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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...
...Wellhub’s most recent funding round last year raised $85mn from investors led by EQT Growth, an arm of the European private equity giant, giving it a valuation of $2.4bn....
...A dramatic break-up between Microsoft and China’s gaming giant NetEase last year ended a nearly 15-year-long partnership. It affected not just investors but millions of China’s gamers....
...CBOE’s BZX equities exchange features in the second chart because of just one stock, CBOE Global Markets Inc. None of this constitutes a scoop, we’ll be honest, but it’s a Friday....
...The adoption of the EU’s Digital Markets Act, which came into force this week, amounts to a giant experiment in government micromanagement of everything from Apple’s App Store to the Google search engine...
...The US military said the Houthis fired an anti-ship ballistic missile at the Gibraltar Eagle, which is owned by Connecticut-based Eagle Bulk Shipping, at 4pm local time....
...A version of this article was first published by Nikkei Asia on March 11. ©2024 Nikkei Inc. All rights reserved....
...It has also prompted lawmakers in both red and blue states to introduce so-called “Taylor Swift” bills aimed at reining in the ticketing giant....
...Amid New Orleans festivities, rainmakers wonder if the party is over for Delaware Delaware, Inc. may be the enterprise now under the most intense activist threat....
...Google chief executive Sundar Pichai has shaken up the tech giant’s top ranks and structure to speed up its development and rollout of artificial intelligence products, after facing criticism for falling...
...has recommended that Disney’s investors support Nelson Peltz’s pitch for a seat on its board of directors, breathing life into the billionaire activist’s struggling campaign ahead of the entertainment giant...
The streaming giant has avoided pricey live programming but is betting fans will migrate to the pay-platform
Plus, the Body Shop faces a financial cleanse and Japan inks a giant semiconductor deal
...The US giant faces resurgent competition from rival Huawei in the premium segment and a state crackdown on the use of its devices by government employees....
Regulators in Washington and the EU have tech giant in their crosshairs at particularly challenging time
...The company has been working with the pharmaceutical giant GSK, focusing on immuno-oncology drugs....
...West coast editor Richard Waters says the magnitude of the EU’s giant test in micromanagement is hard to overstate....
...But there is a strategy behind the Chinese electric vehicle giant’s move to widen its range of offerings — not only by price point but also by fuel type....
...Critics and rivals, including Epic, have argued the tech giant’s plans to also introduce new fees for developers seeking to launch or use rival app stores will stymie competition and should provoke EU regulators...
...The ecommerce giant spent $83.5bn on shipping in 2022 and wants to have less dependence on third party carriers....
AI could be a game-changer for many of the tech giants
...In comparable decisions, Google has been fined roughly a total of €8bn over a decade for infringements of antitrust law although the search giant is contesting the penalties in court....
...But in the past decade the tech giant has struggled, while competitors such as Alibaba and Tencent have soared ahead....
...It’s a classic case of how tech giants use network power to maintain monopolies in ways that reduce innovation (Apple of course says all this is nonsense)....
Tech giant seeks to comply with European law with approval for iPhone apps to be downloaded from developers’ websites
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