
Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case
May 08, 2026 22:13 pm UTC| Law Politics Business Technology Governance
A federal judge has declined to immediately approve a proposed $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) tied to Musks 2022 Twitter stock purchase disclosures. The...

Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone
May 08, 2026 22:08 pm UTC| Business Technology
Broadcom Inc. is reportedly in discussions with Apollo Global Management and Blackstone Inc. to secure around $35 billion in financing for its expanding artificial intelligence chip business, according to a Bloomberg...

Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally
May 08, 2026 22:06 pm UTC| Business Technology
Dell Technologies Inc. (NYSE: DELL) surged to an all-time high on Friday after receiving a public endorsement from President Donald Trump during a White House event. The president encouraged Americans to go out and buy...

Nike Tariff Refund Lawsuit Sparks Consumer Backlash Over Price Increases
May 08, 2026 22:05 pm UTC| Business Law
Nike is facing a proposed class action lawsuit after consumers accused the global sportswear giant of failing to return tariff-related costs that were allegedly passed on through higher product prices. The lawsuit, filed...

TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit
May 08, 2026 21:51 pm UTC| Business Technology Politics Law
TikTok and the Trump administration are reportedly close to reaching a $400 million settlement tied to allegations that the popular video-sharing platform violated U.S. child privacy laws. According to ABC News, the...

Sony Forecasts Lower 2027 Profit Despite Strong Music and Sensor Growth
May 08, 2026 03:49 am UTC| Business
Sony Group Corp. (TYO:6758) projected annual operating profit below market expectations for fiscal 2027, despite posting strong full-year earnings fueled by growth in its music and image sensor businesses. The Japanese...

Morgan Stanley Bets on Optical Component Stocks in Greater China Tech Sector
May 08, 2026 03:40 am UTC| Business
Morgan Stanley has spotlighted optical component manufacturers as the most promising investment opportunities in the Greater China technology hardware sector. The global investment bank believes these companies are...