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Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Levi Strauss Gaining Market Share Amid Outperformance in Wholesale, BofA Says
Levi Strauss Gaining Market Share Amid Outperformance in Wholesale, BofA Says
Jun 24, 2025
11:09 AM EDT, 06/24/2025 (MT Newswires) -- Levi Strauss (LEVI) continues to gain market share, supported by outperformance in the wholesale category, BofA Securities said in a note Tuesday. The investment firm estimates Q2 earnings per share at $0.14, slightly above consensus, driven by stronger revenue expectations. While Q2 typically represents only about 11% of full-year EPS, BofA called it...
Krispy Kreme, McDonald's End Collaboration Amid Doughnut Maker's Cost Challenges
Krispy Kreme, McDonald's End Collaboration Amid Doughnut Maker's Cost Challenges
Jun 24, 2025
11:06 AM EDT, 06/24/2025 (MT Newswires) -- McDonald's (MCD) and Krispy Kreme (DNUT) said Tuesday that they will discontinue their collaboration as the doughnut maker struggled with turning a profit on the venture. Under the collaboration, Krispy Kreme doughnuts became part of breakfast offerings at about 2,400 McDonald's restaurants in the US. Ultimately, efforts to bring our costs in line...
US safety board criticizes Boeing, FAA over 737 MAX 9 panel blowout
US safety board criticizes Boeing, FAA over 737 MAX 9 panel blowout
Jun 24, 2025
* NTSB criticizes Boeing's ( BA ) safety culture and FAA oversight * NTSB chair: 'It's nothing short of a miracle' that no fatalities, serious injuries * January 2024 incident led to criminal investigation and Boeing ( BA ) CEO's resignation (Rewrites with board meeting ongoing in paragraphs 1-5) By David Shepardson WASHINGTON, June 24 (Reuters) - A U.S. National...
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Thailand Launches Crypto
Thailand Launches Crypto
Aug 18, 2025
Thailand will launch a new scheme on Monday, August 18, to allow foreign visitors to convert cryptocurrency into Thai Baht for payments within the country. The initiative called “TouristDigiPay” is a direct response to a significant slowdown in tourism, primarily due to a decline in tourists from China, on which the country relies heavily, according to The Nation. Tourism momentum...
Tron Short
Tron Short
Aug 20, 2025
Tron (TRX) short-term holders (STHs) are witnessing good returns, with some groups now sitting on profits exceeding 30% in just three months. Recent analysis by CryptoQuant contributor Burak Kesmeci shows that one-week holders of the token are currently up 3.8%, while one-month holders have gained 10.3%. However, three-month TRX holders are enjoying the biggest profit margin, with their investment up...
Monero (XMR) Suffers 51% Attack, Kraken Halts Deposits
Monero (XMR) Suffers 51% Attack, Kraken Halts Deposits
Aug 18, 2025
The blockchain focused on user privacy saw one of its mining pools take over the networks hash rate. No damage has been reported yet, but history suggests that extensive losses could occur once the harm has been done. Taking Over Control The cryptocurrency exchange Kraken has temporarily stopped Monero deposits to the platform due to the ongoing 51% attack against...
Is This the Moment to Buy Bitcoin as BTC Sentiment Sinks to Fear?
Is This the Moment to Buy Bitcoin as BTC Sentiment Sinks to Fear?
Aug 20, 2025
Bitcoin (BTC) sentiment on social media turned sharply negative on August 19 after the top cryptocurrency slipped below $113,000. However, analysts now suggest that the crowd’s sudden bearish tilt could create a potential setup that historically favors contrarian investors. A Dramatic Shift in Market Psychology According to data analytics platform Santiment, the mood across crypto communities on social platforms has...
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