Epic Games Pushes for Supreme Court Review of Apple Case
In a pivotal move on Wednesday, Epic Games, the developer behind the popular game Fortnite, petitioned the US Supreme Court to scrutinize an ongoing antitrust
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H&R Block, Meta, Google Face Class-Action Spyware Lawsuit
In a proposed class-action lawsuit, Google (GOOG, GOOGL), Meta (META), and H&R Block (HRB) stand accused of illicitly collaborating in the use of spyware to
Amazon Fuels AI Revolution with $4B Anthropic Investment
Amazon announced on Monday a substantial investment of $4 billion in San Francisco-based AI company Anthropic. This development mirrors Microsoft’s (MSFT) $10 billion investment in
Costco Exceeds Q4 Projections Despite Wage Concerns
In a robust fiscal fourth quarter (Q4) performance, wholesale retail giant Costco (COST) surpassed Wall Street projections, though investor caution lingers over wage inflation and
Meta Unveils AR/VR headsets and Ray-Ban Smart Glasses
Meta CEO Mark Zuckerberg took center stage at the Meta Connect conference on Wednesday, revealing two groundbreaking high-tech devices poised to reshape the digital landscape:
Nike Q1 Results: Wall Street Anticipates Slowdown Impact
Athletic apparel giant Nike is set to unveil its fiscal first-quarter (Q1) results after Thursday’s market close, amid heightened investor scrutiny over consumer spending trends
FTC vs Microsoft: Activision Blizzard Acquisition Rekindled
The Federal Trade Commission (FTC) has resurrected its legal challenge against the monumental $69 billion acquisition of gaming juggernaut Activision Blizzard by Microsoft. Filed on
Goldman Sachs: 90% Odds of Imminent Government Shutdown
As the September 30th funding deadline approaches, economists at Goldman Sachs have issued a stark warning, estimating a 90% likelihood of a government shutdown in
Gensler: Government Shutdown Threatens SEC Operations
The Chair of the Securities and Exchange Commission (SEC), Gary Gensler, issued a stark warning to Washington lawmakers on Wednesday, emphasizing the potential consequences of
FTC Alleges Monopoly: Amazon Faces Antitrust Lawsuit
The US Federal Trade Commission (FTC) and 17 states have jointly filed a groundbreaking antitrust lawsuit against e-commerce behemoth Amazon (AMZN) on Tuesday, alleging the
