Business

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Olivia Rodrigo Drops New Single ‘Drop Dead’ and Makes Surprise Coachella Appearance

Olivia Rodrigo releases her new single 'Drop Dead' and performs it live at Coachella, signaling a new romantic direction for her upcoming album.

Trump Organization Eyes Tbilisi Skyline with Ambitious New Skyscraper Project

The Trump Organization is planning a new luxury skyscraper in Tbilisi, Georgia, featuring a hotel and residences, as part of its international expansion strategy.

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Judge Halts Nexstar-Tegna Merger Amid Antitrust Fears

Federal judge blocks Nexstar-Tegna merger over antitrust concerns, halting the $6.2 billion deal pending a trial. State AGs and DirecTV celebrated the ruling.

Novozymes achieves 9% sales growth in China, eyes further expansion

Denmark's Novozymes, a leading provider of biological products, views China as a land of vast potential and prospects for growth. The biotech industry is...

Chinese AI Pioneer SenseTime Collaborates with T&B Media Global (Thailand) to Boost Translucia’s Virtual World Infrastructure

T&B Media Global (Thailand) and SenseTime, the Chinese AI pioneer, have joined forces to enhance the infrastructure of Translucia, Thailand's inaugural virtual world. The...

Pingdu’s False Eyelash Industry: A Craftsmanship Business Thriving in the Digital Age

70% of the world's false eyelashes are actually produced in Pingdu, a county-level city of over 1.3 million residents in Shandong province? That's right!...

China Launches Chongqing Digital Economy Innovation Park, Aiming to Lead Global Digitalization

The Chongqing Digital Economy Innovation Park, China's first large-scale industrial project in the digital economy, was officially inaugurated on Saturday, marking a significant milestone...

Qingxian’s makeup brush factories dominate China’s market and beyond

Hu Na is a skilled worker from Cangzhou's Qingxian county in Hebei province, about 170 kilometers southeast of Beijing, who recently demonstrated on e-commerce...

Changan’s Latest Yida Sedan Features Baidu’s Ernie Bot, Setting New Standards in the Chinese Auto Industry

Changan, a Chinese carmaker, has unveiled its latest creation - the Yida sedan, and it's turning heads for being the first mass-produced vehicle in...

China’s National Legislature Prioritizes Pooling of Quality Resources to Achieve Breakthroughs in Key Fields

China's national legislature recently held its annual session, during which President Xi Jinping recognized Shan Zenghai, chief engineer of Xuzhou Construction Machinery Group, who...

China’s Semiconductor Industry: Overcoming Challenges to Achieve Self-Sufficiency

China's aspiration to compete at the highest levels of chip-making has captured the imagination of its citizens. The country is investing heavily in the...

Huawei Leads the Charge for 5.5G Industry Consensus and Commercialization

Huawei Technologies Co is calling on partners to promote industry consensus and commercial deployments for the era of 5.5G, an evolution of 5G technology. Yang...

Schindler’s Revenue Increased in 2022, Anticipates Growth in China in 2023

Swiss elevator manufacturer Schindler is optimistic about its business outlook for 2023 due to the predicted recovery of the Chinese economy. In an interview...

Prominent Bank of China Chairman Liu Liange Resigns

Bank of China, a prominent State-owned commercial lender, announced on Sunday that Liu Liange had tendered his resignation as chairman and executive director of...

China Takes the Lead in Global Autonomous Vehicle Race with Approval of Driverless Rides

On Friday, Beijing gave the green light for autonomous driving services to operate without in-car safety supervisors for the first time. This marks a...

SAIC Motor’s subsidiary Anji leads Chinese auto exports, shipping 600,000 vehicles globally

Anji, a logistics subsidiary of SAIC Motor, recently dispatched its Ro-Ro cargo vessel, Phoenix, loaded with around 1,000 MG vehicles, from Ningde, a city...

BMW leads industry transformation with aggressive electrification plan

German automaker BMW is pushing forward with an ambitious electrification plan to lead the industry transformation, despite the challenging international market environment in 2022....

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