Meta Faces Trial as 29 States Press Youth Addiction Claims
OAKLAND, Calif. — The courtroom on the seventh floor of the federal courthouse here has been prepared for a trial that could run six weeks, with jury selection beginning this…
SanDisk’s 80 Percent Margin Target Puts Memory Peers in the Spotlight
NEW YORK — SanDisk’s chief executive stood before analysts on Aug. 13 and laid out a future most memory makers would have considered fantasy two years ago: adjusted gross margins…
TSMC Builds a Transistor Layer Four-Tenths of a Nanometer Thick
HSINCHU, Taiwan — Silicon has a physical limit, and the world’s largest chipmaker is trying to see past it. TSMC, working with researchers from National Yang Ming Chiao Tung University,…
PayPal Revives Sale Talks as Stock Trades Above Offer Price
On Friday, PayPal’s shares closed at $61.67. The takeover bid that a consortium put on the table in July was $60.50 a share. The market, in other words, has already…
Amazon Revives Mandatory Arbitration, Closing Off Class-Action Lawsuits
Five years after abandoning the practice under public pressure, Amazon has brought it back. The company updated its U.S. user agreement this month to restore mandatory arbitration clauses and to…
Harvard’s $2.2 Billion SpaceX Stake Shows Endowments Now Hold What They Once Flipped
The 13F filing that Harvard University’s endowment submitted this month listed a familiar name among its largest holdings: SpaceX. The position, valued at roughly $2.2 billion, was reported by Bloomberg…
X Opens Up Its Ranking Algorithm, Letting Users Check for Shadow Bans
The black box has a window now. X announced Aug. 13 that it is open-sourcing the ranking code behind its “For You” recommendation feed and launching a transparency tool that…
Tata Sons Chairman Won’t Seek Another Term, Leaving India’s Biggest Group in Flux
N. Chandrasekaran has led Tata Sons, the holding company of India’s largest business group, since 2017, steering it through the aftermath of a dramatic boardroom coup and a global pandemic.…
Musk Holds 48.4% of SpaceX, Worth More Than $900 Billion
A regulatory filing published Aug. 14 lays out the ownership of the most valuable private company in the world in cold numbers: as of June 30, Elon Musk held 48.4…
Armani Stake Sale Risks Missing Will’s Deadline
Giorgio Armani put a calendar in his will. The founder, who died in September 2025, instructed his heirs to sell 15% of the fashion group that bears his name within…
