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
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German media conglomerate Axel Springer to acquire the UK Daily Telegraph publisher for $766 million.
Google pacifies Epic Games by reducing its app store commissions.
Japan-US trade deal to add nuclear power project to $550 billion investment package.
SoftBank’s PayPay aims for a US IPO valuation of up to $13.4 billion, about the largest by a Japanese firm.
BlackRock, EQT-led consortium close a $33.4 billion AES deal, betting on AI power boom.
OpenAI achieves an $840b valuation with mega funding of $110b from Big Tech firms.
Trump bans Anthropic technology as OpenAI strikes a deal with the Pentagon.
Pentagon sets a deadline to declare Anthropic a supply chain risk over failure to bend AI safeguards.
Global debt reaches a record $348 trillion in 2025 due to government spending, says IIF.
Meta, the owner of Facebook, plans to buy $100 billion worth of AI chips from AMD.
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
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
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
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
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
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
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
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
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
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