July 26, 2019

Factbox: How Australia plans to curb Facebook and Google’s market power

The Australian Competition and Consumer Commission has found, after an 18-month investigation, that Google and Facebook hold enormous power in the country’s online advertising and news […]
July 26, 2019

Canada’s new cannabis licensing favors richer companies, experts say

A new licensing process for legal cannabis producers in Canada limits the ability of smaller companies to attract investment, which could leave the fledgling industry dominated […]
July 26, 2019

In Roundup case, U.S. judge cuts $2 billion verdict against Bayer to $86 million

A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG’s glyphosate-based weed killer Roundup for […]
July 26, 2019

U.S. economic growth seen slowing in second quarter

The U.S. economy likely grew at its slowest pace in more than two years in the second quarter as an acceleration in consumer spending was probably […]
July 26, 2019

Australia to set up antitrust office to police Facebook, Google

Australia said it would establish the world’s first dedicated office within an antitrust regulator to police Facebook Inc and Google , setting a precedent for global […]
July 26, 2019

Australian regulator to get unit specializing in tech companies

Australia’s antitrust watchdog will be strengthened with a special branch to oversee the market power of U.S. technology giants Facebook and Google under sweeping regulatory reforms […]
July 26, 2019

SoftBank Group announces new $108 billion Vision Fund, broadens investor base

SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured memoranda of understanding (MOU) for about […]
July 25, 2019

Intel eases chip demand concerns with raised forecast, shares gain

Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and […]
July 25, 2019

Alphabet second-quarter revenue beats estimates; shares soar

Alphabet Inc reported quarterly revenue and earnings that beat expectations on Thursday, easing concerns about the short-term growth challenges facing Google, YouTube and the company’s other […]
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