Business News

Business

Winter Storm Chaos: Over 2,800 US Flights Canceled, Travel Plans Disrupted

A severe winter storm has led to the cancellation of over 2,800 flights across the United States, causing significant travel disruptions and power outages. Major airlines like Amer...

Business

Zuckerberg Alleges Biden Administration Pressured Meta to Censor Vaccine-Related Content

Meta CEO Mark Zuckerberg claims the Biden administration pressured Meta to censor vaccine-related content, including a meme featuring Leonardo DiCaprio. Despite the pressure, Meta ...

Business

Meta Discontinues DEI Initiatives Amid Shifting Legal and Policy Landscapes

Meta Platforms Inc. halts its DEI initiatives due to changing legal and policy landscapes in the US, influenced by recent Supreme Court decisions. This includes ending the "Diverse...

Business

Lula and Macron Forge Alliance on Digital Sovereignty and Misinformation Combat

Brazilian President Lula and French President Macron discussed digital sovereignty and combating misinformation, emphasizing the importance of protecting democracy and fundamental ...

Business

Infosys Files Counterclaim Against Cognizant: Allegations of Stalled Projects for Competitive Edge

Infosys has filed a counterclaim against Cognizant, alleging anticompetitive practices aimed at maintaining dominance in the healthcare payer software market. The lawsuit highlight...

Business

EU Approves Synopsys' $35 Billion Acquisition of Ansys with Conditions

The European Commission conditionally approves Synopsys' $35 billion acquisition of Ansys, requiring divestitures to preserve competition in optics, photonics, and EDA software mar...

Business

TikTok's Fate in the US: A Temporary Ban or a Permanent Solution?

The US government hints at a possible temporary solution to the TikTok ban, suggesting ByteDance could sell the platform. The Supreme Court debates the implications of a federal la...

Business

Eli Lilly Nears $2.5 Billion Deal to Acquire Scorpion Therapeutics

Eli Lilly and Company is reportedly finalizing a $2.5 billion acquisition of Scorpion Therapeutics, with a $1 billion upfront payment and up to $1.5 billion more based on performan...