
California Rejects Elon Musk’s Request to Join Lawsuit Against OpenAI
Apr 17, 2025 04:27 am UTC| Business Law
Californias attorney general has declined to join Elon Musks lawsuit against OpenAI, stating the legal action does not appear to serve the public interest. Musk, who co-founded OpenAI in 2015 but later left, is suing the...

Nvidia Faces Backlash Over Sudden U.S. Chip Export License Rules to China
Apr 17, 2025 04:27 am UTC| Technology Business
Nvidia (NASDAQ: NVDA) failed to alert major Chinese clients in advance about new U.S. export restrictions on its H20 AI chips, sources familiar with the matter revealed. The U.S. government notified Nvidia on April 9 that...

Lyft Acquires FreeNow for $198M to Expand Ride-Hailing Services in Europe
Apr 17, 2025 04:26 am UTC| Business
Lyft (NASDAQ: LYFT) is entering the European ride-hailing market by acquiring FreeNow from BMW (ETR: BMWG) and Mercedes-Benz (OTC: MBGAF) for 175 million ($198.4 million). This move nearly doubles Lyfts addressable market...

BHP Sees Record Pilbara Output Despite Cyclones, Raises Copper Outlook
Apr 17, 2025 04:26 am UTC| Business
BHP Group (ASX: BHP), the worlds largest listed miner, reported a slight dip in third-quarter iron ore production due to cyclones in Western Australia. Despite the weather-related disruptions from Cyclone Zelia in February...

South32 Manganese Output Falls Sharply Amid Mine Disruptions
Apr 17, 2025 04:26 am UTC| Business
Australian mining giant South32 (OTC:SOUHY) reported a significant drop in third-quarter manganese ore production, falling nearly 30% below analyst expectations due to operational disruptions across key assets. The miner...

Alcoa Projects $90M Hit from U.S. Aluminum Tariffs on Canadian Imports
Apr 17, 2025 04:26 am UTC| Business
Aluminum giant Alcoa (NYSE:AA) said it expects a $90 million impact in the current quarter due to U.S. tariffs on aluminum imports from Canada. The announcement follows U.S. President Donald Trumps ongoing tariff policies,...

Temu and Shein Slash U.S. Ad Spend Amid Tariff Changes
Apr 17, 2025 04:26 am UTC| Business
Chinese e-commerce giants Temu and Shein are cutting back on their U.S. digital advertising budgets, dealing a blow to major platforms like Facebook (NASDAQ:META), YouTube, and TikTok. This shift follows a new executive...