Alphabet’s Google illegally dominated two markets for online advertising technology, a judge ruled Thursday, dealing another blow to the tech giant and paving the way for U.S. antitrust prosecutors to seek a breakup of its…
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Business
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Business
Harvard’s battle with the Trump administration is creating a thorny financial situation
by adminHarvard’s brewing conflict with the Trump administration could come at a steep cost — even for the nation’s richest university. On April 14, Harvard University President Alan Garber announced the institution would not comply with the administration’s demands,…
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OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed. Windsurf, formerly known as Codeium, competes with Cursor, another popular AI coding tool,…
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Business
Universal’s new Epic Universe park set to generate $2 billion for Florida in year one
by adminEpic things are coming to Orlando. In a little more than a month, Universal will officially open the doors of its newest theme park, the first major theme park in the Florida area in 25 years, spurring…
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Business
Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs
by adminChinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to last year’s Super Bowl, has dramatically slashed its online ad spending in the U.S. and seen its ranking in Apple’s App Store plunge…
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Hertz is notifying customers that a data hack late last year may have exposed their personal data. The rental-car giant said an analysis of the incident that it completed on April 2 found the breach…
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Business
Cash App owner Block pays $40 million in settlement over ‘serious compliance deficiencies’
by adminNew York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular money transmission service, after having found the company had “serious compliance deficiencies” related to…
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Business
Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout
by adminRestaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group backed by the company’s founders. Hooters,…
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Tesla CEO Elon Musk said Sunday that his involvement in the Trump administration could be hurting the automaker’s stock price. Speaking at a town hall event in Wisconsin, Musk said his role with the so-called Department…
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Hollywood’s blockbuster slate is heating up, and AMC Entertainment is increasing the number of its premium screens to meet demand. The world’s largest cinema chain is adding 40 Dolby Cinema theaters to its U.S.-based AMC locations through the end of 2027.…