Business

Billionaire Elon Musk’s AI startup, xAI, is reportedly preparing to launch a $300 million secondary share sale that values the company at $113 billion. The tender offer will allow xAI…

Tesla’s new car sales in Norway jumped 213% in May compared to last year, defying a downward trend seen across Europe, according to data from the Norwegian Road Federation (OFV).…

Elon Musk may have stepped back from his role leading the Department of Government Efficiency and advising President Donald Trump, but he remains active in Washington, D.C. circles. This time,…

During the height of the Covid pandemic, when restaurants nationwide faced unprecedented challenges, DoorDash CEO Tony Xu proposed an unconventional idea: cutting commissions to help struggling restaurants survive. While Chief…

Elon Musk-owned electric vehicle giant Tesla is reportedly “not interested in manufacturing in India,” according to the country’s heavy industries minister, HD Kumaraswamy. This statement came shortly after India issued…

The handheld gaming market is heating up with competitors like the Nintendo Switch 2, Steam Deck, and various portable PC devices gaining traction. Rumors of a PlayStation handheld also swirl,…

Grammarly, the 16-year-old writing assistant startup, has secured a $1 billion commitment from venture firm General Catalyst. Unlike a traditional funding round, General Catalyst will not receive equity in Grammarly.…

Meta AI has hit a significant milestone, reaching one billion monthly active users across its apps, CEO Mark Zuckerberg announced at the company’s annual shareholder meeting on Wednesday. This number…

The New York Times announced Thursday that it has reached a multi-year agreement with Amazon to provide the news organization’s content across various Amazon artificial intelligence platforms. This deal extends…

After temporarily avoiding tariffs, Apple is now subject to a 25% tax on all iPhones manufactured outside the United States. A senior advisor to President Donald Trump recently stated that…

With Apple’s flagship Worldwide Developers Conference (WWDC) just weeks away, the company is signaling a stronger focus on mobile gaming opportunities. Apple already offers Apple Arcade, a subscription-based service that…

Apple has announced the expansion of its Self Service Repair program to include iPads. The program empowers iPad owners to perform repairs at home by providing access to repair manuals,…

AI tools developed by Elon Musk’s company xAI are set to be incorporated into the popular messaging platform Telegram. Telegram’s founder and CEO, Pavel Durov, announced that his company will…

PDD Holdings, the Chinese parent company of online marketplace Temu, has reported a nearly 50% drop in first-quarter profits, citing the impact of US trade policies and intense competition in…

Brazilian authorities have filed a lawsuit against Chinese electric vehicle (EV) manufacturer BYD and two contractors, accusing them of involvement in human trafficking and subjecting workers to conditions “analogous to…

Nielsen’s latest report highlights YouTube’s growing dominance in the television viewing landscape. The platform has maintained the largest share of TV audience time for three months straight, marking a notable…

Tesla’s sales in Europe have fallen sharply this year, and recent data suggest the cause is less about new vehicle models and more about CEO Elon Musk’s controversial public behavior.…

KFC has unveiled plans to create 7,000 new jobs across the UK and Ireland as competition in the fast-food chicken market heats up, with rivals like Wingstop making significant inroads.…

Nike is set to resume selling its products directly on Amazon in the U.S. for the first time since 2019, CNBC has confirmed. In 2019, Nike and several other major…

Tesla shares jumped nearly 7% on Tuesday after CEO Elon Musk emphasized over the weekend his intention to concentrate fully on his businesses, particularly Tesla, xAI, and the social platform…