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Alphabet (GOOGL) Faces Wrongful Death Lawsuit Over YouTube Claims About Targeting Minors
Simply Wall St.13d agobearish
Alphabet (GOOGL) Faces Wrongful Death Lawsuit Over YouTube Claims About Targeting Minors

A new wrongful death lawsuit has been filed against several tech companies, including Alphabet's YouTube. The complaint alleges that social media platforms knowingly targeted minors and concealed risks linked to child deaths. The case focuses on internal company behavior and platform oversight rather than typical shareholder or privacy issues. Alphabet, which trades on the NasdaqGS under the ticker NasdaqGS:GOOGL, is under fresh scrutiny as this lawsuit raises questions about YouTube's...

JD Sports downgraded due to pressure on consumers and lack of 'brand heat'
Proactive13d agobearish
JD Sports downgraded due to pressure on consumers and lack of 'brand heat'

JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) has been downgraded by RBC Capital Markets as it views sportswear markets as "highly promotional", with lower-income consumers under pressure from the elevated cost of living. Cutting the rating to 'sector perform' from 'outperform', with a 100p...

Meta Scales Back Wipro Outsourcing Following AI-Led Business Restructuring
InvestorsHub13d agobearish
Meta Scales Back Wipro Outsourcing Following AI-Led Business Restructuring

Meta Platforms (NASDAQ:META) has reduced the volume of IT services outsourced to Wipro Ltd (NYSE:WIT) by at least 25% after an artificial intelligence-driven reorganisation that resulted in the closure of its digital marketing division, according to a report from Mint. Wipro’s Revenue from Meta Expected to DeclineThe report, citing two people familiar with the matter, said Wipro now expects to generate approximately $75 million in annual revenue from Meta after the technology giant decided to br

Oil prices sink on Iran hopes, yen gains after joint intervention
AFP13d agobearish
Oil prices sink on Iran hopes, yen gains after joint intervention

Oil prices tumbled on Monday as Donald Trump said fresh talks with Iran will begin later in the day, while the yen extended gains after US and Japanese officials confirmed a rare joint intervention to prop up the currency.Investors were also keeping a close eye on currency markets after Trump confirmed that the United States had intervened jointly with Japan to support the yen, calling it a "signal of friendship", while officials said they were ready to act again.

Bloomberg13d agobearish
Beer Dynasty Families Sell €731 Million Stake in AB InBev

(Bloomberg) -- Some of the historic family owners of Anheuser-Busch InBev sold a €731 million ($843 million) stake in the world’s largest brewer, after its shares surged at the start of this year. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSaudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosSingapore's Gated Island for the Rich Is Marred by Decayed HomesTrump Says Iran Talks to Begin Monday After Scrapping AttackCrushed by Kospi Rout, Angry Koreans Rip Lee