The ongoing legal face-off between the Federal Trade Commission (FTC) and tech giant Amazon epitomizes the growing tensions between government regulation and corporate influence. At the heart of this struggle lies the FTC’s accusation that Amazon has effectively trapped consumers in its Prime subscription model, deceiving them into sign-ups and complicating cancellations. The FTC filed
Enterprise
In a striking move that may significantly reshape the conventional landscape of estate planning, the legal technology enterprise Trust & Will has successfully secured $25 million in a Series C funding round. Based in San Diego and climbing the ranks as Number 41 on last year’s CNBC Disruptor 50 list, Trust & Will has now
Oracle’s recent quarterly financial results, unveiled on Monday, presented a mixed bag that has stirred concerns among analysts and investors alike. The tech giant reported an adjusted earnings per share (EPS) of $1.47, falling short of the anticipated $1.49. While this might appear as a minor discrepancy, in the high-stakes world of technology shares, each
In a shocking twist, Tesla’s stock has experienced an unprecedented downturn, marking the automaker’s longest-ever losing streak since its public debut. Over a seven-week span, shares plummeted to a disheartening $270.48, a drop that signifies more than just numerical loss—it embodies shifting investor sentiment, the complexities of the electric vehicle (EV) market, and the repercussions
Once considered the social media titan for all age groups, Facebook is now witnessing a demographic transformation. A stark decline in usage among younger users is evident, with just 32% of U.S. teens active on the platform in 2024, a dramatic drop from 71% in 2014, according to recent findings by Pew Research. This dip
The landscape of digital assets underwent a seismic shift recently, thanks to President Donald Trump’s executive order that established a Strategic Bitcoin Reserve. This landmark decision, as touted by White House Crypto and AI Czar David Sacks, showcases a significant pivot in how the U.S. government intends to engage with cryptocurrencies. By leveraging bitcoin obtained
On a seemingly ordinary Tuesday, Oracle found itself at the center of a significant crisis when its Federal Electronic Health Record (EHR) system experienced a widespread outage affecting users from key government agencies, including the Department of Veterans Affairs (VA) and the Department of Defense. This event, confirmed by the VA, underscores the vulnerabilities embedded
In an exciting twist in the tech arena, content aggregator Digg is attempting to reinvent itself through an unexpected partnership with Alexis Ohanian, a co-founder of Reddit. This collaboration, which pairs the original innovator of Digg, Kevin Rose, with the man who helped Reddit flourish in its infancy, sparks intrigue about the future of social
The recent allegations involving Nvidia’s artificial intelligence chips have cast a shadow over the intricate web of international trade and technology. Malaysia’s reactive stance to investigate local companies in connection with a fraud case linked to the movement of these chips from Singapore to China underscores the significance of maintaining ethical business practices in an
On a troubling Monday for Nvidia, shares took a significant dip of nearly 9% following President Trump’s announcement that tariffs on goods from Canada and Mexico would commence the next day. This downturn in Nvidia’s stock is symptomatic of broader market struggles, as the Dow Jones Industrial Average fell by 800 points, translating to a