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Business News

Japan Probes into Google’s Smartphone App Practices

The Japan Fair Trade Commission (JFTC), Japan’s competition regulator, has begun looking into claims that Google demanded special privileges from…

Maria Webb
October 23, 2023
Business News

Nokia to Reduce its Workforce by 14,000 Jobs as Part of a Cost-Cutting Plan

The Finnish telecommunications giant Nokia recently released a Q3 earnings report, revealing its figures have sharply plunged. To address the…

Ali Raza
October 19, 2023
Business News

Microsoft’s $68.7B Activision Deal Finally Clears the UK CMA

After an arduous 21-month journey, Microsoft's colossal bid to close a highly anticipated Activision deal, has finally received the nod…

Sam Cooling
October 13, 2023
Business News

Didi’s Autonomous Drive Forward: A $149 Million Boost from Guangzhou’s Municipal Ties

In an industry marked by relentless innovation and capital-intensive projects, Didi Global Inc.'s autonomous driving unit has received a significant…

Sam Cooling
October 12, 2023
Automotive

Stellantis Announces $3.2 Billion EV Battery Plant in Major Win for UAW

Stellantis and Samsung SDI announced plans to invest over $3.2 billion in a new electric vehicle battery plant in Kokomo,…

Henry Stater
October 12, 2023
Business News

Blackstone Eyes Stake in Disney India Subsidiary

Blackstone, the largest alternate investment firm in the world, has initiated early-stage discussions with Walt Disney concerning acquiring a share…

Maria Webb
October 11, 2023
Business News

X’s Revamped Public Interest Policy is Changing the Content Game

X, formerly Twitter, has unveiled a major shift in Public Interest Policy, redefining newsworthiness criteria - dive into Elon Musk's…

Sam Cooling
October 10, 2023
Business News

Activist Investor Nelson Peltz Battles for Disney Board Seats

Activist investor Nelson Peltz has re-engaged with Disney executives in a push for board seats and a change in leadership…

Henry Stater
October 10, 2023
Business News

MGM Resorts to Lose $100 Million After Refusing to Pay Cyberattack Ransom

MGM Resorts announced today that it suffered a severe cyberattack in September that it expects to cost the company $100…

Henry Stater
October 6, 2023
Business News

Netflix’s Struggles in India, Challenged by Prime Video and Disney+ Hotstar

Netflix India is facing increased competition from more than 40 streaming services, but can localized Bollywood productions give it the…

Sam Cooling
October 6, 2023
Business News

Google, AWS, and Microsoft Face UK CMA Investigation Over Lock-In Practices

The U.K.'s bustling £7.5 billion cloud services market has recently been under intense scrutiny, and today, the Competition and Markets…

Sam Cooling
October 5, 2023
Business News