As per a report from The Information, Broadcom Inc has come under scrutiny from the U.S. Federal Trade Commission (FTC) following complaints that it is forcing exclusive agreements with customers. As per the report, the FTC is in the early stages… Read More ›
complaints
Australia will introduce legislation to force tech giants to act on defamatory content: Australian Prime Minister Scott Morrison
In a statement Australian Prime Minister Scott Morrison said, Canberra will soon introduce legislation to make social media giants provide details of users who post defamatory comments. The development comes at a time when the Australian government is looking to… Read More ›
Activision Blizzard settles discrimination, sexual harassment claims with Equal Employment Opportunity Commission
In a statement videogame publisher Activision Blizzard along with the U.S. Equal Employment Opportunity Commission (EEOC) said, they have agreed to settle claims over sexual harassment and discrimination in the company’s workplace. Under the agreement, Activision has committed to create a… Read More ›
Antitrust probe by Italy’s AGCM looms ahead of McDonald’s, franchise business model in focus
According to a document from Italian antitrust authority AGCM, the regulator will investigate the terms and conditions in McDonald’s agreements with franchise operators following several complaints. The development could see the U.S. fast-food chain at risk of a hefty fine of… Read More ›
Financial sector optimistic on U.S.-China Phase 1 trade deal
Under the recent Phase 1 U.S.-China trade deal, China has agreed to expedite by nine months a previous December 2020 deadline for removing foreign ownership caps on securities firms, which includes investment banking, underwriting and brokerage operations. The Phase 1… Read More ›
Trevor Edwards resigns as Nike’s president
Trevor Edwards will advise Mark Parker, Nike’s CEO until his retirement in August 2018. A spokeswoman for Nike Inc stated, its brand President Trevor Edwards has resigned and is set to retire in August 2018. The Wall Street Journal had… Read More ›