
Amazon Launches Nova Premier AI to Compete with GPT-4o and Gemini
May 01, 2025 02:06 am UTC| Technology Business
Amazon (NASDAQ:AMZN) has unveiled Nova Premier, its most advanced artificial intelligence model to date, at the AWS re:Invent conference, signaling a bold push into the competitive generative AI market. Delivered through...

Apple Faces Criminal Contempt Probe Over App Store Antitrust Order
May 01, 2025 02:02 am UTC| Business Law
Apple Inc. (NASDAQ: AAPL) is under scrutiny after a U.S. federal judge ruled it violated a court order intended to boost competition in its App Store. The ruling stems from a long-running antitrust case brought by Epic...

U.S. Approves $425M Patriot Missile System Sale to Kuwait
May 01, 2025 01:47 am UTC| Politics Business
The U.S. State Department has cleared a potential $425 million sale of Patriot missile system equipment and support services to Kuwait, a move aimed at bolstering defense ties between the two nations. The announcement was...

Woolworths Q3 Sales Beat Forecasts as Price Cuts Boost Grocery Volume
May 01, 2025 01:44 am UTC| Business
Woolworths Group, Australias largest supermarket chain, posted stronger-than-expected third-quarter sales, supported by strategic price cuts that drove increased volumes in its core grocery segment despite ongoing...

Tesla Board Quietly Searches for Elon Musk’s Potential Successor
May 01, 2025 01:42 am UTC| Business
Tesla Inc. (NASDAQ: TSLA) board members have reportedly initiated a quiet search for a potential successor to CEO Elon Musk, according to a Wall Street Journal report published Wednesday, citing sources familiar with the...

Couche-Tard Signs NDA with Seven & i for Potential Takeover Deal
May 01, 2025 01:40 am UTC| Business
Canadian convenience store operator Alimentation Couche-Tard has signed a non-disclosure agreement (NDA) with Japanese retail giant Seven i Holdings, marking a significant step in its ongoing takeover bid. The agreement,...

Meta Stock Jumps After Strong Q1 Earnings and Higher AI Spending Outlook
May 01, 2025 01:33 am UTC| Business
Meta Platforms Inc. (NASDAQ: META) surged over 4% in after-hours trading Wednesday after reporting stronger-than-expected first-quarter earnings and raising its full-year capital expenditure outlook, signaling continued...