The Department of Justice sued Apple on Thursday, saying its iPhone ecosystem is a monopoly that drove its “astronomical valuation” at the expense of consumers, developers and rival phone makers. The lawsuit claims that Apple’s anti-competitive practices extend beyond the iPhone and Apple Watch businesses, citing Apple’s advertising, browser, FaceTime and news offerings. “Each step … Read more
Neon advertisements in Osaka’s Dotonbori district in Japan Alexander Spatari | Moment | Getty Images Japan’s central bank on Tuesday finally ended its experiment with negative rates and unconventional easing tools which were aimed at reflating the world’s fourth-largest economy. The Bank of Japan’s decision came just days after Rengo, Japan’s largest federation of trade … Read more
An editorial montage of the Japan flag and Japanese yen cash bank notes Javier Ghersi | Moment | Getty Images Japan’s central bank raised interest rates on Tuesday for the first time since 2007, ending the world’s only negative rates regime and other unconventional policy easing measures enacted over the course of the last few … Read more
ATHENS, Greece — Lawmakers begin a debate Wednesday on a landmark bill to legalize same-sex marriage that would make Greece the first Orthodox Christian country to do so. The Valentine’s Day session in parliament follows vocal opposition and protests from the church but also a shift in public opinion which – while still divided – … Read more
Lilly Palmer’s ascent to techno superstardom has been turbocharged after signing a landmark record deal with Armada Music and Kontor. The deal arrives after a breakout year that saw Palmer perform on the storied Mainstage of Tomorrowland, the world’s largest and most popular electronic dance music festival. She also released a slew of festival favorites … Read more
Shandong-based Orienspace pulled off its first-ever launch, breaking the record for the largest payload capacity on a commercial rocket for China’s growing space industry. Would Peter Capaldi Return to Doctor Who? The Chinese company launched the Gravity-1 rocket on Thursday at 12:30 a.m. ET from a mobile platform in the Yellow Sea, producing massive plumes … Read more
SEOUL, South Korea — South Korea’s parliament on Tuesday endorsed landmark legislation outlawing the country’s dwindling dog meat industry, as public calls for the ban have grown sharply amid animal rights campaigns and worries about the country’s international image. Some angry dog farmers said they plan to file a constitutional appeal and launch rallies in … Read more
Former Chicago Ald. Edward Burke was convicted by a federal jury Thursday of racketeering conspiracy and a dozen other counts for using the clout of his elected office to win private law business from developers. The guilty verdict on the marquee charge of the indictment capped a stunning fall for Burke, the former head of … Read more
HONG KONG — A landmark national security trial opened Monday in Hong Kong for prominent activist publisher Jimmy Lai, who faces a possible life sentence if convicted under a law imposed by Beijing to crush dissidents. Lai, 76, was arrested in August 2020 during a crackdown on the city’s pro-democracy movement under the sweeping national … Read more
A photo taken on November 23, 2023 shows the logo of the ChatGPT application developed by US artificial intelligence research organization OpenAI on a smartphone screen (left) and the letters AI on a laptop screen in Frankfurt am Main, western Germany. Kirill Kudryavtsev | Afp | Getty Images The European Union on Friday agreed to … Read more