Apple, Facebook among tech giants to face tough new EU curbs
The European Commission, the EU's powerful antitrust body, named 22 "core platform" services belonging to five US tech behemoths identified as "gatekeepers" -- Google parent Alphabet, Amazon, Apple, Meta, Microsoft -- and China's ByteDance. The services included Apple's App Store; Meta's Facebook, Instagram and WhatsApp; Google's YouTube video platform and...
Amazon triples quarterly profit
The company's cloud, ads, and retail businesses thrive.
McDonald’s profits up 7%
The quarterly profits increased despite weak Middle East sales.
ADQ buys stake in Plenary Group
The deal is aimed at expanding public and social infrastructure.
FPT and Nvidia to build AI factory
Nvidia had invested around $250 million in Vietnam.
Swiss reserve hike hits UBS
The reserve requirement will increase from 2.5% to 4% from July 1.