The three major Hollywood studios have jointly filed a copyright lawsuit against MiniMax alleging that its image- and video-generating service was built from stolen intellectual property.
Read More Disney, Universal, Warner Bros Discovery sue China’s MiniMax for copyright infringement
India and the U.S. will hold trade talks, raising hopes for a breakthrough weeks after President Donald Trump imposed punitive tariffs on the South Asian nation for buying Russian oil.
Read More India and US to hold trade talks, raising hopes for reset
Oracle’s shares rose on Thursday as the company inches closer to the trillion-dollar club on soaring gains from its AI cloud business.
Read More Oracle nears $1 trillion valuation, Ellison edges toward richest-person title
The S&P 500 and the Nasdaq hit intraday record highs after cooler-than-expected inflation data kept the U.S. central bank on track to cut borrowing costs this year.
Read More S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumps
Stellantis and Ferrari Chairman John Elkann has agreed to do a year of community service and pay a negotiated sum to settle a tax dispute over the inheritance from his grandmother.
Read More Ferrari chair John Elkann agrees to community service to end tax fraud case
The deal gives Dick’s a stronger foothold in the sneaker market with over 3,200 stores and an entry into international markets.
Read More Dick’s Sporting Goods completes $2.4 billion Foot Locker deal