X gets $140 million EU fine for breaching content rules but TikTok settles
By Foo Yun Chee BRUSSELS, Dec 5 (Reuters) – Elon Musk’s social media company X was fined 120 million euros…
Author: The Trading Report
American Bitcoin steadies after share lock-up expiry sparks near 40% plunge
Dec 3 (Reuters) – Shares of American Bitcoin, a bitcoin miner backed by two of U.S. President Donald Trump’s sons,…
Supreme Court to weigh Trump’s firing of FTC member in test of presidential power
By John Kruzel WASHINGTON, Dec 5 (Reuters) – The U.S. Supreme Court next week weighs the legality of Donald Trump’s…
Exclusive-China state-owned banks soak up dollars to slow yuan gains, sources say
Dec 4 (Reuters) – China’s major state-owned banks bought dollars in the onshore spot market this week and held on…
US judge blocks 250 State Department layoffs for now
By Daniel Wiessner Dec 4 (Reuters) – A judge on Thursday blocked the U.S. State Department from immediately laying off…
New York Times sues Perplexity AI for ‘illegal’ copying of content
Nvidia’s Most Valuable List for 2026 In Today’s News The “Skim Codes” That Helped Make $274 Million [sponsor] [adv] New York…
Netflix to buy Warner Bros Discovery’s studios, streaming unit for $72 billion
By Harshita Mary Varghese and Aditya Soni Dec 5 (Reuters) – Netflix on Friday agreed to buy Warner Bros Discovery’s…
Succession at LVMH? We don’t talk about it, says Arnault’s wife
PARIS, Dec 4 – Succession plans at luxury giant LVMH are seldom discussed within the controlling Arnault family, according to…
US official denounces EU’s fine of Musk’s X, says Europe is taxing Americans
(Refiles to add story identifier for some readers, no change to content of story) WASHINGTON, Dec 5 (Reuters) – The…
New York Times sues Perplexity AI for ‘illegal’ copying of content
Dec 5 (Reuters) – The New York Times filed a lawsuit against Perplexity AI on Friday, claiming that the artificial…