Italy investigates Sephora and Benefit over skincare marketing to children
[ad_1] A view of a Sephora beauty product store on May 30, 2025 in Sherman Oaks, California. Justin Sullivan | Getty Images Italian regulators are looking to clamp down on the tween skincare obsession and are investigating the LVMH-owned cosmetic brands Sephora and Benefit over an “insidious” marketing campaign to children. The Italian Competition Authority […]
Meta must pay $375 million for violating New Mexico law in child exploitation case, jury rules
[ad_1] A New Mexico state court jury on Tuesday held Meta liable for nearly $400 million in civil damages after a trial where the state attorney general accused the Facebook and Instagram operator of failing to safeguard kids who use its apps from child predators. The civil trial, which began with opening arguments in Santa […]
Elon Musk misled Twitter investors ahead of $44 billion acquisition, jury says
[ad_1] Elon Musk arrives at federal court on March 4, 2026 in San Francisco, California. Josh Edelson | Getty Images A jury in California found that Elon Musk defrauded Twitter shareholders during the runup to his $44 billion acquisition of the social media company, according to a verdict issued on Friday. Total damages could reach […]
Nebius jumps 14% after inking $27 billion infrastructure deal with Meta
[ad_1] In an aerial view, a billboard advertising an artificial intelligence (AI) company is posted on Sept. 16, 2025 in San Francisco, California. Justin Sullivan | Getty Images Meta has signed a new long-term agreement to spend up to $27 billion on Dutch cloud provider Nebius‘ AI infrastructure, the company announced on Monday. Nebius’ shares […]
27-year-old Amazon employee relocated from India to Ireland and spends up to $2,927 a month: ‘My quality of life has improved’
[ad_1] While attending college at the Indian Institute of Information Technology, Allahabad, Suras Nayak knew he wanted to leave his hometown of Hyderabad, India, and travel the world. “When I was growing up, I always had this idea somewhere behind my head that I always wanted to move abroad, but I was a little bit […]
Iran Supreme Leader Mojtaba Khamenei has verified account on X, Elon Musk’s platform
[ad_1] Mojtaba Khamenei; the son of the Iranian Supreme Leader Ayatollah Ali Khamenei; is seen in Tehran; Iran; on December 14; 2016. Reza B | Afp | Getty Images Iran’s new supreme leader, Ayatollah Mojtaba Khamenei, has a new “verified” account on X, the influential social media platform owned by Elon Musk. Khamenei, whose X […]
Swedish legaltech Legora hits $5 billion valuation as investors pile money into European AI startups
[ad_1] Swedish legaltech Legora has raised $550 million at a $5.55 billion valuation in a Series D round, the company announced on Tuesday, as investors pile money into European AI startups. The round was led by Accel, with participation from existing investors Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures and Y Combinator. New […]
Broadcom CEO Hock Tan sees AI chip revenue ‘significantly’ above $100 billion next year
[ad_1] Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom CEO Hock Tan sees the artificial intelligence boom gaining so much steam that he’s projecting AI chip revenue next year “significantly in excess of $100 billion.” After the chipmaker reported better-than-expected results for the fiscal first quarter and issued a strong forecast for the current […]
Broadcom beats on earnings and guidance as AI revenue doubles
[ad_1] Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on September 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom reported better-than-expected earnings and revenue and issued a strong forecast for the current period as the chipmaker continues to benefit from the artificial intelligence boom. Here’s how the company […]
It’s peak days for the ‘overlay everything’ trade as demand for income rises in volatile market
[ad_1] There were plenty of reasons for investors to be on edge in the current setup for stocks even before the U.S. and Israel launched a major military campaign against Iran over the weekend. The month of February, and midterm election years in particular, have a history of being bad for stocks. The cash drain […]