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.

Alibaba Reports Better-Than-Expected Results Despite COVID-19 Impact

Chinese tech giant Alibaba Group Holding Ltd has posted impressive financial results for the October-December period, with total revenue standing at 247.76 billion yuan...

HP to increase investment in China, sees long-term sustainable growth

In a bid to capitalize on China's crucial market and its pivotal role in global supply chains, tech giant HP has announced its plans...

Shenzhen’s 5G Revolution: City to Have Density of 42 Base Stations per 10,000 People

Shenzhen, a major city in southern China, is planning to construct 10,000 new 5G base stations by the end of 2023, according to an...

China’s Fengning Pumped Storage Power Station: World’s Largest “Power Bank”

Nestled in the hills of Hebei province, China's Fengning Pumped Storage Power Station has become the largest "power bank" in the world, capable of...

Shanghai Airports Experience Surge in Passenger Numbers, Thanks to Optimized COVID Response and Entry-Exit Policies

The COVID-19 pandemic has had a severe impact on the aviation industry worldwide, with passenger numbers plummeting in 2020 due to travel restrictions and...

Beijing-Tianjin-Hebei GDP Reaches $1.46 Trillion, Showing Coordinated High-Quality Development

China's Beijing-Tianjin-Hebei region, a major economic zone, recorded a combined GDP of 10 trillion yuan ($1.46 trillion) in 2022, which is 1.8 times the...

Yiwu Launches Global Payment Platform to Boost Business Efficiency and Connectivity

Yiwu, a county-level city in Zhejiang province, is home to the world's largest small-commodities market. On Monday, Yiwu Pay, a global payment platform, was...

Xinjiang’s Urumqi International Land Port Area Set to Boost Trade with Europe and Central Asia in 2023

The Urumqi International Land Port Area is set to unleash its potential further this year, according to local officials in the Xinjiang Uygur autonomous...

China’s R&D spending surpasses $449B, establishing it as world’s second-largest spender

China's R&D expenditure exceeded 3 trillion yuan for the first time in 2022, reaching a total of 3.09 trillion yuan ($449 billion), according to...

Alshaa Desert Grassland project wins national recognition for intelligent animal husbandry management

Recently, a noteworthy project titled "Intelligent Management of Ecological Animal Husbandry" was recognized nationally in the Alshaa Desert Grassland. The project, conducted under the...

Chinese Political Adviser and Railway Researcher, Zhang Geming, Aims to Boost Technological Innovation in Rail Transport

Railway expert and political adviser, Zhang Geming, has been hailed for his outstanding contributions to promoting the high-quality development of China's railway system. A...

Devialet to increase investment in China with additional brick-and-mortar stores in second-tier cities

Devialet, the French audio technology company, is increasing its investment in China with plans to open more brick-and-mortar stores in second-tier cities in an...

China’s CR24 Kicks Off Construction of Jiangxi Aviation College Campus

The recent commencement of the construction of the Fuzhou campus of Jiangxi Aviation Vocational and Technical College marks a significant milestone in the advancement...

Alibaba’s Ant Group Announces Comprehensive Partnership with NBA China

Ant Group, the financial arm of Alibaba, one of China's largest technology companies, has announced a comprehensive strategic partnership with NBA China. The partnership...

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