Sustainable sneaker maker, Allbirds, is selling most of its business to American Exchange Group for just $39 million, marking a dramatic fall from its $4 billion valuation.

Apple turns 50 today, a significant milestone for a company that has helped shape tech and culture by mainstreaming PCs and smartphones, and popularizing apps.

Nike’s stock fell over 8% in extended trading on Tuesday after the sportswear giant warned of a challenging roadmap ahead despite exceeding third-quarter expectations with $11.28 billion in revenue.

A federal judge has permanently blocked President Donald Trump’s executive order to cut federal funding for National Public Radio (NPR) and Public Broadcasting Service (PBS), citing First Amendment violations.

ChatGPT maker OpenAI has raised a record $122 billion from investors, valuing the company at $852 billion and marking its largest-ever funding round, highlighting growing global demand for artificial intelligence.

The Department of Labor has proposed a new rule to make it easier for 401(k) plans to include alternative investments such as cryptocurrency, real estate, and private equity.