Chinese regulators are planning to split up Alipay, the highly popular payment app controlled by Alibaba’s financial subsidiary, Ant Group.…
DoorDash, Grubhub, and Uber Eats Sue New York Over Delivery Charge Caps
On Thursday, DoorDash, Grubhub, and Uber Eats filed a lawsuit against New York City over a new measure enacted by…
Ford To Completely Halt Vehicle Production In India
Ford will stop producing vehicles in India and close both of its factories in the country. Ford said that its…
SEC Threatens Legal Action Against Coinbase Over Crypto Lending Plans
The Securities and Exchange Commission (SEC) has threatened to prosecute Coinbase Global if it proceeds with plans to establish a…
Bitcoin Dips As El Salvador Prepares To Accept Crypto As Legal Tender
After breaking above $52,000 late Monday and reaching its highest level since May, the price of bitcoin dropped on Tuesday.…
WhatsApp Hit With Record $267 Million Fine For EU Data Privacy Violation
Ireland’s data watchdog penalized Facebook-owned WhatsApp a record 225 million euros ($267 million) for violating EU data privacy laws. According…
South Korea Passes Law Forcing Apple And Google To Change App Store Policies
A new law enacted by South Korean lawmakers will now force Google and Apple to allow app developers to use…
Electric Carmaker Rivian Seeks $80 Billion Valuation Through IPO
Rivian Automotive Inc., a producer of electric pickup trucks backed by Amazon.com Inc., has filed for an initial public offering…
Starbucks Sued By Texas Woman After She Was Burned By Wrong Coffee Order
Starbucks is being sued by a Texas woman who claims she was burned by a coffee order that wasn’t hers.…