Italy’s communications watchdog has fined Alphabet Inc’s YouTube and Amazon’s Twitch for allegedly breaching rules which ban gambling advertising in the country.
Apple supplier Foxconn plans to invest an additional 139.11 billion rupees ($1.67 billion) in India’s Karnataka state, the state government said in a statement on Tuesday.
The U.S. Transportation Department said Tuesday it is launching a regulatory effort aimed at eventually mandating technology to prevent intoxicated drivers from starting vehicles.
The United States has seized digital currency worth about half a million dollars from an account registered to a Chinese man who featured in a Reuters investigation into crypto-investment fraud run from Southeast Asia.
Buy now, pay later company Affirm said it is teaming up with a major provider of retail-branded gift cards to let shoppers purchase digital gift cards for the holiday season and pay for them with installment payments spread over as many as 12 months.
Taiwan’s Gogoro has started manufacturing electric scooter bikes in India and will set up around 100 battery swap stations by mid-2024, its CEO said on Tuesday, marking its entry into one of the world’s fastest-growing vehicle markets.
Global sales of battery electric vehicles (BEV) and plug-in hybrids (PHEV) rose 20% versus a year ago as strong growth in North America and China offset lower sales in Europe, according to market research firm Rho Motion.
Amazon will defend its $1.4 billion purchase of robot vacuum maker iRobot at a closed EU hearing on Dec. 18, a person with direct knowledge of the matter said, three weeks after EU antitrust regulators said the deal may squeeze out rival robot cleaners on its online marketplace.
Apple has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that could settle EU antitrust charges and stave off a possible hefty fine.
Oracle shares slumped 10.4% on Tuesday as another quarter of below-expectations cloud sales and a bleak forecast amplified concerns over the pace of growth at the business expected to benefit from a boom in generative AI.
