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BUSINESS

BUSINESS

Meta fined nearly 800m euros for ‘abusive practices’ on Facebook ads business

Digital Desk -
European Union regulators have hit Facebook parent Meta with a fine of nearly 800 million euros for what they called “abusive practices” involving its...
BUSINESS

French and Dutch investigators raid Netflix offices in finance probe

Digital Desk -
Prosecutors and police investigators who specialise in fighting fraud and corruption raided Netflix offices in France and the Netherlands on Tuesday, in a probe...
BUSINESS

Beijing files complaint at WTO over EU tariffs on Chinese electric vehicles

Digital Desk -
China has moved forward with a complaint at the World Trade Organisation that alleges the European Union has improperly set anti-subsidy tariffs on new...
BUSINESS

Financial co-operation and Brics expansion on table as Putin hosts leaders

Digital Desk -
Russia’s President Vladimir Putin has hosted China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the Brics bloc of...
BUSINESS

Sean ‘Diddy’ Combs’ music streams jump after arrest and indictment

Digital Desk -
Sean “Diddy” Combs’ vast music catalogue has seen a jump in streams since his arrest last week and the unsealing of a charge against...
BUSINESS

Google loses final EU court appeal over €2.4bn fine in shopping competition case

Digital Desk -
Google has lost its final legal challenge against a European Union penalty for giving its own shopping recommendations an illegal advantage over rivals in...
BUSINESS

British tech tycoon Mike Lynch among missing tourists after luxury yacht sinks

Digital Desk -
British technology tycoon Mike Lynch is among six tourists missing after a luxury yacht sank in bad weather off the coast of Sicily, sources...
BUSINESS

Cisco cuts thousands of jobs as it shifts focus to AI and cybersecurity

Digital Desk -
Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year as the company shifts its...
BUSINESS

TikTok agrees to withdraw rewards feature amid online addiction concerns

Digital Desk -
TikTok has agreed to withdraw a rewards feature that raised concerns about its potential to encourage excessive screen time, particularly among children, the European...
BUSINESS

Shares sink in Japan following tech-driven retreat on Wall Street

Digital Desk -
Japan’s benchmark Nikkei 225 index sank 5.8% on Friday in what some reports said was the worst single-day loss since Black Monday of 1987. The...
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