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.
Business Aarav Shen -

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.
Culture Lynn Hatem -

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.
Europe Aarav Shen -

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.
Business Aarav Shen -

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.
Business Aarav Shen -
Latest

Shein Boosts Product Safety Efforts as It Eyes London IPO

Shein is intensifying its efforts to improve its public image as the fast-fashion giant prepares for a potential London IPO later this year. In...

UPS Shares Drop 14% as Company Cuts Amazon Deliveries and Lowers Revenue Forecast

United Parcel Service (UPS) shares fell 14% after the company announced plans to reduce its Amazon delivery volume by more than half by the...

OpenAI in Talks to Raise $40 Billion, Valuation Could Hit $340 Billion

OpenAI is in discussions to raise up to $40 billion in a new funding round that could push its valuation to as high as...

Intel Reports Strong Q4 Earnings Despite Revenue Decline and AI Challenges

Intel reported better-than-expected earnings and revenue for the fourth quarter, but its outlook disappointed investors. Despite a 7% year-over-year revenue decline, the company exceeded...

Apple’s Soaring Profit Margins Driven by Growing Services Business

Apple’s latest earnings report highlights a shift in its growth strategy, with record-high profit margins driven by the expansion of its services business. In...

Instagram Tests Pause Feature for Reels Amid Growing Competition

Meta is testing a new pause feature for Instagram Reels, allowing users to start and stop videos with just one tap. The update brings...

Apple Reports Declining China Sales Amid Regulatory and Competitive Challenges

Apple reported an 11.1% year-over-year decline in China sales for the December quarter, marking its worst growth rate since the same period last year...

Samsung Reports Mixed Q4 Results Amid Chip Slowdown and AI Investments

Samsung Electronics reported a decline in operating profit from the previous quarter, citing increased R&D spending and a slowdown in its semiconductor business. Despite...

Atlassian Shares Surge Nearly 15% After Strong Earnings and AI Growth

Atlassian shares surged 14.9% following impressive fiscal second-quarter results that exceeded Wall Street expectations. The stock reached a new 52-week high, marking its strongest...

Google Offers Buyouts to Platforms and Devices Employees Amid Cost-Cutting Moves

Google is offering voluntary buyouts to employees in its Platforms and Devices unit, signaling potential workforce reductions as the company continues to focus on...

Tesla to Launch Updated Model Y in U.S. This March

Tesla has announced that it will begin deliveries of the newly refreshed Model Y SUV in the U.S. starting in March, according to updated...

Meta Announces $60-$65 Billion AI Investment for 2025

Meta CEO Mark Zuckerberg announced on Friday that the company plans to invest between $60 billion and $65 billion in capital expenditures in 2025...

Twilio Stock Jumps 20% After Strong Profit Forecast and Growth Plans

Twilio shares soared 20% on Friday, marking their biggest gain since the early days of the pandemic. The cloud communications company unveiled an optimistic...

Meta Introduces Ads on Threads as Monetization Begins

Meta has announced that it will begin testing advertisements on its Threads platform with a select group of companies in the U.S. and Japan....

- A word from our sponsors -

spot_img

Follow us

HomeBusiness