Australia’s antitrust watchdog will be strengthened with a special branch to oversee the market power of U.S. technology giants Facebook and Google under sweeping regulatory reforms proposed by the government on Friday.
SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured memoranda of understanding (MOU) for about $108 billion from companies including Apple Inc and Microsoft Corp .
Chinese authorities suspect U.S. package delivery company FedEx Corp violated the law by not making shipments of goods from the tech company Huawei to their recipients, the Xinhua state news agency reported on Friday.
A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG’s glyphosate-based weed killer Roundup for their cancer to $86.7 million.
The U.S. government will pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16 billion, officials said on Thursday, with farmers in the South poised to see higher rates than in the Midwest.
Alphabet Inc shares rose about 8% after the company reported quarterly results that eased investors’ concerns about growth challenges facing its Google advertising business.
Asian share prices opened a tad lower on Friday on mixed U.S. earnings reports and the euro held above two-year lows struck overnight after the European Central Bank held interest rates steady, though officials said a cut was certain in September.
SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in AI technology, saying it has secured memoranda of understandings (MOUs) for about $108 billion from companies including Apple and Microsoft .
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to China’s Huawei Technologies Co Ltd.
Warren Buffett’s Berkshire Hathaway has raised its stake in Bank of America Corp , the company said in a regulatory filing on Thursday.
Starbucks Corp attracted more customers in the latest quarter on an expanded line up of beverages and food offerings in the United States and China, leading the coffee chain to raise its fiscal 2019 profit forecast.
Alphabet Inc shares rose 9% after the company reported quarterly results that eased investors’ concerns about the growth challenges facing its Google advertising business.
Mattel Inc saw a big boost in demand for its action figures after the worldwide success of the latest “Toy Story” movie while a Barbie makeover lifted sales of the iconic doll, helping it report a surprise rise in quarterly revenue.
Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to Huawei Technologies Co Ltd.
The South African unit of cigarette maker Philip Morris International Inc opened its first flagship store in Johannesburg on Thursday, as it tries to grow demand in Africa for its alternative heated tobacco product IQOS.
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