Meta sued for $1.4 Trillion in financial penalties
Meta Platforms disclosed in a court filing that four U.S. states are seeking a staggering $1.4 trillion in financial penalties…
Section
Category: Companies & Business
News on major companies, retail and consumer brands.
China smartphone sales drop 13% as memory costs limit discounts
Data from Counterpoint Research shows that smartphone sales in China fell 13% year-on-year during the highly anticipated 618 shopping festival…
Tamil Nadu record $59.3 billion in merchandise exports in FY26
The $59.3 billion performance by Tamil Nadu establishes the state as a core anchor of India’s global trade architecture, driven…
Microsoft layoff 4,800 workers in latest wave of job cuts
Microsoft has officially announced it is laying off 4,800 employees, representing roughly 2.1% of its global workforce. The structural shake-up…
Twitter fraud verdict: judge rejects Musk’s request
Key takeaways A US judge refused Elon Musk’s request to wipe out a jury ruling in the Twitter deal case.…
Lok Capital fund may get up to $40 million from IFC
Lok Capital fund may get up to $40 million from the International Finance Corporation, or IFC. Lok Capital fund is…
Hong Kong gold exchange link aims to boost yuan trade
Key takeaways Hong Kong gold exchange link is a new tie-up between Hong Kong’s bullion system and the Shanghai Gold…
Saudi Aramco cuts crude prices for Asian customers by $11 per barrel
Saudi Arabia’s state-owned oil titan, Saudi Aramco, has slashed its official selling price (OSP) for its flagship Arab Light crude…
Apple restarts card payments for App Store and iCloud purchases in India
Apple has officially resumed support for credit and debit card payments for App Store and iCloud transactions in India, ending…
WhatsApp gets more time to reply to username notice; India rollout on hold
The Ministry of Electronics and Information Technology (MeitY) has granted WhatsApp an additional three-day extension to submit its formal regulatory…