MarketWatch reports that Uber Technologies, an American company that offers cab booking and food delivery services, was fined 290 million euros in the Netherlands for transferring information about European drivers to the United States. The DPA of the Netherlands announced that the organization...

A letter from Skydance's lawyers reads that American Skydance Media has alleged that media holding Paramount Global breached their merger agreement terms, as reported by The Wall Street Journal. Paramount has the right to seek and evaluate alternative purchase offers as part of the merger agreement...

Next week, SpaceX is set to push the boundaries of space exploration with its first-ever private spacewalk, a mission that will test pioneering technologies including slimmed-down spacesuits and a modified Crew Dragon cabin without an airlock. This ambitious venture, one of the riskiest yet for...

Ford Motor is recalibrating its electric vehicle (EV) strategy, making significant changes to its future lineup in response to slower-than-expected EV market growth. The automaker has decided to cancel its plans for a three-row electric SUV and postpone the launch of its next-generation electric...

Staff of the UK fintech startup Revolut have utilized their privilege to divest their shares, leading to the company being valued at $45 billion in total market worth. Therefore, Revolut solidified its position as the priciest startup in Europe. In the year 2021, the company's worth stood at $33...

Social media platform X announced on Saturday that it is shutting down its operations in Brazil "effective immediately," citing "censorship orders" issued by Brazilian judge Alexandre de Moraes. The company, owned by billionaire Elon Musk, claims that Moraes secretly threatened one of its legal...

China's bond market, long buoyed by a rally driven by economic uncertainties, is now facing significant turbulence as government interventions intensify. The once-unstoppable surge in bond prices has stalled, with prices declining and trading activity dropping sharply. This shift comes as Beijing...

Balmuccino, a Los Angeles-based company, has filed its third lawsuit against Starbucks, accusing the coffee giant of misappropriating its idea for coffee-flavored lipstick and lip gloss. This legal action was initiated on Friday in Manhattan federal court, marking the latest development in a...

Warner Bros Discovery is facing increasing financial challenges as S&P lowered its outlook on the company from "stable" to "negative." The downgrade comes as the media giant grapples with a significant decline in its cable TV business, which has been struggling due to a reduction in advertising...