz
In the biggest acquisition of its history, Google’s parent company, Alphabet, has confirmed the $32 billion purchase of cloud security startup Wiz. The deal is an all-cash transaction, with a…
Forever 21 to Close All U.S. Stores, Cites Shein and Temu Competition
On Sunday, Forever 21 filed for bankruptcy protection for the second time in six years, blaming fast-fashion competitors Shein and Temu for its downfall. The company’s operating unit plans to…
Starlink Turns to Trump for Help Breaking Through Global Trade Hurdles
SpaceX is asking the Trump administration to help dismantle trade barriers that could stymie the global growth of its Starlink satellite internet service. The company expressed concerns about the increasing…
Adobe Faces Stock Drop as Investors Worry About AI Monetization
Adobe shares closed down 14% following the company’s quarterly earnings report as investors fretted over lingering growth concerns and the software maker’s artificial intelligence monetization strategy. The sell-off came despite…
Meta Blocks Former Director from Promoting Critical Memoir
Meta has successfully obtained an emergency ruling in the United States to temporarily halt Sarah Wynn-Williams, a former director, from promoting or further distributing her memoir. This ruling, which restricts…
Google Advocates for Looser Copyright and Export Regulations in AI Proposal
Google has made a strong appeal to the U.S. government to establish federal legislation on artificial intelligence (AI) that would promote innovation while ensuring privacy and security. The tech giant…
The Unexpected Consequences of Trump’s Minerals ‘Deal of the Century’
The United States is grappling with a significant weakness in rare earths and critical minerals, including cobalt and nickel. In response, the Inflation Reduction Act (IRA) has been enacted to…
Uber Ends Foodpanda Taiwan Deal After Antitrust Concerns
Uber Technologies announced on Tuesday that it has terminated its acquisition of Delivery Hero’s Foodpanda in Taiwan. The move follows a decision by Taiwan’s Fair Trade Commission (FTC) to block…
Trump Chooses New Tesla on White House Driveway to Show Support for Elon Musk
In a move that underscores the intertwining of business acumen and political strategy, former President Donald Trump showcased his support for Elon Musk by selecting a new Tesla on the…
DOGE Chief Elon Musk Says Running Businesses Is a Struggle as Tesla Shares Plunge
Elon Musk, the prominent chief of DOGE, acknowledged the challenges he faces in managing his businesses, describing the experience as “with great difficulty.” This revelation comes amid a significant downturn…
OpenAI Makes Strategic Move by Investing $12B in CoreWeave to Compete with Microsoft
OpenAI is ramping up its competition with Microsoft for enterprise customers by investing heavily in artificial intelligence (AI) advancements and strategic partnerships. The company is reportedly working on the rollout…
SpaceX Moves Closer to Launching Starlink in India
SpaceX has entered into a strategic agreement with Bharti Airtel to bring its Starlink satellite internet service to India. This collaboration marks a significant milestone for SpaceX, contingent upon receiving…
Musk’s Tesla Facilities in US Targeted by ‘Takedown’ Protests
The Department of Government Efficiency (Doge), established by President Donald Trump, is at the center of a national debate due to its cost-cutting initiatives and the growing influence of Elon…
Judge Lets Authors’ AI Copyright Lawsuit Against Meta Proceed
In a significant legal development, U.S. District Judge Vince Chhabria has decided to allow an AI-related copyright lawsuit against Meta Platforms to proceed. Filed by notable authors including Richard Kadrey,…
Elon Musk says his involvement with DOGE is complicating business management
Elon Musk’s involvement with the Department of Government Efficiency (DOGE) is reportedly complicating the management of his various business enterprises. DOGE, an initiative launched by former President Donald Trump, aims…