Google loses challenge against EU antitrust decision, other probes loom

Register now for FREE unlimited access to Register LUXEMBOURG, Sept 14 (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($ 4.13 billion) for using its Android mobile operating system to thwart rivals, offering a precedent for other regulators to ratchet up … Read more

Arm sues Qualcomm, aiming to unwind Qualcomm’s $ 1.4 bln Nuvia purchase

Qualcomm logo is during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS / Wolfgang Rattay Register now for FREE unlimited access to Register SAN FRANCISCO, Aug 31 (Reuters) – Chip technology firm Arm Ltd, which is owned by Softbank Group Corp (9984.T), on Wednesday said it had sued Qualcomm … Read more

Moderna sues Pfizer / BioNTech for patent infringement over COVID vaccine

Aug 26 (Reuters) – Moderna sued Pfizer and its German partner BioNTech on Friday for patent infringement in the development of the first COVID-19 vaccine approved in the United States, alleging they copied technology that Moderna developed years before the pandemic. Pfizer shares fell nearly 1%, while BioNTech US-listed shares were down about 1.5% and … Read more

Musk seeks documents from Jack Dorsey in fight over Twitter deal

WILMINGTON, Del., Aug 22 (Reuters) – Billionaire entrepreneur Elon Musk is seeking documents from Twitter Inc (TWTR.N) co-founder Jack Dorsey as the CEO of Tesla and SpaceX pursues his legal fight to walk away from his $ 44 billion deal for the social media company, according to a court filing. Dorsey, who resigned as Twitter’s … Read more

Novelist Salman Rushdie on ventilator after New York stabbing

NEW YORK, Aug 12 (Reuters) – Salman Rushdie, the Indian-born novelist who spent years in hiding after Iran urged Muslims to kill him because of his writing, was stabbed in the neck and torso onstage at a lecture in New York state on Friday and airlifted to a hospital, police said. After hours of surgery, … Read more

Robinhood must face US market manipulation claims over ‘meme stock’ rally, judge rules

The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company’s IPO in New York City, US, July 29, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Register Aug 11 (Reuters) – Stock trading platform Robinhood Markets Inc (HOOD.O) must face market manipulation … Read more

Cryptoverse: Blockchain bridges fall into troubled waters

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Register Aug 9 (Reuters) – Another day, another hack – and another blockchain bridge burned. When thieves stole an estimated $ 190 million from … Read more

India freezes assets of Binance-linked WazirX

Representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS / Dado Ruvic / Illustration / File Photo Register now for FREE unlimited access to Register MUMBAI, Aug 5 (Reuters) – India’s financial crime-fighting agency said on Friday it had frozen the assets of WazirX, linked to the world’s largest digital currency exchange … Read more

Stephen King going to bat for US gov’t in case against book publishing mega-merger

WASHINGTON, Aug 1 (Reuters) – The US Justice Department asked a federal judge on Monday to block a $ 2.2 billion merger of two of the “Big Five” book publishers, Penguin Random House and Simon & Schuster, in a trial that is expected to feature testimony from horror writer Stephen King. “It’s real money for … Read more