Starbucks shares soared Wednesday after the coffee giant reported better-than-expected quarterly revenue and profit and raised its financial outlook for the year.

GENEVA (AP) – FIFA President Gianni Infantino’s plan to sell stakes in the World Cup to private equity investors was hit hard Thursday by his former colleagues at UEFA, who agreed to boycott all the global soccer body’s competitions in protest.

Editorials from The New York Times, The Washington Post, The Wall Street Journal and others

Federal regulators are clearing the way for robotaxis to operate without steering wheels or eventually even brake pedals as the rules start to catch up to the evolving technology.

SEOUL, South Korea (AP) – South Korean technology giant Samsung Electronics on Thursday reported a record operating profit of 89.5 trillion won ($62 billion) for the April-June period, a day after crosstown rival SK Hynix also reported record earnings, as the world’s two largest memory chipmakers continue to ride the global artificial intelligence boom.

Meta Platforms said Wednesday its second-quarter profit declined even as revenue beat Wall Street’s expectations, as legal expenses and severance costs for recent layoffs weighed on its results. The Facebook and Instagram parent company earned $15.85 billion, or $6.18 per share, in the April-June period.

Elon Musk’s company xAI has sued Minnesota over the state’s first-in-the-nation law that bans “nudification” technology on websites and apps, potentially providing a test for how far states can go in constitutionally regulating the use of artificial intelligence.

MELBOURNE, Australia (AP) – Australia’s online safety watchdog has filed legal action against messaging app Telegram, saying the platform failed to remove extremist content including videos of white supremacist mass shootings in Buffalo, New York, and the New Zealand city of Christchurch as well as Islamic State group beheadings.