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’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…
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…
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…
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…
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…