Elon Musk’s X Loses Bid to Scrap FTC Privacy Order
The federal judge also denies X’s request to stop a deposition of Musk.
IBM pulls ads from X after Elon Musk’s incendiary comments over white pride
On Wednesday, Musk agreed with a X post that an anti-Semitic conspiracy theory that Jewish people hold a “dialectical hatred” of white people. “You have said the actual truth,” Musk said in response to the post.
Google Antitrust Judge Says He Has ‘No Idea’ How He Will Rule
The judge set closing arguments for May on whether the Justice Department proved that Google unlawfully monopolizes internet search.
Applied Materials Stock Drops on Report of Probe
The chip equipment maker beat Wall Street estimates, but its stock dropped on a new report of a Federal probe.
PG&E Wins Approval to Bury More Than 1,200 Miles of Power Lines
The utility said its plan is essential to preventing wildfires in California. The company’s power lines have ignited numerous deadly fires in recent years.
Alibaba Scraps Cloud Unit Spinoff, Citing U.S. Chip Curbs
Washington’s latest restrictions on the export of high-performance chips to China are beginning to bite.
Wuxi XDC Cayman Shares Surge in Hong Kong Debut
Wuxi XDC Cayman’s shares surged at their Hong Kong debut but high investor demand meant some investors missed out at the company’s initial public offering.
Singtel’s Optus Sees No Precedent for Large-Scale Outage Compensation
Singapore Telecommunications-owned Optus has paid $23,299 in customer compensation following an hourslong Australia-wide network outage but said there is no precedent suggesting it should make widespread financial reparations.
Gap shares rally as discounted prices ease and Old Navy sees sales gains
Shares of Gap Inc. jumped in extended trading Thursday after the clothing retailer reported third-quarter results that beat expectations and margins that ticked higher, helped by easing pressure to cut prices.
Duckhorn to buy Sonoma-Cutrer Vineyards for $400 million in big chardonnay play
Duckhorn Portfolio, a public Napa Valley wine company known for putting California merlot on the map, has struck a deal to buy chardonnay producer Sonoma-Cutrer Vineyards for about $400 million.
Source: Dow Jones Newswires