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Tuesday, May 5, 2026
  • Control of Commerzbank ‘not the expected scenario’
  • Anthony Edwards’ return propels Wolves past Spurs in Game 1
  • DOJ takes step to wind down Powell probe
  • Stoxx 600, FTSE, DAX, Iran war news, oil prices
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  • Control of Commerzbank ‘not the expected scenario’
  • Anthony Edwards’ return propels Wolves past Spurs in Game 1
  • DOJ takes step to wind down Powell probe
  • Stoxx 600, FTSE, DAX, Iran war news, oil prices
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  • Control of Commerzbank ‘not the expected scenario’

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  • DOJ takes step to wind down Powell probe

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  • Stoxx 600, FTSE, DAX, Iran war news, oil prices

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Delaware judge reassigns Elon Musk cases after accusation of bias

Sagar1 month ago03 mins

Elon Musk looks on as President Donald Trump speaks at the U.S.-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | Afp | Getty Images Judge Kathaleen McCormick of Delaware said Monday that she’s reassigning cases involving Elon Musk after the Tesla CEO accused…

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  • Business

Meta’s court losses spell trouble for AI research, consumer safety

Sagar1 month ago06 mins

Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026. Jon Putman | Anadolu | Getty Images Over a decade ago, Meta – then known as Facebook – hired social science researchers to…

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  • Business

Italy investigates Sephora, Benefit over skincare marketing to kids

Sagar1 month ago04 mins

A view of a Sephora beauty product store on May 30, 2025 in Sherman Oaks, California. Justin Sullivan | Getty Images Italian regulators are looking to clamp down on the tween skincare obsession and are investigating the LVMH-owned cosmetic brands Sephora and Benefit over an “insidious” marketing campaign to children. The Italian Competition Authority (AGCM)…

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  • Business

White House launches app touting Trump’s record, with key omissions

Sagar1 month ago03 mins

The White House in Washington, DC, US, on Saturday, Jan. 3, 2026. Aaron Schwartz | Bloomberg | Getty Images The White House on Friday launched a smartphone app that touts a selection of President Donald Trump‘s second-term accomplishments and curates favorable news articles. It also invites users to report tips to U.S. Immigration and Customs…

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  • Business

Tech stocks hammered on Iran war worries, Meta legal woes

Sagar1 month ago03 mins

Meta Platforms Chief Executive Mark Zuckerberg (C) arrives for a meeting U.S. Sen. Majority Leader John Thune (R-SD) on Capitol Hill on March 26, 2026 in Washington, DC. Andrew Harnik | Getty Images A bad week for stocks was particularly rough for tech investors, as the Nasdaq suffered its worst weekly drop since April 2025….

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  • Business

New Mexico seeking changes to Meta’s platform after jury verdict

Sagar1 month ago03 mins

New Mexico is continuing to seek changes from Meta following a jury’s decision to hold the company liable for failing to safeguard children on its platforms, Attorney General Raúl Torrez told CNBC on Wednesday. “We’re going to be asking for injunctive relief,” Torrez said on CNBC’s “Squawk Box” about the next phase of the trial…

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  • Business

Meta cutting several hundred jobs over Reality Labs, Facebook and more

Sagar1 month ago02 mins

Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta is laying off several hundred employees on Wednesday, CNBC confirmed. The…

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  • Business

Meta offers stock awards, options for executives, aggressive timing

Sagar1 month ago03 mins

Arda Kucukkaya | Anadolu | Getty Images Meta is granting stock options to key leaders in an effort to retain talent as pressure intensifies on the company to bolster its position in artificial intelligence. The executives in the incentive plan include CFO Susan Li, technology chief Andrew Bosworth, Chief Product Officer Christopher Cox and operating…

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Meta must pay $375 million for violating New Mexico law in child exploitation case, jury rules

Sagar1 month ago06 mins

A jury ruled Tuesday against Meta in a major New Mexico trial in which the state’s attorney general alleged that Meta failed to safeguard its family of apps from child predators. The civil trial, in which opening arguments began on Feb. 9 in a Santa Fe courthouse, centers on allegations that Meta violated state consumer…

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OpenClaw ChatGPT moment sparks concern AI models becoming commodities

Sagar1 month ago08 mins

People queue to have their laptops install with OpenClaw, an open-source AI assistant at the Baidu headquarter in Beijing on March 11, 2026. Adek Berry | Afp | Getty Images Three months ago, the tech industry was unaware of a lobster-themed AI coding project built by an under-the-radar Austrian software developer. OpenClaw, as that creation…

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Recent Posts

  • Control of Commerzbank ‘not the expected scenario’
  • Anthony Edwards’ return propels Wolves past Spurs in Game 1
  • DOJ takes step to wind down Powell probe
  • Stoxx 600, FTSE, DAX, Iran war news, oil prices
  • Yankees pay tribute to ‘iconic’ John Sterling during, after win

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