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Visa is in the antitrust crosshairs.The US Department of Justice filed a lawsuit on Tuesday arguing that the payment processing giant illegally maintained a monopoly with anti-competitive behavior and imposed unfair costs on customers and merchants.”We allege that Visa has unlawfully amassed the power to extract fees that far exceed…
French authorities charged Telegram CEO Pavel Durov with six crimes on Wednesday related to allegations that the tech leader allowed illegal activity to proliferate on his platform.Following Durov’s arrest this weekend, Telegram said in an unattributed statement that the CEO has “nothing to hide,” that the company abides by “EU…
By Kane Wu and Julie Zhu HONG KONG (Reuters) -Shein confidentially filed papers with Britain’s markets regulator in early June, two sources said, kicking off the process for a potential London listing by the online fast-fashion retailer later in the year. The China-founded company, which was valued at $66 billion…
