Legal & Regulatory
FTC Sues to Block Tapestry's $8.5 Billion Takeover of Capri Holdings in Massive Luxury Fashion Merge
The Federal Trade Commission filed a lawsuit on Monday to halt Tapestry Inc.'s $8.5 billion acquisition of Capri Holdings, which would unite the Coach, Kate Spade, and Michael Kors brands.
Trump Media to Grant Donald Trump $1.25 Billion Stock Bonus This Week
Former President Donald Trump is on track to receive a sizable stock bonus from Trump Media & Technology Group Corp. this week, amounting to over $1.25 billion.
EU Launches Formal Probe Against TikTok Lite Over Potentially Addictive Feature
TikTok Lite, recently introduced in France and Spain, includes a "Task and Reward Lite" program, enabling users to earn points for various in-app activities. However, the EU worries about its potential impact on users' mental health.
Japanese Regulators Demand Google to Fix Ad Search Restrictions Affecting Yahoo
Japan's antitrust watchdog has instructed Google to address its advertising search limitations impacting Yahoo in Japan, following an investigation showing Google's practices that undermine fair competition.