In a bold move to remain competitive in the rapidly evolving electric vehicle (EV) market, Stellantis CEO Carlos Tavares is emphasizing the necessity of innovation and collaboration over reliance on protectionist policies, particularly in the face of tariffs affecting European and U.S. automakers....

Visa’s dominance in the payments industry is now under intense scrutiny after the U.S. Department of Justice (DOJ) filed a lawsuit accusing the company of violating antitrust laws. The allegations, which claim that Visa has been suppressing competition and manipulating market conditions, could have...

Meta Platforms, the parent company of Facebook, is making significant strides in the artificial intelligence space by planning to announce a new audio feature for its Meta AI chatbot, featuring voices of renowned celebrities. According to sources familiar with the matter, the company will reveal...

Boeing’s efforts to negotiate with its striking workers have come to a head as the company made a "best and final" pay offer to thousands of employees on Monday. However, the International Association of Machinists and Aerospace Workers (IAM), representing a significant portion of Boeing's...

In a high-stakes legal dispute, Chinese smartphone giant Xiaomi has called for India’s antitrust body, the Competition Commission of India (CCI), to recall a report accusing the company and Walmart-owned Flipkart of violating competition laws. This move comes as Xiaomi argues that the report...

In a move that could dramatically reshape the semiconductor industry, Qualcomm has reportedly approached Intel to explore a potential acquisition. If the deal goes through, it would mark one of the most significant transformations in the chipmaking sector, but it faces considerable challenges,...

Elliott Hill, a longtime Nike veteran who started his career at the global sneaker and sportswear giant in 1988, is poised to take the helm as CEO on October 14, 2024. Hill, who began as an intern and worked his way up through various roles over his 35-year career with Nike, will replace current...

On Wednesday, Google's parent company, Alphabet, achieved a significant legal victory by overturning a 1.49 billion euro ($1.66 billion) antitrust fine imposed by the European Commission five years ago. This fine, levied in 2019, accused Google of stifling competition in online search advertising...

The recent merger between Reliance Industries Ltd. and The Walt Disney Company’s Indian media assets has created a formidable new player in the global entertainment landscape. This $8.5 billion joint venture (JV), which combines the media businesses of both giants, is set to reshape the streaming...

Boeing's first strike in 16 years has sent ripples across the global airline industry, potentially exacerbating the already critical shortage of jetliners that has driven up airfares and forced airlines to extend the life of aging aircraft. As workers at Boeing's West Coast facilities walked off...

OpenAI, the creator of ChatGPT and the world's most valuable AI startup, is facing significant challenges as it seeks to attract further investment while grappling with fundamental changes to its corporate structure. A new $6.5 billion funding round is expected to come in the form of convertible...