Technology

Apple Files Fresh Legal Challenge Against UK Demand for Encrypted iCloud Data

Apple has filed a new legal challenge at the Investigatory Powers Tribunal against a UK Home Office demand for back-door access to encrypted iCloud data.

Snap Shares Jump 10% on Earnings Beat and Upbeat Sales Forecast

Snap stock surged about 10% after topping second-quarter earnings estimates and issuing an upbeat sales forecast, aided by World Cup advertising demand.

Palantir, Snap and On Semiconductor Lead After-Hours Stock Moves on Earnings

Palantir, Snap and On Semiconductor were among the biggest after-hours stock movers following the latest round of quarterly earnings reports.

Larry Berg Named Next MLS Commissioner, Succeeding Don Garber in 2027

LAFC co-owner Larry Berg will become the next MLS commissioner, succeeding Don Garber, as the league eyes momentum from the 2026 World Cup.

25 States Sue Trump Administration Over Latest Global Tariffs on 60 Trading Partners

Twenty-five Democratic-led US states sued the Trump administration, arguing its latest tariffs on 60 trading partners exceed presidential authority.

Amazon Sellers Struggle with Rising Tariffs and Price Increases

For the past 10 years, Aaron Cordovez has been selling kitchen appliances on Amazon through his company, Zulay Kitchen. However, recent challenges have emerged...

Alphabet Stock Gains on Strong Earnings and AI Product Growth

Alphabet's stock rose by 1.7% on Friday, fueled by strong growth in its search and advertising sectors, even amid a competitive artificial intelligence landscape...

California DMV Proposes Comprehensive Rules for Testing and Deploying Self-Driving Vehicles

California is preparing to implement new regulations for the testing and deployment of self-driving vehicles, marking a significant step in the state’s efforts to...

SEC Chair Calls for Overhaul of Crypto Regulation Amid Industry Growth

SEC Chair Paul Atkins stated that innovation in the cryptocurrency industry has been hindered over the past several years, urging the need for substantial...

Elon Musk’s xAI Seeks $20 Billion Funding Round to Boost AI Expansion

Elon Musk's xAI Holdings is reportedly in discussions with investors to raise $20 billion, which would value the company at over $120 billion. This...

Elon Musk’s xAI Eyes $20 Billion Funding Round Amid AI Expansion

Elon Musk’s artificial intelligence venture, xAI Holdings, is reportedly in advanced discussions with investors to secure a new round of funding totaling approximately $20...

How Businesses Can Successfully Manage Global Mass Payouts

As businesses expand globally, financial transactions become more complex, requiring efficient methods for handling payments at scale. Mass crypto payouts are gaining traction as...

Revolut Hits $1 Billion Profit as It Prepares UK Bank Launch

British fintech firm Revolut has reached a major milestone, announcing a net profit of £1.1 billion ($1.5 billion) for the year ending December 31,...

Adobe to Launch Mobile Version of AI Image Generator Firefly

Adobe has announced plans to launch a mobile version of its Firefly AI image generation tool, enhancing its challenge to competitors like OpenAI. At...

South Korea Investigates DeepSeek for Unauthorized Data Transfers

South Korea's data protection authority, the Personal Information Protection Commission (PIPC), has determined that Chinese AI startup DeepSeek collected personal data from local users...

ServiceNow Shares Surge After Strong Q1 Results and Upbeat Forecast

ServiceNow saw its shares surge more than 15% after posting stronger-than-expected first-quarter results and issuing an optimistic full-year forecast, despite the ongoing macroeconomic uncertainties....

Meta Lays Off Employees in Reality Labs as It Restructures for Future VR and AR Growth

Meta has made significant layoffs in its Reality Labs division, which focuses on developing virtual reality (VR), augmented reality (AR), and related wearable devices....

Waymo Surpasses 250,000 Weekly Robotaxi Rides as It Expands in the U.S.

Alphabet's autonomous vehicle division, Waymo, has hit a new milestone, now delivering more than 250,000 paid robotaxi rides per week across the United States....

Intel Warns of Recession Risks Amid Tariff Uncertainty and Trade Disruptions

Intel’s Chief Financial Officer David Zinsner warned that rising tariffs imposed by the U.S. and retaliatory measures from other countries are significantly increasing the...

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