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

Elon Musk sells nearly $4 billion of Tesla stock after Twitter acquisition

Elon Musk sells nearly $4 billion of Tesla stock after Twitter acquisition

Elon Musk sold nearly $4 billion in Tesla Inc. TSLA -2.93% stock after buying Twitter Inc. for 44 billion Mr. Musk sold 19.5 million shares in Tesla 4.-8. Nov., according to regulatory disclosures released Tuesday. Tesla’s CEO, who has become the world’s richest person thanks in large part to his stake in the car company, … Read more

Private-equity giants are the latest targets of the SEC’s record-breaking probes

Private-equity giants are the latest targets of the SEC’s record-breaking probes

WASHINGTON—Wall Street’s private equity giants are the latest companies to face regulatory probes into dealmakers’ use of prohibited communications channels. Apollo Global Management Inc., KKR KKR 0.23% & Co. Inc., and Carlyle CG -7.69% Group Inc. revealed on Tuesday that it is facing investigations into whether its employees used messaging apps such as WhatsApp to … Read more

Lucid to raise up to $1.5 billion in stock sale

Lucid to raise up to $1.5 billion in stock sale

LOS ANGELES—Lucid Group Inc. said it may raise up to $1.5 billion through the sale of stock to fund future operations as the electric car maker ramps up factory spending to push out more cars. The EV startup disclosed the fundraising plans in regulatory filings after it said third-quarter losses widened from the same period … 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

US, Taiwan start talks to deepen trade, economic ties

US, Taiwan start talks to deepen trade, economic ties

The United States and Taiwan began two days of face-to-face meetings in New York on Tuesday aimed at strengthening trade and economic ties at a time of heightened tensions between Washington and Beijing. Although the pact will not be concluded until at least next year, Taiwanese officials have said they hoped to deliver an “early … Read more

US, Taiwan start talks to deepen trade, economic ties

US, Taiwan start talks to deepen trade, economic ties

The United States and Taiwan began two days of face-to-face meetings in New York on Tuesday aimed at strengthening trade and economic ties at a time of heightened tensions between Washington and Beijing. Although the pact will not be concluded until at least next year, Taiwanese officials have said they hoped to deliver an “early … Read more

To keep helping Ukraine, the EU appears to be locking in financial aid

To keep helping Ukraine, the EU appears to be locking in financial aid

BERLIN – Amid U.S. pressure to increase aid to Ukraine, the European Union is seeking to lock in $18 billion in financial aid to Kiev next year in a way that would give Brussels greater power to ensure the money is delivered. With US economic and military aid to Ukraine far exceeding Europe’s since the … Read more

Nvidia offers alternative chip to China to remove US export barriers

Nvidia offers alternative chip to China to remove US export barriers

HONG KONG— Nvidia corp. NVDA 1.02% has begun offering an alternative to a high-end chip hit by US export restrictions to customers in China after the new rules threatened to cost the US company hundreds of millions of dollars in lost revenue. Nvidia said the new graphics processor chip, branded A800, meets US restrictions on … Read more

Tensions Between Crypto Giants FTX, Binance Are Spilling Public

Tensions Between Crypto Giants FTX, Binance Are Spilling Public

Tensions between two of the richest men in cryptocurrency erupted into open warfare on Twitter over the weekend, upsetting much of the digital currency world. On the one hand is Sam Bankman-Fried, the founder of crypto trading firm Alameda Research and FTX, a crypto exchange that has grown in size and recognition over the past … Read more