2 min read
Business

Tech giant Apple faces legal battle over alleged iPhone monopoly practices

Apple is facing legal action in a groundbreaking lawsuit that accuses the tech giant of maintaining a monopoly on iPhone app distribution. The case, filed in a federal court, alleges that Apple’s control over the App Store has limited competition and resulted in higher prices for consumers.

2 min read
Business

Controversy Surrounds Decision by Big Chain Drugstores to Stock Abortion Pill Ahead of Landmark SCOTUS Case

Major drug stores across the country have started selling the abortion pill ahead of a landmark Supreme Court case. This move has sparked controversy among women’s health advocates and anti-abortion groups.

3 min read
Business

Landmark achievement for Uber as it reveals first annual profit as a limited company.

Uber, the global ride-hailing giant, recently announced its first annual profit since becoming a limited company. This development marks a significant milestone for the tech company, which has faced financial challenges in the past. With a new focus on profitability, Uber is poised to strengthen its position in the competitive market.

3 min read
Business

Legal Showdown: Binance Faces SEC in Milestone Crypto Case with Oral Arguments Underway

The highly anticipated legal battle between cryptocurrency exchange Binance and the U.S. Securities and Exchange Commission (SEC) has commenced. The courtroom was filled with tension as both sides presented their opening statements. This landmark case has significant implications for the crypto industry and the regulations surrounding it.

3 min read
Business

Bitcoin Declines by 20% as US Spot ETFs Debut: Market Reacts to Landmark Development

Since the launch of the long-awaited US spot Bitcoin exchange-traded funds (ETFs) on February 9th, the popular cryptocurrency has experienced a significant decline. Bitcoin’s value has dropped by approximately 20% within a span of just a few weeks, causing concern among investors and the cryptocurrency community as a whole.

3 min read
Business

Swedish Battery Manufacturer Northvolt Raises Record-breaking $5 Billion to Transform the Energy Storage Market

Swedish battery manufacturer, Northvolt, has announced a groundbreaking achievement by securing a whopping $5 billion in funding. The company aims to use this capital injection to further its mission of producing high-quality batteries for electric vehicles and renewable energy storage. With this significant financial backing, Northvolt is poised to become a major player in the burgeoning battery industry.

3 min read
Business

Rubio’s Game-Changing Legislation Bans Anonymous Shell Companies from Buying Houses

A groundbreaking law spearheaded by Senator Marco Rubio is set to put an end to the troubling practice of anonymous shell companies purchasing residential properties across the United States. The new legislation, which will come into effect next month, marks a significant milestone in the ongoing battle against money laundering and illicit activities.

3 min read
Business

AI cannot be patent ‘inventor’, UK Supreme Court rules in landmark case

The UK Supreme Court has recently ruled that Artificial Intelligence (AI) systems cannot be recognized as inventors under current patent law. In a groundbreaking decision, the court dismissed an appeal by an inventor seeking to name an AI system as the creator of a new technology. This ruling has significant implications for the future of intellectual property rights and the legal definition of inventorship.