11 November 2025 In a development that may reshape how America shops and pays, Visa and Mastercard have reached a revised settlement with U.S. merchants following two decades of litigation, agreeing to do more than previously proposed to ease the burden of so-called “swipe fees.” The long-running dispute stems from allegations that Visa and Mastercard, together with issuing banks, colluded to inflate interchange fees charges merchants pay each time a customer uses a card and

9 November 2025 In what could become a defining moment for the payments industry, Visa and Mastercard are reportedly on the brink of reaching a settlement with U.S. merchants that would mark the end of a two-decade legal struggle over credit-card fees and acceptance rules. According to a report by the Wall Street Journal, the deal would see the card networks reduce interchange fees commonly referred to as “swipe fees” by roughly 0.10 percentage point over several years, from

07 November 2025 In a bold move that underscores the accelerating race for artificial intelligence dominance, Meta Platforms has committed to invest $600 billion in U.S. infrastructure and job creation over the next three years primarily aimed at building out data-centres and compute systems to support its ambition of reaching “superintelligence”. The announcement, revealed in a filing on Friday and attributed to the company’s remarks during an earnings-call and a meeting wit

28 October 2025 Technology and retail giant Amazon announced on 28 October 2025 that it plans to eliminate approximately 14,000 corporate roles globally, initiating what insiders suggest could expand into cuts of up to 30,000 jobs. The announcement is part of a sweeping redesign of Amazon’s corporate structure, driven by the need to reverse a hiring surge from the pandemic era and to align the workforce with a rapid shift toward artificial-intelligence (AI) acceleration. The

26 October 2025 Workers hold signs during a walkout by members of the International Association of Machinists and Aerospace Workers (IAM) over contract negotiations, outside Boeing company's facility, in Berkeley, Missouri, U.S., August 4, 2025. REUTERS/Lawrence Bryant Workers at Boeing’s defence operations in the St. Louis area have dealt a fresh blow to the company’s contract negotiations after rejecting a new proposal offered by the aerospace giant. The vote by roughly 3,2

16 October 2025 Microsoft has unveiled a sweeping set of AI enhancements for Windows 11, aiming to make its Copilot assistant more deeply integrated, more capable, and more intuitive for everyday users. Among the headline features is a new voice activation mode: users can now say “Hey, Copilot” to summon the assistant in an opt-in setup across compatible Windows 11 devices. The update also expands Copilot Vision to all markets where Copilot is offered, enabling it to analyze

08 October 2025 Coca-Cola has announced that early next year it will begin rolling out single-serve mini cans of 7.5 ounces in select...

17 September 2025 A US-led group will control about 80% of TikTok. REUTERS A major shift is underway to resolve the ongoing standoff...

6 August 2025 In a show of industrial ambition, Apple is poised to unveil a fresh $100 billion commitment to expand manufacturing...