Apple is taking India’s competition watchdog to court over how it calculates penalties. The company could face up to $38 billion in fines under India’s new antitrust law. The dispute centers on app store commissions and payment restrictions.
Apple faces another lawsuit over alleged conflict mineral sourcing in Congo and Rwanda. The case comes just months after similar legal action was dismissed earlier in 2024. This marks the second recent lawsuit from the same human rights group.
Warner Bros. Discovery is officially exploring a sale with three major bidders in the mix. Paramount Skydance appears to be the frontrunner despite potential antitrust concerns. The deal could reshape streaming, studios, and cable news ownership.
HP is cutting 4,000-6,000 jobs globally by 2028 as part of a major AI-focused restructuring. The company expects $1 billion in annual savings but faces rising memory chip costs that could impact future profitability.
The US is experiencing a semiconductor manufacturing boom, capturing nearly 90% of global chip investments in 2025 alone. TSMC and Samsung are leading the charge with massive Arizona and Texas facilities while facing pressure from Trump administration tariff threats.
Sega is pointing to consumer expectations for definitive editions as a potential cause behind lower-than-expected game sales. The company discussed this theory during a recent Q2 financial briefing with shareholders.
The AI boom is causing severe DRAM shortages that could last until 2027, driving memory prices to unprecedented levels. MAINGEAR’s CEO says Black Friday deals offer temporary shelter from coming price hikes as inventory buffers will only last months.
Procure AI has raised €11 million in Seed funding to transform procurement with AI agents. The platform delivers significant time and cost savings for enterprise clients facing supply chain challenges. This positions them in Europe’s growing procurement automation market.
HP’s fiscal 2025 showed steady revenue growth but declining profits, prompting major workforce reductions. The company plans to cut thousands of jobs while pushing AI PC adoption, which now represents 30% of their PC sales.
David Sacks attempted to become America’s AI gatekeeper through a sweeping executive order that would have preempted state AI laws. The draft order gave him unprecedented influence over four key agencies. But the plan collapsed before it could be signed amid opposition from both MAGA Republicans and
