Companies

Temu is the second big tech company to be fined under the EU’s Digital Services Act, after Elon Musk’s X was fined $140 million in December 2025.

Clean-up efforts at 28 Defence Department sites have cost taxpayers $1 billion so far, according to the government.

The department admits it does not independently track newsroom closures and was ‘unfamiliar’ with data showing a 19 percent shrinkage in the media landscape.

‘Systemic non-compliance needs to be proven in court with solid evidence and complex legal proceedings,’ said Australia’s eSafety Commissioner.

As of May 13, the automaker had received 360 warranty claims related to engines but had no reports of accidents resulting from the malfunction.

The U.S. Space ⁠Force said SpaceX must deliver a fully operational ​prototype capability by the end of 2027.

Starlink, which has over 9,000 active satellites in space, has already served more than 21 million airline passengers.

The Luce, which departs sharply from Ferrari’s traditional image of two-seat, combustion-engine sports cars, got a cold reception.

Dropbox beat guidance on both revenue and operating margin in the first quarter.

The drugmaker said the acquisitions target shingles, antibiotic-resistant bacteria, and Epstein-Barr virus.

The clampdown hits a route that Chinese investors use to trade U.S. and Hong Kong stocks, raising capital-control and other concerns.

The new ruling clarifies the rules for companies withdrawing from underfunded union pension plans.

Both Target and Walmart reported strong quarterly results but offered a cloudy outlook.

The announcement to pause highway service in Miami, San Francisco, Los Angeles, and Phoenix follows a recall in May.

Four rear-end crashes have been linked to Hyundai vehicles that braked unexpectedly.

Users as young as 5 are able to open an account on Roblox, the complaint claims.

‘The point that many start-up founders, the point that many small businesses have been making is valid,’ said Labor Cabinet Secretary Andrew Charlton.

The U.S. exit is expected to result in a one-off non-cash and cash expense of between US$30 million and US$40 million in the 2026 financial year.

A federal judge previously found the company flouted her injunction against anticompetitive business practices.