Covid Regulations, China’s Crackdown On Alibaba And Others Are Taking Toll On Its Tech Workers – Read How
Chinese tech workers are facing a tough time landing a job that is coming after a significant pay cut, the Financial Times reports.
Elon Musk’s Boring Company Found Flouting Permitting Requirements In Texas: Report
Elon Musk shifted his base from California to Texas late last year and it now appears that his Boring Company is engaged in a feud with the local authorities in Texas.
Cosmetics Maker Revlon Files For Bankruptcy
Cosmetics brand Revlon Inc (NYSE:REV) has filed for bankruptcy under Chapter 11 after facing heavy debt. It has filed voluntary petitions for…
McDonald’s Settles French Tax Case For $1.3B: WSJ
McDonald’s Corp (NYSE:MCD) has agreed to settle a tax dispute in France by paying about $1.3 billion in fines…
Over 100 CEOs Including Alphabet, Amazon, Microsoft Press For China Competition Bill
A broad coalition of 123 CEOs and senior executives representing major sectors of the American economy and millions…
Qualcomm Wins EU Antitrust Lawsuit Which Has An Apple Connection
Qualcomm Inc (NASDAQ:QCOM) clinched victory against a €997 million ($1.05 billion) penalty slapped by EU antitrust regulators, Reuters reports. The…
iQIYI Shares Trade Lower On Reports Of Possible Stake Sale
Baidu, Inc (NASDAQ:BIDU) is exploring selling its controlling stake in iQIYI, Inc (NASDAQ:IQ) at a potential valuation of ~$7 billion, Reuters reports.…
Joe Biden Could Ease Trump-Era Tariffs On China To Tame Inflation
President Joe Biden is considering rolling back some tariffs imposed on Chinese goods during the term of former President Donald Trump as the United States grapples with inflation.
Amazon Asked To Pay $25M Fine To Future Group In India
In a blow to U.S. e-commerce giant Amazon Inc (NASDAQ: AMZN), the National Company Law Appellate Tribunal (NCLAT) of India upheld the competition watchdog's order suspending approval of the investment deal between Amazon and a Future Group firm dating back to 2019.