Bloomberg Business

DOJ Google Antitrust Case Wraps With Apple Deal on Center Stage

Google pays as much as $10 billion per year to ensure that users access the internet through its search engine — payments that have blocked startups and fellow tech giants Apple Inc. and Microsoft Corp. from competing, according to the US Justice Department.

China Charges Japanese Executive Detained For Spying

A Japanese pharmaceutical company executive who was detained in Beijing on allegations of espionage has been formally charged, escalating a problem that has damaged ties between the two Asian neighbors and hit investor confidence in China.

TSMC Foresees Long-Awaited Chip Recovery After Outlook Beat

Taiwan Semiconductor Manufacturing Co. projected revenue ahead of estimates and predicted the worst could soon be over for the chip industry, bolstering a growing view that tech demand could recover from its post-Covid funk going into 2024.

Sanctions Fail to Stop Kim Jong Un Snapping Up Luxury Watches, Bags

North Korea has resumed its buying of high-end watches, famous brand bags and designer clothes for Kim Jong Un, his family and aides despite an international ban on luxury good exports to the country, according to South Korea’s unification ministry.

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