Google has agreed to a $135 million settlement in a class action lawsuit alleging it collected data from Android phones without user consent, affecting around 100 million users. The settlement requires Google to clarify data usage during device setup and stop data collection when background data is disabled. A final court hearing is scheduled for June 23 to approve the deal. Eligible users can claim payouts up to $100 by submitting payment details before the hearing date.
Amazon has secured a $17.5 billion delayed draw term loan from major banks including Citigroup, JPMorgan Chase, and Wells Fargo, shortly after raising $14 billion through a Canadian bond sale. This brings Amazon's new financing to about $31.5 billion...
In 2026, two ETFs with opposite strategies show a clear performance gap: the AI-centric Roundhill Magnificent Seven ETF (MAGS) is down 0.45%, while the broad-market Defiance Large Cap ex-Mag 7 ETF (XMAG) is up 10.73%. MAGS concentrates on seven mega-...
JPMorgan's JEPI and JEPQ ETFs both use covered-call strategies with the same fees but differ in their stock focus: JEPI targets a low-volatility S&P 500 subset, while JEPQ focuses on the Nasdaq-100 tech-heavy index. This difference led to JEPQ achiev...
The new investment acronym MANGOS groups six major AI-related companies: Meta Platforms, Anthropic, NVIDIA, Google, OpenAI, and SpaceX. This mix includes three public giants—Meta, NVIDIA, and Alphabet—and three private firms expected to IPO soon. The...
A California judge rejected Meta and Google's YouTube request for a new trial after a jury found them liable for creating social media platforms that harm young users. The lawsuit claimed the platforms' addictive designs caused harm, with the court r...
