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.

Match Group Appoints Spencer Rascoff as CEO Amid Leadership Change

Match Group has announced Spencer Rascoff as its new CEO, replacing Bernard Kim. Rascoff, best known for co-founding Zillow, has been a board member...

Snap Reports Strong Q4 Results, Shares Surge Amid Growing User Base

Snap shares rose in extended trading following the company’s better-than-expected Q4 earnings report. The social media platform reported $1.56 billion in revenue, slightly surpassing...

Google Updates AI Principles, Removing Pledge Against Military and Surveillance Use

Google has updated its AI Principles, removing previous commitments to refrain from developing weapons and surveillance technologies that violate international norms. The revised guidelines...

Uber Reports Strong Q4 Revenue but Stock Drops Amid EPS Miss and Soft Guidance

Uber shares fell more than 7% after the company’s fourth-quarter earnings report showed strong revenue growth but missed earnings per share (EPS) expectations and...

Teladoc Acquires Catapult Health in $65M Deal to Expand Preventative Care

Teladoc Health shares rose nearly 6% after the company announced its acquisition of preventative care provider Catapult Health in an all-cash $65 million deal....

Alphabet Shares Drop 7% as AI Investment and Cloud Growth Raise Concerns

Alphabet’s stock fell 7.2%, marking its worst session since January 2024, after the company missed fourth-quarter revenue expectations and unveiled significant investment plans for...

AMD Shares Drop 6% Amid Disappointing Data Center Revenue

Advanced Micro Devices (AMD) saw its stock drop 6.3%, closing at $112.01, its lowest level since November 2023, after reporting data center revenue that...

Qualcomm Reports Strong Q1 Earnings and Positive 2025 Outlook

Qualcomm posted better-than-expected fiscal Q1 results, with strong revenue growth across its key markets. The company reported $3.41 in adjusted earnings per share, surpassing...

Salesforce Appoints Robin Washington as President, CFO, and COO

Salesforce has named Robin Washington as its new President, Chief Financial Officer, and Chief Operating Officer, effective March. Washington, a longtime board member and...

Disney Reports Strong Q1 Earnings Amid Streaming and Theme Park Challenges

Disney reported better-than-expected Q1 earnings, despite a slight decline in Disney+ subscribers. The streaming platform saw a 1% drop in total subscriptions, with international...

Immersive Sports Tech Company Cosm Expands with Global Ambitions

Cosm, an immersive sports-viewing technology company, is rapidly expanding across the U.S. and exploring international opportunities. The company has already built two dome venues...

Novo Nordisk Reports Strong Q4 Results and Optimistic 2025 Outlook

Novo Nordisk has faced challenges in recent months, including increased competition from Eli Lilly’s Zepbound and disappointing trial results for its obesity drug candidate...

Ford Reports Strong Q4 Earnings but Warns of Challenges Ahead in 2025

Ford Motor exceeded Wall Street expectations for the fourth quarter, reporting strong revenue and earnings. However, the company warned of a challenging year ahead...

LVMH Sees Watch and Jewelry Sales Rebound Amid Strong U.S. Demand

After a period of decline, LVMH’s watch and jewelry division experienced a rebound in sales during the latest quarter, with growth continuing into January....

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