Business

New Jersey Takes Legal Action Against Amazon Over Alleged Discrimination Toward Pregnant and Disabled Warehouse Workers

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The state of New Jersey has filed a lawsuit against Amazon, accusing the company of systematically discriminating against thousands of pregnant employees and workers with disabilities across its warehouses. Filed in Essex County Superior Court by Attorney General Matthew Platkin’s office, the complaint claims Amazon violated New Jersey’s anti-discrimination laws by unfairly denying or delaying […]

Amazon Acquires Bee AI to Supercharge Alexa with Wearable Voice Assistant Tech

Amazon AI deal with New York Times

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Amazon and The New York Times have entered into a multi-year AI licensing agreement, marking a significant development in the intersection of media and artificial intelligence. This partnership will integrate NYT’s editorial content—including articles from The Times, NYT Cooking, and The Athletic—into Amazon’s AI-powered services, such as Alexa. Key Details of the Agreement Under the […]

FINANCE NEWS YOU NEED TO KNOW TODAY

Amazon Workers Lose Jobs Before Prime Day : “We’ve Followed Every Rule” Caught in Trump Immigration Crackdown

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Daphnee Poteau, a Haitian immigrant who arrived in the U.S. in 2023, found more than just a job at an Amazon warehouse in Indianapolis—she found her husband, Kristopher Vincent, a longtime employee at the same facility known as IND8. But their future has suddenly become uncertain. Last month, Poteau was contacted by the Department of […]

Amazon to Inject £40 Billion into UK Economy Over the Next Three Years

Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

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Nvidia CEO Jensen Huang visited the White House on Thursday for a meeting with former President Donald Trump, coinciding with Nvidia’s historic climb to become the first publicly traded company to close a trading session with a market valuation surpassing $4 trillion—outpacing both Apple and Microsoft. The meeting took place as Nvidia’s stock saw a […]

Amazon Merges Freevee Into Prime Video, Ending Standalone App in August

Samsung Warns of 56% Profit Drop as AI Chip Race Leaves Tech Giant Lagging

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Samsung Electronics announced on Tuesday that it expects its operating profit for the second quarter to plummet by 56%, highlighting the challenges it faces in keeping up with soaring demand for advanced AI chips dominated by rivals like Nvidia. The South Korean tech giant — known globally for its smartphones and memory chips — projected […]

Microsoft Cuts 9,000 Jobs in Major Restructuring Push to Stay Agile

Apple Increases iPhone Pro Price for First Time in 7 Years, Unveils New iPhone 17 Air

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Apple has officially raised the starting price of its flagship iPhone Pro model in the U.S. for the first time since 2017, a move long anticipated by analysts and investors. The new iPhone 17 Pro now starts at $1,099, which is $100 more than last year’s iPhone 16 Pro. Alongside it, Apple has also introduced […]

Tim Cook’s Masterclass: How Apple Dodged U.S. iPhone Demands While Winning Trump Over

Oracle Bets on AMD with 50,000 AI Chips in 2026, Challenging Nvidia’s Market Grip

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Oracle Cloud Infrastructure announced plans on Tuesday to deploy 50,000 Advanced Micro Devices (AMD) graphics processors starting in the second half of 2026, signaling a major shift in the cloud AI race. Following the news, AMD shares rose about 2%, while Oracle fell 4% and Nvidia slipped more than 3%, reflecting investor reactions to growing […]

Trump Signals Openness to Nvidia Selling a ‘Weakened’ Blackwell AI Chip to China

Disney Warns of Possible ESPN and ABC Blackout on YouTube TV as Contract Talks Near Deadline

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Streaming giant YouTube TV could lose access to major Disney-owned networks — including ESPN and ABC — by the end of the month if a new distribution deal isn’t finalized in time. Disney announced on Thursday that it will begin notifying YouTube TV subscribers about the potential blackout, as its current contract with the platform […]

Showdown Looms: YouTube TV Warns Fox Channels Could Vanish Without Deal

Temu and Shein are pivoting to Europe in face of U.S. tariffs

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Amid escalating U.S. tariffs, Chinese e-commerce giants Temu and Shein are strategically pivoting their focus to Europe, aiming to offset declining U.S. sales and capitalize on the region’s growing demand for affordable online shopping. U.S. Market Challenges The U.S. market, once a significant revenue stream for both platforms, has become increasingly challenging. In May 2025, […]

Is Starlink Coming to Pakistan?

Jeff Bezos Appoints Ex-Amazon Alexa Chief to Lead $10B Climate Initiative

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Jeff Bezos has named longtime Amazon executive Tom Taylor as the new President and CEO of the $10 billion Bezos Earth Fund, a major philanthropic effort focused on tackling climate change and preserving biodiversity. Taylor, who spent over two decades at Amazon and previously led its Alexa voice assistant division and third-party seller services, shared […]

Super Micro Plans Major Expansion in Europe to Meet Soaring AI Server Demand