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    Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash

    by admin May 7, 2025
    May 7, 2025

    Amazon’s Zoox issued a software recall for 270 of its robotaxis after a crash in Las…

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  • Business

    Rite Aid files for second bankruptcy in two years

    by admin May 7, 2025
    May 7, 2025

    U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in…

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  • Business

    Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

    by admin May 6, 2025
    May 6, 2025

    Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share,…

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  • Business

    Temu halts shipping direct from China as de minimis tariff loophole is cut off

    by admin May 5, 2025
    May 5, 2025

    Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules on…

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  • Business

    Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

    by admin May 4, 2025
    May 4, 2025

    Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next…

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  • Business

    Netflix stock is trading at all-time high levels in unprecedented win streak

    by admin May 4, 2025
    May 4, 2025

    Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without…

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  • Business

    Data center boom in world’s largest market isn’t slowing down, Dominion Energy says

    by admin May 3, 2025
    May 3, 2025

    Data center demand is not slowing down in the world’s largest market centered in northern Virginia,…

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  • Business

    Tesla denies report it’s looking to replace Elon Musk

    by admin May 3, 2025
    May 3, 2025

    Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal…

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  • Business

    Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China

    by admin May 2, 2025
    May 2, 2025

    Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American…

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  • Business

    Amazon is stepping up to fill a gap in Hollywood’s movie slate

    by admin May 2, 2025
    May 2, 2025

    Tech is saving Hollywood — though not in the way you might think. Back in 2022,…

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