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$20 billion deal between Adobe and Figma will be investigated

Politico reported yesterday that the U.S. Department of Justice will soon start investigating the takeover of Figma by Adobe, which is worth up to $20 billion.

3 November 2022
Ripple's allies in the conflict with the SEC are growing in number

Ripple Labs is still suing with the SEC. In this regard, cryptocurrency exchange Coinbase, located in the United States, has asked for help for the technology company. The exchange was the latest company to join in supporting Ripple Labs in its conflict with the SEC.

2 November 2022
India's Appario to stop selling on Amazon

Appario will stop listing items on the shopping site. The U.S. company made this announcement after facing accusations from regular retailers that it had given preferential treatment to this seller.

1 November 2022
Biden threatens oil and gas companies with additional taxes

US President Joe Biden urged oil and gas companies to use their record profits to reduce gasoline prices for U.S. citizens. If the companies refuse to do so, the President threatens them with additional taxes.

1 November 2022
Google ceases the work of its billing system in India

Reuters agency reports that Alphabet Inc Google cancels the requirement of the policy according to which the Indian application developers were obligated to acquire digital goods and services via Google Play automatic billing system.

1 November 2022
U.S. authorities will test the effectiveness of Paxlovid in treating protracted COVID

As part of the RECOVER initiative, the antiviral drug Paxlovid from Pfizer Inc. was chosen as the first drug to be studied in patients with long-term COVID.

31 October 2022
Ford to pay $105 million in trade secrets case

Ford was ordered to pay $104.6 million in damages to Versata Software Inc. According to the lawsuit, the automaker was found guilty of violating a 2004 licensing contract and misusing trade secrets.

31 October 2022
Pfizer suspected of hiding $1.2 billion profit in Italy

According to some reports, the pharmaceutical company Pfizer is under the scrutiny of the Italian police because it is suspected of hiding $1.2 billion in Italy. It’s believed that the company was able to hide such a huge amount by transferring money to foreign units.

27 October 2022
India's antitrust regulator fined Google for another $113 million

Google Corporation, owned by the U.S. holding company Alphabet Inc. has been fined $113 million by India.

27 October 2022
Apple will comply with iPhone charger law

Apple Chief Marketing Officer Greg Joswiak said that Apple Inc. will have to comply with European Union law that is why iPhones will be equipped with a USB-C charger.

26 October 2022