Legal & Regulatory

Russia Orders Apple to Pay $13.6 Million Fine for Alleged App Market Abuse

Russia Orders Apple to Pay $13.6 Million Fine for Alleged App Market Abuse

US tech giant Apple has paid a fine of $13.65 million imposed by Russia's FAS antitrust agency for the company's alleged abuse of its dominant market position concerning in-app payments.


No More Saturday Post Deliveries? Royal Mail Might Scrap This

Royal Mail, a British postal service and courier company, might scrap Saturday postal deliveris as part of reforming plans.

Joe Biden Announces Another Student Loan Cancelation for 74,000 Borrowers: Here's Who Qualifies

President Joe Biden has announced an additional $5 billion in debt cancelation for some 74,000 student loan borrowers.

Microsoft Executive Emails Hacked by Elite Russian Hacking Group

In a regulatory filing, Microsoft disclosed that a Russian intelligence group accessed the email accounts of some of the software maker's top executives.


Latest News

Reddit Aims to Launch IPO in March With $10 Billion Valuation: Report
Popular social media platform Reddit is reportedly gearing up for its long-awaited initial public offering (IPO) in March.
Shein Faces Scrutiny From China's Internet Regulator Ahead of US IPO
China's internet regulator is conducting a security review of Shein. China's internet regulator is conducting a security review of Shein as the fast-fashion giant prepares for its initial public offering in the United States.
Warren Buffett-Led Firm Berkshire Hathaway Buys Remaining 20% Stake in Pilot Travel From Haslam Family
The Warren Buffett-led conglomerate Berkshire Hathaway announced on Tuesday that it is buying the remaining 20% stake in the Pilot truck stop business of the Haslam family.
New Colorado Tax Credit Aims to Slash Child Poverty, Leveraging TABOR Surplus
The chairmen of Congress' top tax policy committees announced on Tuesday a bipartisan initiative to enhance the child tax credit and reintroduce various tax breaks for businesses.
JetBlue Airways' $3.8 Billion Acquisition of Spirit Airlines Blocked by Judge
A federal judge on Tuesday blocked JetBlue Airways' planned $3.8 billion acquisition of Spirit Airlines.
Hunter Biden to Get New Subpoena in Congressional Probe, House Republicans Say
House Republicans have announced their intention on Sunday to issue a new subpoena for Hunter Biden, the son of President Joe Biden, in the coming weeks.
Joe Biden Announces Student Loan Cancelation for Some Borrowers
President Joe Biden has announced a new initiative to cancel federal student loans, targeting borrowers with relatively small debts.
Closing Arguments Delivered In Trump's Civil Fraud Trial In NYC
Former President Donald Trump has been ordered by a Manhattan judge to pay The New York Times and its three reporters nearly $400,000 in legal fees.
Hunter Biden Enters Not Guilty Plea on Tax Evasion Charges After Deal Falls Apart
Hunter Biden, the son of President Joe Biden, has entered a not guilty plea to nine felony and misdemeanor tax charges during his initial appearance in a California courtroom.
US SEC Approves Spot Bitcoin ETFs a Day After Its 'Hacked' X Account Prematurely Shared Such News
The US Securities and Exchange Commission (SEC) has approved the trading of spot bitcoin exchange-traded funds (ETFs) in the country.
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