Business

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.

Ethereum Turns 10: A New Era of Institutional Adoption and Decentralized Growth

Ethereum has entered its second decade with renewed optimism, following years of underperformance and doubt about its long-term relevance. While its native token, ether...

Robinhood Surpasses Q2 Expectations with 45% Revenue Growth and Strong User Gains

Robinhood delivered better-than-expected second-quarter results, continuing its strong momentum as the top-performing large-cap U.S. tech stock of the year. The company reported earnings per...

OpenAI Launches First European Stargate AI Data Center in Norway

OpenAI announced the launch of a Stargate-branded AI data center in Norway, marking its first such initiative in Europe. The project will be developed...

Meta’s Reality Labs Posts $4.5 Billion Loss in Q2 Amid AR/VR Expansion

Meta’s Reality Labs division, responsible for developing augmented and virtual reality technologies, reported an operating loss of $4.53 billion for the second quarter. The...

Qualcomm Beats Q3 Expectations and Projects Strong Outlook Despite Apple Phase-Out

Qualcomm reported fiscal third-quarter results that exceeded analyst expectations, delivering adjusted earnings per share of $2.77 on revenue of $10.37 billion. Both figures narrowly...

Arm Shares Drop Despite Meeting EPS Expectations Amid Strategic Shifts

Arm Holdings saw its shares fall by as much as 9% in after-hours trading following its fiscal first-quarter earnings release. The company reported adjusted...

Microsoft Hits $4 Trillion Market Cap After Strong Earnings, Joins Nvidia at the Top

Microsoft has surged into the exclusive $4 trillion market cap club, following a post-earnings rally that sent its shares soaring 8% in after-hours trading....

Figma Prices IPO at $33, Raising $1.2 Billion and Valuing Company at $19.3 Billion

Figma, the collaborative design platform, has officially priced its initial public offering at $33 per share, surpassing its projected range of $30 to $32....

eBay Shares Surge 10% After Strong Q2 Results and Positive Outlook

Shares of eBay jumped 10% in extended trading after the company posted stronger-than-expected results for the second quarter and issued an optimistic forecast for...

Mark Zuckerberg Commits to Sustained AI Investment Amid Industry-Wide Spending Surge

Meta CEO Mark Zuckerberg confirmed plans to maintain aggressive spending on artificial intelligence well into next year, aligning with similar moves by other leading...

Samsung Q2 Earnings Miss Expectations Amid Sharp Chip Profit Decline

Samsung Electronics reported a second-quarter operating profit of 4.7 trillion Korean won ($3.38 billion), falling short of analyst expectations due to a dramatic 93.8%...

Elon Musk’s Boring Company Faces Scrutiny Over Nashville Tunnel Project

Elon Musk’s tunneling company, The Boring Company, recently announced plans to build a 10-mile underground transit loop in Nashville, Tennessee, with strong backing from...

Nvidia Faces Heightened Scrutiny from China Amid H20 AI Chip Export Resumption

Nvidia has received approval from Washington to resume exports of its H20 AI processing units to China, yet the chips may encounter increased scrutiny...

Cinemark Expands Premium Screen Offerings Ahead of Major Film Releases

Cinemark, the third-largest cinema chain in the U.S., is gearing up for a surge in moviegoers by expanding its premium theater offerings. The company...

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