Business

Shareholder sues Netflix over subscriber slip

A Netflix shareholder is seeking class action status for a lawsuit accusing the streaming television titan of not making it clear that subscriber numbers were in peril.

Business

Apple's revenue, profit top analyst views in latest quarter

Apple on Thursday reported quarterly results that topped analysts' profit projections despite supply shortages, economic fallout from the Russia-Ukraine war and a growth slowdown from the huge sales lift that technology products ...

Business

Five things to know about the EU's landmark digital act

EU lawmakers and officials have agreed the main points of a landmark piece of legislation, known as the Digital Markets Act (DMA), that aims to loosen the grip held by Big Tech on life online.

Business

Shares of Facebook parent Meta plunge 23% on lower profits

Newly renamed Meta is investing heavily in its futuristic "metaverse" project, but for now, relies on advertising revenue for nearly all its income. So when it posted sharply higher costs but gave a weak revenue forecast ...

Automotive

VW and Bosch join forces to rev up automated driving

Car giant Volkswagen and parts supplier Bosch have embarked on an "extensive partnership" to bring automated driving to the mass market by next year, the German companies said on Tuesday.

Business

Security scanners across Europe tied to China govt, military

At some of the world's most sensitive spots, authorities have installed security screening devices made by a single Chinese company with deep ties to China's military and the highest levels of the ruling Communist Party.

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