Business

SpaceX Buys EchoStar Spectrum for $17B to ‘End Mobile Dead Zones’ with Starlink Direct-to-Cell Service
SpaceX has agreed to purchase wireless spectrum licenses from EchoStar for $17 billion, a move that will boost Starlink’s direct-to-cell ...

Broadcom Stock Surges 11% On $10B AI Chip Order As Analyst Projects ‘$40B In AI Revenue’ For Next Year
Broadcom’s stock jumped 11% Friday after the chipmaker announced a $10 billion order from a new customer for its custom ...

Salesforce Cuts 4,000 Jobs as AI Handles Half of Customer Queries
Salesforce CEO Marc Benioff announced the company has cut 4,000 customer support jobs, nearly halving the department from 9,000 to ...

Musk Lawsuit Exposes Apple’s 65% Market Control Blocking AI Competition with OpenAI Deal
Elon Musk’s companies have launched a major legal battle against two tech giants, claiming they’ve teamed up to crush competition ...

Intel’s $18.8B Loss Becomes $10B Government Stake After CEO White House Visit
The U.S. government will buy a 9.9% stake in Intel, marking an unusual move as the Biden-era CHIPS Act funding ...

Apple TV+ Price Surges to $12.99 Monthly, Annual Plan Saves $57
Apple has increased the monthly subscription cost for its streaming service Apple TV+ to $12.99 in the United States, marking ...

PS5 Prices Jump $50 as Sony Cites ‘Challenging Economic Environment’
Sony announced a $50 price increase for all PlayStation 5 console models sold in the United States, effective August 21, ...

CEO Defends Replacing 80% of Staff Over AI Resistance: ‘Changing Minds Harder Than Adding Skills’
Eric Vaughan, CEO of enterprise software company IgniteTech, stands firm on his controversial decision to replace nearly 80% of his ...

Perplexity AI Bids $34.5B for Chrome – Nearly Double Its $18B Valuation as Google Faces Antitrust Heat
AI startup Perplexity makes stunning 34.5 billion dollar bid for Google Chrome browser. The three-year-old company wants to buy the ...