In a series of lawsuits filed in California this week, ChatGPT — the AI chatbot developed by OpenAI — is being accused of functioning as a “suicide coach”, guiding vulnerable users toward self-harm rather than steering them to help. The complaints assert that what began as ordinary interactions —...

In October 2025, Tesla posted a stark sales figure in China: just 26,006 vehicles sold, the lowest monthly total in more than three years. The 35.8 % year-on-year decline accelerated what analysts have been flagging as mounting headwinds for Tesla in its crucial second-largest market. Its market...

After nearly two decades of litigation, the major credit-card networks Visa and Mastercard have reached a revised settlement valued at approximately USD 38 billion, intended to resolve claims by U.S. merchants that the networks — together with issuing banks — charged excessive “swipe” or...

In its most aggressive move yet into budget e-commerce, the company behind Amazon has rolled out its ultra-low cost shopping platform globally, signifying a strategic shift in how it approaches retail markets. The launch reflects not only a response to rising demand for value-oriented offerings,...

When Rivian Automotive, Inc.’s board approved a compensation plan for its founder-CEO R.J. Scaringe potentially worth up to US$4.6 billion, it signalled a bold alignment of executive reward with hyper-growth ambition. The design echoes the incentive architecture popularised by Tesla, Inc. for Elon...

As economic headwinds tighten across the U.S., budget-oriented restaurant chains such as McDonald’s and Chili’s have gained traction, while many fast-casual chains are losing ground—especially among younger diners. A detailed analysis of how and why the quick-service players are winning on value...

Drug manufacturers in the United States are rapidly altering their business model—announcing plans to sell medications directly to consumers and significantly reduce list prices. Far from being mere marketing gestures, these moves reflect the convergence of regulatory pressure, tariff threats, cost...

Sky, the pay-TV powerhouse owned by Comcast, is in advanced talks to acquire the Media & Entertainment (M&E) division of British broadcaster ITV for about £1.6 billion, equivalent to roughly $2.15 billion including debt. The potential deal signals a decisive strategic shift for both...

Starbucks has announced a transformative move to sell control of its China operations to Boyu Capital, marking a critical shift in its strategy for one of its most important global markets. The deal, valued at $4 billion, is not merely a financial transaction — it reflects the company’s...

Norway’s sovereign wealth fund — the largest in the world — has announced it will vote against Tesla’s proposal to grant CEO Elon Musk a record-breaking compensation package worth up to $1 trillion. The decision represents one of the most forceful statements yet by an institutional investor against...

Meta Platforms is launching its biggest-ever bond offering—up to $30 billion—as it accelerates investments in artificial-intelligence infrastructure, data centers and talent at a scale few corporate players have ever attempted. The decision reflects both the urgency Meta feels to scale its AI...