
Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements
May 30, 2026 00:31 am UTC| Business Technology Politics
A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

Universal Music Group Rejects Pershing Square Takeover Proposal
May 30, 2026 00:28 am UTC| Business
Universal Music Group (UMG) has officially rejected an unsolicited acquisition proposal from Pershing Square Capital Management, stating that the offer significantly undervalued the global music company and did not align...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions
May 29, 2026 04:09 am UTC| Business Technology Science
Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

Sable Offshore Wins Key Court Battle Over California Oil Pipeline
May 29, 2026 04:04 am UTC| Law Business
Sable Offshore Corp secured a significant legal victory after a U.S. District Court denied an effort by the California Department of Parks and Recreation to block the company from transporting oil through a disputed...

DOJ Investigates Group Linked to Reid Hoffman Over E. Jean Carroll Lawsuit Funding
May 29, 2026 03:48 am UTC| Law Politics Business
The U.S. Department of Justice has launched an investigation into a group connected to billionaire entrepreneur Reid Hoffman regarding its partial funding of E. Jean Carrolls lawsuits against President Donald Trump,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook
May 29, 2026 03:35 am UTC| Business Technology
MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...

SpaceX IPO Could Become Largest in History with $1.8 Trillion Valuation Target
May 29, 2026 03:30 am UTC| Business Technology
Elon Musks SpaceX is reportedly moving forward with plans for a historic initial public offering (IPO), targeting a valuation of at least $1.8 trillion. According to a Bloomberg News report citing sources familiar with the...