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California AG Rob Bonta critiques Paramount-WBD merger, demands structural remedies
California Attorney General Rob Bonta is considering structural remedies in the Paramount-Warner Bros. Discovery merger lawsuit, criticizing the company's commitment to releasing 30 films a year as insufficient. His sta…
OpenAI COO Brad Lightcap resigns amid leadership changes ahead of IPO
OpenAI's COO, Brad Lightcap, has resigned amid a leadership shake-up as the company prepares for a potential IPO. His departure, alongside other key resignations, raises concerns about the company's strategic direction …
Apple extends 2026 Back to School discounts for Macs, iPads until September 24
Apple has extended its 2026 Back to School promotion for Macs and iPads until September 24, allowing eligible students, parents, and educators to access discounted devices. This move supports the growing need for techno…
Nike, Lululemon, Deckers, and On Holding have all seen stock declines of over 50% from their highs due to inflation, tariffs, and reduced consumer spending. De…
Jensen Huang's $500 billion AI financing initiative, backed by major asset managers, aims to enhance AI infrastructure through investment in data centers and G…
The SEC is meeting to discuss new cryptocurrency regulations in response to ongoing congressional inaction on the CLARITY Act. This move is crucial to address …
Itaú has joined a pilot program in Brazil to test tokenized fixed-income securities and investment funds, aiming to enhance efficiency and transparency in inve…
SpaceX is currently seen as a better investment than Rocket Lab, largely due to its lucrative Starlink broadband service, which generated $7.8 billion in reven…
A federal court has allowed a $1.4 trillion lawsuit against Meta to proceed, challenging the company's role in a mental health crisis among young users. This r…
John Pye, co-founder of John Pye Auctions, passed away at 95, leaving a legacy of transforming a small auction house into a leading industry player. His vision…
The SEC is holding an open meeting to discuss a new Regulation Crypto proposal that could exempt some cryptocurrency projects from traditional securities regis…
Cardinal Health has raised its profit guidance for the upcoming quarter, leading analysts to increase their price target for the company. This reflects confide…
Oracle plans to lay off employees this month to cut costs amid significant debt from its investments in artificial intelligence. This move reflects the company…
A federal judge denied Apple’s request to delay App Store fee proceedings in the Epic Games antitrust suit. This ruling ensures the case continues, potentially…
