The European Union’s first penalty under its online content law has placed new pressure on Elon Musk’s X platform as regulators move to shape how major tech firms operate in Europe. The €120 million ($140 million) fine, announced on Friday, has become a test case for how the bloc plans to enforce the Digital Services
Netflix has agreed to acquire the studios and streaming businesses of Warner Bros Discovery (WBD) in a deal valued at $83 billion, marking one of the most consequential consolidation moves in Hollywood’s modern era. The massive takeover will position the streaming giant as the industry’s most powerful entertainment company. A deal that reshapes Hollywood The
With hybrid and other flexible work models becoming a defining feature of India’s corporate landscape, business travel is emerging as more indispensable than ever. A Deloitte report projects the corporate travel market to grow at a 10.1% CAGR, doubling to US$20.8 billion by FY2030. Meanwhile, India’s overall travel market is expected to reach US$97 billion,
Bitcoin (BTC) and Ethereum (ETH) traded slightly lower on Friday, but as a new report by Bybit and Block Scholes points out, the top coins are holding onto recent gains amid signals of a market recovery. Many other altcoins have also maintained the upward structure after Monday’s crash, with momentum likely to be anticipated if
SoFi stock price tanked by over 6% in the extended hours as concerns about increased dilution continued. It dropped to $27.7 from the closing price of $30, and 15% below the highest point this year. So, is the ongoing sell-off warranted? SoFi stock price tanks amid dilution fears SoFi, a top American fintech, came under
Hewlett Packard Enterprise (NYSE: HPE stock) tumbled 9% on Friday after the company revealed that its blockbuster AI server story is hitting speed bumps. The development came as HPE reported its Q4 earnings, which displayed a mixed picture. The company posted solid profit margins but a revenue shortfall that signaled trouble ahead. HPE missed Wall
While bears dominated the broader crypto market on Friday, IOTA took it to X to celebrate ten years of operation by opening a new chapter, one that prioritizes institutional-level engagement, regulatory alignment, and scaling. According to today’s, December 5, official blog, BitGo has added support for IOTA’s Mainnet, consequently offering American businesses a compliant and
The DocuSign stock price retreated by over 6% after the market closed on Thursday, following the release of its third-quarter financial results. It fell to $66.50, down from the regular session high of $72.35, and 35% below its highest level in December last year. DocuSign growth has stalled DocuSign, a company that thrived during the
Dow futures pointed higher on Thursday, as they edged over 60 points with the investors looking hopeful about another rate cut by the Federal Reserve. The futures tied to other Wall Street indices also gained as S&P futures were trading 0.09% up, while Nasdaq futures were 0.13% up at press time. Easing Treasury yields, softer
Nigel Farage’s Reform UK has received its largest-ever donation, with businessman Christopher Harborne handing the party £9 million in August, according to new Electoral Commission filings. The contribution, one of the biggest by a living person to a British political party, arrives ahead of crucial local and national assembly elections scheduled for May next year.