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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…

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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…

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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…

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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,…

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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…

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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…

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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…

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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…

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