Amazon loses court fight to suspend EU tech rules’ ad clause
By Foo Yun Chee and Inti Landauro BRUSSELS (Reuters) -Amazon on Wednesday lost its fight to suspend a requirement regarding…
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Visa, Mastercard reach $30 billion settlement over credit card fees
By Jonathan Stempel NEW YORK (Reuters) -Visa and Mastercard reached an estimated $30 billion settlement to limit credit and debit…
Boeing CEO Dave Calhoun to step down in shakeup amid safety crisis
By David Shepardson and Allison Lampert (Reuters) – Boeing CEO Dave Calhoun will step down by year-end in a broad…
Boeing’s ongoing 737 MAX crisis
(Reuters) -Boeing CEO Dave Calhoun will step down by the end of the year, following the planemaker’s ongoing safety crisis…
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…
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,…
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…
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…