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Thursday, August 16, 2018

ZTE Back in Business with a Fine, Management Changes, and New Oversight

The U.S. government told lawmakers that they are ready to put the Chinese telecom company ZTE back in business. A senior congressional aide made...

Samsung to Pay Apple for Patent Infringement

On Thursday, a U.S. jury decided that Samsung Electronics will pay $539 million to Apple, Inc. This decision comes after almost five years of...

GE Pursues Natural Gas While Others Switch to Solar and Wind

Dominion Energy, Inc. and Vista Energy Corp. are companies that serve approximately 5.5 million customers with electricity in more than 10 states in the...

Shipchain among the targets of the largest ICO crackdown “Operation Cryptosweep”

State and provincial regulators in the United States and Canada launched “Operation Cryptosweep.” It is one of the largest enforcement action against fraudulent initial...

Tesla’s Autopilot Under Fire

Two U.S. consumer advocacy groups urged the Federal Trade Commission to investigate Tesla. They feel that Tesla’s ads are misleading with use of the...

Pres. Trump promises Pres. Xi to look into ZTE but “no deal” to help...

President Donald Trump clarified that there is no deal to help ZTE get back into business. However, he promised Chinese Pres. Xi Jinping to...

Tesla’s Model 3 Has Poor Braking?

Elon Musk, Chief Executive Officer of the Tesla, Inc., stated on Monday that their Model 3 sedan has a braking issue. The issue was...

PayPal Purchases iZettle Card Readers

PayPal Holdings, Inc. decided to buy financial technology startup iZettle from Sweden. This is the largest purchase by PayPal as they paid $2.2 billion. This...

Lu Qi Stepping Down from Chinese Search Engine Baidu

On Friday, the biggest search engine in China (Baidu) said that Lu Qi is quitting his position as a chief operating officer. He supervised...

Cut Imports by $200 Billion US Tells China

Trump’s administration is demanding that China cut the country’s trade excess with the United States. Larry Kudlow is an economic adviser for the White...

Must Read

New York Sues Purdue Pharma for Alleged Marketing Fraud of Opioids

The State of New York has sued Purdue Pharma for allegedly committing widespread fraud and deception in marketing opioid products. Gov. Andrew Cuomo and State...