Italy fines Apple, Amazon $225M in ‘antitrust’ action
By Elisa Italy’s antitrust watchdog has fined Apple and Amazon a total of more than $225 million for cooperating to restrict competition in the sale of Apple and Beats branded …
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Terra Field, Netflix employee critical of Dave Chappelle, resigns, drops complaint
By Steigrad A Netflix employee who spoke out against Dave Chappelle’s controversial stand-up special “The Closer” said she has resigned, capping a volatile period for the streaming giant marked by …
Read MoreUber Eats partners with Tokyo Smoke to offer cannabis orders
By Feuer The online food ordering service announced Monday that its partnering with cannabis retailer Tokyo Smoke to offer online pot orders in Ontario, Canada. Uber Eats will start listing …
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El Salvador to build ‘bitcoin city’ at base of volcano, president says
By Moynihan El Salvador President Nayib Bukele announced the Central American country will now have its very own “bitcoin city.” The country made headlines earlier this year when it became …
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Disney World puts COVID-19 vaccination policy on hold for employees
By Elisa Disney World near Orlando, Florida, operated by Walt Disney Co, has put its COVID-19 vaccination mandate on hold, a spokesperson said on Saturday. The move comes amid the Biden …
Read MoreRoku to develop more than 50 shows over next two years
By Steigrad Roku plans to develop more than 50 original shows over the next two years in a bid to drive more customers to its Roku Channel, according to a …
Read MoreChubb closes deal on lease of 10 floors at Midtown’s 550 Madison Ave.
By Cuozzo Global insurance giant Chubb Group signed a lease on Thursday as the long-awaited first tenant at Olayan Group’s 550 Madison Ave., the landmarked “Chippendale” tower between East 55th …
Read MoreElectric car maker Rivian stalls after red hot market debut
By Elisa Shares of electric vehicle maker Rivian retreated Wednesday, putting brakes on a euphoric rally that has seen it surpass legacy automakers such as General Motors in market capitalization …
Read MoreChina state media release supposed message from missing tennis star Peng Shuai
By Neill China’s state-controlled media on Wednesday released a purported email from tennis star Peng Shuai, who has not been seen since accusing a Communist Party leader of sexual abuse …
Read MoreGeneral Motors revoking heated-seat option due to chip shortage
By Gastelu The automaker has confirmed that it is removing the heated seat option from several 2022 models to help conserve its supply of semiconductor chips for more critical components and increase …
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Elon Musk sells another $700 million in Tesla stock
By Elisa Tesla top boss Elon Musk sold another block of company shares worth about $700 million, filings showed on Friday, as the billionaire takes advantage of a meteoric rally that drove the …
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J&J to split into two companies, severing consumer business behind Band-Aids
By Feuer Health care giant Johnson & Johnson plans to break itself up into two companies, separating its massive consumer business, which makes Band-Aids, Tylenol and its controversial baby powder, …
Read MoreBumble shares plunge 20% as COVID-19 hurts user growth
By Elisa Bumble posted its first sequential decline in user growth since the dating app owner went public in February, as fresh pandemic restrictions crimped demand in some markets, sending shares …
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Elon Musk loses $50 billion in two days as Tesla stock tanks
By Moynihan Elon Musk lost $50 billion over just two days this week after Tesla shares got hammered by the mere suggestion that he might sell some of his stock. …
Read MoreInvestors to take McAfee private in $14B deal
By Garber McAfee Corp. is being taken private by a group of investors in a deal that values the cybersecurity firm at more than $14 billion including debt. A consortium of investors including Advent …
Read MoreTravis Scott is sued over ‘predictable and preventable tragedy’ at Astroworld
By Garger A concertgoer at Friday’s ill-fated Astroworld show in Houston is suing Travis Scott and the event’s organizers over the “predictable and preventable tragedy,” a report says. It’s the …
Read MoreIraqi prime minister survives assassination attempt with drones at his home
By Reilly Embattled Iraqi Prime Minister Mustafa al-Kadhimi survived an assassination attempt that saw armed drones descend on his Baghdad home on Sunday morning, according to Iraqi officials. The attack …
Read MoreSpaceX astronauts forced to wear diapers on ride home due to broken toilet
By Reilly SpaceX astronauts leaving the International Space Station on Sunday will be wearing diapers on the ride back to Earth due to a broken toilet on the company’s flagship …
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JPMorgan’s refusal to increase Hertz bid costs co-investors billions
By Kosman JPMorgan’s refusal to increase its bid for Hertz in a bankruptcy auction this spring – despite pressure from co-investors – now looks like a multi-billion dollar mistake as …
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Facebook will stop using facial recognition system
By Elisa Facebook announced on Tuesday it is shutting down its facial recognition system, which automatically identifies users in photos and videos, citing growing societal concerns about the use of …
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