A group of ex-law enforcement wants Gov. Kathy Hochul to veto a bill that would let New York micro-liquor distillers and cideries directly ship to customers, claiming it will increase underage drinking.
The Mountain View, Calif.-based firm – which is not affiliated with Grok chatbot developed by billionaire Elon Musk’s startup xAI – is aiming to raise $300 million in the Series D preferred stock round at a post-money valuation of $2.5 billion, according to a document obtained
The Summer Olympics in Paris are not turning out to be the tourism draw that many expected. Air France KLM Group, the parent company of both airlines, says that the games are actually driving away visitors to France’s capital. Read more...
Drive-in fast food chain Sonic is adding its name to the meal deal wars with the launch of its $1.99 value menu , the company said in a statement on Monday. Read more...
The Seattle-based coffee chain said that so far it has deployed its "Siren Craft System" at about 10% of its 10,000 stores nationwide and will be rolled out to all North American locations by the end of the month, according to CNBC.
Fisker Automotive may officially be dead thanks to almost comically horrible mismanagement , but while it’s sorting out that whole bankruptcy thing, it also has to figure out how to handle a new recall. As it turns out, the Ocean’s doors might get stuck, trapping occupants
It looks like GameStop wants to break out of the brick-and-mortar box. CEO Ryan Cohen posted on X on Monday that the video game retailer is seeking a mobile app developer. Read more...
The Supreme Court isn’t going to rule on a case that could fundamentally change how we think about the First Amendment as it applies to the internet. But within its indecision came one decision: Social media has at least some First Amendment protections, the court said. Read
CDK Global says its dealer management system should be back online by late Wednesday or early Thursday, or about two weeks after the software provider was hit with back-to-back cyberattacks last month. Read more...
Apple has finally reversed its iPhone sales slump in China. According to Jefferies analysts, Apple’s new iPhone discounts have helped the company turn around its underperformance in the Chinese smartphone market, and its iPhone sales outperformed Google and Huawei devices
Meta was charged Monday with violating Europe’s sweeping tech competition law by forcing customers into a restrictive “pay or consent” model for ads on Instagram and Facebook.
Chicken Soup for the Soul Entertainment, the company behind Redbox , filed for bankruptcy on Friday after it struggled to pay its employees and defaulted on loans. Read more...
Apple still believes in its Vision Pro mixed reality headsets even though sales have sputtered. CEO Tim Cook put Apple’s Vision Pro updates front and center at the beginning of his keynote address during the Worldwide Developers Conference on June 10. Read more...
A federal judge in New Jersey rejected on Friday a bid from a group of cancer victims to block Johnson & Johnson’s proposed $6.5 billion bankruptcy settlement plan of its talc cancer lawsuits. Read more...
The generative artificial intelligence boom has led to a massive demand for electricity — and tech companies are turning to nuclear power to feed it. Read more...
A major Canadian airline worked out a deal to end a chaotic mechanics’ strike that disrupted one of its busiest travel days. WestJet, the country’s second-largest airline, announced Sunday that a new contract with the Aircraft Mechanics Fraternal Association was agreed upon.
A cryptocurrency exchange that went bankrupt a decade ago due to a hack is preparing to refund $9 billion worth of Bitcoin this month, sparking concerns among investors about its potential impact on Bitcoin’s price. Read more...
The US is poised for record-breaking Fourth of July travel, with an estimated 70.9 million Americans expected to travel more than 50 miles for Independence Day. Read more...