The close scrutiny of the business practices of the United States based tech giants is continuing in Europe.   Validation of charges of abuse of dominant market power the treatment of advertisers against the search engine giant Google resulted in the France’s competition watchdog imposing a...

The 5.5 billion pound ($7.2 billion) all-share acquisition offer made by Takeaway.com as its final offer for the British company Just Eat has got the backing of the British firm on Friday, Just Eat said. The company also added that the acquisition could create a large enough entity in the online...

A network of hundreds of fake accounts with computer-generated pictures to push selected content was used by pro-Trump US media outlet on Facebook, which the social media company described as a first-of-its-kind influence operation. The largest social media platform of the world also said that it...

Nike's net income rose 32% in the second quarter (ended November 30) to $ 1.12 billion ($ 0.7 per share) from $ 847 million ($ 0.52 per share) in the second quarter of last year. Revenues increased 10% to $ 10.3 billion from $ 9.4 billion in the second quarter of last year, the company said....

DuPont selected IFF as the “preferred strategic partner for N&B”. International Flavors & Fragrances Inc has informed about the merger with a “nutrition & biosciences” unit of DuPont Inc which values “$26.2 billion”. The said deal will give birth to a “new consumer giant” which will value...

The announcement of reaching a binding agreement for the approximately $50 billion merger of Fiat Chrysler Automobiles and PSA, owner of Peugeot, was made by the two companies. Analysts believe that the merger will create the fourth largest auto company of the world and is sure to reshape the...

Japanese Fujifilm Holdings has confirmed the purchase of a unit of Hitachi Ltd., specializing in the production of medical equipment, according to a press release from Fujifilm. "We expect the deal to reach approximately 179 billion yen ($ 1.63 billion)," the company said. Fujifilm also announced...

Uber has begun negotiations to sell its Uber Eats food delivery service in India to local rival Zomato, according to The Wall Street Journal, citing three informed sources. Uber is in talks to sell its Uber Eats division in India to local rival Zomato, three informed sources told The Wall Street...

FAA thinks Boeing’s “public statements” are “designed to force FAA into taking quicker action”, while the company is facing the dilemma of whether to stop the 737 MAX production or not. Boeing is seriously thinking about if its needs to stop manufacturing the “737 MAX” following the last week’s...