Soaring legal fees in snarled Citgo auction rankle companies
By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) – Court advisers have billed nearly $30 million for a stalled auction…
Meta faces April trial in FTC case seeking to unwind Instagram merger
By Jody Godoy NEW YORK (Reuters) – Facebook owner Meta Platforms will face trial in April over the U.S. Federal…
Musk’s Neuralink to launch feasibility trial with brain implant, robotic arm
(Reuters) -Elon Musk’s brain technology startup Neuralink said on Monday it has received approval to launch a new feasibility study…
Procter & Gamble doubles down on China’s TikTok to reverse sales slump
By Jessica DiNapoli NEW YORK (Reuters) – Procter & Gamble has been revamping its marketing and line-up of influencers on…
Amazon doubles down on AI startup Anthropic with $4 billion investment
By Arsheeya Bajwa (Reuters) -Amazon.com pumped in an additional $4 billion into artificial intelligence startup Anthropic, as the e-commerce giant…
Robinhood’s chief legal officer Gallagher rules out becoming SEC chair, CNBC reports
(Reuters) – Robinhood Markets’ Chief Legal Officer Dan Gallagher, a former commissioner of the Securities and Exchange Commission who was…
Netflix set for biggest weekly gain since January after Paul-Tyson fight
By Caroline Valetkevitch NEW YORK (Reuters) – Netflix shares were on track for a fifth consecutive gain on Friday and…
Automakers urge Trump to preserve EV tax credits, boost self-driving cars
By David Shepardson WASHINGTON (Reuters) – A group representing major automakers including General Motors, Toyota Motor Corp, and Volkswagen urged…
Exclusive-Amazon likely to face investigation under EU tech rules next year, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Amazon will likely face an EU investigation next year into whether it favours its…
Analysis-Legal hurdles ahead for Google’s forced sale of Chrome
By Deborah Mary Sophia, Akash Sriram and Kenrick Cai (Reuters) – Efforts by U.S. antitrust regulators to break up Alphabet…