Tesla shares jump after report says president-elect Donald Trump planning to make federal self-driving rules a government priority
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SpaceX Prepares Tender Offer At $250bn Valuation
SpaceX to begin tender offer in December valuing company at $210bn, as Elon Musk's xAI raises $5bn at $45bn valuation
China Chip Production Slows Ahead Of New US Sanctions
Chip production slows in China in October ahead of expected export controls, while annual EV production capacity surges past 10 million units
Which? Seeks £3bn In Apple iCloud Competition Claim
Apple effectively locked 40 million UK users into iCloud and overcharged them, claims £3bn legal action from consumer group Which?
Amazon Haul Offers ‘Crazy Low Prices’ To Counter Temu, Shein
Amazon launches Haul mobile experience with prices capped at $20 in face of low-cost competition from China-based rivals Temu, Shein
Australian States Support Social Media Ban For Under-16s
Australian states and territories unanimously support social media ban for youths under 16, amidst growing addiction concern
Bitcoin Rises Above $84,000 On US Election Optimism
Bitcoin price rises above $84,000 as investors bet incoming US government will implement crypto-friendly policies
Regulator Demands Answers Over Tesla FSD Social Media Posts
US regulator says Tesla's messaging on social media could lead drivers to believe 'Full Self-Driving' feature does not require oversight
Nvidia Market Value Surges Above $3.6tn
Investor optimism following Donald Trump re-election win pushes Nvidia to record high, adds 30 percent to Tesla stock price
OpenAI In Talks With California Over For-Profit Shift
OpenAI reportedly begins early talks with California attorney general over complex transition from nonprofit to for-profit structure
EU To Assess Apple’s iPad Compliance Plans
European Commission says it will review Apple's iPad compliance with DMA rules as it seeks to open up tech giant's mobile ecosystem
Nvidia, Meta Ask Supreme Court To Axe Investor Lawsuits
Nvidia, Meta bring cases before US Supreme Court this month seeking tighter limits on investors' ability to sue over inadequate disclosure
EU Electric Vehicle Duties Come Into Force After China Talks Fail
European Union's electric vehicle (EV) tariffs come into force this week as bloc accuses China of unfair state subsidies for green industries
White House Finalises China Tech Investment Curbs
Administration publishes final restrictions on US investment into Chinese tech sectors including AI, chips, quantum computing
Shein Profits Drop 70 Percent
Direct-from-China e-commerce firm sees profits plummet 70 percent in first half of 2024 amidst stiff competition from Temu, as it plans IPO
US Regulator Approves SpaceX Falcon 9 Return To Service
US Federal Aviation Administration approves SpaceX's Falcon 9 rockets to return to service following second-stage malfuction last month
US Think Tank Probes NASA Staff Over Trump, Musk Criticism
Conservative think tank requests NASA employee communications discussing Donald Trump, Elon Musk as it compiles 'undesirables list'
Musk Remains Silent Over SEC Interview
Elon Musk, SEC decline to comment on whether businessman attended latest court-mandated interview as Musk alleges 'harassment'
US Grounds SpaceX Falcon After Second-Stage Issue
US FAA grounds SpaceX Falcon rockets for third time in three months after Dragon Crew second stage fails to properly execute deorbit burn
Judge Adds New Terms For X Brazil Re-Entry
Supreme Court judge says X must pay new fine for temporarily evading IP blocks before service can resume in Brazil
California Governor Vetoes AI Safety Bill
California governor vetoes landmark AI bill that would have mandated government oversight of powerful frontier models
UK Competition Regulator Clears $4bn Amazon Anthropic AI Deal
CMA says $4bn Amazon investment into AI start-up Anthropic does not meet threshold for in-depth review under merger regulations
Google Expert Argues US Ad Case Is Too Narrow
Google expert economist argues Department of Justice ad tech case does not include market's shift to mobile, social media
Facebook Parent Fined £75m Over Password Storage
Facebook parent Meta fined 91m euros over unencrypted storage of hundreds of millions of passwords dating back to 2012
Coinbase Challenges SEC Over Crypto Rules
Coinbase tells federal appeals court SEC has made it impossible to operate compliant crypto business and should create new framework
Xiaomi Asks For Recall Of India Antitrust Report
Smartphone maker Xiaomi asks Indian antitrust regulator to recall August report, saying it failed to redact confidential data
SEC To Seek Sanctions After Musk Fails To Appear In Court
US Securities and Exchange Commission says it will seek sanctions against Elon Musk after he fails to appear in Twitter probe
US Sanctions Commercial Spyware Group
US issues new sanctions on Intellexa, Greece-based company founded by former Israeli military office, over Predator spyware used around world
TikTok Tells US Court Ban Would Have ‘Staggering’ Effects
TikTok, ByteDance, US creators argue against divest-or-ban law in US appeals court while government says national security at stake
Musk Calls Australia ‘Fascists’ Over Social Media Regulation
X owner Elon Musk calls Australian government 'fascists' over proposed law aimed at regulating online misinformation