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Retail
In a significant strategic shift, Dollar Tree announced on Wednesday that it will sell its Family Dollar business to a group of private equity investors for approximately $1 billion. The deal concludes a nearly year-long search for a buyer for the underperforming discount retail chain, and marks a sharp pivot
Artificial Intelligence (AI)
Amazon is doubling down on its push to personalize the shopping experience through artificial intelligence. The tech giant announced a new feature on Wednesday called “Interests”, designed to transform the way users search for and discover products. By leveraging large language models (LLMs), the tool turns natural language prompts into
Media
In a headline that feels equal parts surreal and nostalgic, Napster — the once-infamous music-sharing renegade of the early 2000s — just sold for a staggering $207 million. The buyer? Infinite Reality, a company betting that the future of music lies somewhere between nostalgia and virtual reality. It’s a bold play:
Transportation
Waymo, the self-driving arm of Alphabet, has announced its plans to launch a commercial robotaxi service in Washington D.C. by 2026. The rides will be available through the Waymo One app, adding the nation’s capital to a growing list of U.S. cities where the company is deploying
Automotive
Chinese electric vehicle giant BYD has officially surpassed Tesla in annual sales and vehicle deliveries, marking a major milestone in the global EV race. In a Monday earnings release, BYD reported an impressive $107 billion in 2024 revenue, outpacing Tesla’s $97.7 billion. The Shenzhen-based automaker also delivered a
Healthcare
Once heralded as a trailblazer in consumer genetics, 23andMe has filed for Chapter 11 bankruptcy protection, marking a dramatic fall from its former $6 billion valuation. The filing was made Sunday night in Missouri federal court, capping off a tumultuous period for the company marked by financial struggles, failed business
Automotive
South Korean conglomerate Hyundai is set to unveil a sweeping $20 billion investment into U.S. manufacturing and onshoring efforts, a move that includes a new $5 billion next-generation steel plant in Louisiana. The announcement is expected to be made Monday at the White House alongside President Donald Trump, Hyundai
Media
In the latest twist of tech media consolidation, Yahoo has sold TechCrunch to the private equity firm Regent, marking yet another ownership change for the pioneering tech news outlet. The financial terms of the deal remain undisclosed, but the move follows Regent’s recent acquisition of Foundry—the media group
Tech Insights
Messaging platform Telegram has officially surpassed 1 billion monthly active users, according to its founder and CEO Pavel Durov — marking a major milestone for the app known for its privacy-first approach and fiercely independent stance. The announcement, made on Durov’s personal Telegram channel, was more than just a victory
Retail
While many discount retailers struggle in 2025—prompting store closures at chains like Big Lots and Dollar General—Five Below is taking a different path. The teen- and tween-focused discount chain announced it will open 150 new stores this year, a bold move in a sector grappling with inflationary pressure
Automotive
Tesla has issued a major recall affecting 46,096 Cybertrucks in the U.S. due to a faulty piece of exterior trim that may detach while the vehicle is in motion—posing a serious safety risk to other drivers. The recall, filed with the U.S. National Highway Traffic Safety
Semiconductors
SoftBank Group has announced a definitive agreement to acquire Ampere Computing, a Silicon Valley-based chipmaker, for $6.5 billion in an all-cash transaction. The deal, expected to close in the second half of 2025, marks a bold strategic move by SoftBank to deepen its investment in AI infrastructure and high-performance