• Tue. Jun 22nd, 2021

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In City Where China Welcomed the World, Xi Prepares for a Colder One

When China first opened to overseas investors, the country was desperate for foreign technology to revive its growth. Now, as China faces rising global barriers, its leader, Xi Jinping, is…

Google Comes Under Fire Abroad as U.S. Prepares Antitrust Case

(Bloomberg) — Google is confronting a growing backlash against its market power in international markets, compounding the company’s regulatory challenges as it girds for an historic antitrust suit from the…

Apple Prepares to Launch 5G iPhones Into Unready U.S. Market

(Bloomberg) — Apple Inc. is set to embrace 5G as one of its most significant additions to this year’s iPhones, but the technology is still not ready for the masses…

Exclusive: U.S. gaming platform Roblox prepares to go public

By Anirban Sen, Joshua Franklin and Krystal Hu (Reuters) – Roblox Corporation is working with investment banks to prepare for a U.S. stock market listing that could come early next…

Senate Prepares To Subpoena Tech CEOs Over Social Media’s Legal Shield

Topline A Senate committee is asking the CEOs of Google, Facebook and Twitter to testify on Section 230, a 24-year-old liability shield that tech companies claim is essential to keeping…

fuboTV Prepares Terms For $150 Million IPO

fuboTV (FUBO) intends to raise $150 million from the sale of its common stock in an IPO, according to an amended registration statement. New York, NY-based fuboTV was founded to…

Judge Prepares Ruling After Hearing On Trump TikTok Download Ban

A federal judge listened to arguments in a rare Sunday hearing ahead of making a crucial decision on whether to allow or block a Trump administration ban on downloads of…

Boeing Prepares Deeper Cuts From Executive Ranks to Real Estate

(Bloomberg) — Boeing Co. is thinning its corps of vice presidents and winnowing real estate holdings, including a splashy outpost near the Massachusetts Institute of Technology, as the planemaker works…

As Facebook prepares to outsource tough content decisions to its new ‘Supreme Court,’ experts warn it still operates within a dictatorship and can’t legislate a better government

© Chip Somodevilla/Getty Images There’s a growing appetite in Congress for increased regulation of internet platforms like Facebook. Chip Somodevilla/Getty Images Facebook is launching its “oversight board” in October, a…