Uncategorized Amazon loses court fight to suspend EU tech rules’ ad clause The Cheap InvestorMarch 27, 2024March 27, 20240 By Foo Yun Chee and Inti Landauro BRUSSELS (Reuters) -Amazon on Wednesday lost its fight to suspend a requirement regarding…
Uncategorized Visa, Mastercard reach $30 billion settlement over credit card fees The Cheap InvestorMarch 27, 2024March 27, 20240 By Jonathan Stempel NEW YORK (Reuters) -Visa and Mastercard reached an estimated $30 billion settlement to limit credit and debit…
Uncategorized Boeing CEO Dave Calhoun to step down in shakeup amid safety crisis The Cheap InvestorMarch 25, 2024March 25, 20240 By David Shepardson and Allison Lampert (Reuters) – Boeing CEO Dave Calhoun will step down by year-end in a broad…
Uncategorized Boeing’s ongoing 737 MAX crisis The Cheap InvestorMarch 25, 2024March 25, 20240 (Reuters) -Boeing CEO Dave Calhoun will step down by the end of the year, following the planemaker’s ongoing safety crisis…
Uncategorized Google, Apple breakups on the agenda as global regulators target tech The Cheap InvestorMarch 25, 2024March 25, 20240 By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) -Big Tech is facing its biggest challenge in decades as antitrust…
Uncategorized China blocks use of Intel and AMD chips in government computers, FT reports The Cheap InvestorMarch 24, 2024March 24, 20240 (Reuters) -China has introduced guidelines to phase out U.S. microprocessors from Intel and AMD from government personal computers and servers,…
Uncategorized President Biden signs $1.2 trillion US spending bill The Cheap InvestorMarch 23, 2024March 23, 20240 By Richard Cowan, David Morgan and Makini Brice WASHINGTON (Reuters) – President Joe Biden on Saturday signed into law a…
Uncategorized Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed The Cheap InvestorMarch 22, 2024March 23, 20240 By Mike Scarcella (Reuters) – The U.S. government’s antitrust lawsuit against Apple draws on the watershed 1998 case that broke…
Uncategorized Meta Platforms must face advertisers’ class action, US appeals court says The Cheap InvestorMarch 21, 2024March 21, 20240 By Jonathan Stempel (Reuters) -A divided U.S. appeals court said Meta Platforms must face a class action by advertisers that…
Uncategorized FedEx tightens 2024 profit forecast on cost cuts, shares jump 13% The Cheap InvestorMarch 21, 2024March 21, 20240 By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit forecast on Thursday, raising the bottom end…