Taiwan’s Foxconn, the world’s largest contract electronics maker and a major supplier for Apple, said on Saturday revenue in July fell 1.23% year-on-year but forecast a business rebound for the third quarter.
Thirty-seven Ericsson shareholders are suing the Swedish telecoms company for a combined 1.8 billion Swedish crowns ($170 million), saying its CEO’s disclosure of activities in Iraq depressed the stock, business daily Dagens Industri reported on Friday.
Alex Mashinsky, the founder and former chief of the now-bankrupt cryptocurrency lender Celsius Network, must face a lawsuit by New York Attorney General Letitia James accusing him of civil fraud, a Manhattan state court judge ruled on Friday.
A U.S. judge hearing the Justice Department’s antitrust lawsuit accusing Google of unlawfully maintaining monopolies in the internet search market let stand key claims made by the federal government.
The U.S. workplace safety regulator said Amazon.com Inc has subjected workers at yet another of its sprawling warehouses to hazardous conditions by imposing onerous production quotas and failing to provide proper medical care.
Coinbase Global on Friday asked a judge to end the U.S. Securities and Exchange Commission’s lawsuit accusing the world’s largest publicly traded cryptocurrency exchange of violating federal securities laws.
Amazon.com Inc on Thursday reported sales growth and profit that beat Wall Street’s expectations as the company delivered goods faster and more cheaply to shoppers while recent cloud-computing headwinds began to subside.
British fintech Revolut will stop allowing U.S. customers to access cryptocurrencies, the company said in a statement on Friday, citing the regulatory environment and crypto market uncertainty there.
Germany’s national railway operator would have to spend up to 400 million euros ($437.44 million) to replace all the components in its infrastructure supplied by Chinese tech giant Huawei Technologies [RIC:RIC:HWT.UL], Spiegel magazine reported on Friday.
Capita said on Friday it expected net exceptional costs of up to 20-25 million pounds ($32 million) related to the cyber incident which rocked the British outsourcing firm in March.
