Business

One day after shares of at-home fitness company Peloton tumbled, Netflix found itself in Wall Street's hot seat Friday as markets reassess the diminishing growth prospects of so-called "pandemic stocks."... Read more

Airbus has taken the extraordinary step of cancelling a multi-billion-dollar order of 50 planes from Qatar Airways, a major customer, in an escalating feud over the airline's grounding of A350 aircraft.... Read more

Netflix delivered its latest quarter of disappointing subscriber growth during the final three months of last year, a trend that management foresees continuing into the new year as tougher competition is undercutting the video streaming leader.... Read more

Google on Thursday appealed an EU court decision to uphold the bloc's 2.4-billion-euro ($2.8-billion) fine for abusing its search engine dominance.... Read more

A US Senate panel endorsed legislation Thursday that would block tech giants from prioritizing their products over those of smaller rivals, a potentially major reform that will face a tough fight in Congress.... Read more

Amazon's online commerce empire is taking another step into the real world with plans announced Thursday to open a shop in Los Angeles that would be its first bricks-and-mortar clothing store.... Read more

The European Parliament on Thursday approved a proposal to impose unprecedented curbs on content online, including bans on the most intrusive methods of advertising, in a blow to Google and Facebook.... Read more

Major US carriers stumbled through another money-losing quarter at the end of the 2021 but remain confident of a travel recovery later in 2022, based in part on hopes that Covid-19 will soon evolve into an ordinary and seasonal virus.... Read more

The Russian central bank proposed Thursday cracking down on cryptocurrencies, a move which if adopted could disrupt the burgeoning virtual money sector as Russia is one of the largest crypto-mining nations in the world.... Read more

A years-long saga over tech firms transferring data from Europe to the US re-erupted on Thursday, days after Austrian officials slapped down Google for failing to respect EU privacy rules.... Read more

Online companies would have to ramp up efforts to keep harmful content off their platforms and take other steps to protect users under rules that European Union lawmakers are set to vote on Thursday.... Read more

Long-haul carrier Emirates said Thursday it will resume its Boeing 777 flights to the U.S. after halting its use of the aircraft there over concerns new 5G services in America could interfere with airplane technology that measures altitude.... Read more

As I entered the construction site in England a decade ago, I was filled with excitement. This was a new state of the art housing development. I was there to provide independent evidence as to whether the development stood up to its claims of superior energy performance—the construction company promised... Read more

At some of the world's most sensitive spots, authorities have installed security screening devices made by a single Chinese company with deep ties to China's military and the highest levels of the ruling Communist Party.... Read more

United Airlines reported another quarterly loss Wednesday on the lingering drag from COVID-19 but offered an upbeat outlook on a travel comeback later in 2022 and in future years.... Read more

US tech giant Microsoft's $69 billion purchase of Activision this week rocked the video game sector, but the deal may come to be remembered as the moment the metaverse went mainstream.... Read more

Apple Inc. and Google warned U.S. lawmakers Tuesday that bipartisan antitrust legislation aimed at curbing the power of big technology companies will threaten the privacy and security of users.... Read more

Authorities say Apple AirTags, marketed as a way to keep track of easily-lost belongings, are increasingly connected to cases of stalking and car theft.... Read more

Microsoft stunned the gaming industry when it announced this week it would buy game publisher Activision Blizzard for $68.7 billion, a deal that would immediately make it a larger video-game company than Nintendo.... Read more

The rapid evolution and spread of digital technology raise various privacy and ethical issues both for those developing technologies and for the public. Some new technology contains small cameras that can be easily disguised in public, with photo and video data that can be recorded, distributed, exploited and combined with... Read more

Microsoft's $69 billion deal to buy video game powerhouse Activision Blizzard is expected to win out with regulators despite vows in Europe and the United States to rein in tech titans.... Read more

More than 100 millionaires made an unusual plea on Wednesday: "Tax us now".... Read more

U.S. competition regulators have mounted an effort to tighten enforcement against illegal mergers, in line with President Joe Biden's mandate for greater scrutiny to big business combinations.... Read more

Activision Blizzard is a star developer of gaming hits like "Call of Duty", but the firm has been roiled by serious sex discrimination allegations that have led to lawsuits, firings and official scrutiny.... Read more

Spain will tighten its rules regulating advertisements for cryptocurrencies to ensure investors are aware of the risks, the country's stock market supervisor said Tuesday.... Read more

The EU's effort to implement an internationally agreed minimum tax on big multinationals was met with opposition by Poland and Hungary on Tuesday, endangering a major priority of France's presidency of the bloc.... Read more

Microsoft is paying nearly $70 billion for Activision Blizzard, the maker of Candy Crush and Call of Duty, as it seeks an edge in the fiercely competitive businesses of mobile gaming and virtual-reality technology.... Read more

Early in 2021, the government of Uganda approved a two-year plan to streamline state-run agencies for greater efficiency. The first phase of the merger targeted 77 agencies under 18 ministries. By the time parliament put the program on hold months later, 69 of these agencies had been merged.... Read more

The video game giant Activision Blizzard has fired nearly 40 employees and disciplined about 40 others since July as it deals with allegations of sexual harassment and other misconduct, The Wall Street Journal said Monday.... Read more

A lawsuit against Amazon is expected to be filed Monday by the family of a delivery driver who was killed in December after a tornado hit an Amazon warehouse downstate, according to a news release from the law firm retained by the family.... Read more

Amazon's British website has backed away from plans to stop accepting Visa credit cards issued in the United Kingdom, saying Monday that the move has been put on hold while talks between the two sides continue.... Read more

The world's 10 wealthiest men doubled their fortunes during the first two years of the coronavirus pandemic as poverty and inequality soared, a report said on Monday.... Read more

Federal safety officials are directing operators of some Boeing planes to adopt extra procedures when landing on wet or snowy runways near impending 5G service because, they say, interference from the wireless networks could mean that the planes need more room to land.... Read more

Netflix is raising prices for its video streaming customers in the U.S. and Canada, less than a year and a half since its last price increase, as competition from other streaming services increases.... Read more

Top bosses of Google and Facebook were directly involved in approving an allegedly illegal 2018 deal to cement their dominance of the online advertising market, US court documents revealed Friday.... Read more

Facebook was set to be targeted Friday by a multi-billion-dollar class action suit from a British competition law expert, who alleges that the US social network abused its dominant position with "unfair" terms.... Read more

Google on Friday agreed to buy a central London building complex for $1 billion, but stressed it remained committed to new hybrid working patterns in the wake of COVID.... Read more

As early as 2005, carbon capture and storage was identified by the UN's Intergovernmental Panel on Climate Change (IPCC) as one of the solutions for tackling climate change. So why aren't we going full steam with carbon capture?... Read more

Jack Dorsey on Thursday announced that his digital payments firm Block is building a system to make it easier for people to mine bitcoin.... Read more

Delta Air Lines said Thursday it was past the worst of the Omicron COVID-19 surge as it projected a strong spring travel season while reporting a fourth-quarter loss.... Read more

In November, inflation hit a 39-year high in the United States. The consumer price index was up 6.8 percent from the previous year due to major increases in the cost of rent, food, motor vehicles, gasoline, and other common household expenses. While inflation impacts the entire country, its effects are... Read more

A large New York private equity firm is providing a $150 million credit line over the next three years to a Grapevine, Texas startup that makes it easier for auto dealers to make instant vehicle loans, regardless of credit history.... Read more

Another seller of stolen credit cards on the dark web appears to be closing up shop.... Read more

Comedian Robin Williams once called cocaine "God's way of telling you you are making too much money." This role may now have been overtaken by non-fungible tokens, the blockchain-based means to claim unique ownership of easily copied digital assets.... Read more

Online platforms that are precursors of the metaverse vision for the internet's future are already serving as workrooms to develop products destined for real-life sale.... Read more

Airline ticket sales fell sharply at the end of 2021, the International Air Transport Association (IATA) said Wednesday, blaming governments for having "over-reacted" to the Omicron COVID variant by closing borders.... Read more

As a result of the ongoing global chip shortage, Canon is scrambling to appease a wave of furious customers after its own ink cartridges are malfunctioning and being read as fake.... Read more

Google offers its full-time employees working from home a supply of high-end instant COVID-19 tests. Meanwhile, the contract workers still coming into offices have to wait longer for results.... Read more

An unplanned and complicated pregnancy pushed Carlazjion Constant of Smyrna, Tennessee, to the financial brink.... Read more