Alphabet Inc.’s Google stymied the development of an upstart search app by invoking its exclusive revenue-sharing deals with Samsung Electronics Co., Verizon Communications Inc., AT&T Inc. and T-Mobile Inc., the founder of a tech startup told a judge.
US consumer spending advanced at half the pace as previously reported in the second quarter, largely due to weaker services outlays, according to government figures published Thursday.
George Soros’ $25 billion charity is on the cusp of a transformation that will reshape its operations, slash its staff and test whether his son Alex is ready to head one of the world’s biggest and most influential philanthropies.
Nigeria plans to overhaul its tax system to shift more of the burden to wealthy citizens while cutting corporate taxes.
Saudi Aramco agreed to buy a stake in MidOcean Energy for $500 million, its first investment in liquefied natural gas as the company seeks to diversify beyond its core oil business.
Prime Minister Rishi Sunak gave the strongest indication yet that his government will scrap the northern leg of the UK’s flagship high-speed HS2 rail project, and offered a glimpse of how he’s likely to justify the decision to voters: more money for other train services, buses and repairing potholes.
Apple Inc. said it has asked the US Supreme Court to review a judge’s ruling from two years ago that could diminish the billions of dollars in revenue its App Store generates by letting app developers direct users to alternative payment methods.
German inflation plunged to its lowest level in two years after the effect of heavily discounted public transport last summer disappeared from the comparison.
The chief executive officer of Jasper, a startup whose software helps companies create marketing materials, is stepping down and will be replaced by Timothy Young, who was previously president of Dropbox Inc.
Nestle SA said the total amount of food and drink sold globally has been falling since the start of the year, highlighting the challenge for the sector.
