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...US confectionery giant Mondelez will be fined millions of euros as early as next month for restricting sales of its products between EU member states, according to three people with direct knowledge of the...
...The move removes the US games company’s ability to offer titles to Apple mobile users or proceed with launching a competing app store on its rival’s iOS mobile software in Europe....
...But amid the AI excitement, Apple and other large-cap US companies are facing investor pressure over a rather less futuristic issue: labour rights....
...“Anybody working in tech or games right now is worried about lay-offs to some degree, either for themselves or someone they know,” said Autumn Mitchell, a quality assurance tester at Microsoft video game...
...And Peltz could also provide “assurance to other investors that the board is properly engaged this time around”....
...To some extent, this reflects special pleading by the tech companies....
...NetEase and US games rival Microsoft, which bought Activision Blizzard last year, said on Wednesday they would bring Blizzard’s popular titles such as the online role-playing game World of Warcraft back...
...But the company was ultimately unable to get permission to operate locally....
...The pressure is especially high in China, the world’s biggest auto market and the US EV maker’s second-largest market by sales, where competition between local EV makers and foreign carmakers is heating...
...The news, which was first reported by The Wall Street Journal, came as both companies are undergoing an audit by the US Federal Aviation Administration, following a mid-air blowout of a door panel on a 737...
...Finally, shareholders and their proxy advisers have been slow to impose proper accountability on cyber issues on companies, even though US government officials are pressing for this....
...“I will sign this into law immediately to send a message to the world: we stand with our friends, and we won’t let Iran or Russia succeed.”...
...Data from S3 Partners shows TMTG is the third-most expensive US stock to borrow for short sales among companies with more than $25mn of short interest, behind cannabis group Canopy Growth and electric-car...
...As for TikTok’s value as a boon to consumers and businesses, there are many companies that could quickly replace it....
...in the world....
...Netflix has been pushing further into sports-related content, including a $5bn deal to live stream World Wrestling Entertainment’s flagship Raw programme in the US over the next decade....
...However, rather than this being symptomatic of a broad rise in New World enthusiasm for Old World stocks, the evidence again pointed to model portfolio rebalancing....
...Shah Capital now owns 6.7 per cent of Novavax, having first bought into the company in the last quarter of 2022....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. CPI: stuck If three data points make a trend, then US inflation looks stuck at 3 per cent....
...City minister Bim Afolami attempted to provide assurance at the end of January when he said in a statement to MPs that the overseas fund regime would treat European Economic Area regulation as equivalent...
...World-beating US growth, somewhat stubborn inflation and central bankers emphasising patience have meant rate-cut expectations are being curtailed....
...“There is a shift in power among the top five companies, which will probably continue,” said Nabila Popal, research director at IDC....
The flipside to higher rates is people want more for their savings, too
...But is it actually serving to lower companies’ emissions? Yes, according to new research — but only among companies that subject their climate reports to third-party assurance....
...The last threat strikes us as the least important, based on the history of legal challenges against US tech giants....
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