The U.S. Justice Department is preparing an investigation of Alphabet Inc's Google to determine whether the tech giant broke antitrust law in operating its sprawling online businesses, two sources familiar with the matter said.
A U.S. judge on Friday denied Facebook Inc.'s request to dismiss a lawsuit by the Washington, D.C. attorney general over the social media giant's improper sharing of 87 million users' data with British political consulting firm Cambridge Analytica.
Total will take over Toshiba's U.S. liquefied natural gas business and get $800 million cash from the Japanese group as part of the deal, the companies said on Saturday, weeks after attempts to sell it to a Chinese buyer fell through.
French energy company Total said on Friday that it expected Papua New Guinea's incoming government to honour a contract signed by the previous administration for a liquefied natural gas project in the South Pacific archipelago.
The United States began collecting higher, 25% tariffs on many Chinese goods arriving in U.S. seaports on Saturday morning in an intensification of the trade war between the world's two largest economies and drawing retaliation from Beijing.
The information office of China's State Council, or cabinet, said it would release a white paper on U.S.-China trade talks on Sunday, the official Xinhua news agency reported.
The Indian government said on Saturday it will continue to seek to build strong economic ties with the United States despite a decision by U.S. President Donald Trump to end preferential trade treatment for India from June 5.
Kim Bo-Min, a Starbucks barista, paid 140,000 won ($118) for a round-trip from her hometown of Daegu to the popular resort island of Jeju, arriving on T'Way Air Co Ltd, part of South Korea's rapidly growing low-cost airline sector.
Bank of Russia head Elvira Nabiullina has told deputies of the State Duma (parliament) in Russia that her organization is wary of cryptocurrencies, Pravo reports: “We are against the legalization of cryptocurrency as a means of payment. We believe that there are big risks for... Read More
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China will open an investigation into whether FedEx Corp damaged the legal rights and interests of its clients, the official Xinhua news agency reported on Saturday.
Tethers, controversial “stable” crypto-coins created to allow quick moves in and out of cryptocurrency trading positions are being introduced onto the EOS network, a newer rival of the Bitcoin and Ethereum networks. Tethers are issued by the Tether company, which announced the plan May 31st... Read More
The post Tethers Spreading: Controversial “Stablecoins” Moving onto EOS, Liquid and Lightning Networks appeared first on Crowdfund Insider.
Funding Report for May 2019
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“We have a crypto family at the SEC.” Yesterday, the Security and Exchange Commission (SEC) held its first Fintech Forum in quite some time with the event focusing specifically on distributed ledger technology (DLT or blockchain) and digital assets. The new tech has challenged the... Read More
The post Fintech Forum: SEC Director of Corporate Finance Says it is Possible for a Token to Trade and NOT be a Security appeared first on Crowdfund Insider.
Mexican President Andres Manuel Lopez Obrador said on Saturday he was encouraged by U.S. willingness to have dialogue over a plan by President Donald Trump to impose tariffs on Mexican goods and said he expected good results from a meeting in the coming days with the American side.
An anonymous bidder has agreed to pay a record $4,567,888 at an annual charity auction to have a private lunch with Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc.