Trump Denies Reports on Dimon, Fink for Treasury Secretary
Trump refuted denies he would appoint Jamie Dimon or Larry Fink as Treasury Secretary, stating neither was considered for his potential…
Tesla to Report Q2 Earnings Tuesday; Investors Seek Robotaxi Update
Tesla will report Q2 earnings Tuesday, with investors eager for updates on its robotaxi, humanoid robots, and CEO Elon Musk’s priorities Tesla…
Monarch Tractor CEO: $133M Raise to Tackle Challenges
In the latter part of last year, Monarch Tractor found itself in a precarious position as the autonomous electric tractor startup navigated an…
CrowdStrike Shares Fall 13% After IT Outage
After Wall Street analysts downgraded CrowdStrike stock on Monday due to financial concerns from a global cyber outage last week, shares fell…
G20 Focuses on Digital Tax Amid US Tariff Threat
After missing the June 30 deadline, nations are looking to a Group of 20 finance leaders meeting this week for progress on a delayed plan to…
Wiz Cancels $23B Google Deal
A Wiz document states that Israeli cybersecurity startup Wiz has stopped talks with Google-parent Alphabet on a $23 billion purchase that…
Cohere Secures $500M to Outpace Generative AI Rivals
Cohere, a generative AI startup that former Google researchers co-founded, has secured $500 million in new funding from a variety of…
Linx Raises $33M to Secure Identity in New Security Perimeter
Linx secures $33M in funding to advance its AI-driven identity management solutions, aiming to address security challenges and strengthen…
Swiggy’s Minis Service Becomes Link-in-Bio for Small Businesses
Swiggy Minis, an Indian food delivery and quick commerce startup, is restructuring one of its lesser businesses Swiggy Minis, a Shopify…
Verizon’s Custom Plan Surges Subscriber Growth
Verizon Communications reported on Monday that it added more wireless subscribers than anticipated in the second quarter The company…
Ocado Gets Boost From Kroger’s Tech Order
Ocado announced on Monday that Kroger, its U.S. partner, had ordered a variety of new automated technologies for its warehouses Ocado’s…
Elliott Holds Significant Stake in Starbucks, Talks With Management
“Elliott has invested heavily in Starbucks and is working with management to boost performance, as CEO Laxman Narasimhan faces pressure…
Oracle Settles Consumer Privacy Case for $115M
Oracle paid $115 million to settle a lawsuit accusing it of gathering and selling personal data A preliminary settlement of the proposed class…
CrowdStrike Shares Drop 15% After Major Outage
Shares of CrowdStrike fell 15% after a defective update caused a major outage, impacting global IT systems, while Microsoft, also affected,…
Netflix Exceeds Subscriber Targets, Warns on Ad Growth
Netflix said Thursday it attracted more than 8 million customers in its second quarter thanks to a password-sharing crackdown and hits like…
Meta Suspends AI Tools in Brazil
Meta Platforms suspended generative AI tools in Brazil on Wednesday in reaction to the government’s concerns to its new privacy policy…
Tech Stocks Wobble Amid Sino-US Chip War
After word that the US proposed harsher export restrictions on advanced semiconductor technology to China, Asian chip stocks fell while…
Over 40% of Japanese Firms Lack AI Plans
A Reuters study revealed Thursday that nearly 25% of Japanese companies have adopted AI, while more than 40% have no plans to employ it…
Nokia Profit Drops 32%, Demand Expected to Improve
On Thursday, Finnish telecom equipment company Nokia said that its second-quarter operating profit plummeted 32% due to sluggish 5G telecom…
EU Court Upholds Gatekeeper Label for ByteDance, Boosting Regulators
TikTok owner ByteDance lost its court battle against its status as a gatekeeper under new EU laws on Wednesday, boosting antitrust…