Warren Buffett Steps Down as Berkshire Hathaway Chairman — Son Howard Takes the Role
Warren Buffett has stepped down as chairman of Berkshire Hathaway, effective immediately, completing a succession…
Category: Business
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Qualcomm and Amazon Strike $60 Billion AI Chip Deal — With $4 Billion in Stock Warrants Attached
Qualcomm has announced a landmark partnership with Amazon Web Services that could see the cloud…
Bonta Cancels Paramount Settlement Talks, Accuses David Ellison of “Playing Games” in WBD Merger Fight
Settlement talks between California Attorney General Rob Bonta’s coalition and Paramount over its $111 billion…
Bitcoin Surges More Than 22% in a Week as Optimism Returns to Crypto Markets
Bitcoin has broken out of a ten-month bear market with one of its most dramatic…
ABC and Disney Sue the FCC Over Broadcast License Threat in First Amendment Lawsuit
ABC and its parent company Disney took the rare step Tuesday of suing the Federal…
Meta’s California Child Safety Trial Begins — Stakes Could Reach $200 Billion and Force Algorithm Changes
The most consequential legal battle in Meta’s history began Tuesday in Oakland, California. Opening arguments…
Meta Fined $567 Million in Largest Child Safety Ruling — Declared a ‘Public Nuisance’ Like Pollution
A US judge has ordered Meta to pay $567 million for failing to warn the…
Johnson & Johnson Will Pay $5.5 Billion to Settle Baby Powder Cancer Lawsuits After 15 Years
Johnson & Johnson and Kenvue have agreed to pay approximately $5.5 billion to settle tens…
Trump’s New Tariffs Over Forced Labor Claims Anger Allies From Australia to Japan and China
The Trump administration has imposed fresh tariff increases of 10% to 12.5% on 60 economies,…
Stripe and Advent International Make $53 Billion Joint Bid to Acquire PayPal Holdings
Stripe and private equity firm Advent International have jointly offered to acquire PayPal Holdings for…