After launching in September 2023, TikTok Shop rises to broad popularity with US sales surpassing Shein, Sephora as it faces ban
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SEC Probe Reopens Probe Into Musk’s Neuralink – Report
One of Elon Musk's least favourite federal agencies, the SEC, is reportedly re-opening investigation into Neuralink
US To Raise Tariffs On Chinese Solar Wafers, Polysilicon, Tungsten
Protecting American clean energy businesses. Biden administration plans to raise tariffs on certain Chinese products
Supreme Court Permits Nvidia Investor Lawsuit To Proceed
Setback for Nvidia after Supreme Court rules class-action lawsuit against AI chip giant for misleading investors can proceed
China Opens Nvidia Antitrust Probe After US Sanctions
Chinese government opens antitrust probe into Nvidia's $7bn acquisition of Mellanox, in move seen as retaliation to export restrictions
TikTok Asks For Emergency Pause On US Divestiture Law
TikTok, ByteDance ask court for emergency injunction to pause enforcement of divestiture law pending Supreme Court appeal
TikTok Loses Bid To Overturn US Divestiture Law
US appeals court rejects bid by TikTok and parent ByteDance to overturn law forcing it to divest Chinese ownership or face January ban
Musk’s Neuralink Animal Lab Cited For ‘Objectionable Conditions’
Federal regulator reportedly cites animal lab at Elon Musk's Neuralink for “objectionable conditions or practices”
Amazon Sued For Halting Deliveries To Two Black Neighbourhoods
District of Columbia sues Amazon, alleging it secretly stopped fastest delivery service to two predominantly Black neighbourhoods
CMA Delays Cloud Computing Report Until 2025
UK competition regulator slightly delays its provisional report on the cloud computing sector and whether “behavioural” remedies are required
Celsius Founder Alex Mashinsky Pleads Guilty To Fraud
Founder of former cryptocurrency lender Celsius Network, Alex Mashinsky, pleads guilty to two counts of fraud
Microsoft Faces £1 Billion Lawsuit For Alleged Overcharging
Lawsuit filed in London against Microsoft alleges customers using rival cloud services, have to pay more to licence Windows Server
Elon Musk $56 Billion Pay Deal Rejected, Again
Judge in Delaware for the second time rules against the record-breaking $56 billion pay package for Elon Musk
Elon Musk Seeks To Block OpenAI’s For-Profit Bid
OpenAI's bid to convert to a 'for-profit' organisation is opposed by Elon Musk and co in a federal courtroom
OpenAI Sued By Canadian News Publishers For Alleged Copyright...
Group of news publishers in Canada become the latest group to sue OpenAI for allegedly using their new content to train ChatGPT
Canada Sues Google For Alleged Anti-Competitive Conduct In Advertising
More legal trouble. Canada's Competition Bureau sues Google for alleged anti-competitive conduct in online advertising
Meta Concerned At Australia’s Social Media Ban For Under-16s
As social media ban passes, Australian government is accused by Meta of failing to consider young people's voices
Google Asks Appeal Court To Throw Out Epic App Store Verdict
After Epic Games 2023 courtroom victory, Google appeal argues “dramatic redesign” of Play store will hurt app developers, consumers
EU Closes Amazon State Aid Case Over Taxes
European Commission closes three failed state-aid investigations over tax rulings for Amazon, Fiat and Starbucks
FTC Opens Antitrust Investigation Into Microsoft
Last hurrah for chair Lina Khan? Federal Trade Commission launches sweeping investigation into Microsoft before Trump handover
UK’s FCA Confirms Plan For Crypto Regulation By 2026
British financial regulator outlines roadmap and timelines to implement regulatory oversight for 'high risk' crypto
Kim Dotcom Suffers “Serious Stroke”, Amid Deportation Fight
Post on social media claims Megaupload founder Kim Dotcom has suffered a “serious stroke” amid deportation from New Zealand
Australian Senate Grills Lobbyist Over Social Media Failures
Industry group representative faces hostility from Australian Senate ahead of vote on law to ban under-16s from social media platforms
Closing Arguments Delivered In Google Ad Tech Monopoly Case
Google, Justice Department make closing arguments in case targeting company's ad tech business, on heels of search monopoly ruling
Supreme Court Says Meta Must Face Multibillion-Dollar Fraud Lawsuit
US Supreme Court tosses Meta's appeal over Cambridge Analytica-linked investor lawsuit, meaning case must proceed
Apple, Google Mobile Ecosystems Should Be Investigated, CMA Told
CMA receives 'provisional recommendation' from independent inquiry that Apple,Google mobile ecosystem needs investigation
Northvolt Files For Bankruptcy Protection In US
Northvolt files for Chapter 11 bankruptcy protection in the United States, and CEO and co-founder Peter Carlsson steps down
UK’s CMA Readies Cloud Sector “Behavioural” Remedies –...
Targetting AWS, Microsoft? British competition regulator soon to announce “behavioural” remedies for cloud sector
FTX Co-Founder Gary Wang Spared Prison
Judge Kaplan praises former FTX CTO Gary Wang for his co-operation against Sam Bankman-Fried during sentencing hearing
Google Labels DoJ’s Structural Remedies As ‘Extreme’
Executive hits out at the DoJ's “staggering proposal” to force Google to sell off its Chrome web browser, plus other measures