In a significant move, Ant Group has agreed to purchase a 50.55% stake in Bright Smart for HK$2.81 billion, causing the latter’s shares to soar by nearly 64%. This investment aims to enhance Ant's overseas operations amid regulatory challenges.
In a pivotal ruling, Judge Leonie Brinkema found Google liable for maintaining monopoly power in ad markets. As the tech giant plans to appeal, the future of its ad business hangs in the balance.
In a surprising move, the Trump administration has disbanded the National Cryptocurrency Enforcement Team, shifting focus away from crypto regulation. This decision raises concerns among critics, especially regarding its potential impact on investors and the future of digital finance in the U.S.
Zen Honeycutt's advocacy group, Moms Across America, gains traction as President Trump appoints Robert F. Kennedy Jr. to lead health regulations, sparking debate over food safety after alarming findings in Girl Scout cookies.
Justin Sun, the controversial crypto entrepreneur, has invested $400 million in Donald Trump’s World Liberty Financial, raising eyebrows and igniting a buying frenzy. As he aims to expand his Tron platform and create a global payment system, questions about ethics and regulatory scrutiny loom large.
The Supreme Court is set to hear a pivotal case regarding the $8 billion spent annually to subsidize phone and internet services, impacting millions of Americans. A conservative group challenges the constitutionality of the funding method, raising questions about federal regulatory power and the future of telecommunications subsidies.
Apple's latest iOS 18.4 update brings new features to the EU, including Apple Intelligence support, but iPhone Mirroring remains unavailable due to regulatory issues. Discover what’s new and what’s missing in this update!
President Trump dismisses the only two Democratic FTC commissioners, claiming executive authority. This controversial move raises questions about the agency's independence and ongoing tech investigations.
Discover the significance of Humphrey's Executor in light of Trump's recent firings at the FTC. What does this mean for markets and regulatory oversight? Find out now!
Former FTC officials decry illegal firings by Trump, claiming violations of Supreme Court precedent. The fallout raises questions about presidential power and the independence of regulatory agencies.