Business

Anthropic buys the SDK startup that ... Anthropic buys the SDK startup that OpenAI and Google depend on A $300M+ acquisition of Stainless gives Anthropic structural control over developer tools used by its biggest rivals. today
Disney hit with class action over ... Disney hit with class action over facial recognition at Disneyland A lawsuit filed in California federal court accuses Disney of scanning guests' faces without meaningful consent — and potentially storing the data far longer than the company admits. today
Meta and Nvidia are locking up ... Meta and Nvidia are locking up fiber optic supply for years — and everyone else is waiting Big Tech's billion-dollar deals with Corning are squeezing smaller buyers out of the fiber market, with lead times stretching to a year and prices up 70%. yesterday
Samsung's 18-Day Strike Threat Puts HBM ... Samsung's 18-Day Strike Threat Puts HBM Chip Supply at Risk More than 45,000 workers plan to walk out May 21 over a bonus gap that's already driven 200 engineers to rival SK Hynix — and courts may be the only thing keeping factories running. yesterday
Xiaomi's May 21 event: a 1,000 ... Xiaomi's May 21 event: a 1,000 hp EV, a 200MP camera phone, and new earbuds The YU7 GT leads a packed Xiaomi showcase — but the flagship phone stays China-only for now, and the EV won't reach Western markets until 2027. yesterday
Casio's keyboard business is losing money ... Casio's keyboard business is losing money — and the company is shrinking to survive The Sound division posted a $21M loss in FY2024. Casio's plan: cut markets, cut staff, and go premium-only by 2029. yesterday
Amazon sued for keeping tariff-driven price ... Amazon sued for keeping tariff-driven price hikes after courts struck down the tariffs A federal class action filed in Seattle alleges Amazon collected hundreds of millions from customers to cover Trump-era tariffs — then refused to issue refunds once the Supreme Court ruled those tariffs illegal. yesterday
Most companies are running AI projects. ... Most companies are running AI projects. Almost none are ready for them. A global survey of 10,000 businesses finds 97% have active AI initiatives — but only 5% say their data infrastructure can actually support them at scale. May 17, 2026, 3:17 p.m.
SpaceX IPO: Musk raises $75 billion ... SpaceX IPO: Musk raises $75 billion and keeps almost all the power SpaceX is set to list on Nasdaq under ticker SPCX on June 12, 2026 — the largest IPO in history, with a governance structure that leaves public shareholders almost no say. May 17, 2026, 10:47 a.m.
Snap and YouTube settle Kentucky school ... Snap and YouTube settle Kentucky school district's social media addiction lawsuit Both companies reached undisclosed deals ahead of a June trial in Oakland, while Meta and TikTok remain defendants in the same case. May 16, 2026, 4:22 a.m.
Apple cuts iPhone 17 prices in ... Apple cuts iPhone 17 prices in China — no discounts coming to the US or UK The iPhone 17 Pro dropped below a key price threshold in China for the first time, but buyers in the US and UK won't see any equivalent deals. May 15, 2026, 2:19 p.m.
OpenAI is preparing legal action against ... OpenAI is preparing legal action against Apple over ChatGPT's buried Siri integration A 2024 deal that was supposed to generate billions in subscriptions has stalled — and OpenAI's lawyers are now exploring a breach-of-contract claim. May 15, 2026, 2 p.m.
Apple turns to Intel to make ... Apple turns to Intel to make chips for budget iPhones and iPads After more than a year of talks, Apple and Intel have reached a preliminary manufacturing deal — with small-scale testing in 2026 and full production targeted for 2027. May 15, 2026, 1:41 p.m.
SK Hynix is weeks away from ... SK Hynix is weeks away from a $1 trillion valuation — AI memory is why The South Korean chipmaker's stock has surged over 200% in 2026 alone, fuelled by insatiable demand for the high-bandwidth memory that powers AI data centres. May 14, 2026, 2:51 p.m.
Ford Energy enters the grid battery ... Ford Energy enters the grid battery market with a $2 billion bet against Tesla Ford's new energy storage subsidiary targets utilities and industrial sites with a 5.45 MWh containerized battery — but deliveries won't start until late 2027. May 12, 2026, 4:41 p.m.
The US Mint just put Steve ... The US Mint just put Steve Jobs on a $1 coin A new American Innovation dollar coin honors the Apple co-founder — but at $2.44 a pop, it's aimed at collectors, not your change jar. May 12, 2026, 1:55 p.m.
Nintendo shares hit 2024 low after ... Nintendo shares hit 2024 low after gloomy Switch 2 forecast A price hike was supposed to calm investors. Instead, a downbeat sales outlook sent Nintendo stock down 12% — and Switch 2 is about to cost $500. May 11, 2026, 3:16 p.m.
Dua Lipa sues Samsung for $15 ... Dua Lipa sues Samsung for $15 million over unauthorized TV box photo Samsung allegedly ignored a cease-and-desist for nearly a year before the pop star filed suit in a California federal court. May 11, 2026, 12:40 p.m.
OpenAI made 75 employees millionaires — ... OpenAI made 75 employees millionaires — no IPO required A $6.6 billion secondary share sale let staff cash out up to $30 million each, setting a new benchmark for pre-listing tech compensation. May 11, 2026, 12:03 p.m.
Xiaomi breaks into China's top 5 ... Xiaomi breaks into China's top 5 EV makers, outselling NIO and Li Auto The smartphone giant delivered over 30,000 EVs in April 2026, riding software integration that legacy automakers can't easily replicate — and a European launch is coming in 2027. May 11, 2026, 11:41 a.m.
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