Tech & Telecom

Meme Stock GameStop Pitches $56 Billion Takeover of eBay

GameStop Corp.is proposing to buy eBay Inc. for about $56 billion in cash and stock, a bold attempt by Ryan Cohen to take over a storied e-commerce name several times larger.

By Cecilia D'Anastasio and Spencer Soper

European Leaders Meet as Trump Adds More Threats: What to Watch

Nearly 50 European leaders will gather in Armenia Monday to discuss pressing issues for the continent, such as democratic resilience and energy security. But the meeting will likely be overshadowed by recent comments by Donald Trump that threaten to send transatlantic relations to a new low.

Banks in US Are Working to Gird Against AI Attacks, Bessent Says

Treasury Secretary Scott Bessent said US financial and technology companies are “working on their resiliency” against artificial intelligence threats, including concerns that AI could be deployed to hack into bank accounts.

German Auto Group Urges De-Escalation in US-EU Tariff Dispute

Germany’s automotive industry pleaded for an urgent de-escalation in the tariff dispute between the US and the European Union and called for immediate talks between the two sides after President Donald Trump said he would increase auto tariffs on the bloc next week.

Spirit Bailout Talks Said to Have Ended With Closure Looming

Talks between the Trump administration and Spirit Aviation Holdings Inc. have ended without a deal being reached to rescue the beleaguered airline, according to people familiar with the matter.

Microsoft, Amazon Hand Pentagon More Control Over AI Systems

The Pentagon has struck agreements with more technology companies for expanded use of advanced artificial intelligence tools on classified military networks, according to a Defense Department statement and two defense officials briefed on the matter.

‘Golden’ or ‘Garbage’: Milken Signals New Private Credit Era

Months before Jamie Dimon’s infamous remark about more than one “cockroach” lurking in credit markets, TCW Group Inc. Chief Executive Officer Katie Koch warned the direct lending industry was due for a reckoning.

Coinbase Says Deal Reached on Key Part of Crypto Market Bill

Coinbase Global Inc. said a deal has been reached on a key stablecoin yield provision, potentially clearing a path for sweeping crypto legislation to move forward in the US Senate.

Musk’s Trial Against OpenAI Hits Some Rough Spots in First Week

Elon Musk set out to tell a jury that his falling out with OpenAI was a simple tale of betrayal.

Kohl’s Sheds Consumers’ Bid to Force Company Into Arbitration

Kohl’s Corp. defeated consumers’ attempt to compel arbitration in a deceptive advertising dispute because the company failed to register its agreement with the the American Arbitration Association.

Is Social Media Big Tobacco 2.0? Suits Over the Impact on Teens

Is social media to blame for the decline in teen mental health? Hundreds of lawsuits argue that they are. But can the claims get past Section 230, big tech's legal shield? In this video, we look at the fight over social media's impact on teens.