Microsoft faces a new antitrust complaint in Europe

Microsoft faces a new antitrust complaint in Europe

BRUSSELS— Microsoft Corp. faces an antitrust complaint from a European industry group over its cloud services, adding to the latest allegations of anti-competitive behavior against the US tech company. Cloud Infrastructure Service Providers in Europe, or Cispe, a trade group that includes Amazon.com Inc. among its members, said it filed the complaint with the bloc’s … Read more

$2 Billion Powerball Results Finally Announced: Here Are the Winning Numbers, Does Your Company Pay the Same Wage for the Same Job in Different Locations Across the Country? This research provides insight.

$2 Billion Powerball Results Finally Announced: Here Are the Winning Numbers, Does Your Company Pay the Same Wage for the Same Job in Different Locations Across the Country?  This research provides insight.

Hello, MarketWatchers. Don’t miss these top stories. Housebuilders struggle to find buyers as developer cancellations mount: ‘Build-to-rent market increasingly important’ Homebuilders are struggling amid the housing downturn, UBS analyst John Lovallo told MarketWatch. Read more $2 billion Powerball results finally announced: Here are the winning numbers. The drawing was held after a 10-hour delay. Read … Read more

Microsoft faces a new antitrust complaint in Europe

Microsoft faces a new antitrust complaint in Europe

BRUSSELS— Microsoft corp. MSFT 0.44% is facing an antitrust complaint from a European industry group over its cloud services, adding to the latest allegations of anti-competitive behavior against the US tech company. Cloud Infrastructure Service Providers in Europe, or Cispe, a trade group that includes Amazon.com Inc. among its members, said it filed the complaint … Read more

Airbnb details Roadmap to lower cloud costs

Airbnb details Roadmap to lower cloud costs

Moving by Airbnb Inc. lowering its cloud storage costs in the run-up to its December 2020 IPO has made it better prepared for the possibility of an economic downturn, the home-sharing company said. Analysts say its efforts offer a template for other companies looking to get a handle on spending as more IT shifts to … Read more

Alibaba, Nio, Tencent and other Chinese stocks rise

Alibaba, Nio, Tencent and other Chinese stocks rise

Chinese stocks rose on Monday as investors remained optimistic that coronavirus rules would be eased, despite repeated messages from authorities that China would stay the course with “zero Covid” policies. Major U.S.-listed Chinese stocks were higher in premarket trade, with Ali Baba (ticker: BABA) rises 1.5%, JD.com (JD) 2% in the green, Tencent (700.HongKong) climbing … Read more

How can a trial be fair when the judge works for the prosecutor?

How can a trial be fair when the judge works for the prosecutor?

The ever-growing administrative state has become a fourth branch of government. Unelected, unaccountable, and tenured bureaucrats pass most of the rules that govern Americans’ lives—thousands of new ones every year. To help this bloated administrative state, Congress has created internal courts that have taken over most law enforcement cases from the judiciary. These administrative law … Read more

No guard rails for regulators

No guard rails for regulators

The Supreme Court hears challenges to FTC and SEC abuses.

Former MoviePass executives charged in securities fraud case

Former MoviePass executives charged in securities fraud case

MoviePass, a Netflix-like subscription service for movie theaters, made a splash in 2017 when it debuted. Photo: Andrew Harrer/Bloomberg News Updated November 5, 2022 at 7:30 PM ET Former executives at MoviePass and its predecessor The parent company was indicted in a securities fraud case, accused of defrauding investors, the Justice Department said Friday. Former … Read more

Apple and Google shares just had their worst week in more than two years

Apple and Google shares just had their worst week in more than two years

The shares of Apple Inc. and Alphabet Inc. both suffered their biggest weekly declines since the start of the pandemic this week as Big Tech companies continued to draw closer scrutiny from Wall Street. Apple’s stock AAPL, -0.19% ended down 11.2% for the week, its worst weekly performance since the week ended March 20, 2020, … Read more

Elon Musk says Twitter has had a massive drop in revenue

Elon Musk says Twitter has had a massive drop in revenue

Twitter Inc. has suffered “a massive drop in revenue” due to advertisers cutting back on use of the social media platform, new owner Elon Musk said Friday, as the company began sweeping layoffs just over a week after the billionaire took over . Musk, in a tweet Friday, blamed the cut in advertising on “activist … Read more