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Real estate brokerage Compass has reportedly sued Zillow for its ban on private home listings.
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The suit, filed Monday (June 23) in federal court in Manhattan, accuses Zillow of employing “anticompetitive tactics to protect its monopoly and revenues in violation of the antitrust laws,” the Associated Press (AP) reported.
According to the report, Compass alleges that...
Payments technology FinTech Icon Solutions has landed an equity investment from UBS.
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This investment, announced in a news release Wednesday (June 18), comes on top of additional funding from existing investors Citi and NatWest.
“Icon, an important partner of UBS, plays a crucial role in modernizing payment platforms with innovative infrastructure solutions,” said Pieter...
If you’ve scrolled through Instagram lately or wandered the halls of Art Basel, you’ve likely spotted a wide-eyed, snaggle-toothed gremlin dangling from a Hermès Birkin or peeking out of a Balenciaga tote. Meet Labubu.
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It’s the plush monster elf that’s become 2025’s most coveted collectible, fashion mascot, and — for some — a six-figure investment. Is Labubu just...
Restaurant chains Applebee’s and IHOP will reportedly begin using artificial intelligence (AI) tools for both customer-facing and back-of-house tasks.
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The chains’ parent company, Dine Brands, is rolling out AI to its brands’ 300 franchisees and 3,500 stores, the Wall Street Journal (WSJ) reported Friday (June 20), citing its interview with Dine Brands Chief Information...
The debate over regulation of the credit card industry will likely linger no matter what the fate of the Credit Card Competition Act (CCCA) might be.
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For a while, it looked like the on-again, off-again legislation would be back on, given the fact that it had been included as an amendment to the GENIUS Act, an acronym for Guiding and Establishing National Innovation for...
Swedish electric vehicle brand Polestar has gained a $200 million equity investment from PSD Investment, which is an existing investor and is controlled by Geely Holding Group Founder and Chairman Shufu Li.
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“Polestar intends to use the proceeds from the equity investment for working capital requirements and general corporate purposes,” the automaker said in a Monday (...
Humanoid robots could reportedly begin helping assemble Nvidia artificial intelligence servers at a factory in Houston by the first quarter of 2026.
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That is the goal of Nvidia and Foxconn, Reuters reported Friday (June 20), citing unnamed sources. The companies are expected to finalize the deployment within months.
It is not clear what type of humanoid robots would be...
Republicans’ plan to defund the Consumer Financial Protection Bureau (CFPB) as part of President Donald Trump’s tax and spending bill, the “Big, Beautiful Bill,” has suffered a setback by the Senate parliamentarian.
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The parliamentarian ruled that this and several other proposals violated Senate rules that require the legislation to include only measures that affect the...
Used car retailer CarMax saw greater loan losses and economic uncertainty during the quarter ended May 31.
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In response, the company’s CarMax Auto Finance (CAF) business boosted its provision for loan losses during the quarter to $101.7 million, up from $81.2 million in the same quarter a year earlier, according to a Friday (June 20) earnings release.
“CAF’s loan loss...
Uber Technologies’ artificial intelligence (AI) data services business, Uber AI Solutions, has added new solutions and now makes them available to AI labs and enterprises in 30 countries.
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Uber AI Solutions offers other businesses solutions that Uber has developed over the past decade while using data and AI in its own operations, the company said in a Friday (June 20) ...