Companies & Startups News

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UN adds 68 companies to blacklist for rights violations in Israel

The United Nations has added nearly 70 more companies to a blacklist of firms from 11 countries that it says are complicit in violating Palestinian human rights through their business ties to Israeli settlements in the occupied West Bank.

France 24

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Why is YouTube allowing banned creators to return?

YouTube's parent company, Alphabet, announced that it will allow creators who were banned for spreading false information to rejoin the platform in the coming weeks.

CBS News

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German startup seeks funding for ambitious space plans

As Europe seeks to expand its role in the fast-growing space economy, reusable space capsule Nyx could become a flagship initiative, with a multi-billion private and public investment.

DW News

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Why U.S. punitive tariffs put Switzerland under pressure

US President Trump has imposed punitive tariffs of 39 percent on Switzerland, dealing a serious blow to the Alpine country’s economy. But the Swiss are getting creative.

DW News

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Amazon to pay $2.5 billion for alleged duping over Prime sign-ups

Amazon.com will pay $2.5 billion in fines and reimbursements to Prime subscribers to settle the Federal Trade Commission's allegations that it deceived its customers to generate subscriptions, the FTC said.

Reuters

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What's at stake in a new anti-trust lawsuit against Google?

Google is back in court, this time to decide what happens next in an antitrust lawsuit involving its digital advertising practices.

Scripps News

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Nvidia to invest $100 billion in OpenAI, linking up two AI titans

Nvidia will invest up to $100 billion in OpenAI and supply it with data center chips, the companies said, marking a tie-up between two of the highest-profile players in the global artificial intelligence race.

Reuters

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Jerry Greenfield reportedly leaving Ben & Jerry’s over social issues

Reports suggest Jerry Greenfield is leaving Ben & Jerry’s, citing Unilever’s reversal on allowing the founders to speak out on social and political causes. The news raises questions about the company’s commitment to its activism-focused ...

Scripps Local

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Big Tech Africa forum draws 100 startups

Big Tech Africa welcomed about 200 exhibitors over a three-day forum concluding Thursday.

Africanews

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Kenyan start up turns water hyacinth to bioplastic

A Kenyan company is taking on two major environmental crises in the waters of Lake Naivasha.

Al Jazeera

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Anthropic funding round boosts valuation to $183B

Anthropic has closed a deal on a new funding round that nearly triples its valuation to $183 billion, raising $13 billion from investors in a larger-than-expected haul that makes the AI company one of the most valuable startups in the wo...

Bloomberg

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Flock Safety halts federal pilots under purpose concerns

Flock Safety, a maker of automated license plate readers, has temporarily halted its pilot programs with federal agencies due to concerns over the use and oversight of the camera systems.

Scripps Local

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Elon Musk's xAI sues Apple, OpenAI over competition claims

Billionaire entrepreneur Elon Musk’s artificial intelligence startup xAI sued Apple and ChatGPT maker OpenAI in U.S. federal court in Texas, accusing them of illegally conspiring to thwart competition for artificial intelligence.

Reuters

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SpaceX scrubs Starship test due to weather

For a second straight day, SpaceX scrubbed the 10th test launch of its Super Heavy-Starship rocket, this time due to weather conditions. CBS News space consultant Bill Harwood has more.

CBS News

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Why did Trump back U.S. government stake in Intel?

President Trump called the government's recent 10% in semiconductor chipmaker Intel a good deal. The administration converted nearly $9 billion in federal grants to the company into Intel stock.

CBS America

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Target CEO to step down after declining sales and profits

After months of missing the bullseye on sales, the CEO of Target is headed for the exit. The company said that CEO Brian Cornell will be replaced in February. Jo Ling Kent has more.

CBS America

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Inside the price war between Ozempic and other weight loss drugs

The maker of Ozempic is cutting the price of the drug nearly in half for some patients. Novo Nordisk had already cut the price of Wegovy, a medication with the same active ingredient that's approved for weight loss.

CBS America

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Tesla lawsuit alleges racism at Fremont factory

A lawsuit claims Tesla fired or forced out human resources manager who validated complaints of racism at its Fremont factory.

Fox News

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Spirit Airlines warns of potential inability to stay in business

Shares of Spirit Aviation Holdings, the parent company of Spirit Airlines, plummeted on Tuesday after the company warned of "substantial doubt" about its ability to stay in business.

CBS America

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Why Trump is calling for Intel CEO's immediate resignation

Shares of Intel slipped on Thursday after President Trump called on the CEO to resign. CBS News contributor JD Durkin has more.

CBS News

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Boeing defence workers strike, demanding better pay and benefits

Workers who build the US military's fighter jets and drones are on strike. The walkout is putting pressure on aircraft manufacturer Boeing. Nearly a third of its revenue comes from its defence and space division.

Al Jazeera

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Sony sues Tencent over 'slavish' Horizon knock-off

Sony is suing Tencent over the game Light of Motiram, which Sony claims is a rip-off of their Horizon franchise. Judging by the trailers only—the two games feature a red-haired female protagonist in similar outfits, a post-apocalyptic wo...

IGN

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Samsung shares jump on news of $16.5 bln Tesla chips deal

Tesla CEO Elon Musk said the U.S. automaker had signed a $16.5 billion deal to source chips from Samsung Electronics, a move expected to bolster the South Korean tech giant's loss-making contract manufacturing business.

Reuters

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Tesla faces 'a few rough quarters' from end of US EV support: Musk

Tesla Chief Executive Elon Musk said that U.S. government cuts in support for electric vehicle makers could lead to a "few rough quarters" for the company before a wave of revenue from self-driving software and services begins late next ...

Reuters

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Labubu maker Pop Mart forecasting a 350% profit surge

Chinese toy maker Pop Mart is forecasting a 350 per cent profit jump for the first half of 2025 as global demand for the wildly popular Labubu characters surges.

CBC News

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AstraZeneca to invest $50 bln in U.S. as pharma tariffs loom

AstraZeneca plans to spend $50 billion to expand manufacturing and research capabilities in the U.S. by 2030, the latest big investment by a pharmaceutical company reacting to President Donald Trump's tariff policy.

Reuters

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Automaker Stellantis warns of $3.7B Cdn loss due to tariffs

Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a nearly $3.7-billion Cdn net loss in the first half of the year due to U.S. tariffs, some hefty charges and restructuring.

CBC News

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New York sushi spot reimagining what open-style hand rolls look like

Nami Nori is on a mission to make elevated Japanese cuisine accessible, with an affordable omakase menu and allergen-conscious approach.

CNN

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Holographic cartridges might be solution to growing global data needs

A London startup, HoloMem, is developing holographic polymer tape cartridges that store up to 200 terabytes of data and last over 50 years, offering a high-density alternative to traditional storage, Isabel Rosales reports.

CNN

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Astronomer CEO resigns after viral incident at Coldplay concert

Astronomer CEO Andy Byron, seen in a viral “kiss cam” video embracing an employee at a Coldplay concert, has resigned, the company says in a LinkedIn post.

CNN