US private equity giant Carlyle will buy Southend Airport after a debt settlement. Carlyle, a United States private equity firm, will become the latest foreign corporation to acquire a company in the United Kingdom with the acquisition of Southend Airport after a debt settlement deal.
Legal & Regulatory
Ex-Google Software Engineer Charged With Stealing AI Trade Secrets for China-Based Companies
An ex-Google software engineer was charged with stealing AI trade secrets from the company to pass on to two Chinese companies.
Starbucks to Lay off Thousands of Workers in Middle East After Being Hit by Boycott Campaign Relating to Israel-Hamas War
Starbucks' franchisee in the Middle East, Alshaya Group, is implementing significant job cuts at its coffee shops.
Apple Terminates Epic Games' Developer Account in Europe in Retaliation Over 'Fortnite' Maker's Lawsuits, Tim Sweeney Says
Apple has terminated Epic Games' developer account launched in an app store for iPhones in Europe, according to Epic Games CEO Tim Sweeney.
Russian Oligarch's Mega-Yacht Amadea: US Government's $1 Million Monthly Maintenance Burden Unveiled
The US Department of Justice reportedly spends $1 million monthly on the Amadea, a $230 million mega yacht seized from Russian mogul Suleiman Kerimov.
Latest News
OpenAI has issued a public rebuttal to the lawsuit filed by Elon Musk against the company by releasing a series of emails showing the tech billionaire's support for the firm's plan to raise more money.
House Representatives propose the Protecting Americans From Foreign Adversary Controlled Applications Act to force ByteDance, the Chinese parent company of TikTok, to divest the app within five months or get banned.
Microsoft, as OpenAI's largest investor, is defending against The New York Times' lawsuit against the artificial intelligence company, claiming it misrepresents the impact of ChatGPT on the news industry.
Four former top Twitter executives have sued Elon Musk for allegedly withholding more than $128 million of their severance pay after firing them when he acquired the company.
The Federal Aviation Administration (FAA) has unveiled findings pointing to quality control issues at Boeing and its top supplier, Spirit AeroSystems.
EU fines Apple $2B for favoring its music streaming service over competitors on the App Store, marking the first antitrust penalty against the tech giant. Apple plans to appeal.
The Body Shop admitted to breaching employment laws by abruptly firing hundreds of employees without notice or compensation, prompting legal action and ethical concerns amid its "restructuring" plans.
Top OpenAI executives believe that Elon Musk's lawsuit stems from his "regrets" about no longer being a part of the company.
A federal judge in Delaware has dismissed AstraZeneca's lawsuit challenging Medicare's new power to negotiate prices directly with drug manufacturers.
