Commentary: A porn firm that a judge called a ‘copyright troll’ now has Meta in its sights — and it could win
This porn company made millions by shaming the little guys who downloaded its films. But now it’s going after Meta...
Wednesday, July 1, 2026
Business • Finance
Rivian lays off hundreds of workers days after new vehicle deliveries begin
Rivian said it’s laying off hundreds of employees, or less than 2% of its workforce, as part of restructuring efforts...
Allbirds stock takes flight after announcing new CEO and name change
Allbirds is clipping its wings — again.The San Francisco company announced Wednesday it will be changing its name to Smartbird...
Trump administration pays $765M to kill more offshore wind projects, including one off California
In yet another blow to the beleaguered offshore wind industry, the Trump administration said Wednesday it will pay developer Invenergy...
Capital Group buys Bunker Hill skyscraper
Los Angeles fund manager Capital Group has completed its $210-million purchase of the Bunker Hill skyscraper it already occupied as...
Snap unveils its $2,195 augmented reality glasses as rivalry with Meta heats up
Social media company Snap showcased a pair of its $2,195 augmented reality glasses Tuesday, staking a claim in a race...
People are betting on elections in prediction markets. Congress is watching
WASHINGTON — As Spencer Pratt fell behind in the Los Angeles mayoral primary, an unexpected group began claiming election fraud: people tracking...
SpaceX buys AI coding startup for $60B in race for an edge over Anthropic and OpenAI
Elon Musk’s SpaceX has acquired Cursor, an autonomous coding startup for $60 billion in an all-stock deal, allowing the space...
Struggling Pizza Hut restaurant chain sold for $2.7 billion
Pizza Hut is getting a new home.Yum Brands, based in Louisville, Ky., announced Tuesday that it has sold the struggling...
Trump’s feud with AI company Anthropic keeps heating up
Artificial intelligence company Anthropic and the Trump administration are sparring — yet again.Over the weekend, tensions between the San Francisco...
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