Amazon has exceeded its ambitious goal of securing $1.8 billion in advertising commitments for its video-streaming services in 2024, according to a report from *The Information* on Thursday. The report, citing a source directly involved in Amazon’s ad sales efforts, highlights the company's growing...

The ongoing negotiations between Volkswagen (VW) and the IG Metall union have escalated tensions within Germany's automotive sector, raising significant implications for the wider industry. As the first round of talks ended without an agreement, VW flatly rejected union demands, leading workers to...

Brazil's Total Linhas Aereas, a relatively small cargo and charter airline, is poised to make history by becoming the first airline outside Asia to purchase aircraft from China's state-owned Commercial Aircraft Corporation of China (COMAC). This move is a significant milestone for the Chinese...

In a bold move to remain competitive in the rapidly evolving electric vehicle (EV) market, Stellantis CEO Carlos Tavares is emphasizing the necessity of innovation and collaboration over reliance on protectionist policies, particularly in the face of tariffs affecting European and U.S. automakers....

Visa’s dominance in the payments industry is now under intense scrutiny after the U.S. Department of Justice (DOJ) filed a lawsuit accusing the company of violating antitrust laws. The allegations, which claim that Visa has been suppressing competition and manipulating market conditions, could have...

Meta Platforms, the parent company of Facebook, is making significant strides in the artificial intelligence space by planning to announce a new audio feature for its Meta AI chatbot, featuring voices of renowned celebrities. According to sources familiar with the matter, the company will reveal...

Boeing’s efforts to negotiate with its striking workers have come to a head as the company made a "best and final" pay offer to thousands of employees on Monday. However, the International Association of Machinists and Aerospace Workers (IAM), representing a significant portion of Boeing's...

In a high-stakes legal dispute, Chinese smartphone giant Xiaomi has called for India’s antitrust body, the Competition Commission of India (CCI), to recall a report accusing the company and Walmart-owned Flipkart of violating competition laws. This move comes as Xiaomi argues that the report...

In a move that could dramatically reshape the semiconductor industry, Qualcomm has reportedly approached Intel to explore a potential acquisition. If the deal goes through, it would mark one of the most significant transformations in the chipmaking sector, but it faces considerable challenges,...

Elliott Hill, a longtime Nike veteran who started his career at the global sneaker and sportswear giant in 1988, is poised to take the helm as CEO on October 14, 2024. Hill, who began as an intern and worked his way up through various roles over his 35-year career with Nike, will replace current...

On Wednesday, Google's parent company, Alphabet, achieved a significant legal victory by overturning a 1.49 billion euro ($1.66 billion) antitrust fine imposed by the European Commission five years ago. This fine, levied in 2019, accused Google of stifling competition in online search advertising...