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Beer-loving Thai Lawmaker Takes Aim At $14 Billion Booze Industry Duopoly
A beer-loving lawmaker from Thailand’s Move Forward Party Taopiphop Limjitrikorn poses at his bar after an interview with Reuters, in Bangkok, Thailand, May 23, 2023. Reuters A beer-loving lawmaker in…
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Meat Slapped With Record $1.3 Billion Fine for Moving European Users’ Facebook Data to US
The Irish Data Protection Commission on Monday fined Meta (formerly Facebook) a record $1.3 billion fine over violating data transfer rules in the European Union (EU). The Irish watchdog said…
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Stocks of Chinese Companies Lose $540 Billion Over Economic Uncertainty and Geopolitical Tension
Since April 18, when China released figures on its first-quarter economic output, stocks of Chinese companies around the world have lost about $540 billion in value, media reports said. Investors…
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Amazon Web Services Lines Up $12.7 Billion Investment in Cloud Infrastructure in India
Amazon has said its Web Services division will invest $12.7 billion in cloud infrastructure in India as the company aims to increase the long-term investment in India $16.4 billion by…
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UBS Says Deal to Take Over Crisis-Hit Credit Suisse Leaves it With a Financial Hit of $17 Billion
UBS Group, which took over crisis-hit bank Credit Suisse in a deal backed by Switzerland’s government in March this year, has said it has taken a financial hit of $17…
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European Union Approves Microsoft’s $74.5 Billion Acquisition of Video Game Maker Activision Blizzard
The European Union has approved the acquisition of Activision Blizzard by Microsoft last year. Microsoft had announced in January 2022 that it was buying the ‘Call of Duty’ maker for…
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Apple’s new savings account draws $1 billion in deposits within days of launch; what’s the appeal [details]
Dyson Airstrait explained: Technology behind wet-to-dry hair straightener Apple has recently launched a new savings account, and in just four days, it has already attracted nearly one billion dollars in…
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BlackPink Lisa Shines on Spotify and Becomes the First K-Pop Idol to Achieve 1 Billion Streams on Platform
When it comes to breaking records and changing the course of music history, Lisa of Blackpink is unstoppable. The Thai pop diva recently made history by becoming the first K-pop…
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Berkshire First Quarter Profit Zooms to $35.5 Billion; Warren Buffett Signals Buying More Apple Shares
Warren Buffett’s Berkshire Hathaway sold stocks worth $13 billion this year, adding to the massive cash pile of more than $130 billion. Even as the cash reserves increase, the investing…
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FTX Wants To Recoup Nearly $4 Billion Funds From Genesis Global
KEY POINTS The FTX Group is slowly clawing back funds from various businesses The team succefully recouped $3.2 billion in payments made to the crypto exchange’s former executives It also…
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Apple Savings Account, Which Offers Returns 10 Times the National Average, Draws $1 Billion Deposits in 4 Days
Apple’s new high-yield savings account has become a huge success, according to reports. The Apple card has already drawn nearly $1 billion in deposits in just four days of its…
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JPMorgan Takes Over First Republic From FDIC For $10.6 Billion; Acute Stress in Banking is Over, Says Jamie Dimon
JPMorgan Chase has entered into a deal to buy the crisis-hit San Francisco bank First Republic. As per the deal, JPMorgan will pay $10.6 billion to the US Federal Deposit…
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Meta Share Surge Makes Zuckerberg Richer by $10 Billion As Facebook Makes More Money After massive Layoffs
A surge in Meta’s share prices after its strong quarterly results resulted in Facebook founder Mark Zuckerberg’s wealth rising by more than $10 billion, even as reports of layoffs at…
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Micron Tech Close To Setting Up $1 Billion Semiconductor Plant In India
Reuters Leading U.S. memory chip maker Micron Technology (Nasdaq: MU) is close to setting up a $1 billion assembly, testing, marking and packaging (ATMP) facility in India. “We are close…
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Vietnam EV Maker VinFast Gets $2.5 Billion in New Funding; US Listing Could be Delayed
Vietnamese electric vehicle maker VinFast said on Wednesday it had received a fresh round of funding pledges worth $2.5 billion for its future development, in a move that may signal…
![Apple’s new savings account draws $1 billion in deposits within days of launch; what’s the appeal [details]](https://data1.ibtimes.co.in/en/full/784513/apple.jpg "Apple’s new savings account draws $1 billion in deposits within days of launch; what’s the appeal [details]")
