U.S. online retail spending surged by $24.1 billion from July 8 to 11, a period dubbed “Black Friday in Summer,” exceeding Adobe Analytics’ forecast as shoppers...
Meta Unlikely to Further Change Pay-or-Consent Model, Faces Imminent EU Fines: Sources
Meta Platforms is expected to maintain its current pay-or-consent model without further adjustments, making it nearly certain to face new antitrust charges and significant daily fines...
Google Hires Key Windsurf Executives in $2.4 Billion Deal to Boost AI Coding Efforts
Alphabet’s Google has secured several leading staff members from AI code-generation startup Windsurf as part of a $2.4 billion licensing deal, the companies announced on Friday....
Musk’s xAI Eyes $170-$200 Billion Valuation in Upcoming Funding Round, Financial Times Reports
Elon Musk’s artificial intelligence company xAI is reportedly preparing to raise additional capital in a funding round that could value the firm between $170 billion and...
Apple Bids Over $150 Million Annually for U.S. Formula 1 Streaming Rights
Apple has made a bid of at least $150 million per year to secure the U.S. streaming rights for Formula 1 races starting in 2026, according...
Trump’s $100 Million Crypto Investor Aqua 1 Foundation Remains a Mystery
A previously little-known entity called Aqua 1 Foundation made headlines in late June by purchasing $100 million worth of crypto tokens from President Donald Trump’s World...