Posted in Benzinga

Ben & Jerry’s Joins Advertising Boycott On Facebook’s Platforms To Protest Against Alleged Inaction Over Racism

Unilever NV (NYSE: UN) subsidiary Ben & Jerry’s on Tuesday announced it is joining the “Stop Hate For Profit” campaign. What Happene …

Posted in Benzinga

Ben & Jerry’s Joins Advertising Boycott On Facebook’s Platforms To Protest Against Alleged Inaction Over Racism

Unilever NV (NYSE: UN) subsidiary Ben & Jerry’s on Tuesday announced it is joining the “Stop Hate For Profit” campaign. What Happene …

Posted in Benzinga

Apple To Let Developers Challenge App Store Guidelines, Push Bug Fixes After Uproar

Apple Inc. (NASDAQ: AAPL) announced Monday that it’s making changes to improve the experience of app makers during the review process at …

Posted in Benzinga

MLB Plans To Play A 60-Game Season: Report

Major League Baseball late Monday announced that clubs have voted unanimously to proceed with the 2020 season under a March agreement struck with …

Posted in Benzinga

Apple ‘Advancing What Only Apple Can Do’: Early Analyst Reactions To WWDC 2020

Apple Inc. (NASDAQ: AAPL) kicked off its annual Worldwide Developers Conference on Monday. Here is the early reaction of the consumer electronics …

Posted in Benzinga

Wirecard Pulls 2019 Preliminary Results, Says Missing $2.1B Likely Doesn’t Exist

After falling more than 80% last week, Wirecard AG (OTC: WRCDF)(OTC: WCAGY) on Monday pulled its previously-reported preliminary earnings results for …

Posted in Benzinga

Tesla Shareholders Meeting, ‘Battery Day’ Moved To September

Tesla Inc. (NASDAQ: TSLA) has moved its annual shareholders meeting tentatively to September 15, the company’s Chief Executive Officer Elon Musk a …

Posted in Benzinga

Bitcoin Scammers Used Elon Musk’s Name To Profit $2M Over Two Months

Scammers used Tesla Inc. (NASDAQ: TSLA) Chief Executive Officer Elon Musk’s name to rake in more than $2 million in Bitcoin (BTC) in the last…

Posted in Benzinga

Facebook Looks To Take Over Bankrupt Neiman Marcus’ Retail Space At Hudson Yards: Report

Facebook Inc. (NASDAQ: FB) is in discussions to take over luxury fashion retailer Neiman Marcus’ space at Manhattan’s Hudson Yards, according …

Posted in Benzinga

Grocery Retailer Albertsons Plans To Raise $1.3B In IPO

Albertsons on Thursday said it expected to raise up to $1.3 billion in its initial public offering. IPO Pricing The grocery retailer is hoping to …

Posted in Benzinga

Tesla Asks Texas For Tax Incentives As It Proposes To Start Construction For New Factory By Q3

Tesla Inc. (NASDAQ: TSLA) filed an application with an Austin-area school district in Travis County, Texas earlier this month asking for tax incentive …

Posted in Benzinga

Alibaba, JD.com Sales On Major Chinese Shopping Holiday Top $136B Despite Coronavirus Impact

Alibaba Group Holding Ltd. (NYSE: BABA) and JD.com Inc. (NASDAQ: JD) made record sales at the “618” shopping festival in China on Thursday, …

Posted in Benzinga

Hertz Abandons Controversial $500M Stock Sale, Seeks Bankruptcy Loan

Hertz Global Holdings Inc. (NYSE: HTZ) on Thursday in a filing with the United States Securities and Exchange Commission said it had abandoned a …

Posted in Benzinga

Amazon And Valentino Jointly Sue New York Designer For Counterfeiting Shoes

Amazon.com Inc. (NASDAQ: AMZN) and Italian luxury clothing company Valentino have filed a joint lawsuit against New York-based Kaitlyn Pan Group …

Posted in Benzinga

Apple Keeps Rejecting Facebook’s Gaming App For iPhones, iPads, Sparking Another Antitrust Row

Apple Inc. (NASDAQ: AAPL) has denied Facebook Inc.’s (NASDAQ: FB) new gaming app entry to its app store for iPhones and iPads, the New York…

Posted in Benzinga

Lyft To Switch To 100% All-Electric Vehicles By 2030

Lyft Inc. (NASDAQ: LYFT) on Wednesday announced that all-electric vehicles would make up for 100% of its fleet by 2030. Coronavirus Changed The C …

Posted in Benzinga

Zoom Will Finally Offer End-To-End Encryption For Free Users

Zoom Video Communications Inc. (NASDAQ: ZM) on Wednesday announced it would let free users access end-to-end encryption on its platform. What Hap …

Posted in Benzinga

Spyware Google Chrome Extensions Downloaded 32M Times In ‘The Most Far-Reaching Malicious Campaign To Date,’ Researchers Say

Alphabet Inc.’s (NASDAQ: GOOGL) (NASDAQ: GOOG) Google Chrome web browser was discovered to be hosting multiple app extensions carrying spyware, Re …

Posted in Benzinga

JD.com Shares Surge In Hong Kong Debut

The shares of JD.com Inc. (NASDAQ: JD) were trading 3.54% higher in its Hong Kong debut at press time on Wednesday. What Happened The Chinese…

Posted in Benzinga

Nikola Threatens Bloomberg With Lawsuit Over Article That Said Founder Exaggerated The Capability Of Company’s Debut Truck

Nikola Corporation (NASDAQ: NKLA) Chief Executive Officer Trevor Milton on Wednesday said the company had served a legal notice to Bloomberg and …

Posted in Benzinga

Spotify Strikes Exclusive Deal With Kim Kardashian West On A Criminal Justice Podcast

Spotify Technology SA (NYSE: SPOT) has signed an exclusive deal with reality star Kim Kardashian West for a podcast, the Wall Street Journal reported …

Posted in Benzinga

Apple Diversity Chief Departs Days After Company Committed $100M To Fighting Racial Inequality

Apple Inc. (NASDAQ: AAPL) Head of Diversity and Inclusion Christie Smith departed the company on Tuesday, Bloomberg reported. What Happened “Incl …

Posted in Benzinga

Google Kicks Out Financial Blog ZeroHedge From Advertising Platform Over Racism, Warns The Federalist

Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google LLC has banned right-wing financial publication ZeroHedge from its advertising platform …

Posted in Benzinga

Facebook Will Allow Users To Turn Off All Political Ads

Facebook Inc. (NASDAQ: FB) is rolling out a new feature that will let users avoid all political advertisements on its platform, Chief Executive Office …

Posted in Benzinga

Needham Says Amazon’s Media Business Worth $500B Based On ‘Hidden Asset Value’

Amazon.com Inc.’s (NASDAQ: AMZN) media products have “hidden asset values” and are worth closer to $500 billion, about the same as its c …

Posted in Benzinga

GM To Observe Silence Globally To Recognize Juneteenth, Express Solidarity With Black Community

The General Motors Company (NYSE: GM) will observe Juneteenth with a 8 minutes 46 seconds long silence on all its facilities globally, President Mark …

Posted in Benzinga

Norwegian Plummets 12% As Company Says Cruises Won’t Take To The Sea For Another Few Months

The shares of Norwegian Cruise Line Holding Ltd. (NYSE: NCLH) dipped nearly 12.4% in the after-hours session on Tuesday. What Happened The dip followe …

Posted in Benzinga

Tesla Says Model S Long Range Plus Finally Received 402 Miles Rating From EPA, Confirms $5,000 Price Cut

Tesla Inc (NASDAQ: TSLA) announced on Monday that all of its Model S Long Range Plus electric vehicles in North American have an official ra …

Posted in Benzinga

PG&E Expected To Plead Guilty For 2018 Wildfire Deaths Today

PG&E Corporation (NYSE: PCG) is planning to plead guilty to 84 felony counts of involuntary manslaughter in the 2018 California wildfire case on T …

Posted in Benzinga

Amazon Tells Congress CEO Jeff Bezos Ready To Testify In Antitrust Probe

Amazon.com Inc. (NASDAQ: AMZN) lawyers in a letter on Sunday told the House of Representative members that the company’s Chief Executive Officer J …

Posted in Benzinga

FDA Withdraws Emergency Use Authorization For Hydroxychloroquine

The United States Food and Drug Administration on Monday withdrew the emergency use authorization it granted for hydroxychloroquine and chloroquine su …

Posted in Benzinga

T-Mobile Outage Disrupts Wireless Network Across US, Companies Deny DDoS Attack

T-Mobile US Inc. (NASDAQ: TMUS) on Monday suffered a widespread outage across the United States, disrupting connectivity across cellular networks. Wha …

Posted in Benzinga

Walmart Acquires Health Management Startup CareZone’s Technology, Reportedly For $200M

Walmart Inc. (NYSE: WMT) has acquired CareZone’s technology and intellectual property, the retailing giant confirmed to CNBC on Monday. What Happe …

Posted in Benzinga

Early Coronavirus Vaccines Likely To Target Further Complications, Not Infection, Health Experts Say

Some of the earliest novel coronavirus (COVID-19) vaccines to be approved are more likely to target prevention against developing severe symptoms from …

Posted in Benzinga

Former Nissan CEO Ghosn Was Set Up By Company Executives: Bloomberg

Former Nissan Motor Co. Ltd. (OTC: NSANY) executives started plotting to oust Chairman Carlos Ghosn almost a year ahead of his arrest in 2018, Bloombe…

Posted in Benzinga

AstraZeneca Strikes Deal With Four EU Countries Over 400M Coronavirus Vaccine Doses

AstraZeneca plc (NYSE: AZN) on Saturday said it had reached an agreement with Europe’s Inclusive Vaccines Alliance (IVA) to supply 400 millio …

Posted in Benzinga

Catterton, TPG Invest $848M In Facebook-Backed Jio Platforms, Bringing Company’s Funding To $13.7B In 2 Months

Connecticut-based private equity firm L Catterton and Australian telecom giant TPG Telecom Ltd (OTC: TSLX) have become the latest investors in Indian …

Posted in Benzinga

AT&T Reportedly Considers Selling Warner Gaming Division In A Deal That Could Fetch $4B

AT&T Inc. (NYSE: T) is in discussions with multiple companies to sell its subsidiary Warner Bros. Interactive Entertainment, according to a CNBC r …

Posted in Benzinga

ByteDance Explores Partnership With Singapore’s Lee Business Family For Digital Banking License: Report

ByteDance is exploring a partnership with Singapore’s influential Lee business family for its digital banking license in the country, the Financia …

Posted in Benzinga

Tesla Adds Wireless Charging, USB-C Ports To US-Made Model 3 Cars: Report

Tesla Inc. (NASDAQ: TSLA) is adding a wireless phone charger and USB-C ports to its Model 3 electric vehicles in the United States, Electrek repo …

Posted in Benzinga

DoorDash Close To Securing Funding At $15B Pre-Money Valuation: WSJ

Food delivery company DoorDash is nearing a deal to get new funding led by existing investor T. Rowe Price Group Inc. (NASDAQ: TROW), the Wall…

Posted in Benzinga

Netflix Looks To Partner With India’s Reliance For Original Local Content In Key Market

Netflix, Inc. (NASDAQ: NFLX) is in talks with Indian behemoth Reliance Industries Ltd.’s subsidiary Network18 to source local content, Reuters rep …

Posted in Benzinga

EU To Bring Formal Charges Against Amazon In Antitrust Investigation: Report

The European Union is planning to bring formal charges against Amazon.com Inc. (NASDAQ: AMZN) in its investigation into the e-commerce giant’s ant …

Posted in Benzinga

Starbucks Faces Boycott Calls As It Bans ‘Black Lives Matter’ Related Apparel At Work

Starbucks Corporation (NASDAQ: SBUX) on Thursday faced boycott calls across social media after a report said the company banned retail employees …

Posted in Benzinga

Google Looks To Limit Discrimination In Housing, Employment, Credit Ads A Year After Facebook Settled Similar Lawsuit

Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google on Thursday announced it was going to limit ad targeting for advertisements related to …

Posted in Benzinga

Zoom Admits It Removed US Activist Accounts On China Government ‘Request’

Zoom Technologies Inc. (NASDAQ: ZM) on Thursday admitted it had removed two activist accounts in the United States and one in Hong Kong upon a…

Posted in Benzinga

Microsoft Follows Amazon, IBM To Ban Sale Of Facial Recognition Technology To US Police

Microsoft Corporation (NASDAQ: MSFT) on Thursday said it will no longer sell its facial recognition technology to police departments in the United Sta …

Posted in Benzinga

A Cryptocurrency User Paid $2.6M In Transaction Fee To Send $136 — Twice

An anonymous user paid approximately $2.6 million in transaction fee to transact small amounts of money in the Ethereum (ETH) cryptocurrency two times …

Posted in Benzinga

Ford Recalls 2.5M Cars In The US As Faulty Door Latch Can Potentially Cause Injury

The Ford Motor Company (NYSE: F) on Wednesday announced it was recalling about 2.5 million vehicles in the United States due to safety lapses. Wh …

Posted in Benzinga

Apple Abandons iTunes U In Favor Of More Modern Apps

Apple Inc. (NASDAQ: AAPL) on Wednesday announced it will discontinue “iTunes U” at the end of next year, as first reported by MacRumors. Wha …

Posted in Benzinga

Uber, Lyft Shares Drop As California Regulator Rules Drivers Are Now Employees Under State Laws

The shares of Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (NASDAQ: LYFT) dropped in the regular and after-hour sessions on Wednesday as a Califo…

Posted in Benzinga

Twitter To Ask Users If They Have Read The Article Before Retweeting

Twitter Inc. (NASDAQ: TWTR) is rolling out a new feature to limit misinformation on its social media platform, it announced Wednesday. What Happened T …

Posted in Benzinga

Tailored Brands Shares Jump Nearly 22% As Company Gives Q1 Update

The shares of Tailored Brands, Inc. (NYSE: TLRD) jumped in the after-hours session on Wednesday as the company gave a business update for the first…

Posted in Benzinga

Starbucks To Close 400 US Stores As It Restructures Business, Expects $2.2B Decline In Q3

Starbucks Corporation (NASDAQ: SBUX) on Wednesday shared its forecast for the third quarter of its financial year in a filing with the Securities and …

Posted in Benzinga

Johnson & Johnson To Start Coronavirus Vaccine Human Trials Ahead Of Schedule In July

Johnson & Johnson (NYSE: JNJ) will begin the human clinical trials of its novel coronavirus (COVID-19) vaccine in July, the company announced Wedn …

Posted in Benzinga

MGM To Restart 5 Other Las Vegas Resorts In Coming Weeks

MGM Resorts International (NYSE: MGM) on Tuesday announced it is planning to resume operations at five more of its Las Vegas properties. What Happened …

Posted in Benzinga

Apple To Let Users Trade In Their Mac Computers For Credit At US, Canada Stores: Report

Apple Inc. (NASDAQ: AAPL) is going to let its customers turn in their old Mac devices at its retail outlets in US and Canada in exchange…

Posted in Benzinga

Key Tesla Executive Behind Shanghai Gigafactory Leaves Company After 5 Years

Tesla Inc. (NASDAQ: TSLA) Vice President of Business Development Robin Ren has departed the company, Electrek reported late Tuesday. What Happened Ren …

Posted in Benzinga

Cramer Says Don’t Fall For Hertz’s Cheap Price, Warns Against Bankrupt Stocks

The shares of Hertz Global Holdings plc (NYSE: HTZ) may be trading cheap following its bankruptcy filing, but that doesn’t make it a good buy,…

Posted in Benzinga

GameStop Shares Drop Nearly 7% As Company Reports Q1 Earnings Miss

The shares of GameStop (NYSE: GME) dipped 6.85% in the after-hours session on Tuesday as the video game retailer missed analyst expectations in its fi…

Posted in Benzinga

Big Tech Reaches New Record Heights At The Stock Market

Shares of several major technology companies, including Facebook Inc. (NASDAQ: FB), Apple Inc. (NASDAQ: AAPL), Amazon Inc. (NASDAQ: AMZN), and Mi …

Posted in Benzinga

IRS Alerts Against Criminals Profiteering From Fake Coronavirus Treatments, Charities, Phishing, Other Financial Fraud

The United States Internal Revenue Service said in a statement on Monday it had identified multiple malicious actors taking advantage of the …

Posted in Benzinga

Revlon, Chanel, L’Oréal Are Quietly Removing Talc From Their Products As Cancer Lawsuits Mount: Report

Revlon Inc. (NYSE: REV), L’Oréal SA (OTC: LRLCY), and Chanel have either eliminated or are in the process of eliminating talc from the …

Posted in Benzinga

Alibaba To Add 5,000 Workers To Its Cloud Division As It Plans $28B Investment

Alibaba Group Holdings Ltd. (NYSE: BABA) on Tuesday said it was planning to add another 5,000 employees in its cloud unit by the end of…

Posted in Benzinga

Carvana Rival Vroom Raises $467.5M In IPO As Online Auto Retail Business Sees Surge

Vroom Inc. on Monday raised $467.5 million in its initial public offering. What Happened The online auto retailer said it sold 21.2 million shares pri…

Posted in Benzinga

3M Sues Amazon Seller For Price Gouging Of Its N95 Masks During Coronavirus Pandemic

A maskmaker company 3M Co. (NYSE: MMM) has sued a third-party seller on Amazon.com Inc.’s (NASDAQ: AMZN) e-commerce platform for engaging in …

Posted in Benzinga

Retailer Michaels’ Shares Make All-Time Record 58.6% Jump As JPMorgan Upgrades Stock

The Michaels Companies Inc. (NASDAQ: MIK) shares made a record single-day jump on Monday as JPMorgan Chase & Company upgraded the company’s st …

Posted in Benzinga

Tesla, Amazon Backer Baillie Gifford Invests $35M In Air Taxi Startup Lilium

Baillie Gifford has invested $35 million in Germany-based air-taxi startup Lilium, the Financial Times reported. What Happened The United Kingdom-base …

Posted in Benzinga

IBM Discontinues Facial Recognition Technology, Says It Can’t Condone ‘Racial Profiling’ Or ‘Mass Surveillance’

International Business Machines Corporation (NYSE: IBM) Chief Executive Officer Arvind Krishna said on Monday the company is no longer offering genera …

Posted in Benzinga

Facebook-Backed Jio Platforms Gets $750M From Abu Dhabi Sovereign Fund As It Looks To Challenge Amazon, Walmart In India

Indian behemoth Reliance Industries Ltd.’s digital arm Jio Platforms has raised $750 million from Abu Dhabi’s sovereign wealth fund, it announ …

Posted in Benzinga

Chinese Online Grocery Seller Dada Welcomes ‘Better Auditing And Regulation,’ As Company Starts Trading At Nasdaq

Chinese online grocery seller Dada Nexus Ltd. (NASDAQ: DADA) CEO said the company welcomed “better auditing and regulation,” as it bega …

Posted in Benzinga

Apple Gets Patent For Socially-Distanced Group Selfies

Apple Inc. (NASDAQ: AAPL) has received a patent for “synthetic group selfie” from the United States Patent and Trademark Office, as first re …

Posted in Benzinga

Amazon Faces Lawsuit From Workers For Neglecting CDC, New York Guidelines On Coronavirus

Three Amazon.com Inc. (NASDAQ: AMZN) employees at its Staten Island facility have sued the company for the lack of safety measures against the novel c…

Posted in Benzinga

Oil Inches Higher As OPEC And Allies Extend Historic Production Cuts By Another Month

The Organization of Petroleum Exporting Countries and its allies on Saturday agreed to extend the 9.7 million barrels per day production cuts through …

Posted in Benzinga

US Debt Market Raised $22.5B This Week, The Highest Since 2007: FT

Companies in the United States raised $22.5 billion in the bond market this week, the Financial Times reported on Friday, based on EPFR Global data….

Posted in Benzinga

Goldman Sachs Executive Writes To Colleagues Asking For Racial Equality At Lower Levels

Goldman Sachs Group Inc. (NYSE: GS) Managing Director Frederick Baba on Thursday wrote a letter to his colleagues describing his thoughts in the after …

Posted in Benzinga

Twitter Takes Down Trump Campaign’s Video Tribute To George Floyd For Violating Copyright

Twitter Inc. (NYSE: TWTR) on Thursday took down one of the videos posted by President Donald Trump’s 2020 presidential campaign team on its platfo …

Posted in Benzinga

VMware Acquires Dell-Backed Cybersecurity Startup Lastline

VMware Inc. (NYSE: VMW) has acquired cybersecurity startup Lastline, the latter announced Thursday. What Happened Lastline said the boards of both com …

Posted in Benzinga

American Well Files For IPO As Pandemic Leads To Telehealth Demand Surge

American Well confidentially filed for an initial public offering with the United States Securities and Exchange Commission earlier this week, CNBC re …

Posted in Benzinga

Apple $425 Per Share Case ‘On The Horizon,’ Analyst Says

Apple Inc. (NASDAQ: AAPL) has weathered the economic impact of the novel coronavirus pandemic in a “Jacques Cousteau-like fashion,” and the …

Posted in Benzinga

HSBC Backs China’s New National Security Law For Hong Kong As It Seeks Stability In Key Market

HSBC Holdings plc (NYSE: HSBC) has publicly backed China’s controversial national security law for semi-autonomous city Hong Kong, Reuters reporte …

Posted in Benzinga

Investment Bank Offers $25,000 To Fresh Hires Not To Start Working This Summer

Evercore Inc. (NYSE: EVR) is offering cash payments to recent college graduates it offered to hire if they delay their joining, the Wall Street Journa…

Posted in Benzinga

Tesla Will Be Rolling Out Cars At Berlin Plant In Less Than A Year, Government Official Says

Tesla Inc. (NASDAQ: TSLA) is tweaking its proposal for the Berlin manufacturing facility in a way that will both please environmental activists and ke …

Posted in Benzinga

ZoomInfo Raises $935M In Its IPO, Beating Market Expectations

ZoomInfo on Wednesday raised $935 million in its initial public offering. The business database provider sold 44.5 million shares priced at $21 each, …

Posted in Benzinga

Uber’s Ride-Hailing Business Shows Recovery In May, Food Delivery Continues On Pandemic Growth, CEO Says

Uber Technologies Inc. (NYSE: UBER) is seeing its business slowly recovering from lows hit earlier this year due to the novel coronavirus-related (COV …

Posted in Benzinga

DocuSign Rival Startup Gets $5M Seed Funding From Google

Anvil, a Silicon Valley startup working to simplify paperwork processing for businesses, has raised $5 million in seed funding, TechCrunch reported We …

Posted in Benzinga

Why Genius Brands Is On A Massive Rally, Adding Nearly 2500% Value In A Month

The shares of Genius Brands International Inc. (NASDAQ: GNUS), a company until recently struggling to keep itself listed on Nasdaq, have added 2458% s …

Posted in Benzinga

Zuora Shares Surge 21% As Company Reports Q1 Earnings Beat

The shares of Zuora Inc. (NYSE: ZUO) skyrocketed in the after-hours session on Wednesday as the company reported better-than-expected earnings for its …

Posted in Benzinga

BlackRock Sees These Opportunities As Best In Asia To Outlast Coronavirus

BlackRock Inc. (NYSE: BLK) in its Asia outlook report on Wednesday said the continent “stands out” as a beneficiary when global growth retur …

Posted in Benzinga

Google Takes Down ‘Remove China Apps’ With 5M Downloads

Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) on Tuesday took down an app from Play Store that assisted users in finding and deleting which apps on…

Posted in Benzinga

Warner Music Set To Go Public Today, In Anticipated Largest US IPO Of The Year

Warner Music is set to list at the Nasdaq Stock Market on Wednesday. Warner Music Could Kickstart A String Of IPOs This Year The record…

Posted in Benzinga

Facebook, PayPal Join Google As Investors In Indonesian Tech Giant GoJek

Facebook Inc. (NASDAQ: FB) and PayPal Holdings Inc. (NASDAQ: PYPL) have invested in Indonesian ride-hailing giant GoJek, TechCrunch reported Tuesday. …

Posted in Benzinga

Peloton Makes Its Fitness App Available On Apple TV After Pandemic Demand Surge

Peloton Interactive Inc. (NASDAQ: PTON) has made its fitness app available on Apple Inc.’s (NASDAQ: AAPL) TV devices. What Happened The New York-b …

Posted in Benzinga

Lyft Shares Jump As Company Reports 26% Increase In Rides In May, Upgrades Q2 Expectations

The shares of Lyft Inc. (NASDAQ: LYFT) jumped in the after-hours session on Tuesday as the ride-hailing company reported an increase in business follo …

Posted in Benzinga

California Class Action Seeks More Than $5B In Damages From Google For Allegedly Tracking Data In Incognito Mode

A proposed class action lawsuit was filed against Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google LLC on Tuesday, alleging privacy viol …

Posted in Benzinga

Fauci Reiterates Moderna Vaccine Data Is ‘Cautiously Optimistic,’ Expects Pfizer’s Results To Be The Same

White House Coronavirus Task Force lead member Anthony Fauci in an interview with STAT on Monday said he was disappointed with the way Moderna Inc….

Posted in Benzinga

MoneyGram Shares Jump 50% As Western Union Reportedly Looks For Acquisition

The shares of MoneyGram International Inc. (NASDAQ: MGI) skyrocketed on Monday and premarket session on Tuesday, as Bloomberg reported that Weste …

Posted in Benzinga

Bitcoin Surges Past $10,000 As Protests Rage In US

Bitcoin (BTC) on Monday evening surged past the psychological mark of $10,000 for the first time since February. What Happened The world’s leading …

Posted in Benzinga

Tesla CEO Musk Says Other Three Officers Should Be Charged In Floyd’s Murder Case

Tesla Inc. (NASDAQ: TSLA) Chief Executive Officer Elon Musk on Monday, said it wasn’t right for three other officers involved in the case of Georg…

Posted in Benzinga

Pepper Spray, Books On Racism, ‘I Can’t Breathe’ Merchandise Are Top Sellers On Amazon As Protests Rage

Amazon Inc. (NASDAQ: AMZN) has seen a jump in sales of safety and anti-racism items as protests following the death of George Floyd have continued…

Posted in Benzinga

Starbucks Tells Employees To Work Reduced Hours Or Take Unpaid Leaves, As Demand Falls Despite Post-Lockdown Ease

Starbucks Corporation (NASDAQ: SBUX) has told employees it is further reducing working hours to match reduced demand, even as coronavirus lockdowns&nb …

Posted in Benzinga

NASA Astronauts Launched By SpaceX Reach International Space Station, Celebrate Historic Moment

The Space Exploration Company’s Crew Dragon, with two NASA astronauts Robert Behnken and Douglas Hurley aboard, docked at the Internatio …

Posted in Benzinga

Nio CEO Says Tesla An Ally In Increasing Sales, Remains Bullish On Chinese EV Market Growth

Nio Inc. – ADR (NYSE: NIO) Chief Executive Officer William Li on Sunday told Bloomberg that the Chinese electric vehicles maker sees rival Tesla Inc….

Posted in Benzinga

Trump Sheltered In Underground Bunker As Protests Raged Outside The White House On Friday

President Donald Trump was taken to the “Presidential Emergency Operations Center” in the White House on Friday as hundreds of protestors ga …

Posted in Benzinga

House Republicans To Introduce Bill Banning Investments In China-Linked Foreign Defense Companies

Three Republican lawmakers in the House of Representatives are planning to unveil new legislation aimed at curbing United States investment into Chine …

Posted in Benzinga

Trump Had A ‘Productive’ Call With Facebook CEO Day After He Signed Executive Order Targeting Social Media: Report

President Donald Trump held discussions with Facebook Inc. (NASDAQ: FB) Chief Executive Officer Mark Zuckerberg over the phone the day after he h …

Posted in Benzinga

UK Supply Chain Startup Beacon Raises $15M From Amazon CEO, Others

United Kingdom-based logistics startup Beacon has raised $15 million in a Series A funding round, it told Reuters in a statement Sunday. What Happened …

Posted in Benzinga

Amazon, Apple, Walmart, Other Retailers Shutter Stores, Scale Back Operations In Areas Worst Hit With Protests

A number of companies in the United States have decided to shutter their retail outlets and scale back on business in cities most disrupted by…

Posted in Benzinga

20 Tesla Employees Worked At SpaceX Ahead Of NASA Astronauts Launch

Tesla Inc. (NASDAQ: TSLA) in a filing with the Securities and Exchange Commission on Thursday revealed it temporarily assigned about 20 of its employe …

Posted in Benzinga

Tyson Foods To Close Iowa Pork Plant After 555 Workers Test Positive For Coronavirus

Tyson Foods (NYSE: TSN) is temporarily shutting down its Iowa pork factory due to the transmission of novel coronavirus (COVID-19) at the facility, Re …

Posted in Benzinga

Amazon Offers Full-Time Employment To 125,000 Workers Hired To Meet Increased Demand During Pandemic

Amazon.com Inc. (NASDAQ: AMZN) is offering full-time employment to 125,000 workers it hired temporarily to meet the increased demand during the novel …

Posted in Benzinga

UPS Slaps ‘Peak’ Surcharge On Amazon, Walmart, Others, As Delivery Requests Balloon Post Lockdown Ease

United Parcel Services Inc. (NYSE: UPS) is imposing an additional fee for delivery requests from e-commerce companies that is common during peak seaso …

Posted in Benzinga

Trump Signs Executive Order To End Social Media Legal Immunity For Third-Party Content

President Donald Trump signed an executive order late Thursday aimed at limiting social media platforms immunity from legal actions arising …

Posted in Benzinga

Tech Companies Aren’t ‘State Actors,’ Judge Dismisses Conservative Bias Lawsuit Against Facebook, Twitter, Google, Apple

The United States appeals court in Washington, D.C. has dismissed a 2018 lawsuit that accused top tech and social media companies of undermining users …

Posted in Benzinga

Goldman Sachs Investor Presentation On Bitcoin Released, Gets Crypto Community Angry

Goldman Sachs Group Inc. on Wednesday (NYSE: GS) published a presentation titled “U.S. Economic Outlook & Implications of Current Policies fo …

Posted in Benzinga

Tesla Leads Electric Car Sales In South Korea Thanks To Model 3

Tesla Inc. (NASDAQ: TSLA) has dominated the rise in electric vehicle sales in South Korea this year as of April, according to data from the…

Posted in Benzinga

Macy’s Announces Pricing Of Its $1.3B Debt Offering As Shares Jump 26%

Macy’s Inc. (NYSE: M) on Wednesday announced it has priced a $1.3 billion debt offering at an interest rate of 8.375%. The amount to be raise…

Posted in Benzinga

Trump To Sign Executive Order On Social Media Today, Day After Twitter Spat

President Donald Trump is set to sign an executive order against social media companies on Thursday, White House Press Secretary Kayleigh McEnany info …

Posted in Benzinga

Facebook Rebrands Cryptocurrency Wallet Subsidiary Calibra

Facebook Inc. (NASDAQ: FB) on Tuesday announced that it is rebranding its cryptocurrency wallet subsidiary “Calibra” to “Novi.” Wh …

Posted in Benzinga

Bill Gates-Backed Food Waste Prevention Startup Apeel Raises $250M From Oprah, Katy Perry, Singapore Government

Food waste prevention startup Apeel Sciences has raised $250 million in its latest round of funding, it announced Tuesday. What Happened Media mogul O …

Posted in Benzinga

YouTube Makes Its Dedicated Children App Available On Apple TV

Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary YouTube on Wednesday announced its app dedicated to children is now available for download on …

Posted in Benzinga

Tencent To Invest $70B In Cloud, AI Projects In China, As Country Looks To Move Past Pandemic

China’s Tencent Holdings Ltd. (OTC: TCEHY) has committed nearly $70 billion for investment in the emerging technology sector in the country over t …

Posted in Benzinga

Justice Department Ends Probe Into Three Senators For Coronavirus-Related Insider Trading, Burr Still Under The Radar

The United States Department of Justice has ended its investigation into three senators for insider trading accusations related to the novel coronavir …

Posted in Benzinga

Walmart Partners With ThredUp To Woo Millennials With Second-Hand Clothing

Walmart Inc. (NYSE: WMT) announced early Wednesday it had partnered with clothing and accessories reseller ThredUp. What Happened The retail …

Posted in Benzinga

Amazon Looks To Double-Down On Self-Driving Tech With Zoox Acquisition: WSJ

Amazon.com Inc. (NASDAQ: AMZN) is in “advanced talks” with a self-driving technology startup Zoox Inc. for an acquisition, the Wall Street J …

Posted in Benzinga

StoneCo Surges 27% As Company Reports Growth In Payment Volume In Q1

The shares of StoneCo Ltd. (NASDAQ: STNE) surged in the after-hours session on Tuesday, as the Brazilian financial technology company reported earning …

Posted in Benzinga

‘FAANG Stocks Are Strong Once Again,’ Facebook, Amazon, Netflix Hit Record Highs Last Week

Trading in the previous week suggested that the leading United States technology stocks are moving past the impact of the novel coronavirus (COVID-19) …

Posted in Benzinga

Goldman Sachs Plans To Expand Cash Management To Europe Despite Coronavirus Impact

Goldman Sachs Group Inc. (NYSE: GS) is looking to expand its corporate cash management services across Europe starting September, the Financial Times …

Posted in Benzinga

Novavax Begins Phase 1 Clinical Trial Of Its Coronavirus Vaccine

Novavax Inc. (NASDAQ: NVAX) announced on Monday it had started the first phase of its novel coronavirus (COVID-19) vaccine trials. What Happ …

Posted in Benzinga

US Most-Subscribed YouTube Channel ‘Cocomelon’ Coming To Netflix In June

Netflix Inc. (NASDAQ: NFLX) will be streaming the first season of “Cocomelon” starting June 1, MarketWatch reported. Cocomelon, which c …

Posted in Benzinga

WHO Pauses Antimalarial Drug Clinical Trials For Coronavirus Treatment, Citing Lack Of Evidence

The World Health Organization has temporarily suspended clinical trials of hydroxychloroquine and chloroquine that aimed to test the effectiveness of …

Posted in Benzinga

Here’s Why Jack Dorsey Is Donating $5M To Andrew Yang’s Universal Income Initiative

Twitter Inc. (NYSE: TWTR) and Square Inc. (NYSE: SQ) Chief Executive Officer Jack Dorsey on Thursday said he was committing $5 million to Andrew Yang&…

Posted in Benzinga

US, China Relations Take Another Hit Over New Hong Kong National Security Bill

Troubled relations between the United States and China are set to worsen further as the latter brings in a new security law for Hong Kong….

Posted in Benzinga

Israel Hits Political Impasse Again As Netanyahu And Allies Short Of Majority

The national elections in Israel failed to deliver decisive results yet again with no political alliance ending up with a clear majority, the Jerusale …

Posted in Benzinga

House Report Says Wells Fargo Continues To ‘Abuse’ Customers, Blasts Regulators For Inaction

Wells Fargo & Co. (NYSE: WFC) isn’t complying with the various financial settlements it agreed to over the last few years in the fake accounts…

Posted in Benzinga

Judge Quashes Tulsi Gabbard’s Case Against Google Alleging Free Speech Violation

A district judge on Wednesday quashed Democratic presidential candidate Tulsi Gabbard’s case against Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) …

Posted in Benzinga

SEC Considers Letting Startups Raise More Money Before Registering

The United States Securities and Exchange Commission on Wednesday proposed to change the regulatory framework to let startups raise more capital witho …

Posted in Benzinga

Twitter Tests Stories-Like Feature To Let Users Share Their ‘Fleeting’ Thoughts

Twitter Inc. (NYSE: TWTR) is testing a new feature that lets users share information temporarily and involves minimal interaction with other …

Posted in Benzinga

ViacomCBS To Sell Publishing Subsidiary Simon & Schuster

ViacomCBS Inc. (NASDAQ: VIACA) (NASDAQ: VIAC) is looking to sell the veteran publishing subsidiary Simon & Schuster, chief executive officer Bob B …

Posted in Benzinga

iPhone Maker Foxconn Expects 15% Q1 Revenue Hit From Coronavirus, Says Production Rebounding

Taiwanese consumer electronics manufacturer Hon Hai Precision Co. Ltd. (OTC: HNHPF) expects its production in China to return to a regular pace by the …

Posted in Benzinga

Supreme Court Debates President’s Right To Fire Federal Agency Head Without Cause

The U.S. Supreme Court heard arguments Tuesday in a case concerning the power of the president to fire the head of a federal agency without …

Posted in Benzinga

US Indicts Two Chinese Nationals For Laundering Cryptocurrency Allegedly Stolen In North Korean Hack

Two Chinese nationals have been indicted in the District of Columbia on two counts related to operating a money laundering business, the United States …

Posted in Benzinga

SoftBank CEO Talks To Investors, Promises To Be More ‘Careful’

SoftBank Group Corporation (OTC: SFTBY) Chairman and CEO Masayoshi Son on Monday told investors that he would be more “careful” with hi …

Posted in Benzinga

Robinhood Trading Platform Resumes Trading After Shutdown For Entire Day

Retail trading platform Robinhood said early Tuesday that its platforms are live again, after its customers missed on a majority of the trading sessio …

Posted in Benzinga

‘He Has A Good Heart’: Elon Musk Expresses Support For Dorsey To Continue As Twitter CEO

Billionaire entrepreneur Elon Musk on Monday tweeted in support of Twitter Inc. (NYSE: TWTR) chief executive officer Jack Dorsey continuing in his rol …

Posted in Benzinga

Novartis’ Sandoz To Pay $195M For Price-Fixing

Pharmaceutical giant Novartis AG’s (NYSE: NVS) subsidiary Sandoz Inc. has agreed to pay $195 million in penalties to avoid facing criminal ch …

Posted in Benzinga

Alphabet Self-Driving Subsidiary Waymo Raises $2.25B In First External Funding

Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Waymo has raised $2.25 billion in its first external investment round, it announced Monday. Wh …

Posted in Benzinga

Ethereum-Based Decentralized Exchanges Reach All-Time High Volume

Decentralized cryptocurrency exchanges based on the Ethereum blockchain platform recorded all-time high transaction volumes in February, according to …

Posted in Benzinga

Amazon Confirms Two Cases Of Coronavirus Among Employees

Amazon.com Inc. confirmed on Sunday that two of its employees have symptoms of the coronavirus (COVID-19). What Happened The employees contr …

Posted in Benzinga

Samsung Starts Work On $220M R&D Center In Vietnam

Samsung Electronics Co. Ltd. (OTC: SSNLF) has started work on a planned research and development center in Vietnam, the company announced Monday. What …

Posted in Benzinga

State Of Washington Confirms Second Death From Coronavirus; New York, Florida Confirm First Case

The state of Washington confirmed its second death from the novel coronavirus (COVID-19) on Sunday. Possible Community Outbreak in Washington The dece …

Posted in Benzinga

American Express Employees Boosted Card Sales By Misleading, Coercing Business Owners: Report

The American Express Company (NYSE: AXP) employees used illegal tactics on small business owners to boost card sales, the Wall Street Journal reported …

Posted in Benzinga

US Health Workers Contacting With Wuhan Evacuees Were Exposed To Coronavirus, Whistleblower Alleges

The United States health workers who were assigned to meet the first cohort of evacuees from the coronavirus (COVID-19) hit Wuhan city in China w …

Posted in Benzinga

Rolls-Royce Shares Surge As Company Reports Reduced Losses In 2019, Positive Outlook

The shares of Rolls-Royce Holding p.l.c. (OTC: RYCEY) surged in Friday’s trade in London as the company gave a positive outlook for the financial …

Posted in Benzinga

Amazon Removes 1M Products For Claiming To Cure Coronavirus, Inflating Prices

Amazon.com Inc. (NASDAQ: AMZN) has removed more than a million products from its e-commerce platform that attempted to profit from the novel …

Posted in Benzinga

Hyundai Stock Dips As Company Shuts Down Factory After Worker Tests Positive For Coronavirus

Hyundai Motor Company’s (OTC: HYMTF) shares dipped on Friday’s trade in Seoul as the company’s production is hit by the spread of the COVI …

Posted in Benzinga

Wells Fargo To Pay $35M For Recommending High Risk Investments To Vulnerable Clients

The United States Securities and Exchange Commission has ordered Wells Fargo & Company (NYSE: WFC) to pay $35 million in compensation to some of t…

Posted in Benzinga

Uber Eats, GrubHub Competitor DoorDash Files For IPO

Food delivery company DoorDash confidentially filed to go public with the Securities and Exchange Commission, it announced Thursday. What Happened The …

Posted in Benzinga

Walmart To Launch Amazon Prime Competitor Service Next Month: Report

Walmart Inc. (NYSE: WMT) is planning to launch a subscription-based service similar to Amazon.com Inc.’s (NASDAQ: AMZN) Prime, Recode reported Thu …

Posted in Benzinga

Baidu Reports Q4 Earnings Beat, Shares Tank On Grim Q1 Outlook Due To Coronavirus

Baidu Inc. (NYSE: BIDU) reported its earnings for the fourth quarter of the financial year 2019 on Thursday. What Happened The Chinese internet giant …

Posted in Benzinga

Microsoft Keen On Investing In Indonesia, Says The President, Promises Simpler Regulations

Indonesia President Joko Widodo, on Thursday, said that Microsoft Corporation (NASDAQ: MSFT) is very keen on investing in data centers in the country. …

Posted in Benzinga

US Dollar Drops, Gold Rises As CDC Confirms First Case Of Possible Community Spread

The United States dollar fell against the Japanese yen on Thursday as investors fear a possible coronavirus (COVID-19) outbreak in the country. What H …

Posted in Benzinga

Trump Says Coronavirus Risk In US ‘Low,’ Appoints Pence To Lead Response Team

President Donald Trump held a press conference on Wednesday to address the novel coronavirus (COVID-19) outbreak in the United States. What …

Posted in Benzinga

CDC Identifies First Coronavirus Case In US Of Unknown Origin That Might Suggest Community Spread

The Centers for Disease Control and Prevention on Wednesday confirmed a novel coronavirus (COVID-19) case in California that could potentially point t …

Posted in Benzinga

Nutanix Plummets 24% On Q2 Earnings Miss, Q3 Guidance Downgrade

The shares of Nutanix (NASDAQ: NTNX) plummeted in the after-hours session on Wednesday as the company reported substantial losses in the second quarte …

Posted in Benzinga

Microsoft Shares Fall As Company Warns Of Q3 Earnings Miss Due To Coronavirus Impact

Microsoft Corporation (NASDAQ: MSFT) shares fell in the after-hours session on Wednesday as the technology giant said it doesn’t expect to meet th …

Posted in Benzinga

South Carolina Debate: Democrats Target Sanders, Bloomberg And Warren Go At Each Other Again, Biden Sure Of Win

Democratic 2020 presidential hopefuls took head-to-head for the 10th time on Tuesday night in South Carolina debate ahead of the primary to be held on…

Posted in Benzinga

San Francisco Declares ‘Emergency’ To Combat Coronavirus Spread

San Francisco declared a “local emergency” on Tuesday over fears of the novel coronavirus (COVID-19) taking hold in the city. No case o …

Posted in Benzinga

Musk’s SpaceX Gets Los Angeles Approval To Build Spaceship At Port

The Space Exploration Company, better known as SpaceX, has won the approval of Los Angeles authorities to build a manufacturing facility at the port, …

Posted in Benzinga

BlackRock Leads $250M Funding In AI Computing Startup

Artificial intelligence startup SambaNova Systems on Tuesday said it had raised $250 million in a Series C funding round. What Happened The fundi …

Posted in Benzinga

Streaming Platform Like Spotify, YouTube Contributed To 80% Of All Music Sales In 2019

Streaming platforms extended their domination of the music market in the United States in 2019, according to data from the Recording Industry Associat …

Posted in Benzinga

Tesla Autopilot Limitations, Video Game Caused The 2018 Death Of Apple Engineer, NTSB Says

The National Transport Safety Board on Tuesday determined the cause behind the 2018 fatal crash involving a Tesla Inc. (NASDAQ: TSLA) vehicle to …

Posted in Benzinga

SmileDirectClub Shares Tank As Company Reports Q4 Earnings Miss

Shares of SmileDirectClub Inc. (NASDAQ: SDC) plunged in the after-hours session on Tuesday as the teledentistry company missed analyst expectations fo …

Posted in Benzinga

Vanessa Bryant Sues Helicopter Company For Husband And Daughter’s Death

The lawyers for Vanessa Bryant filed a lawsuit in a Los Angeles County Superior Court on Monday alleging wrongful death, Reuters reported. What Happen …

Posted in Benzinga

JPMorgan To Stop Financing Fossil Fuel Projects In The Arctic

JPMorgan Chase & Co. (NYSE: JPM) will stop giving out direct loans for fossil fuel extraction projects in the Arctic, the company announced Monday …

Posted in Benzinga

Juul Proposes ‘Age-Locked’ E-Cigarettes To Win FDA Approval

Juul is planning to propose e-cigarettes that only unlock for persons above the legal age of smoking to the Food and Drug Administration as it…

Posted in Benzinga

US Safety Board Holds Meeting To Determine The Cause Of 2017 Tesla Crash Today

The National Transportation Safety Board is holding a board meeting on Tuesday to determine the cause behind a 2017 fatal crash involving a Tesla Inc….

Posted in Benzinga

Trump Asks Congress $2.5B To Fight Coronavirus, Democrats Call It ‘Inadequate’

President Donald Trump’s administration has requested the Congress to release $2.5 billion in funding to combat the spread of the novel coronaviru …

Posted in Benzinga

Qualcomm, United Technologies Executives Join Boeing Board Of Directors

The Boeing Company (NYSE: BA) on Monday said it had nominated two new directors to its board. What Happened QUALCOMM Inc. (NASDAQ: QCOM) chief ex …

Posted in Benzinga

China, Japan Stocks Edge Lower As Coronavirus Fears Continue, South Korea Recoups

Markets in China and Japan edged lower in early trade on Tuesday as fears over the international spread of the novel coronavirus (COVID-19) continued. …

Posted in Benzinga

Moderna Shares Surge As Drugmaker Delivers First Coronavirus Vaccine

The shares of drugmaker Moderna Inc. (NASDAQ: MRNA) skyrocketed in the after-hours session on Monday as the Wall Street Journal reported that it has s…

Posted in Benzinga

Global Markets Plummet As Coronavirus Spreads In Europe, South Korea And Middle East

Markets in Asia and the European Union dropped on Monday as fears over the spread of the novel coronavirus (COVID-19) spreading internationally contin …

Posted in Benzinga

Cargill To Compete With Beyond Meat, Impossible Foods With New ‘Fake Meat’ Products

Farming giant Cargill Inc. is entering the race to capture the plant-based meat market. What Happened The Minnesota-based company on Monday said that …

Posted in Benzinga

Gold Surges To 7-Year High As Coronavirus Cases Rise Internationally

Spot gold made record gains against the United States dollar on Monday as investors continued to look towards safe havens to hedge against the financi…

Posted in Benzinga

More Than 70 Accounts Promoting Bloomberg’s Campaign Banned On Twitter

Twitter Inc. (NYSE: TWTR) banned at least 70 accounts promoting Democratic presidential candidate Michael Bloomberg’s campaign starting Friday, th …

Posted in Benzinga

Auschwitz Memorial Criticizes Fake ‘Hunters’ Details, Sale On Amazon Of Anti-Semitic Books

The Auschwitz Memorial criticized the Amazon.com Inc. (NASDAQ: AMZN) Prime series “Hunters” depiction of the Nazi concentration camp on …

Posted in Benzinga

Intuit Expected To Announce $7B Acquisition Of Credit Karma

Financial software maker Intuit Inc.’s (NASDAQ: INTU) deal to acquire personal finance company Credit Karma is almost final, and could be announce …

Posted in Benzinga

Facebook To Pay Users $5 For Their Voice Recordings

Facebook Inc. (NASDAQ: FB) will pay users $5 for sharing their voice recordings, the company announced Thursday. What Happened The voice recordings wo …

Posted in Benzinga

UniCredit Shares Tank As CEO Is Considered For Chief Position At HSBC

The shares of Italian banking giant UniCredit S.p.A. (OTC: UNCFF) dipped in Friday’s trade in Milan as reports suggested that the company’s ch …

Posted in Benzinga

Tesla Gets Court Approval To Continue Work At Berlin Gigafactory

Tesla Inc. (NASDAQ: TSLA) got a German court’s approval on Thursday to continue the construction of its Berlin manufacturing plant, Deutsche …

Posted in Benzinga

Fitbit Shares Plummet On Q4 Earnings Miss

The shares of Fitbit Inc. (NYSE: FIT) dropped lower in the after-hours session on Thursday as the fitness wearables maker missed analyst expectations …

Posted in Benzinga

Russia Interfering In 2020 Election To Get Trump Reelected, US Intelligence Says

Russia is actively interfering in the United States 2020 presidential election to make sure President Donald Trump gets a second term, United Sta …

Posted in Benzinga

No More Immunity? Justice Department Wants Tech Companies To Have Legal Responsibility For Content Posted On Their Platforms

The United States Department of Justice held a workshop discussing Section 230 of the Communications Decency Act on Wednesday that grants technol …

Posted in Benzinga

Global Stocks Mixed As China Takes More Economic Measures To Tackle Coronavirus Outbreak

Markets in Asia and the European Union traded in a mix on Thursday as the spread of the novel coronavirus in China seemed to be…

Posted in Benzinga

Apple Demands To Stop Publication Of Book Written By Employee Because It Allegedly Reveals Company Secrets

Apple Inc. (NASDAQ: AAPL) lawyers initiated legal action against a former employee for allegedly violating his terms of employment, German publication …

Posted in Benzinga

Groupon Investigated By Law Firms As Shares Plummet 44% After Q4 Earnings

Multiple law firms announced Wednesday that they are looking to file a class-action lawsuit on behalf of Groupon Inc. (NASDAQ: GRPN) investo …

Posted in Benzinga

Peter Thiel-Backed Startup Begins Mining Bitcoin In US To Counter Chinese Dominance

Bitcoin mining startup Layer1 Technologies has started operations at its West Texas factory, it announced Wednesday. What Happened Layer1 said that mu …

Posted in Benzinga

Bloomberg Pays People To Promote His Campaign On Their Personal Social Media

Democratic presidential candidate Michael Bloomberg is paying people $2,500 per month to promote his campaign among their social media circles, the Wa …

Posted in Benzinga

Trump Offered To Pardon Wikileaks Founder If He Denied Russia Link To Hillary Emails, Alleges Lawyer

President Donald Trump offered to pardon WikiLeaks founder Julian Assange in 2017 if he denied Russian involvement in the email leaks that h …

Posted in Benzinga

‘Very Big Trade Deal’ With India In Progress Ahead Of Visit, Trump Says

President Donald Trump, on Tuesday, told reporters that he is doing a “very big trade deal” with India, but it might not be announced i …