Category Archives:
Explainer-Why has France banned sales of Apple’s iPhone 12?
By Jennifer Rigby and Martin Coulter LONDON (Reuters) - France's radiation watchdog has banned sales of Apple's iPhone 12 after tests that it said showed the smartphone breached European radiation exp...
Syndicated Content Sep 13, 2023
SpaceX’s Starlink falls short of growth expectations despite revenue surge – WSJ
(Reuters) - SpaceX's satellite internet venture Starlink posted a more than six-fold surge in revenue last year to $1.4 billion, but fell short of targets set by CEO Elon Musk, the Wall Street Journal...
Syndicated Content Sep 13, 2023
Delta, United must face class action over US airfares
By Jonathan Stempel (Reuters) - Delta Air Lines and United Airlines were ordered by a federal judge to face a consumer antitrust class action accusing major U.S. carriers of conspiring to drive up dom...
Syndicated Content Sep 13, 2023
US presses on with fight against Google’s search and advertising clout
WASHINGTON (Reuters) - The Justice Department began questioning a former Google executive about billion-dollar deals with mobile carriers and others that helped keep Google the default search engine, ...
Syndicated Content Sep 13, 2023
Germany’s Buch picked for top ECB supervision role
FRANKFURT (Reuters) -Germany's Claudia Buch was picked on Wednesday to head the European Central Bank's supervisory arm, overseeing a 26 trillion euro banking sector that must now adjust to a new era ...
Syndicated Content Sep 13, 2023
EY rolls out AI-powered platform after $1.4 billion tech investment
(Reuters) - Professional services firm EY said on Wednesday it has invested $1.4 billion in artificial intelligence and was rolling out a platform offering AI-powered versions of its consulting produc...
Syndicated Content Sep 13, 2023
Fed’s Jefferson sworn in as new vice chair
(Reuters) - Philip Jefferson on Wednesday took the oath of office as the Federal Reserve Board's new vice chair, the U.S. central bank said. Also sworn in on Wednesday, the Fed said, were Fed Governor...
Syndicated Content Sep 13, 2023
Billionaire Ron Baron owns over $1 billion stake in Musk’s SpaceX – CNBC
(Reuters) - Billionaire investor and fund manager Ron Baron said on Wednesday he owned more than $1 billion worth of shares in Elon Musk's rocket company SpaceX, in an interview to CNBC. "We're one of...
Syndicated Content Sep 13, 2023
UBQ Materials raises $70 million in private funding round
JERUSALEM (Reuters) - Israel's UBQ Materials, which converts household waste into thermoplastic material, said on Wednesday it raised $70 million in a private funding round led by Eden Partners. Exist...
Syndicated Content Sep 13, 2023
China watchdog fines Tencent over illegal content on its messaging platform
BEIJING (Reuters) - China's cyberspace regulator has imposed a fine of 1 million yuan ($137,390.95) on Tencent Holdings due to what it said was illegal and pornographic information on its messaging pl...
Syndicated Content Sep 13, 2023
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