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.

Amazon Denies Plan to Display Import Charges on Haul Products

Amazon has officially denied plans to display import charges on products sold through its Haul platform, a low-cost storefront offering items like clothing and...

Meta Launches Stand-Alone AI App to Compete with ChatGPT and Rivals

Meta Platforms has launched a stand-alone artificial intelligence assistant app powered by its proprietary Llama AI model, marking a major step in its ongoing...

SEC Explores Crypto Reform Amid Calls for Clear Custody Rules

SEC Chair Paul Atkins said Friday that innovation in the crypto sector has been “stifled for the last several years,” pointing to the need...

Fintech Stocks Rally as Shift4, Upstart, and PayPal Drive Market Momentum

Fintech stocks saw notable movement Tuesday as a wave of earnings releases and analyst commentary spurred investor reactions across the sector. Shares of Shift4...

SpaceX Denied Greater Control Over Texas Roads and Beaches Amid Starbase City Push

As SpaceX pushes forward with its plans to incorporate Starbase into an official city in Texas, lawmakers have rejected legislation that would have granted...

Virtual Power Plant Startup Base Offers Battery Backup Amid Grid Uncertainty

With extreme weather events becoming more frequent in a warming world, many homeowners are seeking reliable energy solutions. Backup batteries have gained popularity, but...

Snap Reports Q1 Revenue Beat but Issues Cautious Outlook

Snap reported better-than-expected first-quarter revenue on Tuesday but caused concern with its decision not to provide guidance for the second quarter. The company cited...

Super Micro Shares Drop 19% After Lower-than-Expected Q3 Results

Super Micro's shares dropped as much as 19% on Tuesday following the announcement of its preliminary third-quarter fiscal results, which fell short of analysts'...

Waymo and Toyota Partner to Explore Autonomous Technology for Personal Vehicles

Waymo, the autonomous driving division of Alphabet, and Toyota have announced a preliminary partnership to explore how to bring robotaxi technology to personally-owned vehicles....

Samsung Reports Record Revenue and Growth in Q1 Despite Economic Challenges

Samsung Electronics exceeded analysts' expectations in its first-quarter results, with a 10% increase in revenue and a 1.5% rise in operating profit. The company’s...

AI Revolutionizing Software Development at Microsoft and Meta

Satya Nadella, CEO of Microsoft, revealed that up to 30% of the company's code is now written by artificial intelligence, marking a significant shift...

UK Risk of Losing Fintech and Crypto Innovation to Global Hubs

The UK risks losing emerging fintech and cryptocurrency entrepreneurs to rival hubs if it doesn’t address key regulatory and funding challenges, according to industry...

SoFi to Re-Enter Cryptocurrency Market with Expanded Offerings

SoFi CEO Anthony Noto has announced that the fintech bank will reintroduce cryptocurrency investing by the end of this year after a significant regulatory...

United Airlines Reopens Expanded Polaris Lounge at Chicago O’Hare

United Airlines has reopened its flagship Polaris lounge at Chicago O’Hare International Airport, offering an enhanced experience for premium international travelers. Located in Terminal...

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