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U.S. markets declined amid renewed inflation concerns and tariff uncertainties. The S&P 500 and Nasdaq dropped over 1%, led by tech stocks cooling after a Fed rate pause. Gold hit record highs as investors sought safe havens amid global economic jitters.
Federal judge rules in Google antitrust case, sparing Chrome and Android from divestiture but imposing restrictions on exclusive search deals to limit monopolistic practices.
$13 billion – Anthropic’s latest funding round, tripling its valuation to $183 billion.
Nestlé ousts CEO Laurent Freixe after undisclosed romantic relationship with subordinate, the company’s second CEO exit in just over a year, aiming to stabilize leadership with longtime executive Philipp Navratil.
Anthropic raises $13 billion in a Series F round, tripling valuation to $183 billion, highlighting soaring demand in AI technology and enterprise market growth.
Anthropic Raises $13B to Triple Valuation to $183B Amid AI Boom
Anthropic closes a massive $13 billion funding round, pushing its valuation to $183 billion, signaling immense investor confidence in AI growth prospects.
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US military conducts lethal strike on drug vessel from Venezuela, according to President Trump and Secretary Rubio, intensifying the administration’s campaign against narcotics trafficking in the Caribbean region.
Trump administration targets tariffs with Supreme Court expedited appeal, while facing multiple legal battles over tariff rulings and immigration enforcement actions across several states and cities.
Nestlé CEO Fired Over Undisclosed Affair, Creating Leadership Turmoil
Nestlé dismisses CEO Laurent Freixe after revelations of inappropriate workplace relationship, marking the second CEO exit in just over a year amid corporate scandal.
More on thetimes.com
Kraft Heinz announces plan to split into two publicly traded companies a decade after its merger, responding to changing consumer tastes and aiming to maximize value and revive growth prospects.
OpenAI restructures its leadership and acquires product testing startup Statsig for $1.1 billion as it expands its AI application offerings and technology reach.
Federal judge orders Google to end exclusive search engine deals but allows it to retain Chrome and Android, imposing new regulatory oversight in the landmark antitrust ruling.
Wall Street’s biggest hedge funds like Jane Street and Citadel Securities report robust quarterly revenues, evidencing sustained dominance in trading volumes and market share.
McDonald’s revives Extra Value Meals and expands its budget menu to attract cost-conscious consumers amid growing economic pressures and expectations of a broader price war in the fast-food sector.
“Our approach to addressing Google’s monopoly abuses must balance innovation with fair competition.”
— Federal Judge Amit Mehta
Alphabet shares surge following favorable federal judge rulings in the Google antitrust case, allowing the company to keep its Chrome and Android assets while imposing new market conduct restrictions.
Disney agrees to pay a $10 million fine to settle FTC allegations of violating children’s online privacy laws by improperly collecting data on kids under 13 through its YouTube content.
Zscaler posts better-than-expected Q4 earnings and raises annual revenue guidance, driven by strong demand in cybersecurity and AI-based products.
Tesla CEO Elon Musk pivots company focus to humanoid robots, claiming Optimus robots will constitute 80% of Tesla’s value despite current delays and slumping vehicle shipments in key markets.
Federal judge finds Trump’s deployment of National Guard troops in Los Angeles illegal, barring similar military interventions in domestic law enforcement by the administration.
Amazon shutters Prime shipping sharing program, consolidating benefits under Amazon Family, restricting the free shipping perk to household members only amid changes to its membership offerings.
Starbucks expands menu with new protein-packed cold foam and protein lattes to tap into rising consumer demand for protein-enriched beverages starting later this month.
Investor activism grows at PepsiCo as Elliott Management takes a $4 billion stake, pushing for portfolio review to reverse sales declines and revive growth.
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