Industry

Luckin Coffee enters the U.S. market with two NYC stores, challenging Starbucks with app-only ordering and competitive prices.

Home Depot is acquiring GMS for $4.3 billion to expand services for professional builders and contractors.

Mark Zuckerberg's ambitions for Meta AI starts with its new Superintelligence Labs led by his latest acquired talent.

Apple may reportedly no longer rely on its internal AI developments and opt for third parties like OpenAI or Anthropic for Siri instead.

Donald Trump ends trade talks with Canada over its digital tax, threatening new tariffs within a week.

OpenAI is said to recalibrating the way it compensates employees as Meta's staff poaching spree gets more aggressive.

Germany urges Apple and Google to review or remove DeepSeek app over illegal user data transfers to China, citing EU privacy violations.

SpaceX is not sharing any news on Starbase's crane incident where it collapse and was caught on camera.

The Trump administration now requires mortgage giants to count cryptocurrency as assets, reshaping U.S. home loan rules.

Elon Musk has reportedly fired Tesla VP Omead Afshar amid declining global sales and growing pressure on the company's leadership.

Nestlé pledges to remove all artificial dyes from its U.S. food and drinks by mid-2026, aiming to meet evolving consumer health preferences.

Nike plans to raise prices and shift production to offset $1 billion in new tariffs, aiming to stabilize profits and refocus on performance.

Walmart is closing its Fort Worth Sam's Club fulfillment center, potentially impacting over 100 jobs as operations shift to other Texas facilities.

Xiaomi has officially unveiled a wide range of new products during its product launch event held in Beijing, China.

Starbucks Battles New Challenger With Luckin Coffee's US Entry in NYC