SpaceX acquired nearly one in five Tesla Cybertrucks sold in the US in late 2025, spending over $100 million. Without this, registrations would have dropped 51% as Tesla faces sales declines and BYD competition.
Ford is recalling nearly 1.4 million F-150 pickup trucks in the United States due to a dangerous transmission sensor issue that can cause unintended downshifts and loss of vehicle control.
The Walt Disney Company and Condé Nast have both announced significant workforce reductions, citing technological advancements and the need for agility in fast-moving industries.
Netflix co-founder Reed Hastings announces departure as chairman amid market turmoil, with shares tumbling 9% following failed Warner Bros merger and slowing growth.
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Uber has purchased a 4.5% stake in Delivery Hero from Prosus for £235 million, increasing its total holding to 7% as Prosus complies with EU competition regulations.
Condé Nast is closing its women's health magazine Self after 47 years, citing unprofitability and shifting audience behaviors. The move includes winding down some Glamour and Wired editions.
Reed Hastings, the Netflix chair and co-founder, will not seek re-election in June, focusing on philanthropy. The company's stock fell 8% on the news, but Netflix reaffirmed its unchanged mission and financial outlook.
A landmark court ruling concludes a 15-year legal feud, forcing Gina Rinehart to pay hundreds of millions in royalties to rival heirs, as explored in a Guardian Australia podcast episode.
Gina Rinehart emerges as the clear winner in a complex WA Supreme Court case over Hope Downs mining tenements, though Hancock Prospecting must pay royalties and damages.
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Reed Hastings, Netflix co-founder and former CEO, will leave the board in June as his term ends, aiming to focus on philanthropy and other pursuits, announced alongside quarterly results.
Netflix reported robust first-quarter earnings, surpassing revenue forecasts, but shares declined as co-founder Reed Hastings announced his departure from the board.
Paramount Pictures presents its upcoming film slate at CinemaCon in Las Vegas, as its $111 billion deal to acquire Warner Bros. Discovery faces scrutiny over competition and job cuts.
Hewlett Packard Enterprise seeks to probe assets of Mike Lynch's widow, Angela Bacares, as part of a £920m damages claim following a fraud ruling over the Autonomy acquisition.
Gina Rinehart's Hancock Prospecting has been ordered to pay half of its Hope Downs iron ore royalties to Wright Prospecting in a landmark court ruling, while Victoria's political donation laws are struck down.
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Gina Rinehart's son John Hancock extends an olive branch, aiming to reunite the family after a Western Australian supreme court ruling on mine ownership disputes.
Dutch firm Aegon sells its nearly 200-year-old UK business to Standard Life for £2bn, creating a pensions and savings group with 16 million customers and £480bn in assets.
Australia's richest person, Gina Rinehart, faces a partial defeat in a 15-year legal dispute over iron ore royalties, potentially costing her family hundreds of millions.
David Ellison, Paramount Skydance CEO, is hosting a private dinner honouring Donald Trump as his $111 billion bid for Warner Bros. Discovery awaits federal approval, sparking Hollywood opposition over competition concerns.
Paramount Skydance CEO David Ellison is reportedly hosting an intimate Washington dinner honouring President Trump as his $111 billion bid to acquire Warner Bros. Discovery awaits federal approval, raising questions about political influence.
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Former Disney CEO Bob Iger is reportedly using company resources to engage a high-profile media lawyer to challenge an upcoming unauthorised biography about his tenure and leadership at the entertainment giant.
Allbirds, the once-celebrated eco-friendly shoe brand, announces a $50 million financing deal to transform into NewBird AI, focusing on GPU-as-a-service for AI companies.
Australia's richest person, Gina Rinehart, could be forced to pay hundreds of millions in royalties after rival mining dynasties won parts of a bitter court battle over iron ore riches.
Struggling shoe brand Allbirds announces a dramatic shift from footwear manufacturing to artificial intelligence, causing its stock price to skyrocket by over 300%.
A gold pocket watch recovered from the body of wealthy businessman Frederick Sutton, who perished on the Titanic, is set for auction with estimates reaching £80,000. The timepiece's second hand remains frozen, capturing the moment of the 1912 disaster.
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Australia's richest person, Gina Rinehart, must pay royalties to descendants of her father's business partner after a decade-long court battle over the Hope Downs iron ore mine.
Standard Life, formerly Phoenix Group, purchases Aegon's UK business for £2 billion, creating a major pension and savings entity with 16 million customers and £480 billion in assets.
Standard Life has purchased Aegon's UK business for £2 billion, creating a pension and savings powerhouse with 16 million customers and £480 billion in assets.
Standard Life has agreed to purchase Aegon's UK business for £2 billion, creating a retirement savings giant with 16 million customers and £480 billion in assets under administration.
A landmark court ruling forces Gina Rinehart's Hancock Prospecting to pay hundreds of millions in royalties from the Hope Downs iron ore project to Wright Prospecting, ending a 15-year legal dispute.
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Australia's richest person, Gina Rinehart, awaits a Supreme Court judgment in a bitter multibillion-dollar dispute over the Hope Downs iron ore complex, involving allegations of contract breaches and family conflicts.
