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Powerball player hits billion dollar jackpot, third largest in history
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Netflix Scraps Its Cheapest Ad-Free Plan
The streaming company said it no longer offers its $9.99-a- month basic plan for new customers in the U.S. and the U.K.
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F.T.C.’s Court Loss Raises Fresh Questions About Its Chair’s Strategy
Lina Khan says a fear of defeat should not deter the agency from suing Big Tech. But after Microsoft won a ruling, her critics say that strategy is flawed.
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Microsoft Can Close Its Activision Deal, U.S. Judge Rules
Microsoft can complete the $75 billion acquisition of Activision Blizzard before a Federal Trade Commission hearing scheduled for August.
By Editors Desk
Latest Business
Taylor Swift Proves Too Big for Ticketmaster, Again
Ticket seller says issues with a third-party provider disrupted ticket sales of ‘Eras Tour’ dates in France
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People in the European Union can’t use Threads, and this is why
Meta's new social network continues to break records, with the number of users approaching 100 million, even though the application isn't available in the European Union.
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Amazon ‘tricked and trapped’ customers with Prime service, FTC claims
US regulator goes after ecommerce giant in its latest lawsuit against Big Tech
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Alibaba Is Replacing Chairman and CEO Daniel Zhang
The Chinese e-commerce company has been struggling with slow growth and poor stock performance
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Microsoft hits ridiculous all-time high
As companies scramble to incorporate artificial intelligence to compete in the future, one major company has emerged as a “sleeping AI giant”.
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Music Companies Sue Twitter Over Alleged Copyright Violations
Publishers representing thousands of artists are seeking more than $250 million in damages for use of music in tweets.
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US moves to block Microsoft's Activision takeover
Regulators in the US have asked a judge to block Microsoft from completing its $69bn (£56bn) purchase of Call of Duty publisher Activision Blizzard.
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George Soros names heir to financial empire – WSJ
The Hungarian-American billionaire is frequently accused of using his wealth to meddle in political affairs
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Can Twitter’s Odd Couple Make It Work? Elon Musk and His New CEO Are About to Find Out
<p>Musk announced her arrival before she had a contract. They haven’t formally agreed on a budget or headcount. And Linda Yaccarino hasn’t even gotten to the hard part yet.</p>
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Amazon to pay over $30 million for Ring and Alexa privacy violations
- Hackers disproportionately targeted cameras that the company advertises for indoor use.
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Microsoft's Activision takeover approved by EU after UK veto
EU regulators have approved Microsoft's $69bn (£55bn) attempt to purchase Call of Duty publisher Activision Blizzard.
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CFO Hiring Was Streamlined During Covid, But More Thorough Vetting Is Back in Vogue
Increased corporate activism and a desire for ‘wartime’ finance chiefs with experience during downturns are driving companies to beef up hiring practices
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Who is Linda Yaccarino, Elon Musk’s pick for Twitter CEO?
Yaccarino is chairman of global advertising and partnerships at NBCUniversal, where she oversees 2,000 workers on a team that has generated more than $100 billion in ad sales, according to her profile on the company’s website.
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Jamie Dimon Wins Again in First Republic Bank Deal
CEO used JPMorgan’s massive balance sheet to beat out smaller banks to buy troubled lender
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First Republic bank seized by US regulators
The struggling lender will be acquired by JPMorgan, the Californian financial watchdog said
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Bed Bath & Beyond Files for Bankruptcy As Last Ditch Efforts Fail
Years of losses and a failed turnaround plan left the retailer struggling to stock stores. The company expects all its retail locations to eventually close.
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