Latest in Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
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Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.CNBC - 1d -
Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - 1d -
Microsoft faces £1bn class action case in UK over software prices
It is alleged the tech giant overcharged companies for its Window Server software, used in cloud computing.BBC News - 1d -
Mastercard reaches agreement in UK to settle claims of overcharging on fees
Test case bought on behalf of 46mn credit and debit card customers ends in deal for compensation of about £200mnFinancial Times - 20h -
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Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - 1d -
FIFA Secures $1 Billion Broadcast Deal With DAZN for Club World Cup
An agreement with the London-based streaming company DAZN came just a day before the draw for the inaugural event and after other networks balked at FIFA’s demands.The New York Times - 1h -
Trudeau meets rivals as he seeks united front in face of Trump tariff threat
Canadian government scrambles to ward off tariffs as prime minister briefs politicians on meeting with Trump. Canada’s federal government has redoubled its efforts to ward off potentially ...The Guardian - 1d -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - 1d -
Transcript: Jill Schlesinger on "Face the Nation with Margaret Brennan," Dec. 1, 2024
The following is a transcript of an interview with CBS News business analyst Jill Schlesinger on "Face the Nation with Margaret Brennan" that aired on Dec. 1, 2024.CBS News - 3d -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - 1d -
UK facing ‘widening gap’ in ability to fight cyber threats, warns top agency
Number of incidents at top end of scale of severity tripled last year, including attack that took down London hospitalsFinancial Times - 1d -
FTC Opens Microsoft Antitrust Inquiry
It will fall to the incoming Trump administration to pursue or drop the investigation.Inc. - 1d -
Apple says it uses Amazon's custom AI chips
Apple is currently using Amazon Web Services' custom AI chips for services like searching and will evaluate if its latest AI chip can be used to pre-train its AI models like Apple Intelligence.CNBC - 21h -
Google Cloud launches Veo AI video generator model on Vertex
Unveiled at Google’s I/O developer conference, Veo is Google DeepMind’s response to competitors like Runway’s Gen-3 and OpenAI's Sora.VentureBeat - 21h -
Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - 1d -
Lawsuit Claims Apple Spies on Employees’ Personal Devices
A digital advertising specialist says the tech giant forces people to install software that lets the company track their personal information, while also preventing them from discussing their ...Inc. - 1d -
Alleged North Korea operative uncovered in the U.S.
The Department of Justice has charged a Chinese national for working as a North Korean operative to ship guns and ammunition from the U.S. for a potential attack against South Korea. CBS News' Rob ...CBS News - 22h -
Ex-paddleboard firm owner in court after deaths
Nerys Bethan Lloyd, 39, is charged with gross negligence manslaughter after four people died.BBC News - 1d -
Rail fares to rise despite renationalisation plans
Three rail operators will be renationalised next year but fares are due to go up as outlined in the Budget.BBC News - 6h -
FTC opens Microsoft antitrust investigation that Trump administration must carry on or drop
Antitrust enforcers with the Federal Trade Commission have opened a wide-ranging investigation into Microsoft’s business practices, starting off a big legal project that an incoming Trump ...ABC News - 1d -
Are you a former SmileDirectClub customer? You might be eligible for a refund
When SmileDirectClub shut down a year ago, scores of existing customers of the teeth-straightening company were left in limboABC News - 19h -
5 Things to Change Now to Improve Customer Retention in 2025
Customer success is more than just a team.Inc. - 7h -
Trump Picks Warren Stephens, Billionaire Investment Banker, for U.K. Ambassador
Warren Stephens, an investment banker, gave $2 million in 2016 to a group aiming to block Donald J. Trump’s political rise. More recently, he backed Asa Hutchinson, Chris Christie, Mike Pence and ...The New York Times - 1d -
Man charged for allegedly sending guns, ammo to North Korea
Shenghua Wen, a Chinese national living in California, has been charged by federal law enforcement for allegedly shipping guns and ammunition to North Korea. Prosecutors allege Wen received $2 ...CBS News - 1d -
Supreme Court wrestles with Hungary’s effort to end Holocaust survivor lawsuit
The Supreme Court on Tuesday probed the international consequences of allowing a group of Holocaust survivors and their heirs to leverage U.S. courts to seek compensation from Hungary for ...The Hill - 23h -
Judge to consider first lawsuit to overturn Missouri's near-total abortion ban
The first court arguments over whether Missouri's sweeping abortion restrictions will fall under a new constitutional amendment are set to beginABC News - 7h -
Amazon sued by D.C. AG for allegedly excluding neighborhoods from Prime delivery
Washington, D.C.’s attorney general sued Amazon on Wednesday, accusing the company of covertly depriving residents in certain ZIP codes in the nation’s capital from access to Prime’s high-speed ...NBC News - 3h -
Trump says he will block Japanese firm's takeover of U.S. Steel
President-elect Donald Trump said Monday that he would block a Japanese company’s $15 billion bid to acquire U.S. Steel.NBC News - 1d -
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Audit firms sharpen knives for oversight panel under Trump
Threat to accounting board is greatest since it was created in the wake of the Enron audit scandal, accounting veterans sayFinancial Times - 1d -
Tiger Woods has no firm answers on a deal with Saudis or his future as a player
Tiger Woods doesn't have a clear view of the future, whether that's his playing schedule for the PGA Tour's negotiations with the Saudi funders of LIV GolfABC News - 18h -
Alex Mashinsky: founder of bankrupt crypto firm to plead guilty to fraud
Mashinsky, 59, who led Celsius and was charged last year on seven criminal counts, agrees to plead guilty to two. Alex Mashinsky, the founder of bankrupt cryptocurrency lender Celsius Network, said ...The Guardian - 21h -
Trump says he'll block controversial U.S. Steel acquisition by Japanese firm
President-elect Donald Trump said he would block the proposed acquisition of U.S. Steel by the Japanese Company Nippon Steel. President Biden is yet to decide on the sale that has faced bipartisan ...CBS News - 18h -
Investors signal a return to UK equities
November was the first month for over three years that money came back into British stocksFinancial Times - 5h -
Hume launches Voice Control allowing users and developers to make custom AI voices
Hume focuses on providing tools for creating unique, expressive voices that align with user needs, such as customer service chatbots.VentureBeat - 1d -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - 1d -
Xreal One Series AR glasses offer leap forward with X1 custom coprocessor
Xreal unveiled a step change for its newest augmented reality (AR) glasses, Xreal One Series, that the company believes is the biggest leap forward in AR tech to date.VentureBeat - 4h -
Rival union official says Atlantic City casino union boss should resign for opposing a smoking ban
Workers seeking an end to smoking in Atlantic City casinos say the main employee union has been won over by tobacco companies seeking allies in the fight against smoking restrictionsABC News - 1d
