NEW DELHI (Reuters) -India’s antitrust body has turned down a request from Apple to put a hold on an investigation report which found the company breached competition laws, allowing the case to continue, an internal order from the regulator seen (…)
WASHINGTON (Reuters) – The United Parcel Service will pay up to a $45 million penalty for improperly valuing a business unit, the U.S. Securities and Exchange Commission (SEC) said on Friday. The SEC said UPS misrepresented “its earnings because it (…)
(Reuters) -A federal judge on Friday rejected the U.S. Securities and Exchange Commission’s request to sanction Elon Musk after he failed to appear for court-ordered testimony for the regulator’s probe into his $44 billion takeover of Twitter. U.S. District Judge (…)
(Reuters) -The U.S. Department of Justice made its final argument on Monday that Google illegally dominated online advertising technology, seeking a second antitrust win against the company. The closing arguments in Alexandria, Virginia, cap a 15-day trial held in September (…)
WASHINGTON (Reuters) -A group representing major electric vehicle and battery manufacturers on Friday urged President-elect Donald Trump not to kill tax credits for electric vehicle sales and production, citing the impact on key states that voted for the Republican. The (…)
(Reuters) -Goldman Sachs said on Monday it is looking to spin out a blockchain-based technology platform designed to streamline institutional trading and reduce settlement times. The Wall Street titan said the platform, called GS DAP, will ultimately become “industry-owned.” It (…)
NEW YORK (Reuters Breakingviews) -Nvidia is making so much money that founder Jensen Huang doesn’t know what to do with it all. The $3.6 trillion chip designer is spending more on dividends and buybacks, but its cash pile is still (…)
(Reuteres) The U.S. Department of Justice will ask a judge to force Alphabet’s Google to sell off its Chrome internet browser, Bloomberg News reported on Monday (November 18), citing people familiar with the plans. Gabe Singer reports. The U.S. Department (…)
(Reuters) – Law firms enjoyed near-record profits in the third quarter of 2024 with an 11.2% increase compared with the same time last year, a new analysis of firm financial data has found. Higher lawyer productivity, strong billing rates and (…)
(WESTLAW) A domain investor who paid $10,000 for the lambo.com domain name is appealing a federal judge’s decision to recognize the maker of Lamborghini luxury cars as its rightful holder. Blair v. Automobili Lamborghini SpA, No. 22-cv-1439, notice of appeal filed (D. Ariz. Nov. 8, 2024). Richard (…)