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.

China Intensifies Efforts to Promote High-Quality Development in Cross-Border Economic Zones

In a recent announcement, the Chinese Ministry of Commerce has revealed its intention to intensify efforts towards promoting high-quality development in border and cross-border...

Improved Market Liquidity and Financial Support Measures Boosting China’s Real Estate Sector Amid Recovery

According to property investment and sales data from the National Bureau of Statistics (NBS), China's real estate market is showing promising signs of a...

SenseTime Launches World’s Largest Open-Source AI Language Model, Intern 2.5

Chinese artificial intelligence pioneer, SenseTime, announced the launch of its latest invention on Tuesday - the Intern 2.5, which it claims to be the...

BMW’s Global Sales of Battery-Electric Vehicles More Than Double Due to Strong Growth in China

In a major development, BMW announced on Wednesday that it has more than doubled its global sales of battery-electric vehicles (BEVs) year-on-year in the...

Chinese AI Firm LangBoat Raises Funding for Development of Large Language Models

LangBoat, a Chinese provider of large language models, has announced the completion of its Pre-A plus round of fundraising, which has brought its total...

China’s SOEs Ramp Up Green Investment, Paving the Way for Renewable Energy Development

China's state-owned enterprises (SOEs) have been ramping up the construction of new energy projects since the start of the year. Analysts and industry observers...

RCEP trade spurs growth in China and Asia-Pacific economies via inland railway links

According to government officials and market observers, China's inland cities are expected to increase their use of railroad links to seaports in order to...

China’s Economic Activity Picks Up Pace in January-February 2023

China's economy is showing signs of stabilization and acceleration, with the National Bureau of Statistics reporting a marked improvement in key economic data for...

China’s Foreign Trade in Goods Registers $25.9B Surplus in February

China's foreign trade in goods registered a surplus of $25.9 billion in February, according to the State Administration of Foreign Exchange (SAFE). The figure...

China’s Cross-Border E-Commerce Empowers Small Businesses and Stabilizes Foreign Trade, Experts Say

According to experts, cross-border e-commerce has become a crucial factor in stabilizing China's foreign trade while providing micro, small and medium-sized enterprises (MSMEs) and...

National Energy Administration Reports 11% YoY Jump in China’s Power Use in February

China's electricity consumption, a significant indicator of economic activity, rose by 11% YoY in February, indicating a steady recovery from COVID-19-triggered disruptions. According to...

Huawei helps global telecom carriers achieve digital transformation with innovative technology

Huawei Technologies Co is making strides to help global telecom carriers accelerate their digital transformation with cutting-edge technologies. According to You Jiangtao, vice-president of...

China Plans $1.44 Billion Fund for Chip Development Following Vice-Premier Liu He’s Visit to IC Enterprises

The semiconductor market has become the stage for a growing rivalry between the world's two largest economies, as the US government aims to curb...

China’s Push for 5G and 6G Technology to Drive Economic Growth and Digital Transformation

According to industry experts, China's intensified push for the development of superfast wireless technology, including 5G and 6G, will provide new momentum for the...

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