Business and Economy

Business and Economy Latest News

US rests case in landmark Meta antitrust trial
US rests case in landmark Meta antitrust trial
by  AFP

The US government rested its case against Facebook-owner Meta on Thursday, as it tries to persuade a US judge that the tech giant bought Instagram and WhatsApp to neutralize them as rivals.

Coinbase expects data breach to cost it up to $400 mn
Coinbase expects data breach to cost it up to $400 mn
by  AFP

Coinbase on Thursday said criminals bribed and duped their way to stealing cryptocurrency from its users, then tried to blackmail the exchange to keep the crime quiet. "Cyber criminals bribed and recruited a group of rogue overseas support agents to steal Coinbase customer data to facilitate social engineering attacks," the leading US cryptocurrency exchange said in a blog post.

US set to lose $12.5 bn in foreign tourism in 2025: industry
US set to lose $12.5 bn in foreign tourism in 2025: industry
by  AFP

The United States is on track to lose some $12.5 billion in revenue from foreign tourists this year, a tourism industry group said Thursday, as the Trump administration has led a crackdown in immigrants. The study by the World Travel and Tourism Council (WTTC) and Oxford Economics found that the United States was the only country set to see a drop in spending from foreign tourists this year.

Energy

Money

Industry

Technology

Economy