News

Apple (NASDAQ:AAPL) is facing a £2 billion ($2. 7 billion) lawsuit in London brought on behalf of app developers over its App Tracking Transparency rules, with the claim alleging that the company imposed stricter requirements on third-party developers than on its own services.

Meta Platforms will pay up to $18 billion and significantly overhaul its teen-usage policies across its platforms.

While Space Exploration Technologies Corp. is one of the biggest enterprises in the world today, this was not always the case, as CEO Elon Musk shared how repeated initial launch failures cast uncertainty over the future of the commercial spaceflight...

LONDON, Sept 3 (Reuters) - Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its

Alphabet stock soared the last time a judge rejected the Justice Department's bid to force it to sell part of its business.

Ford Motor Company (NYSE:F) is recalling 148,663 Mustang vehicles in the US from the 2024 to 2026 model years because engine-compartment wiring harness ground connections could fracture. The defect can potentially cause a loss of drive power and disable functions such as the headlights, windshield washer system, air conditioning, and engine cooling fan, increasing the […]

Wix.com Ltd. previously announced a collaboration with Google to embed its Wix Harmony website creation tools directly inside Gemini as a connected app, allowing users to build, manage, and analyze full-featured sites through natural-language interactions without leaving the Gemini interface. At the same time, multiple securities class action filings now question prior disclosures about the competitiveness and cost profile of Wix’s AI products, putting added scrutiny on how initiatives like...

The US Justice Department expanded its antitrust inquiry of the meatpacking industry by demanding information on surging beef prices from eight major food retailers, including Amazon.com Inc., Costco Wholesale Corp. and Walmart Inc.

Google avoids a forced divestiture of its advertising exchange despite an earlier ruling that it illegally monopolized key ad-tech markets.

Apple (NasdaqGS:AAPL) has filed a lawsuit against OpenAI and a former engineer over alleged theft of confidential circuit schematics and related trade secrets. The complaint accuses the former Apple employee of misappropriating proprietary hardware designs and integrating them into OpenAI projects. Apple is seeking damages, a preliminary injunction, and court orders to destroy any materials that allegedly contain its protected technology. The case adds fresh scrutiny to how major AI players...

Citi said continued advertiser spending and accelerating AI demand at AWS support its bullish view of Amazon.

Tesla's (TSLA) internal engineering platforms may be accessed by an independent expert after an Aust

While Space Exploration Technologies Corp. (NASDAQ:SPCX) is one of the biggest enterprises in the world today, this was not always the case, as CEO Elon Musk shared how repeated initial launch failures cast uncertainty over the future of the commercial spaceflight company. Peter Diamandis Recalls SpaceX’s Failures In a post on X on Sunday, X Prize Foundation‘s Executive Chairman Peter Diamandis shared how everyone knows the “trillion-dollar version of SpaceX,” but nobody remembered that “Elon’s

Amazon is facing a new lawsuit from the FTC and 22 states for allegedly secretly charging businesses more for advertising.

The Justice Department once threatened Walmart's pharmacies with billions in civil penalties over opioid prescriptions. What prosecutors actually walked away with tells a very different story about who held the leverage.

The FTC plans to file a lawsuit against Amazon that will allege the company manipulated prices businesses paid to advertise on its retail platform.

AMZN stock dropped on Monday after a Wall Street Journal report said the FTC plans to sue the company over how it prices ads on its retail site.

Key takeawaysThe FTC and more than 20 state attorneys general reportedly plan to sue Amazon over its advertising-auction practices. Regulators are expected to allege that undisclosed price floors increased advertisers’ costs and generated tens of billions of dollars for Amazon.

Protagonist Therapeutics (NASDAQ:PTGX) said the U.S. Food and Drug Administration has approved rusfertide, to be marketed as MIMRYLO, for the treatment of erythrocytosis in adults with polycythemia vera, or PV. The approval marks the company’s second FDA-approved medicine this year, following the M

Eli Lilly stock has delivered very strong gains over the past five years. Current checks give a mixed read on valuation, with the Discounted Cash Flow (DCF) intrinsic value estimate pointing to upside, while market based multiples look closer to fair. Eli Lilly has returned 373.6% over five years, which puts a lot of optimism into the share price and raises the bar for what counts as good value today. The expanded use of drugs like Mounjaro and Zepbound in metabolic and cardiovascular care...

The fix already exists, but not every owner has it yet.

Arch Aplin III, the CEO of Buc-ee’s travel centers and gas stations, has said that the company will seek expansion in “conservative” states following a trademark infringement lawsuit it filed against an Ohio convenience store. Arch Aplin III on Expanding...

A software fix may be limiting investor concern

(Updates with company comment in the fourth and fifth paragraphs.) Lucid Group (LCID) is recallin

On August 21, CNBC reported that according to notices published by Tesla and China’s State Administration for Market Regulation, Tesla, Inc. (NASDAQ:TSLA) is voluntarily recalling about 3 million vehicles in China over two separate issues: door handles that can fail to open after severe crashes and deficient driver “attention monitoring” systems. The door handle flaw […]

The chip giant stepped back from the AI Compute Partnership program last week, less than two months after announcing it in July

The company is changing how it enforces its site reputation policy within the European Economic Area, to appease regulators and avoid a potentially hefty fine.

The U.S. Food and Drug Administration (FDA) on Tuesday approved Abbott Laboratories’ Libre Duo 10 Day Continuous Dual Glucose Ketone Monitoring System for diabetes patients aged two and older. The regulatory nod makes the device the first wearable in the...

The U.S. FDA has approved Bristol-Myers Squibb Company (NYSE:BMY)’s oral blood-cancer drug iberdomide, sold as Zenbexus, for patients with relapsed or refractory multiple myeloma. The treatment is given with Johnson & Johnson’s Darzalex and dexamethasone. The approval gives BMY another product that could support growth in its oncology business. Iberdomide belongs to a newer class […]

KKR & Co. (NYSE:KKR) is set to pay a $250 million civil penalty after the private equity firm allegedly violated the Hart-Cottrell-Rodino Act by withholding and altering documents and failing to make required filings. The HSR Act requires M&A parties...