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Best Buy to Launch Ikea Mini-Showrooms in Select Stores

Best Buy announced plans to introduce mini-showrooms...

Technology

Palo Alto Networks to Acquire CyberArk in $25 Billion Cybersecurity Deal

Palo Alto Networks has announced plans to acquire Israeli identity security firm CyberArk in a deal valued at approximately $25 billion. Under the agreement, CyberArk shareholders will receive $45...

Eli Lilly’s Mounjaro Shows Heart Health Benefits Over Trulicity in Landmark Trial

Eli Lilly announced that its diabetes drug Mounjaro has demonstrated heart health benefits in...

Best Buy to Launch Ikea Mini-Showrooms in Select Stores

Best Buy announced plans to introduce mini-showrooms within some of its stores, featuring Ikea...

JPMorgan Chase Expands with 1,000 New Branches in Seven Years

JPMorgan Chase has opened 1,000 new branches over the past seven years, a number...

Moderna Announces 10% Workforce Reduction Amid Declining Covid Vaccine Sales

Moderna announced plans to reduce its global workforce by about 10% by the end...

Meta Faces $7 Billion Ad Revenue Risk Amid China Tariffs and Retail Pullback

Meta’s core advertising business may suffer a significant financial blow this year, with analysts projecting a potential $7 billion revenue loss due to escalating...

Tesla Eyes India Entry Amid Trade Tensions and Tariff Challenges

Tesla is carefully weighing its entry into the Indian market, according to Chief Financial Officer Vaibhav Taneja, who spoke during an earnings call on...

Tesla’s Optimus Robot Production Hit by China’s Rare Earth Export Curbs

Tesla CEO Elon Musk has confirmed that China’s newly imposed export controls on rare earth magnets are affecting the company’s production of its Optimus...

Nvidia Responds to Congressional Investigation Over H20 Chip Exports to China

Nvidia has responded to the growing scrutiny over its H20 chip exports to China, asserting that it fully complies with U.S. government regulations on...

TSMC Denies Reports of Joint Venture Talks with Intel Amid Chip Industry Challenges

Taiwan Semiconductor Manufacturing Company (TSMC) has firmly denied reports suggesting that it is in discussions with Intel about a potential chipmaking joint venture. CEO...

House Committee Investigates 23andMe’s Bankruptcy Filing and Data Security Concerns

The House Committee on Energy and Commerce is investigating 23andMe’s decision to file for Chapter 11 bankruptcy protection, raising concerns that the company’s sensitive...

FDA Approves Precision Neuroscience’s Brain Implant System for Clinical Use

Precision Neuroscience, a neurotech startup, achieved a major milestone on Thursday with the U.S. Food and Drug Administration’s approval of a core component of...

Global Payments Shares Drop 17% After Worldpay Acquisition and Issuer Solutions Sale

Shares of Global Payments dropped 17% on Thursday following its announcement that it will acquire Worldpay for more than $24 billion while also selling...

New Jersey Attorney General Sues Discord Over Child Safety Concerns

The New Jersey Attorney General has filed a lawsuit against Discord, accusing the company of misleading consumers about its child safety features on the...

Google Faces Major Antitrust Setback in Online Ad Market

Google is facing increasing legal challenges as a U.S. federal judge ruled the company holds illegal monopolies in the online advertising market. The ruling...

Etsy Highlights Local Sellers to Offset Impact of New Tariffs

Etsy is taking steps to help shoppers find and support local businesses as new U.S. tariffs threaten to raise the cost of imported goods....

Lyft Acquires Free Now for $199 Million to Expand into Europe

U.S. ride-hailing company Lyft revealed plans to acquire European taxi app Free Now for 175 million euros ($199 million) in a move that will...

Tech Stocks Tumble as Tariff Fears Hit Chipmakers and AI Growth

Technology stocks saw a sharp decline on Wednesday, led by a 7% drop in Nvidia shares, as mounting concerns over U.S. export restrictions and...

AMD Faces $800 Million Hit from U.S. Export Restrictions on AI Chips

Shares of Advanced Micro Devices fell over 7% on Wednesday following a regulatory filing revealing potential charges of up to $800 million due to...

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