Microsoft tops Apple as world’s most valuable public company

Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Microsoft ended Friday’s U.S. trading session as the most valuable publicly traded company, surpassing Apple after briefly topping the iPhone maker during intraday trading Thursday. Shares of Microsoft climbed more than 3% for the week, bringing the company’s market cap to $2.89 trillion, while … Read more

Trump scores rare legal win as judge cancels trial over his endorsement of multi-level marketing ‘videophone’ company

A federal judge dismissed a civil trial against Donald Trump in Manhattan, scheduled to start on January 29. He was accused of dishonestly promoting a multi-level marketing  company hawking a “videophone.” The judge said the case — which was litigated for years — is best tried in a different court. A federal judge canceled an upcoming … Read more

Discord cuts 17% of workforce, latest tech company to downsize in 2024

The Discord app is seen on an iPhone in this photo illustration in Warsaw, Poland, on April 3, 2021. Jaap Arriens | NurPhoto | Getty Images Discord will lay off 17% of the company’s workforce, which equates to 170 employees, a spokesperson confirmed Thursday. The company, which provides a popular messaging service used by gamers, … Read more

Founder of KC company Jericho Home Improvements, John Bartrom, killed in Sunday shooting

The victim of a fatal shooting just after midnight Sunday has been identified as a local entrepreneur and owner of a Kansas City home remodeling company. John Bartrom, 46, who founded Jericho Home Improvements, LLC, died after he was found shot in a business parking lot on Prospect Avenue in Kansas City, according to police. … Read more

Yellen says 100,000 firms have joined a business database aimed at unmasking shell company owners

WASHINGTON (AP) — Treasury Secretary Janet Yellen is announcing that 100,000 businesses have joined a new database that collects “beneficial ownership” information on firms as part of a new government effort to unmask shell company owners. Yellen, in remarks prepared for delivery Monday, says the new Treasury database that is collecting beneficial ownership information sends … Read more

How ValueAct may help boost margins at this Japanese medical device company

Dobrila Vignjevic | E+ | Getty Images Company: Nihon Kohden   Company: Nihon Kohden (6849.T-JP) Business: Nihon Kohden is a Japan-based company engaged in the research, development, manufacture and sale of medical electronic equipment, as well as the provision of maintenance and repair services. The company offers a wide array of devices to aid with … Read more

Apple might be the next Big Tech company facing antitrust charges in the US

Apple could soon be the subject of a federal antitrust lawsuit, according to a report from The New York Times. The publication says that the US Department of Justice (DOJ) is in the “late stages” of an investigation into Apple and its moves to keep customers locked into its ecosystem. The DOJ’s investigation is looking … Read more

Autonomous delivery startup Nuro taps simulation company Foretellix to cut R&D costs

Autonomous delivery startup Nuro has struck a deal with safety-focused software company Foretellix to help with virtual testing of its automated driving system, in a bid to cut R&D costs while still pushing the technology forward. The partnership, which the companies are set to announce later Thursday, comes in the wake of a tumultuous stretch … Read more

This company says AI can help design sustainable smart home appliances

Hitachi Smart home devices should not only enable consumers to live better and save them time and cost, the technologies should also be made to last as demand for sustainable products continues to grow.  To achieve this broad range of aims, manufacturers will need to turn to artificial intelligence (AI) for answers, according to Zafer … Read more