Samsung Wins Key Court Ruling in Patent Dispute With ZTE
Samsung Electronics achieved a legal victory in London’s High Court on Wednesday by obtaining an interim license to use ZTE...
Business
Hormel Brings Back Former CEO as Interim Leader
Hormel Foods has appointed former CEO Jeffrey Ettinger to serve as interim chief executive for 15 months beginning July 14...
Warburg Pincus in Talks to Exit SBI General Stake
Bloomberg News reports that Warburg Pincus engages in advanced talks to sell its 10% stake in SBI General Insurance which...
Alibaba Folds Travel, Food Units Into Core E-Commerce
Alibaba Group will merge its food delivery service Ele.me with its online travel platform Fliggy into its main e-commerce operations...
Microsoft Weighs Exit from OpenAI Talks Amid Disputes
The Financial Times reports that Microsoft is evaluating an exit from their current partnership negotiations with OpenAI because both parties...
Texas Democrats Urge Tesla to Delay Robotaxi Rollout
Texas Democratic lawmakers urge Tesla to delay its robotaxi service launch in Austin until September when new autonomous-driving regulations become...
Zoox Opens Robotaxi Factory to Compete With Tesla, Waymo
Zoox which received funding from Amazon established its first high-capacity robotaxi manufacturing facility in Hayward California to compete with Tesla...
Coinbase Seeks SEC Approval to Launch Tokenized Equities
Coinbase has initiated a regulatory application with the U.S. Securities and Exchange Commission to launch tokenized equity trading which would...
Dutch Court Rules Apple Abused Power in App Store Payments
A Dutch court maintained the 2021 consumer watchdog decision that Apple used its market dominance to force dating apps into...
Heineken to Pour $2.7 Billion Into Mexico Expansion
Heineken plans to spend $2.75 billion in Mexico throughout the period from 2028 to 2028 according to the local CEO...
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