Business

Amazon hit with antitrust suit in US capital city

Amazon was hit Tuesday with an antitrust suit from the US capital city Washington, claiming the tech giant abuses its dominant position in online retail sales, harming consumers.

Automotive

US expands access to EV subsidies in proposed rules

US officials proposed Friday guidelines that widen access to electric vehicle subsidies, bringing relief to countries like Japan and potentially the EU amid their fears of being excluded from Washington's spending bonanza.

Business

Facebook's crypto project Diem sold after pushback

The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million sale of its technology, capping a years-long initiative that drew significant concern from regulators.

Business

Indonesia investigating Google over app store payment system

Indonesia has launched an anti-trust investigation into Google over the etch firm's insistence that its payment system be used for purchases from its app store, authorities said Thursday, accusing it of unfair business practices.

Internet

Canada media seek probe of Meta's news block

Media on Tuesday asked Canada's competition watchdog to investigate Meta's blocking of news articles on Facebook and Instagram, accusing the tech giant of using its dominance to gobble up online advertising money.

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