Page 192 - Bloomberg

Uber faces US FTC consumer protection investigation over subscriptions

The FTC is investigating Uber over enrollment and cancellation aspects of the product, according to documents viewed by Bloomberg. The investigation was opened earlier this year

US FTC opens antitrust investigation in several Microsoft businesses

After more than a year of conducting informal interviews with competitors and business partners, antitrust enforcers have crafted a detailed request to force Microsoft to turn over information

Canada premiers urge Trudeau to boost border security amid US tariff threat

Ford was joined by Quebec Premier Francois Legault, Alberta Premier Danielle Smith and Manitoba Premier Wab Kinew, who all made statements demanding stronger action

EV sales' boom in China threatens to push gasoline demand off a cliff

There are still a lot of unknowns about how China's uptake of EVs will play out, such as whether full electrification can ever be achieved

Biden admin readies China's chip curbs that stop short of earlier proposals

The restrictions could be unveiled as soon as next week, said the people, who emphasised that the timing and contours of the rules have changed several times

Google seeks to undo Fortnite-maker Epic Games antitrust win over App Store

Google said in a filing Wednesday that US District Judge James Donato's ruling is mistaken and asked that the outcome of the long-running litigation be set aside

SoftBank plans to buy $1.5 billion worth OpenAI shares from employees

SoftBank contributed $500 million to OpenAI's $6.6 billion fundraising round in October, but had pushed for a larger allocation at the time

Samsung gets first woman CEO outside founding family for 1st time in 86 yrs

In a country where women business leaders have long struggled, Kim Kyung-Ah as president and CEO of Samsung Bioepis Co, is a story likely to inspire the next generation of executives

Donald Trump's trade chief pick advocates 'strategic decoupling' from China

Greer calls for Congress to revoke Beijing's permanent normal trade relations status and impose new, higher tariffs

Imran Khan's supporters end protests after Pakistan govt's crackdown

There is a search operation ongoing and a large number of protesters who started a sit-in in Islamabad to demand Khan's release from jail have been arrested

Japan's top chip distributor Macnica eyes acquisitions in India, China

Yokohama-based company, which often draws comparisons with factory automation provider Keyence Corp., may also conduct acquisitions to expand into other arenas, such as cybersecurity

Jaguar Land Rover now faces competition from its Chinese partner in UK

Chery Automobile Co is preparing to bring its upmarket Jaecoo brand to JLR's home market, where the Chinese carmaker hopes to take on the Range Rover line

Mexico hints at retaliation to Donald Trump's threats of 25% tariffs

Sheinbaum's calls for collaboration instead of hostility reflect delicate balance she has sought to maintain since Trump's victory put her nation on front line of a potential US trade war with China

Vietnamese Mogul Truong Lan told to repay missing billions to save her life

Prosecutors have so far argued against leniency at her hearing in Ho Chi Minh City unless she finds a way to return a significant chunk of the 415.7 trillion dong

Adani, Wilmar delay share sale as US bribery charges hit Adani group

Adani Wilmar Ltd., an equal joint venture between India's Adani Group and the Singapore-based commodity trader, was slated to start the share sale this month to comply with local securities law

Alphabet Inc's arguments draw skepticism from judge in ad tech case

Google's Dunn said that US antitrust law allows the company to decide whether to make its products work with that of competitors

Intel Corp secures $7.9 billion chips award for US factory expansion

Intel will qualify for at least $1 billion this year, a senior administration official said, based on milestones it has already reached

Huawei plans to drop Google's open-source Android tech in gadgets from 2025

The company's new flagship phone, the Mate 70, will debut HarmonyOS Next, the iteration of its operating system that does away with remnants of Android in favor of entirely indigenous tech

Trump tests Xi Jinping's appetite to play ball with early tariff threat

Trump's gambit risks setting in motion a standoff between the world's two biggest economies following an election campaign that already brought fears over a new wave of protectionism

Xiaomi prepares own mobile chip, puts pressure on MediaTek and Qualcomm

The processor may help Xiaomi be more self-sufficient and stand out in an Android market led by Qualcomm customers