The creator of the Stoner Cats animated web series will pay a $1 million civil fine to settle U.S. Securities and Exchange Commission charges it conducted an unregistered offering of crypto asset securities by selling non-fungible tokens, the regulator said on Wednesday.
The Justice Department began questioning a former Google executive about billion-dollar deals with mobile carriers and others that helped keep Google the default search engine, as the second day of a once-in-a-generation antitrust trial got underway on Wednesday.
Digital Currency Group (DCG), the parent of bankrupt crypto lender Genesis Capital, said in a court filing on Wednesday that it expects to provide a recovery of 70%-90% for all unsecured creditors under a previously announced agreement.
Israel’s UBQ Materials, which converts household waste into thermoplastic material, said on Wednesday it raised $70 million in a private funding round led by Eden Global Partners.
Apple’s iPhone 15 drew mixed reactions in its third largest market of China on Wednesday, with many online users liking its faster chip and improved gaming capabilities while others preferred Huawei’s new smartphone.
The European Commission launched an investigation on Wednesday into whether to impose punitive tariffs to protect European Union automakers against Chinese electric vehicle (EV) imports it says are benefiting from excessive state subsidies.
France’s radiation watchdog has banned sales of Apple’s iPhone 12 after tests that it said showed the smartphone breached European radiation exposure limits.
SpaceX’s satellite internet venture Starlink posted a more than six-fold surge in revenue last year to $1.4 billion, but fell short of targets set by CEO Elon Musk, the Wall Street Journal reported on Wednesday, citing documents.
Chinese independent refiner and petrochemicals producer Hengli Petrochemical has agreed to restructuring deals worth a total of up to $1.89 billion for its subsidiary Kanghui New Material Technology, filings showed on Monday.
Professional services firm EY said on Wednesday it has invested $1.4 billion in artificial intelligence and was rolling out a platform offering AI-powered versions of its consulting products to businesses, the latest company to bet big on the technology.
