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.

Telefonica Reports €1.3 Billion Loss in Q1 After Write-Downs on Latin American Sales

Telefonica, the Spanish telecom giant, reported a net loss of 1.3 billion euros ($1.45 billion) for the first quarter of the year, primarily due...

China and Colombia Sign Joint Cooperation Plan on Belt and Road Initiative

China and Colombia have officially signed a joint cooperation plan under the Belt and Road Initiative (BRI), strengthening their growing economic and strategic ties....

CATL to Price Shares at HK$263 in Hong Kong Listing, Raising $4 Billion

Chinese battery manufacturer CATL is preparing to price its shares at HK$263 ($33.70) each for its Hong Kong listing, according to sources familiar with...

Global EV Sales Rise 29% in April Despite Trade Tensions

In April, global sales of electric and plug-in hybrid vehicles rose by 29% year-on-year, reaching 1.5 million units. Despite trade tensions and economic uncertainties,...

Sony Forecasts Stable Profit Despite Trade War Impact and Gaming Decline

Sony has projected a slight increase in its operating profit for the financial year ending in March, with expectations of a 0.3% rise to...

NOYB Threatens Legal Action Against Meta Over AI Data Use

NOYB, an Austrian privacy advocacy group led by Max Schrems, has announced its intention to seek an injunction against Meta Platforms, potentially resulting in...

Asian Stocks Rise as U.S. Inflation Data Fuels Optimism for Rate Cuts

Stocks across Asia rose on Wednesday, while the U.S. dollar showed signs of weakness, as relatively tame U.S. inflation data bolstered hopes for interest...

Global Markets Watch for Trade Deals and Economic Data

Global equity markets have regained much of the losses from the past six weeks since U.S. President Donald Trump imposed tariffs, leaving investors anxiously...

Nvidia to Sell Over 18,000 AI Chips to Saudi Arabia’s Humain

Nvidia CEO Jensen Huang announced that the company will sell over 18,000 of its advanced Blackwell AI chips to Humain, a Saudi Arabian company....

Elon Musk Announces Starlink Approval for Aviation and Maritime Use in Saudi Arabia

Elon Musk announced that Saudi Arabia has approved his satellite internet service, Starlink, for aviation and maritime use in the region during a White...

Airbnb Unveils Redesigned App with Expanded Services for Travelers

Airbnb has introduced a redesigned app, signaling the company’s ambitious move to broaden its offerings beyond home rentals. This update is part of Airbnb’s...

Google Tests AI Mode Feature on Search Page to Compete with ChatGPT

Google is testing a new feature called "AI Mode," positioned just beneath its search bar, next to the “Google Search” button. This new addition...

Chime Files for IPO on Nasdaq, Revealing Growth and Financial Services

Chime, a leading financial technology company, has filed to go public on the Nasdaq under the ticker symbol “CHYM.” The company, which provides a...

CureIS Healthcare Files Lawsuit Against Epic Systems Over Anticompetitive Practices

CureIS Healthcare, a managed care services company, filed a civil lawsuit against Epic Systems on Monday, accusing the electronic health record (EHR) provider of...

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