Coca-Cola expects some or all of the $6 billion in back taxes to be refunded if it wins an appeal on the court's decision.
Legal & Regulatory
New EU DORA Law Requires Banks to Strengthen IT Security and Manage Third-Party Risks by 2025
By January 2025, the EU's Digital Operational Resilience Act (DORA) will enforce stringent IT security standards for banks and their technology suppliers to boost cyber resilience and manage third-party risks.
Australia Orders to End Work-From-Home Setup for Public Servants; Citing Need for Physical Presence
New South Wales, Australia, has mandated that all public employees return to office work starting August 6, reversing remote work policies due to debate on its impact on staffing and business activity.
Google Could Be Split Up After US Judge Found Illegal Monopoly Search
A US judge ruled that Google operates an illegal monopoly, controlling 90% of online searches and 95% of mobile searches, which may lead to a breakup of its parent company, Alphabet.
Google Loses Antitrust Lawsuit Over Market Dominance, Here’s How Other Tech Companies Stand
The ruling could force Google to allow users to choose which search engine to use. A federal judge on Monday ruled that Alphabet's Google broke antitrust laws and held an illegal monopoly in the United States in a landmark ruling against the tech giant.
Latest News
Despite its conservative stance, Thailand is pushing to legalize casinos to boost tourism and attract foreign investment, with major global casino operators like MGM showing interest.
China's new laws, effective September 1, will ease hiring criteria for veterans, provide job preferences, and support entrepreneurship, vocational training, and higher education to improve their transition to civilian life.
The U.S. Department of Justice has launched an antitrust investigation into Nvidia for allegedly misusing its dominant position in the AI chip market to unfairly disadvantage competitors, following a push from competitors, groups, and even the Senate.
Turkey blocked 50 million Turkish users' access to Instagram, reportedly in response to the platform removing posts about the death of Hamas leader Ismail Haniyeh.
Compared to previous versions of the games, there seemed to be a crisis the Paris Olympics is facing on promoting the competitions, the general preparations and contingencies the French government is facing, and the moral integrity of the global athletic system.
The person behind the social media handle DogPack404, only identified as Dawson, has been issued two cease and desist orders from MrBeast, the social media brand headed by embattled YouTuber Jimmy Donaldson, after accusations of fraudulent practices.
Ex-CNN anchor Don Lemon filed a lawsuit against Elon Musk and X, alleging breach of contract and reputational damage after the platform canceled their partnership despite prior agreements and promises.
Qihoo 360 claims its recent U.S. sanctions are due to its discovery of CIA and NSA spying on China and its role in strengthening Chinese cybersecurity.
Nvidia faces calls from U.S. progressive groups and Senator Elizabeth Warren for a DOJ investigation into its potential anticompetitive practices amid its dominant position in the AI chip market.
