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...After the revelations, Toyota chair Akio Toyoda said he took “full responsibility” and promised action, adding that he would be attending each of the group companies’ annual meetings to see what measures...
...The Public Company Accounting Oversight Board fined PwC’s Greek business $3mn on Tuesday and levied a $500,000 penalty on KPMG in Japan on Wednesday for failing to meet US standards in their audits of New...
...The company said it would provide more details in Wednesday’s update....
...After reviewing several websites shared by the Financial Times, the company also said it would take appropriate action including possibly removing all ads on the sites....
...The Cfius action comes as the Biden administration steps up scrutiny of China-related investment and prepares to unveil an executive order that would require US companies investing in certain sensitive sectors...
...company Canoo....
...US megadeals are slowly bringing M&A action back If a UK paper and packaging company is at the centre of a bidding war, then M&A must be back....
...The Australian government has threatened action against Meta, the owner of Facebook and Instagram, after the US social media company said it would stop paying local media companies this year for using their...
..., sending expenses to its funds that they managed rather than retaining those expenses at the management company....
...Apple until now was one of the few Big Tech companies to avoid major antitrust action in the US, but, says Rana Foroohar in today’s Swamp Notes newsletter (sign up here), the DoJ move could be the “harbinger...
...serious’, says Morgan Stanley banker (FT) Microsoft, OpenAI and Nvidia back $2.6bn robot start-up (FT) Bidding war for Wincanton drives up UK logistics group shares (FT) Ocado threatens M&S with legal action...
...Users remain in the walled garden of whichever Big Tech company owns the artificial intelligence platform....
...If such assistants are linked to other internet services, they could also become agents, taking action on their users’ behalf....
...Experts say reducing methane emissions is one of the most powerful short-term actions needed to address global warming....
...The US government is also taking legal action against Google’s ad business, accusing it of pushing publishers and advertisers to use the company’s proprietary ad technology products....
...Chief executive Sundar Pichai testified at the trial last month, where he defended Google’s actions. It now falls to the judge in the case to determine what remedies Google should face....
...Grayscale’s bitcoin ETF accounted for about half of the action, according to Bloomberg Intelligence and the company, which said $1bn in trading occurred within 90 minutes of markets opening....
...“The monetisation of sanctioned entities’ websites should be the final straw for the government to take action to clean up this market,” he added....
...Google threatened legal action because Microsoft’s search engine would become the default in the new browser, and users would not be prompted to make a choice....
...ValueAct is the latest to smell blood at Disney Not long after Nelson Peltz’s Trian Partners revived its campaign at Disney and Daniel Loeb’s Third Point began calling for sweeping changes at the company...
...Read on to hear the top highlights from FOAM Europe, or see all of the action here....
...Investors seem unfazed by the lack of clarity (maybe they also have access to the news before it gets published) and are very keen for a slice of the action....
...The second area for action involves interoperability, or the ability of rival companies’ systems to work together....
...The action follows a DMV investigation into the accident, in which a pedestrian on a crosswalk in San Francisco was hit by another vehicle and thrown into the path of one of Cruise’s driverless cars....
...Also, according to Gallant, the judge has shown a propensity for drastic action in antitrust cases, leaving open the potential for stringent sanctions against Google, should it lose....
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