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Meta Accused of Running Thousands of AI "Nudify" Ads on Facebook and Instagram
Meta Platforms Inc. allowed thousands of advertisements for AI-powered "nudify" apps to appear on Facebook and Instagram, despite company policies prohibiting such content, according to a report by the nonprofit Tech Transparency Project (TTP).

By The Financial District
3 minutes ago1 min read


PAGCOR First-Half Revenues Drop 26.6% as Gaming Earnings Weaken
The Philippine Amusement and Gaming Corporation (PAGCOR) reported a 26.64-percent decline in total revenues during the first half of 2026 as lower earnings from gaming operations weighed on the state gaming agency's financial performance.

By The Financial District
10 hours ago2 min read


Poolside Unveils Laguna AI Model to Challenge Global Rivals
Artificial intelligence startup Poolside is re-emerging after nearly two years out of the spotlight with a new large language model that it says can compete with leading American and Chinese open-source AI systems.

By The Financial District
23 hours ago1 min read


Tesla's Original Founders Back Tiny EV Truck Startup TELO
Tesla co-founders Martin Eberhard and Marc Tarpenning are backing TELO, an electric vehicle startup developing compact electric pickup trucks as an alternative to Tesla's Cybertruck.

By The Financial District
23 hours ago1 min read


Amy's Kitchen Recalls More Than 200,000 Soup Cans Over Spoilage Risk
Amy's Kitchen has recalled more than 15,000 cases—equivalent to more than 200,000 cans—of Organic Lentil Soup – Light Sodium because of a manufacturing defect that could lead to product spoilage.

By The Financial District
23 hours ago1 min read


Boeing Q2 Revenue Beats Forecasts as Jet Deliveries Lift Cash Flow
Boeing has reported second-quarter results that exceeded revenue and cash flow expectations as rising jet deliveries helped the aircraft manufacturer return to positive free cash flow, continuing CEO Kelly Ortberg's turnaround efforts.

By The Financial District
24 hours ago1 min read


Micron, SK Hynix Lead Global Chip Sell-Off as AI Concerns Weigh on Semiconductor Stocks
.Semiconductor stocks extended their losses on Tuesday after the PHLX Semiconductor Index fell more than 2% in the previous session.

By The Financial District
2 days ago1 min read


Larry Ellison's Net Worth Drops $66 Billion as Oracle Shares Slide
Oracle Corp. shares have fallen 34% this year, dropping to $126 per share and reducing Oracle co-founder Larry Ellison's net worth by an estimated $66 billion.

By The Financial District
2 days ago1 min read


Samsung Lands $200 Billion Broadcom Chip Manufacturing Deal
Samsung Electronics has secured a contract worth more than $200 billion to manufacture chips for Broadcom Inc., strengthening its position in the rapidly expanding artificial intelligence semiconductor market.

By The Financial District
2 days ago1 min read


EU Says TikTok Failed to Adequately Protect Children's Privacy
The European Commission said Friday that TikTok failed to adequately protect children's privacy by allowing adults to view the accounts of minors.

By The Financial District
2 days ago1 min read


Oracle Cuts 21,000 Jobs While Expanding AI Infrastructure
Oracle Corp. reduced its workforce by approximately 21,000 employees as the company accelerated investments in artificial intelligence infrastructure.

By The Financial District
2 days ago1 min read


Nvidia Expands AI Footprint with Major South Korea Partnership
Nvidia has strengthened its position in the global artificial intelligence race after announcing a series of strategic agreements with major South Korean technology companies.

By The Financial District
2 days ago1 min read


CXMT Shares Surge in Blockbuster Shanghai Stock Market Debut
Shares of ChangXin Memory Technologies (CXMT), China's largest memory chipmaker, soared after making their trading debut on the Shanghai Stock Exchange.

By The Financial District
2 days ago1 min read


U.S. Officials Clash Over China's Latest AI Breakthrough
triggered sharp disagreements among U.S. technology and policy officials.

By The Financial District
3 days ago1 min read


WordPress Urges Immediate Updates After Critical Security Flaws Exploited
WordPress is urging website owners to update their installations immediately after hackers began exploiting newly discovered security vulnerabilities.

By The Financial District
3 days ago1 min read


Tesla Cash Burn Eases as Company Maintains Heavy AI Spending
Tesla continued to burn cash during the second quarter, although the outflow was significantly smaller than analysts had expected.

By The Financial District
3 days ago1 min read


TSMC to Raise Chipmaking Prices by Up to 10% in 2027
Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, plans to raise chipmaking prices by up to 10% beginning in 2027 to offset rising costs for raw materials, manufacturing equipment, and overseas factory construction.

By The Financial District
3 days ago1 min read


Boeing Seeks U.S. Review of Record EU Loan to Airbus
Boeing has asked the U.S. government to seek greater transparency from the European Union regarding a €3 billion ($3.43 billion) loan package awarded to Airbus.

By The Financial District
3 days ago1 min read


Charles Schwab, Halliburton Results Highlight Busy Week for Corporate Earnings
Second-quarter earnings season continued, with General Motors (GM), 3M, Charles Schwab (SCHW), and Halliburton among the major companies reporting financial results.

By The Financial District
3 days ago1 min read


Alibaba-Apple AI Partnership Lifts China Internet Stocks and KWEB ETF
Alibaba is helping drive a broad rebound in Chinese internet stocks.

By The Financial District
3 days ago1 min read


Federal Judge Temporarily Freezes Paramount's Acquisition of Warner Bros. Discovery
A coalition of states led by California won a temporary court order pausing Paramount's proposed $110 billion acquisition of Warner Bros. Discovery after arguing that allowing the merger to proceed would cause irreparable harm to competition.

By The Financial District
3 days ago1 min read


EU Orders Google to End Discriminatory Practices Toward Third-Party Services
Beyond the monetary penalty, the European Commission (EC) has ordered Google to treat third-party services without discrimination and allow app developers to communicate freely with users.

By The Financial District
3 days ago1 min read


2026 World Cup Redefines the Economics of Global Sports
There are few remaining events that capture the attention of audiences around the world simultaneously. In an era of fragmented media consumption, live sports remain one of the last forms of truly shared global entertainment—and broadcasters and advertisers recognize their growing value.

By The Financial District
3 days ago1 min read


Alphabet Beats Q2 Earnings Expectations, but Shares Fall on Higher Capital Spending
Alphabet, the parent company of Google, reported second-quarter earnings after the closing bell, beating Wall Street expectations on both revenue and earnings as Google Cloud revenue surged 82% year over year.

By The Financial District
3 days ago1 min read
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