Day: July 14, 2023
FTC loses appeals court docket bid to briefly block Microsoft-Activision deal
Satya Nadella, CEO of Microsoft CNBC In a victory for Microsoft, the U.S. Appeals Court docket for the 9th Circuit late on Friday denied the Federal Trade Commission’s attractiveness of a judge’s selection that would have stopped the software package maker from completing its $68.7 billion acquisition of video match publisher Activision Blizzard. Microsoft is […]
Read MoreElon Musk programs Tesla and Twitter collaborations with xAI, his new startup
Tesla CEO Elon Musk mentioned on Friday that he strategies for his latest venture, the artificial intelligence startup xAI, to collaborate with the automaker each on the “silicon front” and on the “AI application front.” Musk also claimed, in the course of Friday’s live audio session on Twitter Spaces, that xAI will use Twitter details […]
Read MoreU.S. Virgin Islands seeks at the very least $190 million from JPMorgan Chase in Jeffrey Epstein scenario
The authorities of the U.S. Virgin Islands in a court filing Friday believed that it will seek damages of at least $190 million from JPMorgan Chase in a lawsuit accusing the big financial institution of facilitating intercourse trafficking by its previous very long-time customer Jeffrey Epstein. The Virgin Islands also claimed it desires an buy […]
Read MoreBinance could lay off countless numbers as corporation buckles down for DOJ probe, source says
Changpeng Zhao, billionaire and main govt officer of Binance Holdings Ltd., speaks in the course of a session at the Net Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | Getty Visuals Crypto exchange Binance is laying off staff members in reaction to an ongoing Justice Division probe that is […]
Read MoreAmazon seller expert avoids jail in employee bribery scheme
A prominent Amazon advisor has averted jail time for his involvement in an elaborate plan to bribe firm employees to give his purchasers an higher hand on the e-retailer’s sprawling online market. Ephraim “Ed” Rosenberg in March plead responsible to a legal cost, stemming from a Sept. 2020 indictment that charged 6 folks with conspiring […]
Read MoreUnitedHealth stock jumps after earnings top estimates despite rising medical costs
Representatives speak with customers at a UnitedHealthcare store in Queens, New York. Michael Nagle | Bloomberg | Getty Images UnitedHealth Group’s stock price jumped Friday after the health-care conglomerate reported second-quarter revenue and adjusted earnings that topped Wall Street’s expectations despite rising medical costs. The results eased investor concerns after the Minnesota-based company flagged a […]
Read MoreCanada just launched a new digital nomad program—here’s what you will need to know
If you’ve got at any time dreamed of dwelling and doing work remotely in Canada, now’s your probability: The Canadian federal government just announced a new immigration software for digital nomads. Beneath existing Canadian immigration guidelines, electronic nomads operating for a foreign employer can remain in the place under customer status for up to six […]
Read MoreShares generating the most important moves midday: UnitedHealth, JPMorgan Chase, Microsoft, JetBlue and far more
A UnitedHealth Group health insurance plan card is observed in a wallet, Oct.14, 2019. Lucy Nicholson | Reuters Check out out the corporations creating headlines in midday trading. JPMorgan Chase — Shares fell somewhat even immediately after the bank documented more robust-than-predicted outcomes for the next quarter, as it benefited from increased interest costs and […]
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