Editor’s Picks

NY Bill Would Loosen Restrictions On Suing Big Tech

NY Bill Would Loosen Restrictions On Suing Big Tech
NY Bill Would Loosen Restrictions On Suing Big Tech
August 06, 2020  |  ANTITRUST

New York State Senate Deputy Leader Michael Gianaris has introduced new legislation to help tamp corporate power and the stifling of competition, according to a...

READ MORE >
Uber To Buy Tech Firm Autocab In UK Expansion Move
Uber To Buy Tech Firm Autocab In UK Expansion Move
August 06, 2020  |  Acquiring

Uber has reached an agreement to acquire British tech company Autocab to give Uber riders in the U.K. access to taxi firms and drivers in...

READ MORE >
Microsoft Eyes Deal For All Of TikTok As Pressure Builds
Microsoft Eyes Deal For All Of TikTok As Pressure Builds
August 06, 2020  |  Partnerships

Microsoft’s initial interest in TikTok’s U.S. operations has dramatically expanded, with the software giant now seeking a blockbuster deal to buy the popular Chinese video-sharing...

READ MORE >
Uber, Lyft Face California Lawsuit Alleging ‘Systematic Wage Theft’
Uber, Lyft Face California Lawsuit Alleging ‘Systematic Wage Theft’
August 06, 2020  |  Legal & Regulation

Already reeling from the coronavirus, Uber’s and Lyft’s fortunes now face another big hit as California’s top labor official takes the ridesharing services to court...

READ MORE >
Wirecard Lenders On The Hook For Millions
Wirecard Lenders On The Hook For Millions
August 06, 2020  |  Cybersecurity

Wirecard AG’s bankruptcy filing is not just having an impact on the once bright German payments company — its insolvency has left a huge gap...

READ MORE >
Lawmakers Plan For New Stimulus Package By Friday
Lawmakers Plan For New Stimulus Package By Friday
August 06, 2020  |  Economy

Lawmakers are working to reach a deal on the next stimulus package before Friday (Aug. 7), which could deliver a second round of $1,200 checks as early as next...

READ MORE >
US Jobless Claims Fall To 1.2M In Latest Week, But Top 55M Since Pandemic Began
US Jobless Claims Fall To 1.2M In Latest Week, But Top 55M Since Pandemic Began
August 06, 2020  |  Economy

The number of Americans who filed for unemployment benefits fell last week after two consecutive weeks of increases, the U.S. Department of Labor (DOL) reported...

READ MORE >
Bank Of England Ups Monzo’s Capital Requirements
Bank Of England Ups Monzo’s Capital Requirements
August 06, 2020  |  Banking

Monzo Bank Ltd,  the London-based online bank, must now have a capital worth of 13.6 percent of its risk-weighted assets to guard against potential losses....

READ MORE >