Business News

Business

Tesla Surges 10% Amid US Regulatory Ease, Sparks India Market Entry Rumors

Tesla Inc. stock jumps over 10% after US eases autonomous vehicle regulations, while refunds in India hint at market entry. The stock trades at $285.88, still down 29.5% YTD.

Business

Spotify Announces Global Subscription Price Hike Excluding the US: What You Need to Know

Spotify is set to raise subscription prices in multiple countries outside the US this summer, with individual plans in Europe and Latin America increasing by €1. The US market rema...

Business

Google Faces Major Antitrust Lawsuit Hearing: What Could This Mean for Tech Giants?

A federal judge sets a May 2 hearing for the antitrust case against Google, focusing on its digital advertising practices. The DOJ seeks severe penalties, including ending Apple pa...

Business

DoorDash Proposes a Staggering $3.6 Billion Takeover of Deliveroo: What's Next?

Deliveroo has confirmed a $3.6 billion acquisition proposal from DoorDash, valuing the company at 180 pence per share. The board is considering recommending the offer, but discussi...

Business

Google Faces Major Antitrust Lawsuit: May 2 Hearing to Decide Future of Digital Advertising

A federal judge sets a May 2 hearing for Google's antitrust lawsuit, with the DOJ seeking severe penalties over its digital advertising practices. Concerns include market dominance...

Business

DoorDash Proposes $3.6 Billion Takeover of Deliveroo: A Game-Changer in Food Delivery

Deliveroo has confirmed a $3.6 billion acquisition proposal from DoorDash, valuing the company at 180 pence per share. The board is inclined to recommend the offer, but discussions...

Business

Colgate-Palmolive Q1 2025: Net Sales Dip 3.1% to $4.9B Yet Beats Expectations

Colgate-Palmolive reports a 3.1% drop in Q1 2025 net sales to $4.9B but exceeds expectations. EPS rises to $0.85, with a slight net income increase. The company forecasts organic s...

Business

Meta's Llama AI Revolutionizes Space Research Aboard the ISS National Lab

Meta Platforms Inc. announces the deployment of its open-source AI model, Llama, to the ISS National Lab, in collaboration with Booz Allen Hamilton. This initiative aims to revolut...