Google illegally acted as a search monopoly, judge rules in major case
The case against Google follows a string of antitrust suits targeting tech giants, including Meta and Apple.
Brian Bushard, Forbes Staff
FTX, Alameda Research must pay customers US$12.7 billion in fraud suit
Collapsed crypto exchange FTX and its sister trading firm Alameda Research must pay $12.7 billion, a New York-based federal court ruled on Thursday.
Bitcoin price updates: Crypto giant plummets amid wider market selloff
The price of Bitcoin hit its lowest mark since February, reversing months of gains.
Billionaire Bill Ackman’s Pershing Square withdraws IPO
Investor Bill Ackman had planned to take his capital management firm public as a hedge fund for ordinary investors.
Meet the billionaires’ kids competing at the Paris Olympics
Two children of billionaires will compete this week at the Paris Summer Olympics.
Hottest day on Earth: Planet breaks record twice this week amid historic heat waves
The record set on Sunday for the planet’s hottest day ever lasted just a single day, as another record was set on Monday as a series of summer heat waves blister North America and scientists warn human-caused greenhouse gas emissions could accelerate the pace of climate change.
Netflix scraps cheapest ad-free tier for existing customers
Netflix had previously eliminated its ad-free subscription plan for new customers in the U.S., and the streaming giant will now scrap it for existing customers
Billionaire Sam Altman claims US$27 million San Francisco mansion is a total ‘lemon’
Billionaire OpenAI CEO Sam Altman reportedly claimed developers of his $27 million San Francisco estate rushed to sell the property, even with shoddy construction.
Here’s why Michelle Obama led a presidential poll—and why she won’t replace Biden
Former First Lady Michelle Obama has repeatedly turned down calls to run for president, though one poll found she would beat former President Donald Trump in a head-to-head matchup.
Billionaires Bailing On Biden: Barry Diller, Christy Walton, Reed Hastings Urge Biden To Drop Out
Billionaire Mark Cuban said Democrats should consider a replacement for President Joe Biden after his poor debate performance—but megadonor Reid Hoffman called pushing Biden to drop out a “bad idea.”