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Industry Keyword: US

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Top Apple executives likely to be deposed in US fight with Google

The Justice Department wants to depose some of Apple's top executives as it prepares for a trial to determine if Alphabet's Google broke antitrust law in how it runs its search business, a lawyer...

Head of US derivatives regulator urges key crypto role for agency

The head of the US Commodity Futures Trading Commission told lawmakers on Wednesday his agency should take on a leading role in policing cryptocurrency. Testifying before the Senate Agriculture Committee, CFTC Chairman Rostin Behnam said...

SoftBank’s choice of New York for Arm listing deals a blow to London

SoftBank's decision to list famed UK chip designer Arm is good news for New York, bad news for London and perhaps the best option left for the Japanese group after the collapse of its...

SoftBank’s sale of Arm to Nvidia to collapse?

SoftBank Group Corp's sale of Arm Ltd to US chipmaker Nvidia Corp has collapsed, a source familiar with the matter told journalists, adding that Arm will plan for an IPO. The deal has faced several...

Amazon plans to more than double base pay cap for employees

Amazon.com Inc plans to more than double its base pay cap to $350,000, from its previous maximum salary of $160,000 for US employees, according to a company memo. The e-commerce giant will increase the overall...

Amazon hikes Prime membership fees in US as wages, costs rise

Amazon.com has said it was raising the price of its annual US Prime subscriptions by 17%, as it looks to offset higher costs for shipping and wages that it expects to persist this year. Shares...

Self-driving car companies zoom ahead, leaving US regulators behind

Self-driving vehicle companies from Tesla Inc to General Motors Co's Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for robot-driven...

Facebook’s cryptocurrency venture to wind down and sell tech assets

Meta Platforms Inc's digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Street Journal has reported, citing a person familiar...

Software group SAP to buy majority stake in US FinTech firm Taulia

SAP has said it has agreed to buy a majority stake in privately held US FinTech firm Taulia as the German business software group seeks to expand its presence across supply-chain financing and working...

Apple poised for strong earnings despite supply constraints, Omicron

Apple Inc navigated pandemic-related supply chain issues better than rivals at the end of 2021, likely helping the iPhone maker surpass Wall Street revenue growth targets of 6%, some analysts estimate. Apple, which is set...

YouTube permanently bans Fox News host Dan Bongino

Fox News Channel host Dan Bongino became among the most-followed conservative personalities to be permanently banned from YouTube, a week after the Google-owned video service said he had posted COVID-19 misinformation. YouTube suspended one of...

Three US states, DC sue Google over location-tracking

Texas, Indiana, Washington State and the District of Columbia sued Alphabet Inc's Google on Monday over what they called deceptive location-tracking practices that invade users’ privacy. "Google falsely led consumers to believe that changing their...