Business

It’s been an open secret in fintech circles that Darragh Buckley, founder and CEO of the banking-as-a-service (BaaS) startup Increase, has long aimed to “buy a bank.” Recently, he effectively…

Perplexity has introduced its most powerful subscription tier yet, called Perplexity Max, priced at the higher end of the market. Features of Perplexity Max Announced in a Wednesday blog post,…

Microsoft revealed on Wednesday it will lay off roughly 9,000 employees worldwide. This represents under 4% of its global workforce and impacts various teams, regions, and experience levels, a source…

Amazon founder Jeff Bezos sold over 3.3 million shares of the company in a transaction valued at approximately $736.7 million, according to a financial filing made public on Tuesday. Stock…

Design software company Figma officially filed for an initial public offering (IPO) on Tuesday, planning to trade on the New York Stock Exchange under the symbol “FIG.” The move follows…

President Donald Trump revealed Sunday that a group of “very wealthy people” is poised to purchase the short-form video app TikTok. “We have a buyer for TikTok, by the way,”…

Lululemon Athletica Canada Inc. has filed a lawsuit accusing Costco Wholesale Corp. of infringing on its intellectual property by selling counterfeit versions of some of its best-known products. The lawsuit,…

Canada’s largest private sector union, Unifor, has announced the end of a three-week lockout and strike at DHL Express Canada after workers ratified a new four-year agreement. The contract was…

The federal government has directed Chinese surveillance camera manufacturer Hikvision to shut down its Canadian operations and leave the country due to national security concerns. Industry Minister Mélanie Joly announced…

Meta is intensifying its recruitment efforts by bringing in more talent from OpenAI. Following the recent hiring of prominent OpenAI researcher Trapit Bansal, new reports indicate that Meta has added…

Sportscar manufacturer Lotus is reportedly reviewing plans to shift production away from its UK headquarters in Hethel, Norfolk, to a new facility in the United States. Such a move could…

Meta has significantly increased its renewable energy holdings with new agreements adding more than 1 gigawatt of solar and wind power capacity. On Thursday, Meta announced a purchase of 791…

The BBC has introduced a subscription paywall for users accessing its website from the United States. Starting now, US visitors to BBC.com will need to pay $49.99 annually or $8.99…

Omead Afshar, Tesla’s vice president responsible for sales and manufacturing in North America and Europe, has reportedly been fired by CEO Elon Musk, according to Forbes. The reasons for Afshar’s…

Jeff Bezos appears to be leveraging the recent public feud between President Donald Trump and Elon Musk, according to a report from The Wall Street Journal. The Amazon founder has…

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…