Business
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TikTok Pays $400 Million to Settle US Children's Data Privacy Lawsuit
TikTok has agreed to a $400 million settlement with the US Justice Department over allegations that it illegally collected data from children, marking one of the largest privacy penalties ever for a tech company.
21 sources · over 4 days
Paramount Demands $1.88 Billion Bond Over Warner Bros. Merger Delays
Paramount Skydance is seeking a massive bond from states and the Writers Guild as its $110 billion merger with Warner Bros. Discovery faces costly antitrust delays and settlement talks stall.
18 sources · over 8 days
Xpeng Robotics Raises $900 Million, Targets IRON Humanoid Production in 2026
Xpeng's robotics division has secured over $900 million from top Chinese investors including Alibaba and Tencent, aiming to mass-produce its IRON humanoid robot by the end of the year despite challenges in its core EV business.
11 sources · over 2 days
German Economy Surprises With Strong Q2 Growth Despite Rising Deficit
Germany's economy grew faster than expected in the second quarter of 2026, driven by exports, even as a significant budget deficit raises questions about the recovery's sustainability.
12 sources · today
Two Air India Pilots Suspended After Failing Preliminary Drug Tests Post-Flight Incident
Following a serious Phuket-Delhi flight incident, Air India suspended two pilots after they failed initial drug tests, sparking a nationwide review of pilot drug screening protocols and stricter regulatory scrutiny.
11 sources · over 9 days
Tesla Recalls 3 Million Cars in China After Door Handle Safety Scare
China has ordered Tesla to recall nearly 3 million vehicles due to emergency door handle safety concerns, prompting the country's largest-ever automotive recall and new scrutiny of minimalist car design.
31 sources · over 4 days
Alibaba's Profit Plunges 75% as AI Investments Soar and Stock Swings
Alibaba's quarterly profit collapsed after a massive $10 billion push into AI, sparking market volatility and a record-breaking share sale to fund its ambitions in artificial intelligence.
17 sources · over 5 days
Uber Fined €825 Million in Netherlands for Automated Driver Suspensions
Dutch privacy regulators have fined Uber a record €825 million for using algorithms to deactivate driver accounts without human review or proper notice, raising major questions about algorithmic management in Europe.
17 sources · over 3 days
Walmart Will Accept Apple Pay and Google Pay at All US Stores by 2026
After years of holding out, Walmart will begin accepting Apple Pay and Google Pay at its US stores starting August 24, 2026, marking a major shift in its payment strategy and customer experience.
21 sources · over 3 days
Mark Zuckerberg Buys Strancally Castle, a 19th-Century Estate in Ireland
Mark Zuckerberg and Priscilla Chan have bought Strancally Castle in County Waterford for about $35 million, expanding their real estate holdings and drawing attention to tech billionaires' interest in Irish estates.
17 sources · over 3 days
Walmart and Target Receive Billions in Tariff Refunds, Promise Lower Prices
Walmart and Target have been granted major tariff refunds from the US government, with both retailers pledging to use these funds to reduce prices for consumers as sales growth slows.
16 sources · over 4 days
TikTok Agrees to $400 Million Settlement With US Over Child Privacy Violations
TikTok and its parent company ByteDance will pay $400 million to resolve US Justice Department allegations that they violated children's privacy laws, marking one of the largest such settlements in the country.
27 sources · today