Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field. More than two dozen NBA, NFL and NHL players…
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Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring warning signs that fraudsters used its money transfer…
Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its…
Tesla agrees to first deal to build China’s largest grid-scale battery power plant
Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing and Washington. The U.S. company posted on the…
Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran. U.S. crude oil was last up $1.36, or…
Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says
Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said Apple’s folding phone could have a display made by Samsung…
Nike pushes back Skims launch with Kim Kardashian due to production delays
Kim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will launch later this year instead of in the…
DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams
The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig butchering” scams that have cost victims billions globally. Federal prosecutors filed a civil forfeiture action…
Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our total corporate workforce as we get efficiency gains’ over time. ‘We will need fewer people…
A new king reigns in TV land. Streaming has officially surpassed broadcast and cable as a share of total television viewing, according to Nielsen data. In May, streaming accounted for…