Adani Group companies haven’t received any notice from the US Department of justice regarding a probe into whether the Indian conglomerate may have engaged in bribery, according to exchange filings.Bloomberg News reported last week, citing people with direct knowledge of the matter, that US prosecutors have widened their probe of the Adani Group to focus … Read more
In a surprising turn of events, a US court has ruled in favour of a Chinese chipmaker accused of stealing trade secrets from Micron Technology, a leading American memory chip manufacturer. The case, which had heightened tensions between the two countries, saw the court dismiss all charges against the Chinese company, finding insufficient evidence to … Read more
By John Flesher The Associated Press Posted January 22, 2024 3:50 pm 1 min read Descrease article font size Increase article font size The U.S. government has been asked to explain how a 1977 energy treaty with Canada would impact efforts to shut down the Line 5 cross-border pipeline. A forthcoming Department of Justice brief will mark the … Read more
The US Department of Justice (DOJ) is in the “late stages” of an investigation into Apple and could soon file a “sweeping” antitrust case against the iPhone maker. The investigation, as reported by The New York Times, focuses on the company’s control over hardware and software services and how its “walled garden” approach has made … Read more
Adobe has decided to abandon its plan of acquiring Figma for $20 billion as both companies could not find a clear path to obtain approval from the regulators of the UK and the European Union. Why Adobe is calling off the acquisitionIn the wake of increasing regulatory pressure, both companies have come to a resolution, … Read more
Binance is a cryptocurrency exchange that allows users to buy, sell, trade, and store various digital assets, such as Bitcoin, Ethereum, Binance Coin, and more. It is the world’s largest cryptocurrency exchange by trading volume, handling over $5.3 trillion in spot trades in 2022.The rise of BinanceBinance quickly rose to prominence due to several factors:User-Friendly … Read more
Google is currently embroiled in a rather bitter legal dispute with the US Department of Justice. In a recent revelation, it has come to light that Google, the tech giant synonymous with online search, paid a staggering 36% of its Safari search revenue to Apple in a lucrative partnership, according to a report by Bloomberg. … Read more
Apple will pay up to $25 million to settle claims by the US Department of Justice (DOJ) that the company engaged in hiring discrimination for certain jobs. Apple was found to have illegally favoured immigrant workers over US citizens and green card holders.The Department of Justice announced that $18.25 million will go toward creating a … Read more