Business

Bankrupt FTX sells stake in hot AI startup Anthropic

FTX, the bankrupt company once run by disgraced crypto king Sam Bankman-Fried, will sell two-thirds of its shares in hot AI startup Anthropic for $880 million, a court filing said on Monday.

Business

Justice Department to sue Apple for antitrust violations

The Justice Department is poised to sue Apple Inc. as soon as Thursday, accusing the world's second most valuable tech company of violating antitrust laws by blocking rivals from accessing hardware and software features of ...

Business

Nintendo wins battle against piracy software company

A company that was sued by Nintendo for creating software that allowed the mass pirating of video games agreed Monday to pay the "Super Mario" maker $2.4 million in damages and shutter the tool.

Business

Ex-Twitter execs sue Musk for unpaid severance

Former top executives of Twitter sued Elon Musk on Monday saying he has failed to pay them nearly $130 million after the billionaire took over the social media company and dismissed them.