Intel’s $1.45 billion EU antitrust fine is officially history
A €1.06 billion EU antitrust penalty on chipmaker Intel for abuse of dominance dating back to 2009 (when it was…
Huawei Cloud sees fast business growth in South Africa
Huawei Cloud’s business in South Africa has grown fast over the past five years and it plans to launch more…
Zuckerberg Fires Six-Figure Employees Over Abusing Company Food Service
Mark Zuckerberg’s tech giant Meta recently dismissed 24 employees from its Los Angeles office for exploiting the company’s $25 meal…
Apple CEO Cook says company will increase investment in China
Apple CEO Tim Cook said at a meeting with the Chinese government in Beijing that the U.S. company will increase…
Southwest Airlines near deal to avert board battle
Elliott Investment Management and Southwest Airlines (LUV) are close to reaching a settlement that would avert a proxy battle for…
Yen’s Drop to Three-Month Low Reignites Intervention Concern
The yen dropped to its weakest level against the dollar in almost three months, reviving concern that Japanese officials may…
Boeing said it’s lost another $250 million on the Starliner project
Boeing has recorded another $250 million loss on its Starliner program. New CEO Kelly Ortberg said Boeing will not walk…
Gold Climbs to a Fresh Record as Geopolitics Drive Haven Demand
Gold climbed to a fresh record as the approaching US election and conflict in the Middle East boosted haven demand.…
Nvidia Stock Soars: Value of Nancy Pelosi’s 500 Call Options Today
Nvidia Corporation (NASDAQ:NVDA) shares hit all-time highs Monday, continuing the impressive multi-year run of going from a $1 trillion company…
Huawei Technologies’ Latest AI Chips Were Produced by TSMC
An investigation of Huawei Technologies Co.’s latest AI offering has unearthed an advanced processor made by Nvidia Corp. manufacturing partner…