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latest news in companies

European Fintech Multitude Group Posts Major Profit Growth for 2025

Helsinki, Thursday, 26 March 2026.
European fintech Multitude Group achieved a remarkable 31.7 percent net profit surge to EUR 26.6 million in 2025, fueled by a 15.4 percent drop in credit losses.

Meta and Google Found Liable in Historic Youth Social Media Addiction Trial

Los Angeles, Wednesday, 25 March 2026.
Likened to tech’s ‘Big Tobacco’ moment, a landmark jury verdict orders Meta and Google to pay $6 million for fueling youth addiction, threatening to upend current platform designs.

Alphabet Shares Decline Sharply as Soaring Energy Costs Threaten Artificial Intelligence Operations

New York, Wednesday, 25 March 2026.
Alphabet stock has dropped nearly 15 percent from recent highs, driven by surging global energy prices that threaten the profitability of its massive artificial intelligence data centers.

Boston Scientific Faces Class Action Lawsuit Over Misleading Growth Projections

Marlborough, Wednesday, 25 March 2026.
Boston Scientific faces a class action lawsuit for allegedly hiding unsustainable growth rates, a revelation that previously triggered a massive 17.6% stock drop and erased significant investor value.

Twin Vee Marks Production Milestone with First Bahama Boat Delivery

Fort Pierce, Wednesday, 25 March 2026.
Just a day after securing a $2.5 million capital raise, Twin Vee successfully delivered its first 10.6-meter Bahama vessel, proving its operational strength in the competitive marine market.

Meta Faces $375 Million Penalty After Landmark Child Safety Verdict in New Mexico

Santa Fe, Wednesday, 25 March 2026.
Meta must pay a historic $375 million after a New Mexico jury found executives knowingly ignored internal warnings, exposing young users to predators to protect engagement-driven profits.

Blackstone Makes Inaugural Sports Investment with $1.78 Billion Acquisition of Royal Challengers Bengaluru

Bengaluru, Wednesday, 25 March 2026.
Marking its first professional sports investment, Blackstone led a consortium to buy defending cricket champions Royal Challengers Bengaluru for $1.78 billion, underscoring skyrocketing international franchise valuations.

Stephen Colbert Tapped to Co-Write Next 'Lord of the Rings' Film

Burbank, Wednesday, 25 March 2026.
Departing late-night host Stephen Colbert will co-write the next Lord of the Rings film, adapting previously unused Tolkien chapters to uncover secrets fourteen years after Frodo’s departure.

SpaceX Prepares to File for Historic $75 Billion Public Offering

Hawthorne, Wednesday, 25 March 2026.
SpaceX is preparing to file a historic public offering this week. Seeking a record $75 billion, the landmark listing may allocate an unusually high 20% to everyday investors.

Investor Alert: Rosen Law Firm Targets Atara Biotherapeutics and Hitek Global in New Lawsuits

New York, Thursday, 26 March 2026.
On March 25, 2026, Rosen Law Firm alerted shareholders of Atara Biotherapeutics and Hitek Global to pending legal actions involving allegedly misleading corporate disclosures that severely impacted investor value.