Google, Apple breakups on the agenda as global regulators target tech
By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) -Big Tech is facing its biggest challenge in decades as antitrust…
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China blocks use of Intel and AMD chips in government computers, FT reports
(Reuters) -China has introduced guidelines to phase out U.S. microprocessors from Intel and AMD from government personal computers and servers,…
China plans new rules on market access, data flows Premier Li tells global CEOs
BEIJING (Reuters) -China will carefully study issues of market access and cross-border data flows and will soon issue new regulations…
President Biden signs $1.2 trillion US spending bill
By Richard Cowan, David Morgan and Makini Brice WASHINGTON (Reuters) – President Joe Biden on Saturday signed into law a…
Biden signs $1.2 trillion funding package, averting government shutdown
WASHINGTON (Reuters) – President Joe Biden on Saturday signed into law a $1.2 trillion budget bill to keep the U.S….
Disney criticizes Peltz remarks about casting of ‘Black Panther,’ ‘The Marvels’
By Dawn Chmielewski (Reuters) – Walt Disney Co on Friday said that remarks by activist investor Nelson Peltz criticizing the…
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
By Mike Scarcella (Reuters) – The U.S. government’s antitrust lawsuit against Apple draws on the watershed 1998 case that broke…
Meta Platforms must face advertisers’ class action, US appeals court says
By Jonathan Stempel (Reuters) -A divided U.S. appeals court said Meta Platforms must face a class action by advertisers that…
FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%
By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit forecast on Thursday, raising the bottom end…
Lululemon warns of slowing North America sales as spending falters
By Annett Mary Manoj (Reuters) -Lululemon Athletica forecast annual revenue and profit below expectations on Thursday as demand wanes for…