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Texas Wins $1.375 Billion Settlement from Google Over Biometric Data Collection

Texas Attorney General Ken Paxton is making waves with a big announcement. On Tuesday, he announced a landmark $1.375 billion settlement with Google over the company’s illegal use of Texans’…

Apple Plans to Increase Prices for Upcoming iPhone Models

Apple Inc. is preparing to unveil its new iPhone lineup this fall. If recent reports are to be believed, the company is looking to increase prices for these offerings. The…

Microsoft and OpenAI Likely Renegotiating Their Partnership

OpenAI is currently in “a tough negotiation” with one of its biggest investors and partners, Microsoft, according to the Financial Times. The AI startup recently announced significant changes to its…

Apple’s 2024 US App Store Earnings Surpass $10B as Challenges Loom for This Cash Cow

This followed a quarter in which Apple Inc. announced spectacular growth in its revenue from the U.S. App Store. In 2024, the company took in upwards of $10.1 billion in…

iPhone Maker Foxconn Announces Plan to Build Mitsubishi EVs

Foxconn, the world’s largest contract electronics manufacturer, has made further moves into EV production with an announcement that it plans to start making EVs for Mitsubishi Motors. In a big…

Alphabet Shares Drop 7% After Apple’s Cue Predicts AI Will Replace Search Engines

Eddy Cue, the senior vice president of internet software and services at Apple Inc., has triggered a wave of uncertainty regarding traditional search engines. Delivering a keynote address at the…

Amazon Invests $4B to Launch AWS Infrastructure Region in Chile

While at COP28, Amazon announced a $4 billion investment to build out its Amazon Web Services (AWS) infrastructure in Chile. Onboarding AWS customers The new initiative facilitates engagement with both…

Energy Star Program Faces Potential Shutdown Under Trump Administration

Sadly, the Trump administration is reportedly considering phasing out the Energy Star program entirely. This program has gained national acclaim among both consumers and their representatives for saving consumers hundreds…

Disney Unveils Plans for Theme Park and Resort in Abu Dhabi

Well, this week, Disney made the news of the year with plans to build a new theme park resort in Abu Dhabi. This represents a huge creative expansion of their…

Warren Buffett Announces Retirement from Berkshire Hathaway at 94

Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, just dropped a bombshell. He’s retiring at the end of this year. At age 94, Buffett has turned Berkshire Hathaway…

Elon Musk’s Starbase in Texas Set to Become a City

Elon Musk’s SpaceX on the verge of turning Starbase, Texas, into a city. They are waiting on the local voters’ green light to take the next steps. The proposed city…

Uber CEO Defends Employee Benefits Changes as a Necessary Risk

Uber CEO Dara Khosrowshahi made waves last week when he announced a new flex-office policy. Now, employees will be required to work in the office at least three days a…

Tesla Faces Significant Sales Decline in Germany as BYD Gains Traction

This was especially true for Tesla’s sales in Germany which took a dramatic plunge in April 2025 as the company sold a measly 885 vehicles [autoevolution.com]. This number equates to…

Uber turns to Chinese companies to snap up robotaxi market share in Europe, Middle East

Uber has announced its third partnership with a Chinese autonomous vehicle company, signaling its commitment to global expansion in the emerging robotaxi sector. This week, Uber revealed a partnership with…

Tesla Introduces New Affordable Variant of Model Y

Tesla surprised just about everyone when it recently took the wraps off a new variant of its hugely popular Model Y, the Long Range Rear-Wheel Drive. This new addition to…

OpenAI’s Restructuring Plan and What It Means for Its Corporate Future

As many readers know, OpenAI is currently embroiled in a closely watched, high-profile lawsuit with Elon Musk. He charges the nonprofit organization with straying from its initial nonprofit charter—to create…

Uber set to acquire 85% of Turkish food delivery platform for $700 million

Uber Technologies Inc. has plans to buy an 85% stake in the Turkish food delivery app Trendyol GO. The deal is worth about $700 million in cash. With this move,…

Temu and Shein face massive tariffs but remain strong contenders in the U.S. e-commerce market, experts say

China-based Temu and Shein, two of the most disruptive new entrants in recent U.S. e-commerce history, are preparing for a whiplash-inducing reversal on their home courts. The Trump administration plans…

India Concerned Over Chinese ‘Dumping’ Amid Escalating Trade Tensions

India’s government must contend with a large and growing trade deficit. As a consequence their trade deficit with China has just rocketed to an eye-popping $100 billion (£75 billion). This…

Rivian Cuts Delivery Guidance Due to Tariffs and Trade Wars

Rivian Automotive, the electric adventure vehicle-maker, just lowered its delivery guidance for 2025. The company lists economic pressures and increased capital expenditures due to tariffs as primary drivers for this…