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Financial News ( 22/02/25 )

admin February 22, 2025

Corporate Developments • Hooters Considers Bankruptcy: Hooters, the well-known restaurant chain, is reportedly preparing for…

Trump Clears Way for American-Owned TikTok Valued at $14 Billion September 26, 2025
The administration has been working for months to find non-Chinese investors for a U.S. version of the app.
‘Peak SF’ on a Friday Night Is a Robot Fight September 25, 2025
The artificial intelligence boom, which has brought techies flocking back to the city, has fueled a resurgence of live — and sometimes futuristic — events.
Amazon to Pay $2.5 Billion in Prime Membership Settlement September 25, 2025
The settlement is one of the largest in the history of the Federal Trade Commission, which sued Amazon two years ago.
Microsoft Disables Some Services to Israel’s Defense Ministry September 25, 2025
Microsoft said it found that Israel was violating some terms of service for its products and that it does “not provide technology to facilitate mass surveillance of civilians.”
Google Asks Supreme Court to Intervene in Dispute With Fortnite Creator September 25, 2025
The case could rewrite the rules on how businesses make money on Google’s smartphone operating system.
Elon Musk’s Father, Errol Musk, Accused of Child Sexual Abuse September 25, 2025
Errol Musk has been accused of sexually abusing five of his children and stepchildren since 1993, a Times investigation found. Family members have appealed to Elon Musk for help.
Elon Musk’s xAI Signs Deal to Provide Grok Chatbot to US Agencies September 25, 2025
The billionaire’s artificial intelligence company, xAI, has secured a deal with the government that will allow federal agencies to use the chatbot Grok for a small fee.
There Are More Robots Working in China Than the Rest of the World Combined September 25, 2025
China has embarked on a campaign to use more robots in its factories, transforming its manufacturing industries and becoming the dominant maker.
Intel Said to Seek Investment From Apple September 25, 2025
The Silicon Valley chipmaker has held talks with Apple about bolstering its finances as it looks to turn around its ailing business.
Amazon Faces Trial on F.T.C. Charges Related to Prime Service September 24, 2025
A trial in federal court in Seattle will determine if millions of customers signed up for Prime because it’s a great deal, or because they were duped.
The F.C.C.’s Brendan Carr Plans to Keep Going After the Media Following Jimmy Kimmel’s Return September 24, 2025
While “Jimmy Kimmel Live!” returned to ABC on Tuesday, the chairman of the Federal Communications Commission has promised to continue his campaign against what he sees as liberal bias in broadcasts.
How to Use Apple’s iOS 26 and Google’s Android 16 September 24, 2025
Don’t have the latest A.I.-powered model? There are still plenty of new features in Apple’s iOS 26 and Google’s Android 16 to make your own.
Argentine Tech Executive Dies After Falling 2,000 Feet on Mount Shasta September 23, 2025
While the Argentine hiker and entrepreneur, Matias Augusto Travizano, was descending the mountain, he fell down a glacier, the authorities said.
OpenAI to Join Tech Giants in Building 5 New Data Centers in U.S. September 23, 2025
Working with the Japanese conglomerate SoftBank and the cloud company Oracle, the A.I. start-up will spend $400 billion over the next five years.
Trump’s $100,000 H-1B Visa Fee Puts Many Tech Start-Ups in a Bind September 23, 2025
Silicon Valley start-ups said they were concerned they would be disproportionately hurt by the new visa fee for skilled foreign workers, given their limited resources.
TikTok Deal Could Make Oracle Founder Larry Ellison a New Kind of Media Mogul September 23, 2025
The database billionaire and his son, David, are Trump favorites. The family could soon control an empire that includes CBS, Paramount, Warner, CNN and a piece of TikTok.
YouTube to Reinstate Accounts Banned Over Content Related to the Pandemic and 2020 Election September 23, 2025
The streaming platform unveiled its plan in a letter to the House Judiciary Committee.
Meta Ramps Up Spending on A.I. Politics With New Super PAC September 23, 2025
The new PAC, which is the second that Meta has unveiled in the last month, is aimed at backing those in support of the artificial intelligence industry.
U.S. Asks Judge to Break Up Google’s Advertising Technology Monopoly September 23, 2025
The Justice Department argued that the best way to address the company’s unfair advantage was to force it to sell off portions of its business.
Nvidia to Invest $100 Billion in OpenAI September 22, 2025
The chipmaker’s investment in the San Francisco start-up is an indication of the wild financial figures being tossed around in the world of artificial intelligence.

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Financial News ( 22/02/25 )

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