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.

AWS TechFest Highlights AI Solutions for Business Transformation in Hong Kong

Artificial intelligence is no longer just a buzzword but a critical tool for business survival, with 65% of organizations already integrating GenAI into their...

Alibaba Launches Free Delivery Promotion for Taobao Shoppers in Hong Kong

Alibaba Group Holding has announced a three-month promotion that will waive delivery charges for Taobao users in Hong Kong on orders exceeding 99 yuan...

Intel Nears $8.5 Billion Funding Deal with U.S. Government to Boost Chip Manufacturing

Intel is on the verge of finalizing an $8.5 billion funding deal with the U.S. government, expected to close by the end of the...

FDA Approves New Schizophrenia Drug Cobenfy, Offering Hope for Patients

The FDA has given the green light to Cobenfy, a highly anticipated schizophrenia medication from Bristol Myers Squibb, marking the first new type of...

Radiation Data from NASA’s Artemis I Mission Sheds Light on Space Travel Risks

Scientists have gained critical insights into the dangers of radiation exposure for astronauts traveling beyond Earth's magnetic field, thanks to data collected during NASA's...

Mark Zuckerberg’s Latest AR Glasses Reveal and His Passion for Ancient Rome

Mark Zuckerberg’s fascination with the Roman Empire was on full display at Meta’s annual Connect event in Menlo Park, California, where the CEO unveiled...

Meta Unveils Quest 3S and Advances in AR Glasses at Connect Event

Meta has launched the Quest 3S, its latest virtual reality headset, at the Connect event in Menlo Park, California. Priced at $299, the Quest...

Alibaba Unveils Over 100 Open-Source AI Models and Upgrades Proprietary Technology to Compete Globally

Alibaba has announced the release of over 100 open-source artificial intelligence models, alongside significant upgrades to its proprietary technology, as it seeks to strengthen...

Amazon Unveils Amelia: AI Tool to Support Third-Party Sellers with Account Management and Data Insights

Amazon is launching a new AI tool named Amelia, designed to assist third-party sellers with managing their accounts, accessing sales data, and resolving issues...

Nio Launches Budget Brand Onvo with L60 SUV, Aims to Challenge Tesla in China and Beyond

Chinese electric vehicle manufacturer Nio has introduced its new budget brand, Onvo, with the launch of the L60 SUV. Priced as low as 149,900...

Tech Stocks Surge as Investors React to Federal Reserve Rate Cut

Investors flocked to tech stocks at one of the fastest rates this year, following the Federal Reserve's decision to cut its benchmark interest rate...

Intuitive Machines Secures $4.82 Billion NASA Contract for Lunar Satellite Constellation

Intuitive Machines' stock soared on Wednesday after NASA awarded the lunar-focused company a significant contract to build and deploy a constellation of satellites dedicated...

Darden Restaurants Reports Mixed Q1 Results; Olive Garden and Fine Dining Sales Decline

Darden Restaurants reported weaker-than-expected earnings and revenue for the first quarter, impacted by declining sales at Olive Garden and its fine dining establishments. For...

JetBlue to Launch First Airport Lounges and Premium Credit Card in Pursuit of High-Spending Travelers

JetBlue Airways is set to open its first-ever airport lounges as it aims to attract more high-spending travelers. This new venture marks a significant...

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