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Category: Business News

15Nov

Disney and YouTube TV reach deal ending weeks of disruption

Google's YouTube and Walt Disney said on Friday they had reached an agreement to restore Disney-owned networks to YouTube TV, after a fee dispute left millions of subscribers without access…
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15Nov

UK mobile companies face mass lawsuit for allegedly overcharging customers

Britain's biggest mobile network providers including Vodafone, and BT's EE, are facing a multi-billion-pound lawsuit for allegedly overcharging customers, after a London tribunal ruled on Friday that part of it…
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14Nov

Google offers EU to change adtech policy, no divestment

Alphabet's, opens new tab Google has offered to make it easier for publishers and advertisers to use its online advertising technology, defying EU antitrust regulators' call for it to sell…
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14Nov

Trump cuts tariffs on goods like coffee, bananas and beef in bid to slash consumer prices

President Donald Trump on Friday exempted key agricultural imports like coffee, cocoa, bananas and certain beef products from his higher tariff rates. The move comes as Trump faces political blowback…
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14Nov

Etihad Airways nine-month profit up 26% as passenger revenue jumps

Etihad Airways reported a nine-month profit of 1.7 billion dirhams ($463 million) on Friday, up 26% year-on-year, driven by higher revenue in both its passenger and cargo businesses. Passenger revenue…
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14Nov

Apple and OpenAI must face X Corp’s lawsuit for now, US judge rules

Apple, and ChatGPT maker OpenAI on Thursday failed to convince a federal judge to dismiss a lawsuit by Elon Musk’s X Corp accusing them of conspiring to monopolize markets for…
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13Nov

Musk’s xAI is raising $15 billion in latest funding round

Elon Musk’s artificial intelligence company xAI is raising $15 billion from investors, sources familiar with the matter told CNBC’s David Faber. Musk later called the news “False” in a post…
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13Nov

Apple cuts App Store fee in half for ‘mini apps’ that integrate more of its software

Apple on Thursday said it would cut the company’s App Store fees from 30% to 15% for some app makers, if they enter into a new program administered by the…
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13Nov

Tesla recalls 10,500 Powerwall 2 battery systems due to overheating, fire risk

Tesla is recalling around 10,500 units of its Powerwall 2, a backup battery for residential use, according to a U.S. Consumer Product Safety Commission disclosure out Thursday. “The lithium-ion battery cells…
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13Nov

Disney stock falls 7% as media giant posts mixed results

Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but missed on revenue as the company’s entertainment business was weighed down by its TV networks and…
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