Uber was judged to be at fault in a sexual assault case and was mandated to pay $8.5 million.
In a 2023 sexual assault case, a federal jury this week ruled Uber legally liable, directing the ridesharing giant to reimburse a woman who claimed
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
The EU demands adjustments to protect users after accusing TikTok of “addictive design” that hurts minors.
In preliminary accusations that go right to the core of the well-known video-sharing app’s business model, the European Union accused TikTok on Friday of violating
Europe fights for digital autonomy from U.S. Big Tech firms.
Civil personnel in France will use a domestic video conference system instead of Zoom and Teams. After the military discontinued using Microsoft Office, Austrian soldiers
Musk’s mega-merger of SpaceX and xAI bets on space-based AI to scale.
Elon Musk’s mega-merger of his companies xAI and SpaceX this week takes this sci-fi ambition one step closer. Seventy-five years ago, the idea of harnessing
US shale producers Devon and Coterra to merge in a $58 billion deal to cut costs and boost scale.
As the industry consolidates to reduce costs and increase scale, U.S. shale producers Devon Energy and Coterra Energy announced on Monday that they will merge
Gold prices are to hit $6,300/oz by the end of 2026 as buying sprees from central banks and investors mount.
J.P. Morgan stated in a letter on Monday that it anticipates gold prices to reach $6,300 per ounce by the end of 2026 due to
Taiwan’s economy grows at the fastest pace of 8.6% in 15 years on the AI boom.
Last year, Taiwan’s economy grew at the quickest rate in 15 years—8.6% annually—thanks to a boom in shipments to the United States and the hype
Meta faces trial in New Mexico for alleged child exploitation on its platforms and profiting from it.
The state of New Mexico has filed a lawsuit accusing Meta Platforms of exposing children and teenagers to sexual exploitation on its platforms and making
Nvidia, Amazon, and Microsoft are to issue term sheets for a $60 billion investment in OpenAI.
The Information revealed on Wednesday that Microsoft, Nvidia, and Amazon are in talks to invest up to $60 billion in OpenAI. Nvidia, an existing investor
US banks may lose $500 billion to stablecoins within 24 months, posing a threat to financial stability.
Standard Chartered estimated on Tuesday that stablecoins, which are U.S. dollar-backed cryptocurrency tokens, could withdraw about $500 billion in deposits from U.S. banks by the
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