Explainer-What is Nasdaq's special rebalancing and its impact?
By Sruthi Shankar and Medha Singh A "special rebalance" of the Nasdaq 100 index will take place later
2023-07-12 01:16
Microsoft can close its Activision merger, federal judge rules
A federal judge will not block Microsoft from closing its $69 billion deal to acquire video game giant Activision Blizzard, a defeat for US regulators who had asked for a temporary injunction while legal challenges to the merger unfold.
2023-07-11 23:54
India to impose 28% tax on turnover of online gaming firms
By Nikunj Ohri NEW DELHI (Reuters) -India on Tuesday decided to impose a 28% indirect tax on the turnover of
2023-07-11 22:26
Amazon makes first Big Tech challenge to EU online content rules
By Foo Yun Chee BRUSSELS Amazon is challenging its inclusion in a group of companies subject to tough
2023-07-11 22:20
Elizabeth Holmes could be released from prison two years earlier than expected
Disgraced former Theranos CEO Elizabeth Holmes could be out of prison nearly two years earlier than expected, according to the projected release date posted by the Bureau of Prisons.
2023-07-11 22:19
EU looks to take lead in metaverse world, avoid Big Tech dominance
By Foo Yun Chee BRUSSELS The European Commission on Tuesday set out a plan in a bid to
2023-07-11 21:48
Salesforce to raise prices of some cloud products from August
Salesforce will raise prices for some of its cloud and marketing tools by an average 9% from August,
2023-07-11 21:17
Why Amazon's Prime Day is in July
Amazon Prime Day is back again starting Tuesday. But a random couple of days in July does, indeed, feel a bit random. Here's why Amazon made the seemingly nonsensical decision to throw what could be one of its biggest sales days into the middle of the summer.
2023-07-11 19:52
Foxconn pulls out of $19 billion chipmaking project in India
Foxconn says it is exiting an ambitious project to help build one of India's first chip factories.
2023-07-11 16:27
Meta made cuts to election teams ahead of Threads launch, prompting concerns for 2024
Meta has made cuts to its teams that tackle disinformation and coordinated troll and harassment campaigns on its platforms, people with direct knowledge of the situation told CNN, raising concerns ahead of the pivotal 2024 elections in the US and around the world.
2023-07-11 09:51
Rivian options buyers may be helping drive stock higher
By Saqib Iqbal Ahmed NEW YORK Investors are piling into bullish options bets on the shares of Rivian
2023-07-11 04:55
EU seals new US data transfer pact, but challenge likely
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission announced a new data transfer pact with the United States on
2023-07-11 02:56