S&P 500 and Nasdaq rise, Dow slips. Warner Bros. Discovery halts Paramount merger talks. Apple scraps electric car project. OpenAI fights NYT lawsuit. Norwegian Cruise Line reports a profitable year.
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Google Sued by Axel Springer, 31 Other Media Groups in Europe for $2.3 Billion Over Digital Ad Practices
Google is facing a 2.1 billion euros ($2.3 billion) lawsuit filed by 32 media organizations in Europe, including Axel Springer and Schibsted, over alleged financial losses due to the company's digital advertising practices.
Donald Trump, Unable to Pay Full $454 Million Bond Amount, Offers to Post $100 Million in Civil Fraud Case But Appellate Judge Denies It
Former President Donald Trump proposed to post a $100 million bond on Wednesday while appealing a New York judge's ruling that he must pay $454 million in penalties and interest in a civil fraud case.
Apple CEO Tim Cook Reveals the Company's Significant Investments in Generative AI
Apple CEO Tim Cook has unveiled the company's significant investments in generative AI during the firm's annual shareholder meeting.
Singapore Invests $15 Billion in Cutting-Edge F-35A Jets
Singapore plans to acquire eight Lockheed Martin Corp. F-35A fighter planes for its defense, accelerating the country's procurement of advanced military aircraft amid tensions in the region.
Latest News
Armani Ferrante made the crypto wallet and exchange venture successful as he raised $17 million in funding to aid global expansion and regulatory compliance as the exchange witnesses growing trading volumes.
Walmart is set to pay a $45 million settlement following a class action lawsuit alleging overcharging, inaccurate product weights, and mislabeled bagged produce.
SCB X's acquisition of Home Credit's business in Vietnam for US$860 million will help its regional presence in a tech-savvy population.
Convicted FTX founder Sam Bankman-Fried seeks reduction from potential 100-year sentence to 5-6 years, citing autism. Defense emphasizes philanthropic intentions and mental health challenges.
Last week, the 5.6% decrease in total mortgage applications was attributed to individuals hesitating to buy properties due to high mortgage rates.
China's top internet search engine saw a 6% rise in fourth-quarter revenue, buoyed by AI applications and expanding advertising, with adjusted net income soaring by 44%.
Tata announces that the new $5 billion battery factory in Bridgwater, Somerset will not just create 4,000 jobs, but will also drive Britain's electric vehicle transition.
Amazon launches a $1 billion fund for AI and robotics, enhancing logistics efficiency and worker safety.
Deck Nine Games, famed for hits like Life is Strange: True Colors, reportedly felt a "worsening market conditions" in the gaming industry, with approximately 20% of its staff affected.
