Industry

President Biden Launches New Task Force Against Big Corporations Laying Out Unfair Prices

The new task force, led jointly by the Federal Trade Commission and the Department of Justice, will combat "unfair and illegal" pricing by big corporations, particularly landlords.


Nintendo And Yuzu Settle $2.4M Piracy Lawsuit, Ending Emulator Support

Yuzu emulator developers settle with Nintendo for $2.4 million, ceasing all operations and deleting software to comply with copyright laws.

EU Exploring Potential Transition of Weapons Industry to ‘War Economy Mode'

The European Commission will propose strengthening the EU's armaments industry and entering "war economy mode" in light of Russia's invasion of Ukraine.

Shopee-Owner Sea Reports Profit of $218.5 Million But Misses Analysts' Expectations

Shopee's parent company, Sea, has reported earnings of S$218.5 million for 2023 but failed to meet analyst estimates.


Latest News

Memecoins are again stealing the spotlight in the crypto market as they soar to unprecedented heights, outshining even Bitcoin's performance.
Hong Kong's SFC issued a warning on the BitForex exchange amid suspected fraud following the exchange's $57 million withdrawal in February.
Huawei's new AI chipset timely coincided with China's export restrictions that limited Nvidia, among other limitations for their chipset productions.
Ethisphere Institute has recognized Sony Group Corporation's ethical business practices for the sixth consecutive year.
Wall Street is alarmed by signs of persistent inflation, fearing a return to stagflation akin to the 1970s and 1980s, prompting caution in asset allocation strategies.
Mandating tech platforms to be responsible for online threats and enacting the 'Kids Online Safety Act' will protect minors from AI-generated deepfake content.
Bitcoin reaches $64,000, thanks to the spot BTC ETF approval. This is its highest record since 2021.
Trader Joe's chicken soup dumplings are possibly contaminated with hard plastic. Here's what FSIS announced.
Saudi Arabia, Russia, and some other key members of the Organization of the Petroleum Exporting Countries Plus (OPEC+) have decided to prolong their voluntary crude supply cuts until June.
After investing in OpenAI, Microsoft's partnership with Mistral AI will help improve its multilingual model comparable to ChatGPT 4, now available on Microsoft Azure.
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