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Finance News

FTC sues Uber, says company charged for Uber One without consent

FTC sues Uber, says company charged for Uber One without consent

Finance News

Travelers walk past a sign pointing toward the Uber rideshare vehicle pickup area at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California. Mario Tama | Getty Images The Federal Trade Commission on Monday sued Uber, accusing the ride-hailing and delivery company of deceptive billing and cancellation practices tied to its […]

FTC sues Uber, says company charged for Uber One without consent Read More »

Musk says he’s looking to put ‘proper value’ on xAI during investor call, sources say

Musk says he’s looking to put ‘proper value’ on xAI during investor call, sources say

Finance News

Tesla CEO Elon Musk attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025.  Nathan Howard | Reuters Elon Musk is looking to put “proper value” on his artificial intelligence startup xAI, sources told CNBC’s David Faber. The comments came during a call with xAI investors last week, sources familiar

Musk says he’s looking to put ‘proper value’ on xAI during investor call, sources say Read More »

How quantum could supercharge Google’s AI ambitions

How quantum could supercharge Google’s AI ambitions

Finance News

Inside a secretive set of buildings in Santa Barbara, California, scientists at Alphabet are working on one of the company’s most ambitious bets yet. They’re attempting to develop the world’s most advanced quantum computers. “In the future, quantum and AI, they could really complement each other back and forth,” said Julian Kelly, director of hardware

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Etsy touts ‘shopping domestically’ as Trump tariffs threaten price increases for imports

Etsy touts ‘shopping domestically’ as Trump tariffs threaten price increases for imports

Finance News

An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy is trying to make it easier for shoppers to purchase products from local merchants and avoid the extra cost of imports as President Donald Trump’s sweeping tariffs raise concerns about soaring

Etsy touts ‘shopping domestically’ as Trump tariffs threaten price increases for imports Read More »

Global Payments shares plunge 17% after company announces billion Worldpay deal

Global Payments shares plunge 17% after company announces $24 billion Worldpay deal

Finance News

The Global Payments Company logo seen displayed on a smartphone. Igor Golovniov | LightRocket | Getty Images Global Payments shares tumbled 17% on Thursday after the company said it’s buying Worldpay for more than $24 billion while simultaneously selling its Issuer Solutions business to Fidelity National Information Services. The company said that in acquiring Worldpay,

Global Payments shares plunge 17% after company announces $24 billion Worldpay deal Read More »

Brain implant cleared by FDA for Precision Neuroscience, a Musk Neuralink rival

Brain implant cleared by FDA for Precision Neuroscience, a Musk Neuralink rival

Finance News

Array from Precision Neuroscience. Source: Precision Neuroscience Neurotech startup Precision Neuroscience on Thursday announced that a core component of its brain implant system has been approved by the U.S. Food and Drug Administration, a major win for the four-year-old company. Precision is building a brain-computer interface, or a BCI, which is a system that decodes

Brain implant cleared by FDA for Precision Neuroscience, a Musk Neuralink rival Read More »

Judge finds Google holds illegal online ad tech monopolies

Judge finds Google holds illegal online ad tech monopolies

Finance News

Google’s Munich headquarters on Jan. 31, 2025 in Munich, Germany. The company’s development center is located in Arnulfpark. More than 2,500 employees work for the US company at various locations in Germany.  Matthias Balk | Picture Alliance | Getty Images Alphabet‘s Google illegally dominated two markets for online advertising technology, a federal judge said on Thursday, dealing

Judge finds Google holds illegal online ad tech monopolies Read More »

TSMC denies it’s talking to Intel about chipmaking joint venture

TSMC denies it’s talking to Intel about chipmaking joint venture

Finance News

A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Company denied reports that the semiconductor giant was in active discussions with Intel

TSMC denies it’s talking to Intel about chipmaking joint venture Read More »

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