
Amphenol Nears $10.5 Billion Deal for CommScope Broadband Unit
Aug 04, 2025 01:22 am UTC| Business Technology
Amphenol Corporation (NYSE: APH) is reportedly close to acquiring CommScopes (NASDAQ: COMM) broadband connectivity and cable business in a deal valued at about $10.5 billion, according to the Wall Street Journal. Sources...

Google Antitrust Ruling Could Impact Apple’s $28B Search Deal, Says JPMorgan
Aug 03, 2025 12:16 pm UTC| Technology Business Law
A looming U.S. court ruling on antitrust remedies for Googles search business could have major financial implications for Apple, according to JPMorgan analysts. Last year, a federal judge found Google guilty of spending...

Court Revives Negligence Claim Against Elon Musk’s X Over Child Exploitation Content
Aug 02, 2025 03:55 am UTC| Law Business Technology
A U.S. federal appeals court has reinstated part of a lawsuit alleging Elon Musks platform X, formerly Twitter, failed to act swiftly on child sexual exploitation content. The 9th U.S. Circuit Court of Appeals in San...

Big Tech’s AI Spending Surge Fuels Record Growth and Investor Confidence
Aug 02, 2025 03:34 am UTC| Insights & Views Technology
Big Tech companies are pouring unprecedented billions into artificial intelligence, and the returns are starting to show. In the AprilJune quarter, AI drove major gains in cloud computing, digital advertising, and search,...

Nvidia, CapitalG in Talks to Back Vast Data at $30 Billion Valuation
Aug 02, 2025 03:31 am UTC| Business Technology
Alphabets growth-stage venture arm CapitalG and Nvidia (NASDAQ: NVDA) are reportedly in advanced talks to invest in AI infrastructure startup Vast Data, potentially valuing the company at up to $30 billion. The new funding...

Apple Signals Major AI Investment Shift Amid Rising Competition
Aug 02, 2025 03:29 am UTC| Business Technology
Apple CEO Tim Cook announced the company is prepared to boost spending on artificial intelligence, signaling a potential departure from its traditionally cautious approach to acquisitions and infrastructure. Speaking after...

Tesla Ordered to Pay $243M in Florida Autopilot Crash Verdict
Aug 02, 2025 03:24 am UTC| Business Law Technology
A Florida jury has ordered Tesla (NASDAQ: TSLA) to pay $243 million in damages over a 2019 fatal crash involving its Autopilot system, marking a rare legal defeat for the electric vehicle maker. The case centered on a...