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Google to Spend $500M to Settle Antitrust Litigation

Google has agreed to allocate $500 million over the next decade to bolster its compliance framework. This move is part of a settlement in response to shareholder litigation that alleged antitrust violations. The deal mandates sweeping internal reforms, aiming to prevent future misconduct and address claims of unchecked corporate dominance. The case serves as a bellwether for how big tech firms may be held to account for monopolistic practices. If approved, the changes could become a model for future compliance standards industry-wide. Read More >>

Trump and Xi to Speak Amid Trade Disputes

The White House has confirmed that President Trump and Chinese President Xi Jinping are expected to speak this week, marking a critical juncture in ongoing trade talks. While the timing remains unclear, this engagement is viewed as an attempt to ease tensions following tariff-related disagreements in Geneva. Senior officials hint that the conversation may result in de-escalation or even new trade terms. Market observers are watching closely, as such negotiations could significantly influence global economic outlooks. Read More >>

Musk Denies Killing $25K Tesla Model

Reports suggest Elon Musk denied canceling Tesla’s long-awaited $25,000 EV despite internal concerns. The low-cost vehicle was expected to boost Tesla’s market share globally. Executives reportedly confronted Musk about misleading statements regarding the car’s status. The contradiction has raised questions about transparency and strategy as Tesla balances innovation with affordability. Investors are now reevaluating expectations amid conflicting reports. Read More >>

Coinbase Breach Traced to India-Based Vendor

Sources reveal that Coinbase was aware of a data leak at an Indian outsourcing firm months before public disclosure. The breach, potentially costing $400 million, raises concerns about the crypto firm’s vendor oversight and risk management. Insiders say the incident involved sensitive customer information and may trigger regulatory scrutiny. The firm’s response and future risk protocols will be critical to restoring investor confidence. Read More >>

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