Tag: Business

eBay rejects GameStop’s $56 billion acquisition bid

No thank you, we’re good. | Photo by Brandon Bell/Getty Images eBay has officially rejected GameStop's offer to...

Palantir’s true believers are wearing this jacket

In late April, Palantir - the software company that, in recent years, has perhaps become best known...

Nintendo is raising Switch 2 prices

Nintendo is raising the price of its Switch 2 console globally, "in light of changes in market...

The clippening

Earlier this year, after a tumultuous period serving as the former second-in-command at the FBI, Dan Bongino...

GameStop makes $56 billion offer to acquire eBay

GameStop has made an offer to acquire eBay for $56 billion, which comes as part of GameStop...

Rivian’s revenue is up as R2 production kicks into gear

Rivian reported its first quarter earnings of 2026, providing us a closer look at the company's financial...

Microsoft reports sinking Xbox revenue as its cloud business climbs

Microsoft's Xbox hardware revenue continues to tumble, with the company revealing a 33 percent decline as part...

Traeger debuts the Irontop, a more affordable gas-powered griddle

Traeger’s first non-pellet grills debuted in 2023. Jumping into the griddle craze, the company introduced the Flatrock...

Union accuses Apple of unlawful discrimination against represented workers

The International Association of Machinists and Aerospace Workers (IAM) union has accused Apple of unlawfully discriminating against...

Kalshi suspended three political candidates from its platform for insider trading

Prediction market Kalshi has taken action against three political candidates, alleging that each was engaged with insider...

Meta has misled users about scam ads on Facebook and Instagram, lawsuit says

Meta is facing a new lawsuit over its advertising practices. The nonprofit group Consumer Federation of America...

The SpaceX IPO is a trillion-dollar gamble on the future of space

Booster 19, or ''B19'', is seen atop pad 2 at SpaceX's South Texas facility in Cameron County,...

Amazon allegedly pressured companies to raise product prices with other retailers

Rob Bonta, the Attorney General of California, has released an unredacted copy of a legal document that...

Betting on the news raises ethical questions for journalists

Prediction market exchanges have created an environment where just about any piece of information is potentially monetizable:...

The European Commission wants Google to share search engine data with competitors

The European Commission has proposed new measures for Google aimed at bringing the tech giant's search business...

Federal jury finds concert business Live Nation is a monopoly

Live Nation, which operates the Ticketmaster platform, has been determined to be a monopoly. A federal jury...

Snap is laying off 16 percent of its staff as it leans into AI

Snap is laying off roughly 16 percent of its global workforce in a cost-cutting effort to chase...

Slate raises $650 million to make its budget electric truck

Slate Auto, the EV startup backed by Jeff Bezos, raised $650 million to fund its effort to...

Can Puck reinvent the news business for the influencer age?

Today, I’m talking with Sarah Personette, CEO of Puck, which is a fancy new media company that’s...

OpenAI says Elon Musk is orchestrating a last-minute ‘legal ambush’ before trial

The feud between Elon Musk and OpenAI is getting even more contentious as the two sides get...

Apple is closing three US stores, including the first to unionize

Apple is closing three of its retail stores this summer, including its first location to unionize. The...

Tesla is un-canceling its plan to build a smaller, cheaper EV: report

It looks like a smaller, cheaper Tesla is back on the menu. Today, Reuters is reporting that...

GoPro is cutting 23 percent of its workforce

The GoPro Max2 is the company’s most recent action camera, launched in September 2025. | Image: GoPro GoPro...

Elon Musk wants any damages from his OpenAI lawsuit given to the AI company’s nonprofit arm

Elon Musk is still taking OpenAI to court over its transition to a for-profit company, but today...

Three YouTubers accuse Apple of illegal scraping to train its AI models

Three YouTube channels have banded together and filed a class action lawsuit against Apple, as first spotted...

Can AI responses be influenced? The SEO industry is trying

Let's pretend you work in IT and you're looking for a new digital service desk platform to...

It’s no longer free to use Claude through third-party tools like OpenClaw

Anthropic is no longer offering a free ride for third-party apps using its Claude AI. Boris Cherny,...

Tesla’s sales recover slightly, but the trend lines are all bad

Tesla's first quarter sales report is out, and depending on how you look at it, the numbers...

Insider trading or random guy? It doesn’t matter to Polymarket

In mid-March, conspiracy theories swirled claiming Benjamin Netanyahu had been replaced by an AI clone. Though there...

SpaceX reportedly files for IPO but it’s keeping the numbers secret (for now)

The world’s first trillionaire? | Image: Cath Virginia / The Verge, Getty Images What's expected to be the...

The UK’s antitrust regulator is looking into Microsoft’s possible monopoly power

The UK's Competition and Markets Authority is once more turning its lens on Microsoft. The tech company...

TCL is officially taking over Sony’s TV business in new partnership [U]

One of the most beloved names in the TV business is throwing in the towel, as Sony’s...