Amazon wins injunction against New York labor law
A federal judge on Wednesday granted Amazon.com (AMZN.O), opens new tab a preliminary injunction to block the New York State Public Employment Relations Board from enforcing a new state law…
Google ditches EU antitrust complaint about Microsoft cloud amid EU probe
Alphabet's Google on Friday dropped its EU antitrust complaint about rival Microsoft's cloud computing practices, a week after EU regulators launched an investigation to see if Microsoft should be subject…
Airbus limits cold-weather takeoffs with Pratt & Whitney engines
Airbus is restricting operations in extreme cold for some aircraft equipped with Pratt & Whitney engines, an Airbus spokesperson said on Friday, confirming an earlier report by industry publication aeroTELEGRAPH.…
Alibaba starts selling Quark AI glasses in China
Alibaba released on Thursday its new Quark artificial intelligence glasses in China, heralding the Chinese tech company's efforts to break into the AI wearables market dominated by Meta. Prices will…
JPMorgan to build multi-billion pound tower in London’s Canary Wharf
JPMorgan Chase & Co will build a tower in London's Canary Wharf financial district, unveiling plans on Thursday to invest billions of pounds on the heels of a budget that…
BYD recalls 88,981 plug-in hybrids over a potential battery-related safety hazard
BYD will immediately recall 88,981 plug-in hybrids over a potential battery-related safety hazard, China's market regulator said in a notice on Friday, weeks after the electric vehicle maker's largest recall…
Workers strike on Black Friday at Amazon warehouses in Germany
Workers went on strike at Amazon warehouses in Germany on Black Friday aiming to disrupt operations on a key sales day as they push for a collective bargaining agreement, with…
US group sues Apple over Congo conflict minerals
A U.S.-based advocacy group has filed a lawsuit in Washington accusing Apple of using minerals linked to conflict and human rights abuses in the Democratic Republic of Congo and Rwanda…
Tether’s stablecoin downgraded to ‘weak’ in S&P assessment
S&P Global has downgraded its rating of the world's largest stablecoin, Tether, citing an increase in higher-risk assets in the cryptocurrency's reserves and "persistent gaps in disclosure", the ratings agency…
Grindr’s majority shareholders scrap $3.46 billion take-private bid
Grindr's majority shareholders Ray Zage and James Lu have withdrawn their $3.46 billion offer to take the dating app private, the bidders said on Wednesday.