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22Dec

Elon Musk becomes world’s first $700 billion person after pay package ruling

Tesla CEO Elon Musk's net worth surged to $749 billion late Friday after the Delaware Supreme Court reinstated Tesla stock options worth $139 billion that were voided last year, according…

22Dec

Oil jumps after U.S. intercepts Venezuelan oil tanker

Oil prices climbed in early trade on Monday after the U.S. intercepted an oil tanker off the coast of Venezuela in international waters. Brent crude futures rose 44 cents, or…

22Dec

Permira–Warburg Pincus-led group to buy Clearwater Analytics in $8.4B deal

A group of private equity firms led by Permira and Warburg Pincus has clinched a deal to acquire investment and accounting software maker Clearwater Analytics Holdings for about $8.4 billion,…

22Dec

China to roll out new internet platform pricing rules from April 10

China's cyberspace authority said on Saturday it would introduce new regulations to regulate pricing on internet platforms effective from April 10. The rules, among other things, reiterate that platform owners…

22Dec

EU Council backs digital euro with both online and offline use

The EU Council on Friday backed a negotiating position for a digital euro that includes both online and offline functionality, diverging from earlier European Parliament proposals that focused solely on…

22Dec

Italy fines Apple €98.6 million for abusing dominance in iOS app distribution

Italy's competition authority said on Monday it had fined U.S tech giant Apple and two of its units 98.6 million euros ($115.53 million) over alleged abuse of dominant position for…

22Dec

South Korea orders SK Telecom to compensate 58 users after hacking incident

South Korea's consumer agency said on Sunday it would order SK Telecom to compensate 58 users who filed a class action against the company over a recent hacking incident. The…

20Dec

Elon Musk: The Architect of Impossible Bets

On a Tuesday evening in August 2025, a 400-foot rocket thundered off the Texas coast, carrying a dummy satellite and the weight of a failing test programme. SpaceX's Starship had…

20Dec

Visa, Mastercard to Pay $167.5M to Settle ATM Fee Lawsuit

Visa and Mastercard have agreed to pay a combined $167.5 million to settle a class action lawsuit accusing them of conspiring to keep ATM access fees artificially high. The proposed…

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