Companies

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Olivia Rodrigo Drops New Single ‘Drop Dead’ and Makes Surprise Coachella Appearance

Olivia Rodrigo releases her new single 'Drop Dead' and performs it live at Coachella, signaling a new romantic direction for her upcoming album.

Trump Organization Eyes Tbilisi Skyline with Ambitious New Skyscraper Project

The Trump Organization is planning a new luxury skyscraper in Tbilisi, Georgia, featuring a hotel and residences, as part of its international expansion strategy.

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Judge Halts Nexstar-Tegna Merger Amid Antitrust Fears

Federal judge blocks Nexstar-Tegna merger over antitrust concerns, halting the $6.2 billion deal pending a trial. State AGs and DirecTV celebrated the ruling.

Chinese AI Powerhouses Moonshot AI and Alibaba Unveil Advanced Models, Challenging US Dominance

Alibaba-backed Moonshot AI and Alibaba itself have released advanced AI models, Kimi K2.5 and Qwen3-Max-Thinking, challenging U.S. rivals like OpenAI and Google in the global AI race.

Blue Origin Grounds Space Tourism Flights to Prioritize Lunar Mission Development

Blue Origin halts New Shepard space tourism flights for at least two years to focus on developing lunar landers for NASA's Artemis missions.

Washington Post Journalists Appeal Directly to Jeff Bezos Amid Layoff Fears

Washington Post journalists are appealing directly to owner Jeff Bezos to prevent newsroom cuts and layoffs, citing concerns about the paper's future and journalistic integrity.

Alibaba’s Cainiao Merges with Robovan Pioneer Zelos in $2 Billion Deal to Revolutionize Last-Mile Delivery

Alibaba's logistics arm, Cainiao, is merging with robovan developer Zelos Technology in a $2 billion deal to create Cainiao Robovan, a new entity focused on autonomous last-mile delivery solutions.

Jeff Bezos’ Earth Fund Invests $3.5 Million to Accelerate Nuclear Reactor Construction

Jeff Bezos' Earth Fund donates $3.5 million to the Nuclear Scaling Initiative to accelerate nuclear reactor construction in the U.S. through an innovative 'orderbook' model.

Tesla Shifts Gears: Model S and X Production Ends as Focus Turns to Optimus Robots

Tesla is ending production of its Model S and Model X vehicles to focus on manufacturing Optimus robots and advancing its autonomous driving technology. Learn more about the strategic shift.

Maersk to temporarily operate Panama Canal ports after court voids Hutchison contract

Maersk will temporarily operate two Panama Canal ports after Panama’s Supreme Court ruled the previous concession unconstitutional, triggering a transition plan and renewed scrutiny of strategic canal-linked infrastructure.

Dow to cut 4,500 jobs, 13% of workforce, in restructuring push as AI and automation take bigger role

Dow will cut about 4,500 jobs as it restructures to boost efficiency and expand AI and automation, while forecasting weaker-than-expected first-quarter revenue amid sluggish demand.

SpaceX in talks to merge with xAI ahead of planned 2026 IPO, source says

SpaceX is reported to be in merger talks with Elon Musk’s AI firm xAI ahead of a planned 2026 IPO, a move that could combine Grok, Starlink and SpaceX infrastructure under one structure.

Amazon confirms 16,000 job cuts after “Project Dawn” message was sent by mistake

Amazon confirmed about 16,000 corporate job cuts after an internal “Project Dawn” layoff message was sent accidentally, extending a broader push to reduce layers, boost efficiency and expand AI-driven automation.

UPS to cut 30,000 jobs and close 24 sites as Amazon volume “glide-down” continues

UPS plans to cut up to 30,000 jobs and close 24 facilities in 2026 as it reduces Amazon delivery volume, even as the company beat earnings estimates and forecast higher revenue for the year.

Tesla stock in focus ahead of results as Wall Street debates growth vs profitability

Tesla is set for a key earnings test as investors watch margins, demand and pricing strategy, with the results expected to influence sentiment across the EV and tech markets.

USA Rare Earth surges after $1.6B federal deal boosts US supply chain push

USA Rare Earth shares jumped after the US backed a $1.6 billion funding package to build a Texas mine and US magnet facility, boosting Washington’s push to reduce dependence on China.

China’s Sinochem moves to ease Pirelli standoff as US expansion faces scrutiny

Sinochem has proposed a “structured solution” to resolve a governance dispute at Pirelli, as Camfin increases its stake and Italy weighs intervention under golden power rules.

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