Will TikTok Be Forced to Sell? U.S. Court to Decide by December 6
The U.S. appeals court decision on TikTok’s divestment is set for Dec. 6. Learn about the potential outcomes and what’s at stake for the app.
vishakha singh
Google, Meta Criticize Australia’s Rush to Ban Social Media for Kids Under 16
Google and Meta urge the Australian government to delay a proposed bill banning social media for children under 16, citing concerns over unclear age-verification requirements and potential impacts. Read on for details on the bill's proposed restrictions and industry response.
Disney resolves $43 million lawsuit over pay inequality with female employees.
Disney has settled a gender pay disparity lawsuit for $43 million, addressing allegations that women were paid significantly less than their male counterparts. Learn more about the settlement and its impact on Disney's pay practices.
Bob Iger Sells $42.7 Million in Disney Stock, Fulfills Planned Share Sale Ahead of CEO Transition
Bob Iger, CEO of Disney, has sold $42.7 million in stock as part of a previously disclosed plan. The sale, involving 372,412 shares, is the latest move in his two-chapter leadership at Disney, which continues to navigate challenges and opportunities in the entertainment industry.
U.S. Supreme Court Dismisses Case on Securities Fraud Allegations Against Facebook Over Data Breach
The U.S. Supreme Court has dismissed a case that could have allowed shareholders to pursue a securities fraud lawsuit against Meta (formerly Facebook) over its handling of the Cambridge Analytica data breach. The ruling keeps in place a lower court's decision allowing the lawsuit to proceed.
Samsung Hit with $118 Million Patent Infringement Verdict in Netlist Lawsuit
Samsung has been ordered to pay $118 million in damages to Netlist for infringing on its high-performance memory technology patents. This verdict follows previous legal battles with Micron and highlights the importance of patent rights in the tech industry.
CoreWeave Eyes Over $35 Billion Valuation for 2025 U.S. IPO, Fuelled by AI Surge
CoreWeave, an AI cloud platform, is targeting a valuation over $35 billion for its U.S. IPO in 2025. With backing from Nvidia and growing demand for AI infrastructure, the company plans to raise over $3 billion. Read more on this exciting development!