VENTURE CAPITAL POST

Amazon said it was reviewing claims that Perplexity AI was scraping content without any approval, including content from prominent news sites.

The Glastonbury Festival released an economic impact report for its 2023 season, revealing that it generated a total income of $212.5 million.

The Australian government announced that it has approved the request of ANZ to acquire the banking business of Suncorp for $3.26 billion.

A jury in a California-based US District Court ordered the NFL to pay almost $4.8 billion in damages to a class action after a ruling found the league violating antitrust laws.

Workers at Tata Steel were told that the company could potentially cease operations at its Port Talbot plant by July 7 due to a strike organized by the trade union Unite.

The MTV News website has been completely expunged a year after Paramount Global dissolved MTV’s news unit, marking a sad day in music journalism.

NASA selected SpaceX as the provider of a deorbit vehicle that would control the International Space Station’s reentry into the Earth’s atmosphere upon its retirement in 2030.

The United States, Japan, and South Korea have agreed to strengthen its cooperation on building more resilient supply chains and developing key technologies, particularly semiconductors, clean energy, cybersecurity, and critical minerals.

In a 6-3 vote, the US Supreme Court dismissed a lawsuit seeking to restrict the federal government’s ability to communicate with social media firms like Google, Meta, and Twitter/X about content moderation.

Amazon revealed plans to launch a dedicated low-price fashion and lifestyle online store to allow Chinese sellers to ship directly to consumers in the United States.

General Motors has hired former key Xbox engineer and executive Marc Whitten as the new CEO of Cruise, its robotaxi service, in an aim to recover itself after being suspended of its California license.

The Food and Drug Administration said that they have warned the Mexican-American bakery Bimbo Bakeries to stop using labels saying that their products may have potentially dangerous allergens when they contain none.

Wikileaks founder Julian Assange is on his way back to Australia as a free man after he officially pleaded guilty to a US District Court in Saipan.

US District Court judge Edward J. Davila partially denied Disney’s motion to dismiss the lawsuit brought by 25 subscribers to YouTube TV and DirecTV Stream.

German automaker Volkswagen announced that it would invest $5 billion in US-based electric vehicle maker Rivian as part of a joint venture to share EV architecture and software.