MLXIO

Business

Latest news, analysis, and updates in business.

A close up of a cell phone on a table
May 12, 2026

GameStop CEO Slams eBay Bosses, Launches $55.5B Takeover Bid

Ryan Cohen targets eBay with a $55.5B bid, accusing its leadership of complacency and promising $2B in cuts to rival Amazon.

4 min read

group of people sitting on chair
May 12, 2026

Tim Cook Joins Trump’s China Trip, Shaping US Tech Diplomacy

Tim Cook’s role on Trump’s China trip highlights tech’s new frontline position in US-China economic and strategic negotiations.

4 min read

silver iPhone 11
May 12, 2026

Steve Jobs $1 Coin Sparks Rush at U.S. Mint May 12 Sale

The U.S. Mint releases its first Steve Jobs $1 coin May 12. Prepare your account now to snag this historic collectible.

4 min read

an empty courtroom with wooden paneling and columns
May 11, 2026

Apple Grabs Samsung Docs to Rattle DOJ Antitrust Case

Apple secured court approval to demand Samsung’s internal documents, intensifying its defense in the DOJ’s antitrust case and escalating tech rivalry.

5 min read

a person using a computer
May 11, 2026

PS5 Price Hike Sparks Sales Frenzy—Switch 2 Could Cash In

PS5 sales spiked after a price increase due to panic buying, hinting Nintendo Switch 2 could see similar demand if prices rise.

4 min read

motorized scooters parked near road during daytime
May 10, 2026

Lime Bets Big on IPO to Scale Micromobility Market

Lime files for IPO, betting public markets will back its micromobility growth despite missing financial details.

4 min read

Man carrying box of belongings in office
May 10, 2026

Truecaller Slashes 70 Jobs After Ad Revenue Crashes 44%

Truecaller cuts 70 jobs after a 44% ad revenue drop, revealing deep financial strain and urgent cost-cutting measures.

3 min read

a man with a suitcase and a radio in the grass
May 10, 2026

Airlines Crack Down on Portable Batteries Over Safety Fears

American Airlines joins others in restricting portable batteries mid-flight due to safety concerns over lithium-ion fire risks.

4 min read

A close up of a car's tail light
May 10, 2026

Uber Races to Control Autonomous Vehicle Data and Rides

Uber accelerates its strategy to dominate autonomous vehicle data, investments, and ride distribution to avoid losing mobility market control.

3 min read

Three men in suits being filmed for dota 2 competition.
May 10, 2026

ABC and Disney Challenge FCC Over First Amendment Threats

ABC and Disney accuse the FCC of threatening First Amendment rights by targeting news interview exemptions, risking broadcasters' editorial freedom.

4 min read

man in white long sleeve shirt driving car
May 9, 2026

GM Pays $12.75M for California Driver Privacy Breach

GM agrees to a $12.75 million settlement over California driver data privacy violations, highlighting rising enforcement risks for automakers.

4 min read

woman in red and blue floral dress smiling
May 9, 2026

Nvidia Grabs Goldman Sachs Star to Sharpen Financial Edge

Nvidia appoints former Goldman Sachs Vice Chair Suzanne Nora Johnson to boost financial governance and signal strategic maturity.

5 min read