Online spending is expected to surge to $23.8 billion across U.S. retailers during a 96-hour Amazon Prime Day event, according to an Adobe Analytics forecast.
Read More Amazon Prime Day set to lift US online sales to $23.8 billion, Adobe estimates
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Nvidia set to become world’s most valuable company in history
Nvidia hit a market value of $3.92 trillion, on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI.
Read More Nvidia set to become world’s most valuable company in history
Apple considers raising iPhone prices, WSJ reports
Apple is weighing price hikes for its upcoming fall iPhone lineup but is keen to avoid linking any increases to U.S. tariffs on imports from China.
Read More Apple considers raising iPhone prices, WSJ reports
US judge finds Google holds illegal online ad tech monopolies
Google illegally dominated two markets for online advertising technology, dealing another blow to the tech titan in an antitrust case brought by the U.S.
Read More US judge finds Google holds illegal online ad tech monopolies
Several companies must face lawsuit over tainted baby food, US judge rules
A U.S. judge said several companies including Walmart, Beech-Nut and Gerber must face a nationwide lawsuit claiming that toxic heavy metals contaminated their baby food.
Read More Several companies must face lawsuit over tainted baby food, US judge rules
Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure.
Read More Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says