Category: Business

Amazon Ring’s upcoming face recognition tool has the potential to violate the privacy rights of millions of people and could result in Amazon breaking state biometric privacy laws. Ring plans to introduce a feature to its home surveillance cameras called “Familiar Faces,” to identify specific people who come into view of the camera. When turned […]

Meta Platforms has completed a $30 billion bond sale, the fifth-largest high-grade corporate debt deal on record, as it accelerates massive investments in artificial intelligence infrastructure and data capacity. Record-Breaking Financing On 30 October 2025, Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, priced a $30 billion multi-tranche bond offering, making it […]

By Gigi Sohn, Chair, EFF Board of Directors  With the impending departure of longtime, renowned, and beloved Executive Director Cindy Cohn, EFF and leadership advisory firm Russell Reynolds Associates have developed a profile for her successor.  While Cindy is irreplaceable, we hope that everyone who knows and loves EFF will help us find our next […]

It’s not news that Apple and Google use their app stores to shape what apps you can and cannot have on many of your devices. What is new is more governments—including the U.S. government—using legal and extralegal tools to lean on these gatekeepers in order to assert that same control. And rather than resisting, the […]

Sunoco LP has completed its US$9.1 billion acquisition of Canada’s Parkland Corporation, creating the largest independent fuel distributor in the Americas and marking one of the most significant cross-border energy deals of 2025. Deal Completion On 31 October 2025, U.S.-based Sunoco LP officially closed its cash-and-stock acquisition of Parkland Corporation, a Canadian fuel retailer and […]

The study, released on Monday, ahead of G20 meetings taking place later this month in Johannesburg, South Africa, shows that unequal access to housing, healthcare, education and employment leaves millions more exposed to disease. The report launched by UNAIDS – the global body’s agency dedicated to ending AIDS and HIV infection – finds inequality is not only […]

OpenAI has signed a landmark $38 billion agreement with Amazon Web Services (AWS) to secure vast computing power for training and deploying its next generation of artificial intelligence models. The deal marks OpenAI’s first major cloud partnership beyond Microsoft and underscores the escalating global race for AI infrastructure. A Landmark Partnership On 3 November 2025, […]

Berkshire Hathaway’s cash reserves have surged to a record $382 billion after reporting strong third-quarter earnings, underscoring the conglomerate’s conservative financial strategy and the strength of its insurance operations. Record Cash Holdings Berkshire Hathaway, the investment conglomerate led by Warren Buffett, reported that its cash pile climbed to $381.7 billion at the end of the […]

Swiss pharmaceutical giant Novartis has agreed to acquire U.S.-based Avidity Biosciences in a $12 billion all-cash deal, strengthening its late-stage neuroscience pipeline and expanding its presence in RNA-based therapeutics. Strategic Expansion into RNA Therapeutics On 26 October 2025, Novartis AG announced it had entered into a definitive agreement to acquire Avidity Biosciences, a California-based biotech […]

Ford has completed two pension buy-ins worth a combined £4.6 billion with Legal & General, marking the largest UK insurance transaction by value announced in 2025 and securing benefits for more than 35,000 retirees. Landmark Transaction Legal & General Assurance Society Limited (L&G) confirmed on 27 October 2025 that it had finalised two pension buy-in […]