The US Securities and Exchange Commission (SEC) said Andreas "Andy" Bechtolsheim, the co-founder of Sun Microsystems and an early investor in Google, has settled insider trading charges against him that will cost him almost $1 million.
Sectors
Amazon Invests $2.75 Billion in Generative AI Startup Anthropic
Amazon's $2.75 billion investment in Anthropic, a top generative AI startup, marks its largest outside investment, showcasing its commitment to AI innovation.
Sega of America Union Workers Secure Pay Increase, Other Benefits in Landmark Contract Ratification
Sega of America's gaming workers secure landmark union contract with AEGIS-CWA, featuring pay raises, job protections, and credit commitments, setting a precedent in the industry labor rights movement.
GameStop Reports 19% Decline in Fourth Quarter Revenue, The Biggest Fall in Nine Months
GameStop faces its steepest decline in nine months due to a huge drop in fourth-quarter revenue. Net sales were down 19% compared to the previous year, leading to a 19% tumble in premarket trading.
Apple CEO Tim Cook Slammed by Critics Over Remarks Praising China
Apple CEO Tim Cook has visited China to boost iPhone sales while praising the Chinese economy. However, he was criticized at home for his laudatory remarks.
Latest News
Lalamove Philippines, an on-demand delivery platform, has launched a new program that aims to empower aspiring businesswomen. Here's what you need to know about it.
TikTok is facing another setback after the Federal Trade Commission (FTC) reportedly launched a probe into the social media platform's data and security practices.
China's BYD, backed by Warren Buffett's Berkshire Hathaway, has announced a profit increase of over 80% in its first set of annual earnings after stealing Tesla's crown as the world's top seller of electric vehicles (EVs).
Krispy Kreme says its dougnuts will arrive in McDonald's! Now, its shares are soaring. Krispy Kreme's shares are now soaring after the American multinational doughnut company announced that it is partnering with McDonald's.
The US and South Korea have set up a new task force to prevent North Korea from obtaining illegal oil.
Elon Musk recently said he was done voting for the Democratic Party and that the US desperately needs a "red wave" to save the country.
Merck has received approval from the Food and Drug Administration (FDA) for its new drug, Winrevair, designed to treat a rare and deadly lung condition.
Donald Trump's social media firm, Truth Social, saw its stock surge about 16% on its first day of trading on the Nasdaq.
To correct the injustice of those who were paying debt for longer than needed, student loan borrowers who made payments beyond their eligibility for cancellation are now entitled to refunds.
