Wisconsin’s Public Service Commission has upheld strict credit requirements that could force Oracle to post more than $7 billion in financial collateral to guarantee electricity supply for a massive new artificial intelligence data center. The ruling stems from tariff rules that apply to exceptionally large energy users and require companies...
OAKLAND, California – News Corp filed a countersuit on Wednesday, July 22, 2026, in federal court in Oakland, accusing Brave Software of what it calls “flagrant theft” and “tacky tech trafficking” for allegedly scraping and reselling millions of copyrighted articles to artificial intelligence developers without authorization. The complaint focuses on...
Miami — A federal judge in Miami has ordered U.S. President Donald Trump to turn over detailed financial records from hundreds of his corporate entities as part of his $10 billion defamation lawsuit against the British Broadcasting Corporation (BBC). The order, issued on a Tuesday during a high-stakes discovery hearing,...
Bristol, Connecticut – ESPN is facing mounting criticism after announcing a new round of layoffs on Wednesday, July 22, 2026, that affects prominent on-air personalities and longtime staff at the Disney-owned sports network. Departures include former NFL MVP and on-air personality Cam Newton, former Pittsburgh Steelers safety and prominent analyst...
Samsung Electronics is in advanced talks to invest up to €1 billion in French artificial intelligence startup Mistral AI as part of a Series D fundraising round that could value the Paris-based company at about €20 billion, according to a Financial Times report dated July 22, 2026. The prospective deal...
The U.S. administration under President Donald Trump is preparing to impose a new round of broad import tariffs before a temporary 10 percent global duty measure expires on Friday, July 24, 2026. Officials say the move is intended to avoid any legal or operational gap in the federal tariff regime...
U.S. authorities in Washington, DC have seized more than $25 million in cryptocurrency linked to transnational investment scams targeting residents of the United States and Canada. On July 21, 2026, the U.S. Attorney's Office for the District of Columbia filed five civil forfeiture complaints in federal court to confiscate the...
United States – The Walt Disney Company has launched a sweeping new round of layoffs affecting several hundred employees across some of its most high-profile units, a company spokesperson confirmed on Tuesday. The cuts reach into Pixar Animation Studios, National Geographic, and multiple corporate-level functions, signaling material changes in both...
Novo Nordisk has filed a federal lawsuit in the U.S. District Court for the District of New Jersey accusing Eli Lilly of running deceptive nationwide advertising campaigns for its obesity and diabetes drugs Zepbound and Mounjaro. The complaint, lodged on Tuesday, alleges violations of federal and state false advertising and...
Sony Music Entertainment has filed a new federal copyright infringement lawsuit in New York against AI music generation platform Udio, alleging the unauthorized use of 30,117 copyrighted sound recordings to train its generative models. The case, brought on July 21, 2026, marks an escalation in the recording industry’s legal campaign...
