Business

Elon Musk has purchased around $1 billion (£735m) worth of Tesla shares, his first open market stock buy since 2020. The filing, disclosed on Monday, showed Musk picked up roughly…

Alphabet has joined the small group of companies with a $3 trillion market capitalization. Shares of the Google parent company surged more than 4% on Monday, closing with a valuation…

A framework agreement has been reached between the United States and China on the ownership of TikTok, U.S. Treasury Secretary Scott Bessent confirmed after weekend trade talks in Madrid. The…

Elon Musk’s AI startup, xAI, laid off 500 employees on Friday night, according to internal emails obtained by Business Insider. The messages informed staff of an immediate “strategic pivot,” as…

Elon Musk’s Boring Company has paused construction on its Las Vegas airport tunnel following a serious incident late Wednesday night. A worker sustained what officials described as a “crushing injury,”…

OpenAI announced Thursday it has reached a nonbinding agreement with Microsoft, its largest investor, to move its for-profit arm into a public benefit corporation (PBC). The shift, if approved by…

Neil Vogel, CEO of People Inc. — the largest digital and print publisher in the U.S. — has accused Google of unfairly using publishers’ content to train its AI tools.…

The European Commission has accepted Microsoft’s pledge to unbundle Teams from its Office and Microsoft 365 productivity suites, ending a years-long antitrust investigation without fines. The probe began in 2020…

Apple announced that its iPhone 17 series will officially launch worldwide on September 19, with preorders for most countries beginning this Friday. However, the iPhone Air — the first model…

Costco Wholesale Corp. has denied accusations from Lululemon Athletica Inc. that it infringed on the athleticwear company’s intellectual property by selling alleged knockoffs of its popular clothing. Costco’s Defense In…

Perplexity, the AI-powered search startup challenging Google, has secured $200 million in fresh funding at a $20 billion valuation, according to The Information. The deal comes just two months after…

Oracle shares soared after hours following news that the company signed several multi-billion-dollar contracts. One of those customers appears to be OpenAI. OpenAI’s $300 Billion Compute Deal According to the…

SpaceX CEO Elon Musk hinted that Starlink could evolve into a full-fledged mobile carrier following a $17 billion agreement to acquire radio spectrum from EchoStar, parent company of Boost Mobile.…

OpenAI is set to argue in an Ontario courtroom that a copyright lawsuit filed by Canadian news publishers over its ChatGPT system should instead be heard in the United States.…

At a White House dinner with tech executives, President Donald Trump congratulated Google CEO Sundar Pichai and co-founder Sergey Brin on Alphabet’s recent win in a landmark antitrust case. “Well,…

Tesla is once again asking its investors to approve a massive compensation plan for CEO Elon Musk. The package, valued at up to $975 billion, would be tied to a…

Microsoft announced on Tuesday that employees will be required to return to the office three days a week beginning next year. Policy Details The new rule takes effect in February…

Tesla is introducing new versions of its utility-scale batteries in a bid to regain momentum in its energy-storage division. Megapack 3: More Power, Longer Life The new Megapack 3 battery…

Anthropic’s $1.5 billion offer to settle a copyright lawsuit brought by authors has been delayed, with a federal judge refusing to approve the deal until more details are provided. Judge…

Shares of advertising technology company AppLovin and trading platform Robinhood Markets each jumped about 7% in extended trading on Friday after S&P Global confirmed both will be added to the…