Visa, Mastercard $30 billion swipe fee settlement rejected by US judge
A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees…
OpenAI’s China Block to Reshape AI Scene as Big Players Pounce
OpenAI’s abrupt move to ban access to its services in China is setting the scene for an industry shakeup, as…
Nvidia Sees Record $500 Billion Value Loss in 3 Days
Nvidia’s Jensen Huang is beginning to learn the meaning of the expression, “The higher they rise, the harder the fall.”…
Boeing offers to buy Spirit Aero for $35/shr
Boeing has offered to acquire Spirit AeroSystems in a deal funded mostly by stock that values its 737 fuselage supplier…
Oracle Warns About TikTok Ban. Why Cloud Business Could Take A Hit.
Oracle (ORCL) is warning investors that it could take a hit if TikTok is banned in the U.S. Oracle stock…
Oil Holds Near Eight-Week High on Escalating Political Tensions
Oil was steady near its highest close in eight weeks amid simmering geopolitical tensions from Yemen to Russia. Brent crude…
Nvidia’s 13% Stock Rout Has Traders Scouring Charts for Support
Nvidia Corp.’s three-day, $430 billion selloff has traders turning to technical analysis for clues on where the bottom may be.…
PepsiCo to waive clause in bottling deal as Carlsberg eyes $3.9 billion Britvic bid
Carlsberg (CARL.VI) said on Monday that PepsiCo (PEP)has agreed to waive a clause in its bottling deal with Britvic, (B6S.F)…
Netflix flirts with all-time highs as investors cheer ad momentum, foray into live sports
Netflix (NFLX) is closing in on the all-time high it set in November 2021 as investors applaud the company’s foray…
Apple’s App Store rules breach EU tech rules, EU regulators say
Apple’s App Store rules breach EU tech rules because they prevent app developers from steering consumers to alternative offers, EU…