Key Points: FTC filed a lawsuit against Restoro and Reimage antivirus software, accused of misrepresentation and violating telemarketing rules. Software falsely identifies security issues on users' computers to pressure them into purchasing unnecessary repair tools. Restoro and Reimage originate from...
Key Points: Mixed performance in major indices, with the S&P 500 decreasing by 0.34%, the Dow 30 declining by 0.29%, and the Nasdaq 100 reflecting a modest 0.16% dip. NVIDIA Corporation (NVDA) and Tesla, Inc. (TSLA) experienced a slight downturn, with decreases of 3.55% and 3.85%, respectively. Microsoft Corporation (MSFT) saw a notable rise of 2.39%, whereas Apple Inc. (AAPL)...
Key Points: Foxconn anticipates a significant revenue rise for the current year, driven by booming demand for AI servers, and expects growth of over 40% in 2024. Foxconn's Q4 net profit reached T$53.1 billion, a 33% surge in profit marks the strongest year-on-year growth recorded for a quarter since March 2021. Consumer electronics accounted for 58% of Foxconn's revenue in...
Key Points: The European Commission has formally investigated AliExpress under the DSA; concerns revolve around disseminating illegal content and potential breaches. The probe will examine AliExpress's risk management, content moderation practices, transparency in advertising, and other operational aspects. Focus areas include terms of service, prevention of minors accessing inappropriate content, and compliance with advertising transparency rules. This is the third...
Key Points: Touch 'n Go eWallet users can now make high-value transactions in China by following new policies. Ant Group...
Key Points: Japan Investment Corporation (JIC) moves forward with its $6 billion acquisition of JSR, a vital chipmaking materials company....
Key Points: Australian stock market ended Thursday's session on a lower note; the S&P/ASX 200 index dropped by 0.20% at...
Key Points: Hyundai Motor and Kia are recalling nearly 170,000 electric vehicles due to a software error that could lead...
Key Points: Rising rates of early-onset cancer, particularly in the digestive system, pose a global health challenge. Efforts to identify...
