Companies & Startups News

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Ukraine launches full audit amid anti-corruption probe

Kyiv has launched an audit of all state-owned companies amid the anti-corruption investigation around the energy company Energoatom. "Eradicating corruption is a matter of honour and dignity”, the prime minister said announcing the decis...

Euronews

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Succession questions hang over Disney

Bloomberg Intelligence Senior Media Analyst Geetha Ranganathan discusses Disney's earnings and the factors weighing on the stock. She joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech."

Bloomberg

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Tesla developing support for Apple CarPlay

Tesla is developing support for Apple's CarPlay system in its vehicles, according to people with knowledge of the matter. Mark Gurman reports on "Bloomberg Tech."

Bloomberg

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Paramount plans to bid for all of Warner Bros: WSJ

Ross Gerber, co-founder and CEO of Gerber Kawasaki Wealth and Investment Management, reacts to the Wall Street Journal report that Paramount, Comcast and Netflix are preparing bids for Warner Bros. He speaks on "Bloomberg The Close."

Bloomberg

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Starbucks workers push for fair contract

Michelle Eisen, a bargaining delegate and barista with Starbucks Workers United, says workers are committed and prepared to go as far as necessary to secure a fair contract. She tells Katie Greifeld and Romaine Bostick on "The Close" tha...

Bloomberg

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Anthropic will spend $50B to build U.S. data centers

Anthropic PBC will spend $50 billion to build custom data centers in the U.S. They'll start coming online in 2026 according to the company. OpenAI, Meta Platforms Inc., Google, Microsoft Corp., Nvidia Corp. and other leading tech compani...

Bloomberg

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Why Build-A-Bear has been on a Nvidia-like run

Build-A-Bear CEO Sharon Price John reveals how she transformed the iconic mall-based toy retailer into a multi-platform brand. From a struggling stuffed animal store to a thriving intellectual property company, Price John shares the lead...

Bloomberg

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Veon CEO: Prioritizing growth in existing markets

Telecom firm Veon Group has reported third quarter revenue of just over $1.1 billion - a jump of 7.4 % year on year. The Dubai-based company has also raised its outlook for 2025, projecting annual revenue growth of between 7 and 8%. Kaan...

Bloomberg

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Kynd Hair: the plastic-free, synthetic hair alternative

For many Black people, braided hair is a key cultural practice. Often, the braids are woven with synthetic hair containing harmful substances – until now.

DW News

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Tesla approves $1 trillion pay deal for CEO Elon Musk

Tesla shareholders approved a historic pay package worth one trillion dollars to the company's CEO, Elon Musk. At the company's annual meeting they paved the way for Musk to become the world's first trillionaire.

DW News

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Elon Musk could become world's first trillionaire

Elon Musk won a shareholder vote on Thursday (November 6) that would give the Tesla CEO stock worth $1 trillion if he hits certain performance targets over the next decade.

Scripps News

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Starbucks' unionized baristas say they'll strike Nov. 13 if no deal is reached

Unionized Starbucks baristas say they're ready to strike on Nov. 13 unless the company finalizes a labor contract. The date coincides with Starbucks' annual Red Cup Day, one of its biggest sales events of the year, when free reusable red...

CBS America

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Mattel CEO says tariffs aren’t hurting toy demand

Mattel CEO Ynon Kreiz says the company is well positioned this holiday season, offering products across every price range as consumers shop for toys and gifts. Despite uncertainty around tariffs, he notes that demand for toys continues t...

Bloomberg

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Guinness World Records responds to criticism: 'You can't buy a record'

Craig Glenday, the editor of Guinness World Records for the past 21 years, responds to criticism that the book has traded authenticity for PR stunts.

CBS News

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Meta stock falls over 10% after commitment to raise AI spending

Microsoft, Meta and Alphabet recently reported their quarterly earnings and one thing is certain: the jaw-dropping investments in artificial intelligence are only just getting started. This all comes just days after Nvidia became the wor...

CBS News

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Angola makes bold move to acquire De Beers stake amid strategic shift

Endiama sees value in leveraging De Beers’ mining technologies and marketing infrastructure to propel Angola’s diamond industry forward.

Africanews

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Amazon cuts 14,000 jobs, prepares for wide adoption of AI

Online retail giant Amazon has announced it will cut about 14,000 corporate jobs as the company ramps up spending on artificial intelligence while cutting costs elsewhere.

CBC News

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Google's quantum computer makes breakthrough

Google recently said the quantum computer it's developing can run software 13,000 times as fast as a traditional super computer, according to reporting from the New York Times. New York Times technology reporter Cade Metz joins CBS News ...

CBS News

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New visa fees hit Silicon Valley start-ups

Tech start-ups and companies hoping to make it big in Silicon Valley are starting to feel the pinch of changes to U.S. visa rules. The Trump Administration is increasing fees for an H-1B visa to 100-thousand dollars for most applicants. ...

Al Jazeera

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SpaceX suffers massive financial losses each time a starship explodes

On June 18, 2025, at 11 p.m., SpaceX engineers began what was expected to be a routine six-engine static fire test—a ground test for an upcoming launch—at Starbase’s Massey test site. However, Ship 36 suffered a catastrophic failure duri...

France 24

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Mango founder's son under scrutiny as police probe death

Spanish police have confirmed that their probe into the sudden death last year of Mango clothing empire founder Isak Andic remains open following reports his son has become a suspect. Andic, 71, died in December 2024 after plunging more ...

France 24

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Canada fines Cryptomus record-setting $176.9M

Canada's financial intelligence agency, has issued its highest-ever fine to cryptocurrency exchange Cryptomus for not flagging transactions linked to criminal activity including trafficking in child sex abuse material.

CBC News

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OpenAI challenges Google Chrome with web browser ChatGPT Atlas

Artificial intelligence company OpenAI is diving into the web browser space with a direct challenge to Google Chrome called ChatGPT Atlas. The company says the browser is built around its AI chatbot.

CBS News

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CoreWeave comfortable with $9B Core Scientific bid, CEO says

CoreWeave CEO Michael Intrator says the company will not raise its $9 billion offer for data center provider Core Scientific. Despite opposition from major shareholders, Intrator says the current bid is appropriately priced.

Bloomberg

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U.S. court finds BNP Paribas liable in Sudan atrocities

A New York jury on Friday ordered the bank to pay close to $21 million dollars to three plaintiffs.

Africanews

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The tech startup on a mission to decarbonise concrete

Rotterdam-based startup Paebbl is developing road construction materials that absorb CO2, aiming to turn concrete cities into carbon sinks. The company’s innovative approach could help reduce emissions in construction and promote more su...

Mashable

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ChatGPT to allow "erotica" for verified adult users

OpenAI says it plans to loosen restrictions on ChatGPT, including allowing the chatbot to sext with verified adults.

CBS News

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Stellantis moves thousands of auto jobs to U.S.

Automaker Stellantis announced it's moving production of the Jeep Compass from Brampton, Ont., to Illinois as part of a larger expansion in the U.S. It’s the latest blow to Canada’s auto industry since the start of the trade war.

CBC News

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Lithuania's fintechs fuel startup boom

Lithuania's startups are on the rise with fintechs showing the way. There's hope the sector could become an economic backbone. But more young tech companies will need to take the leap.

DW News

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Testing out OpenAI's new Sora app for making and sharing AI videos

OpenAI's latest social media app is producing sophisticated videos that have Hollywood hollering. CBS reporter Jo Ling Kent took it for a spin.

CBS America