BUSINESS

Apple and Micron are at odds over rising memory prices, with Apple blaming suppliers and Micron pointing to aggressive buying tactics that killed margins during the 2023 price collapse.

Warren Buffett has paused his annual billion-dollar gift to the Gates Foundation for the first time in two decades, pending an Epstein review.

Microsoft's upcoming job cuts across Xbox, sales, and consulting relate to its $100 billion AI investment. Learn which five gaming studios are at risk and the potential impact on the gaming industry.

SpaceX faces intense investor scrutiny as its $1.7 trillion valuation clashes with significant AI losses and trailing revenue behind retail chains like Macy's.

Meta is developing Arena, a prediction app, amid concerns over gambling-like behaviours and its impact on vulnerable users. The app could blur lines between gaming, investing, and gambling.

Microsoft plans to cut under 2.5% of its workforce next week across sales, consulting, and Xbox, with agency contractors already laid off before the fiscal year even closed.

The UK government is considering intervening in Paramount's $110 billion acquisition of Warner Bros. Discovery due to concerns about media plurality and competition, with a decision expected after 6 July.

With MiCA's July 1 deadline now here, crypto firms that secured licences are poised to dominate Europe's market, others are cutting services or eyeing Dubai, where enquiries have surged

New York City's new pied-à-terre tax impacts luxury real estate, targeting Ken Griffin's $238M penthouse. Discover who bears the cost and the tax's implications for property owners.

Lionel Messi's 'Spider-Man: Brand New Day' cameo went viral, but Sony has not revealed his fee. We estimate what the star's appearance could be worth.

Warren Buffett pauses his annual donation to the Gates Foundation, awaiting an external review of its past ties with Jeffrey Epstein, raising questions about his relationship with Bill Gates.

Ford has rehired over 300 veteran engineers after AI systems failed to meet quality standards, highlighting the limits of automation and the enduring value of human expertise in manufacturing.

Prime Minister Keir Starmer unveils a £15 billion Defence Investment Plan, emphasising drones and autonomous systems to counter Russian threats, while reallocating funds from less urgent projects.

Executives at major U.S. companies receive bonuses from Trump tariff refunds, while consumers see no direct relief. Boards adjust payouts to neutralise tariff costs, sparking public discontent.

Rocket Lab's $8B acquisition of Iridium Communications positions it against SpaceX's Starlink in satellite-to-phone connectivity. Learn about the impact on mobile signals and investor opportunities.

England's World Cup match against Panama is expected to generate £310M in spending, with pubs preparing for a surge in beer sales and fans contributing significantly to the UK economy.

In May, UK mortgage approvals hit an 18-month low at 56,205, as rising interest rates and economic uncertainty deterred buyers. Despite this, house prices continued to rise, creating a complex housing market.