Business
Tesla is making one of its boldest moves yet, and it has little to do with electric cars. The company announced it will invest $2 billion into xAI, the artificial intelligence startup founded by CEO Elon Musk, even as Tesla faces slowing vehicle sales and its first annual revenue decline
Business
After years of political pressure, legal uncertainty, and fears of a nationwide ban, TikTok has finally secured its future in the United States. The popular short-video platform announced that it has completed a deal that separates its U.S. operations from its global business, allowing the app to continue running
Business
In a move that could dramatically reshape the entertainment industry, Warner Bros. Discovery has agreed to sell its studios and streaming business to Netflix in an all-cash deal valued at roughly $72 billion. The agreement, announced Tuesday, marks a major turning point for both companies and sets up what could
Business
For many gamers, GameStop was once a ritual. You’d walk into a mall, smell plastic cases and carpet cleaner, flip through used games, and debate whether your trade-in pile was worth anything at all. For years, those stores were everywhere. Now, more and more of them are going dark.
Business
Behind closed doors, executives at Paramount Skydance believe the tide may finally be turning in their favor in the high-stakes race to acquire Warner Bros. Discovery. After months of back-and-forth, the Ellison-backed company is increasingly confident that its rival, Netflix, is facing growing internal and external challenges that weaken its
Business
Only days after U.S. forces stunned the world by capturing Venezuelan leader Nicolás Maduro, the online prediction market Polymarket has already moved on to its next big question: Who’s next? The platform has rolled out a new wave of betting contracts asking users to predict which country President
Business
The lawsuit brought by a Florida mother after the death of her teenage son has come to an end with a settlement, but the conversation it sparked about artificial intelligence, responsibility, and child safety is far from over. Google and chatbot company Character.AI have agreed to settle a case
Business
Berkshire Hathaway has officially entered a new chapter. The legendary conglomerate announced that it has raised the annual salary of its new chief executive, Greg Abel, to $25 million, a striking contrast to the famously modest $100,000 salary Warren Buffett accepted for more than 40 years. The pay hike
Business
In the fast-moving world of online prediction markets, big wins are not unusual. But every so often, a payout raises eyebrows across the internet, and that’s exactly what happened after Venezuelan leader Nicolás Maduro was captured by U.S. forces in a surprise overnight operation. Just hours before the
Business
Energy markets reacted swiftly but unevenly after the United States confirmed the capture of Venezuelan President Nicolás Maduro, sending shares of major oil companies sharply higher while global oil prices barely moved. The mixed response highlighted both investor optimism and deep uncertainty about what comes next for Venezuela’s oil-rich
Business
The company behind some of the most iconic names in luxury shopping is facing a defining moment, one that could shape its future for years to come. The owner of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman is scrambling to secure more than $1 billion in emergency financing, according
Business
The Walt Disney Company, a name long associated with family entertainment and childhood memories, has agreed to pay $10 million to settle claims that it violated US children’s privacy laws. The case centres on how some Disney content was handled on YouTube, specifically, whether videos meant for kids were