Business

ByteDance, the parent company of TikTok, is winding down its book publishing imprint, 8th Note Press, according to industry reports. The press was launched in 2023 as an extension of…

While Apple remained silent on AI during its WWDC 2025 keynote, Bloomberg reports that internally, the company is actively exploring options to strengthen its AI capabilities. Discussions led by Apple’s…

Amazon revealed plans to invest £40 billion ($54 billion) in the UK over the next three years. This funding will go toward building four new fulfillment centers, upgrading existing facilities,…

Apple is being sued again over delays in its Apple Intelligence features, this time through a federal securities class-action lawsuit. The suit represents investors who purchased Apple shares between June…

Tesla has signed its first deal to build a grid-scale battery power plant in China, marking a significant move amid ongoing trade tensions between Beijing and Washington. The U.S. company…

Microsoft is preparing to cut thousands of jobs in the coming weeks, according to sources familiar with the plans reported by Bloomberg. The announcement is expected early next month, coinciding…

After Meta’s $14.3 billion investment in Scale AI last week, which included hiring founder Alexandr Wang, the company’s aggressive AI talent push has expanded to include Daniel Gross, CEO of…

OpenAI announced Monday that the U.S. Department of Defense (DoD) has awarded it a contract valued up to $200 million to develop prototype systems that leverage its advanced AI models…

DHL Express Canada is set to suspend operations across the country this week amid an ongoing strike and lockout involving 2,100 truck drivers and other workers. The company announced it…

Google experienced a setback Thursday when Juliane Kokott, advocate general at the European Court of Justice (ECJ), recommended dismissing the company’s appeal against a record €4.1 billion ($4.7 billion) antitrust…

Amazon has announced that Prime Day 2025 will take place from July 8 to July 11, extending the popular annual sale event to four days for the first time. Shoppers…

Taiwan has placed China’s major chipmakers Huawei and SMIC on its trade blacklist, signaling a significant move to align more closely with U.S. trade restrictions amid escalating tensions with Beijing.…

OpenAI and Microsoft appear to be approaching a turning point in their partnership, according to reports citing anonymous sources. Internal discussions at OpenAI have considered publicly accusing Microsoft of anticompetitive…

OpenAI has been granted a $200 million contract to provide artificial intelligence tools to the U.S. Defense Department. This one-year deal marks OpenAI’s first contract listed on the Department of…

Elon Musk’s social media platform X has filed a lawsuit against New York state challenging a law that requires social media companies to disclose how they monitor and manage hate…

Meta CEO Mark Zuckerberg has launched an aggressive hiring campaign to build a top-tier AI superintelligence team. Led by former Scale AI CEO Alexandr Wang and located near Zuckerberg’s office,…

Robotaxis promised to lower transportation costs by reducing labor expenses, but data shows Waymo’s rides remain significantly pricier than Uber and Lyft. New research gives a clearer picture of the…

Meta’s significant investment in Scale AI appears to be causing some of the startup’s customers to reconsider their relationships. Reuters reports that Google, which had planned to pay Scale AI…

For nearly a decade, Amazon has pursued a foothold in the complex U.S. health-care market through acquisitions, partnerships, and key hires. Now, following several executive departures, the company is restructuring…

SpaceX has hit a significant milestone by producing 10 million Starlink satellite internet dishes, marking rapid growth in manufacturing capacity. Accelerated Production Pace Sujay Soman, a senior facilities manager at…