China’s market regulator has fined Alibaba and a Tencent-backed company for not making the proper declarations to authorities about past acquisitions, in another sign Beijing is taking a tougher stance on the country’s tech giants. Alibaba, Tencent-backed China Literature,...
After investors spent a decade pouring money into Silicon Valley start-ups so they could keep growing while staying private, the pendulum has completely swung around, and tech IPOs are bigger than ever. Three of the 10 biggest tech IPOs...
Tech giant Oracle Corp. said Friday it will move its headquarters from Silicon Valley to Austin, Texas, and let employees choose their office locations and decide whether to work from home. The business software maker said it will keep...
The twin lawsuits filed against Facebook this week by the government and more than 40 attorneys general are the most serious effort to break the social media giant up to date. The cases, which differ slightly, focus on the...
Virgin Galactic was to perform their first human spaceflight of their VSS Unity SpaceShipTwo vehicle from Spaceport America, just south of Truth or Consequences, New Mexico, today. The spaceship and crew took off at 10:24 EST (15:24 UTC) firmly...
California asked to join the U.S. Department of Justice’s antitrust lawsuit against Google on Friday, making the state’s attorney general the first Democrat to openly support the litigation. The department in October accused the $1 trillion California-based company of...
For nearly 100 years, since the stock market crash of 1929 kicked off the decade-long Great Depression, Americans have been conditioned to think of a falling market as a sign that the economy was in peril — and that surging stocks meant...
Richard Nixon once planned to give every poor household in the United States an unconditional basic income. In 1969, Tricky Dick prepared an anti-poverty plan that would have provided a family of four — in which no adult earned any income through employment —...
Boris Johnson and the EU have both warned they are unlikely to reach a post-Brexit trade deal by Sunday. European Commission President Ursula von der Leyen said no deal was the most probable end to "difficult" talks.
The cost of importing LVT from China, where the bulk of product is manufactured, has reached an all-time high. The reasons for the increased cost to import LVT are three-fold: the weak dollar versus the yuan, the fact that...
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