But coffee Inc. LKNCY 1.63% Has agreed to pay 180 180 million to end regulatory claims, which has made its books to make growth look stronger and meet earnings targets. Announcing the fines to the Securities and Exchange Commission on Wednesday, the Chinese company revealed that some of its executives …
Read More »Tech giants in Europe face new rules, backed by huge fines
European officials want new powers to oversee the internal affairs of large tech companies such as Facebook Inc., FB -0.55% The multibillion-dollar leer is backed by threats of fines as they seek to expand their role as global tech implementers. The European Union’s executive branch on Tuesday proposed two bills …
Read More »Is Google down? Gmail, YouTube suffers
More than a dozen Google services, including Gmail and YouTube, flew offline in the world’s beds on Monday morning, blocking access for individuals and businesses. Alphabet Inc. Google -0.13% According to users’ social-media posts, the company’s services showed errors when users tried to sign in, trying to access their emails …
Read More »U.S. Stock futures rise on stimulus hops, vaccine rollout
U.S. Stock futures on Monday rose above optimism that talk of additional monetary stimulus is in progress and that the rollout of the Covid-19 vaccine could help stem the tide. Futures linked to the S&P 500 rose 0.7%, indicating that the broad-market index could reach a higher level after New …
Read More »Indian iPhone factory attacked by angry workers
NEW DELHI: Angry Indian workers smashed windows and overturned cars at an iPhone factory factory and have been prosecuted several times by the government as an example of efforts to encourage manufacturers and attract companies to diversify away from China. Indian television showed workers throwing stones, throwing furniture and setting …
Read More »