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    Elon Musk’s X argued that the Australian internet watchdog’s application was ‘dangerous precedent’ that could threaten the concept of an open internet © Leon Neal/Pool/Reuters

    Elon Musk’s X wins Australia court fight over censorship of church stabbing video

    Billionaire’s social media platform said takedown request set ‘dangerous precedent’ for open internet

    By Editors Desk

    Latest Business

    Universal Music ends boycott of TikTok with new licensing deal

    Universal Music ends boycott of TikTok with new licensing deal

    Taylor Swift — who is Universal’s biggest artist but owns the copyright to her recordings — reinstated her music on TikTok last month. putting her at odds with the company’s boycott © Ahok Kumar/Getty Images/TAS Rights Management

    TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington

    Investor’s Susquehanna International Group owns estimated $40bn stake in parent company ByteDance as app faces potential ban

    © FT montage/Eddie Malluk

    Why some families will spend $380,000 to visit Paris this summer

    A rendering showing premium seats at the Olympics opening ceremony. On Location

    Tesla lays off more than 10% of its workforce

    Tesla will lay off more than 10% of its global electric vehicle workforce.

    Getty Images

    California just hiked minimum wage for fast food workers. Some restaurants are replacing them with kiosks

    An automated screen to select and order your food is shown at a McDonald's restaurant in Del Mar, California as the state began a new wage law on April 1, 2024. Mike Blake/Reuters

    WME owner Endeavor to go private again after three-year run as a public company

    Ari Emanuel speaks during a festival in 2015. (Ilya S. Savenok)

    Steven Mnuchin wants to buy TikTok without the one thing that makes it so valuable: the algorithm

        • Former Treasury Secretary Steven Mnuchin said he wanted to buy TikTok.
        • Part of his plan involves scrapping the original algorithm and rebuilding the app.
        • That's really hard to do, critics say.

    Steven Mnuchin, the former US Treasury Secretary, says he wants to rebuild TikTok. Patrick T. Fallon/AFP via Getty Images

    Ryan Reynolds fairytale now a $17m mess

     

    Fans knew Hollywood star Ryan Reynolds was losing a “tonne of money” — but the latest figures show it has got a lot worse.

    Wrexham owners Rob McElhenney and Ryan Reynolds hold the Vanarama National League Trophy. Photo by Matthew Ashton - AMA/Getty Images.

    ‘ALL AN ACT’: Judge rips into corrupt crypto king sent down for 25 years

    Sam Bankman-Fried, who built a crypto empire worth billions, will spend 25 years behind bars after the company he ran unravelled with $12 billion of its customers’ cash.

    Former FTX chief executive Sam Bankman-Fried leaves Manhattan federal court, New York, January 3, 2023. (Photo by Ed JONES / AFP)

    FTX Founder Sam Bankman-Fried Sentenced to 25 Years

    In addition to the prison sentence, Kaplan also ordered a forfeiture of $11.2 billion.

    Sam Bankman-Fried, the jailed founder of bankrupt cryptocurrency exchange FTX, is sworn in as he appears in court for the first time since his November fraud conviction, at a courthouse in New York, U.S. on Feb. 21, 2024 in this courtroom sketch. JANE ROS

    A Pivot to China Saved Elon Musk. It Also Binds Him to Beijing.

    Tesla and China built a symbiotic relationship that made Mr. Musk ultrarich. Now, his reliance on the country may give Beijing leverage.

    Elon Musk dancing in 2020 as his company, Tesla, unveiled the first cars made at its factory in Shanghai. Credit...Aly Song/Reuters

    Here’s how Elon Musk became “kind of pro-China.”

    Mr. Musk helped create China’s electric vehicle industry. But he is now facing challenges there as well as scrutiny in the West over his reliance on the country.

    Elon Musk, Tesla’s chief executive, dancing onstage during a delivery event for Tesla’s China-made Model 3 cars in Shanghai in 2020.Credit...Aly Song/Reuters

    Trump social media company Truth Social surges in Nasdaq debut

    Shares of Donald Trump’s social media company jumped more than 30% in the first day of trading on the Nasdaq, boosting the value of Trump's large holdings in the company as well as the smaller stakes of fans who purchased shares as a show of support for the former president.

    In this photo illustration, Republican presidential candidate Donald Trump's social media platform Truth Social is shown on a tablet on March 25, 2024 in Chicago, Illinois. © Scott Olson, Getty Images via AFP

    Trump’s Truth Social is now a public company. Experts warn its multi-billion-dollar valuation defies logic

     

    Trump’s Truth Social is now a public company. Experts warn its multi-billion-dollar valuation defies logic

    Donald Trump's Truth Social set to begin trading as DJT Tuesday

    Former President Donald Trump's Truth Social to go public after merger

    The Truth social network logo is seen displayed in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration / DADO RUVIC, REUTERS

    Boeing CEO quits after horror jet accidents ​

    After a string of safety failures including a door blowing open mid flight on a 737 Max, the boss of Boeing has fallen on his sword.

    (FILES) Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, DC, on January 24, 2024, following the Alaska Airlines flight when a doof fell off. (Photo by Jim WATSON / AFP)
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