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U.S. judge orders Google to share search data with competitors

Alphabet’s Google must share data with rivals to open up competition in online search, a judge in Washington ruled on Tuesday, while rejecting prosecutors’ bid to make the internet giant sell off its popular Chrome browser and Android operating system. Google CEO Sundar Pichai expressed concerns at trial in the case in April that the data-sharing measures sought by the U.S. Department of Justice could enable Google‘s rivals to reverse-engineer its technology. Google has said previously that it plans to file an appeal, which means it could take years before the company is required to act on the ruling. U.S. District Judge Amit Mehta also barred Google from entering into exclusive agreements that would prohibit device makers from preinstalling rival products on new devices. Google had argued that loosening its agreements with device makers, browser developers and mobile network operators was the only appropriate remedy in the case. Its most…

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Kraft Heinz to split into two companies

Kraft Heinz will split into two companies, reversing much of the blockbuster $46 billion merger from a decade ago that created one of the biggest food companies in the world. The first of the two new companies, which are not yet named, will primarily include shelf-stable meals and will be home to brands such as Heinz, Philadelphia and Kraft mac and cheese. Kraft Heinz said that company on its own would have $15.4 billion in 2024 net sales, and approximately 75% of those sales would come from sauces, spreads and seasonings. Kraft Heinz said the second new company would be a “scaled portfolio of North America staples” and would include items such as Oscar Mayer, Kraft singles and Lunchables. That company will have approximately $10.4 billion in 2024 net sales. “Kraft Heinz’s brands are iconic and beloved, but the complexity of our current structure makes it challenging to allocate capital…

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Locksley Resources LimitedStrengthens Leadership to Accelerate Growth Strategy

Perth, Australia (ABN Newswire) – Locksley Resources Ltd (ASX:LKY) (OTCMKTS:LKYRF) is pleased to announce the appointment of Mr Pat Burke as Non-Executive Chairman. Mr Burke brings proven experience and success in advancing rare earth element (REE) projects and has significant corporate governance expertise, ASX listed leadership experience and a strong track record in the resources sector. In his role as Executive Chairman of Meteoric Resources NL (ASX:MEI), MC ~$370m, he oversaw the transformative acquisition and advancement of the Caldeira ionic clay REE project in Brazil, one of the world’s largest high grade ionic clay rare earth deposits. Mr Burke was actively involved in all aspects of the project’s initial progression, including negotiations with government agencies, local partners and funders. He is a qualified lawyer, with over 20 years legal and corporate advisory experience. Mr Burke’s legal expertise is in corporate, commercial and securities law. His corporate advisory experience includes identification…

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Basin Energy

Investor Insight Basin Energy offers uranium and rare earth exposure through high conviction exploration projects within tier-1 jurisdictions. The group’s primary focus is the testing of district scale uranium and rare earth potential at the Sybella Barkly project, located directly west of the prolific mining town of Mount Isa, in northwest Queensland. These projects are deemed prospective for roll-front uranium, shear hosted hard rock uranium, sediment/ionic clay hosted rare earth elements and for hard rock rare earths. Evidence in support of this comes from the direct proximity and geological analogies to both ASX Paladin Energy’s Valhalla uranium deposit and its uranium source, the Sybella Batholith and for rare earth potential adjacent to ASX Red Metal’s Sybella Discovery. The company also provides strategic exposure to three projects in Canada’s Athabasca Basin, the heartland of uranium exploration, where it is partnered with TSXV CanAlaska uranium and has a strategic early mover position…

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Tech 5: NVIDIA Results Rattle Investors, Trump Signals More Tech Deals to Come

Artificial intelligence (AI) stocks saw continued pressure this week as concerns about overvaluation weighed on the sector ahead of NVIDIA’s (NASDAQ:NVDA) results release for its second fiscal quarter. The company beat Wall Street projections on revenue, earnings and profits, but shares still fell in extended trading on Tuesday (August 26) after it reported no H20 sales to China, where competition from domestic firms is heating up. John Murillo, chief business officer at B2BROKER, suggested the pullback could present a short-term buying opportunity for high-quality names with strong fundamentals, but cautioned that it could be the start of a broader correction. Reports that DeepSeek will train its newest AI models on Huawei chips and Cambricon Technologies’ (SHA:688256) 4,300 percent revenue surge underscore the shifting AI landscape. Still, optimism wasn’t absent: NVIDIA CEO Jensen Huang pointed to accelerating global demand and unveiled a US$60 billion buyback program to reassure investors. “All in…

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Crypto Market Update: Stablecoins Top US$283 Billion in Circulation, Bitcoin Decline Continues

Here’s a quick recap of the crypto landscape for Friday (August 29) as of 9:00 p.m. (UTC). Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news. Bitcoin and Ethereum price update Bitcoin (BTC) was priced at US$108,292, a 3.2 percent decrease in 24 hours. It opened at its highest valuation of the day, US$110,473. Its lowest valuation today was US$108,107. Bitcoin price performance, August 29, 2025. Chart via TradingView. Bitcoin’s slip below the US$110,000 threshold stoked fears of a broader crypto market correction on Friday as liquidations doubled, the US Federal Reserve’s preferred inflation gauge showed persistent price pressures, and Bitcoin flashed a potential risk pattern. Analysts warned the token could be edging toward bear market territory. According to analyst Rekt Capital, BTC needs to regain US$114,000 as support to prevent an extended correction period. Adding to volatility, a long-dormant Bitcoin…

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Spirit Airlines files for Chapter 11 bankruptcy protection for the second time in a year

Spirit Airlines on Friday filed for bankruptcy protection, just months after the budget carrier failed to secure better financial footing when it came out of Chapter 11 protection in March. The Dania Beach, Florida-based airline said under this bankruptcy, it will reduce its network and shrink its fleet, cuts that it said will reduce costs by “hundreds of millions of dollars” a year. In a release, Spirit said guests can continue to book, travel and use tickets, credits and loyalty points. Wages and benefits will continue to be paid and honored, including contractors, it said. Spirit intends to pay vendors and suppliers for goods and services provided on or after the filing date in the ordinary course. “Since emerging from our previous restructuring, which was targeted exclusively on reducing Spirit’s funded debt and raising equity capital, it has become clear that there is much more work to be done and…

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Editor’s Picks: Gold Price Breaks US$3,400, Silver Added to Draft US Critical Minerals List

The gold price was on the rise this week, breaking through US$3,400 per ounce once again. It’s been pushed higher by US dollar weakness, as well as Federal Reserve turmoil. President Donald Trump has been pressuring Fed Chair Jerome Powell to cut interest rates for months, and on Monday (August 25) the situation developed further when Trump posted a letter on his social media platform Truth Social. In it, he said he was removing Lisa Cook from her position on the central bank’s board of governors due to allegations of mortgage fraud. Cook, who has been voting to hold rates steady, was due to serve until 2038; she has now filed a lawsuit asking for Trump’s order to be declared ‘unlawful and void.’ The move has spurred questions about whether Trump can actually fire her — while the Federal Reserve Act doesn’t allow him to remove Fed officials at will,…

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