Business
TikTok remains unavailable in the App Store
TikTok remains unavailable for download in the App Store, so users in the US cannot install or update the app.
Business
Elon Musk admits X is barely breaking even in an email to staff
Elon Musk’s email to X staff reveals the company is barely breaking even, with stagnating user growth and unimpressive revenue.
Business
Trump administration negotiates Oracle-led TikTok takeover
The Trump administration is negotiating a deal for Oracle to take over TikTok as lawmakers push ByteDance to sell its U.S. operations.
Business
AI companies increased federal lobbying in 2024 amid regulatory uncertainty
AI companies increased their U.S. federal lobbying spend 2024 by 141% amid regulatory uncertainty, pushing for key legislative changes.
Business
Character AI claims First Amendment protection in lawsuit over teen suicide
Character AI defends itself in a lawsuit claiming it contributed to a teen’s suicide, arguing First Amendment protection for its AI-generated content.
Business
Retro Biosciences, backed by Sam Altman, aims for US$1 billion to revolutionise ageing
Sam Altman backs Retro Biosciences’ US$1 billion raise to extend lifespan by 10 years, advance longevity technology, and target age-related diseases.
Business
Wall Street banks to sell Elon Musk’s X debt at a discount
Wall Street banks plan to sell debt linked to Elon Musk’s X at a discount as advertisers hesitate over concerns about content and financial…
Business
Survey shows CISOs gain influence in C-suites and boardrooms globally
Global survey shows 82% of CISOs now report directly to CEOs and 83% participate in board meetings, highlighting their growing influence in organisations.
Business
Tata acquires majority stake in Apple partner Pegatron’s India unit
Tata acquires a 60% stake in Apple partner Pegatron’s India unit, strengthening India’s position in iPhone production and tech manufacturing.
