German banks blocked $11.7 billion in PayPal payments on suspicion of fraud.
The Sueddeutsche Zeitung daily said on Wednesday, without citing its sources, that German banks had stopped PayPal payments totaling over 10 billion euros ($11.7 billion)
Afreximbank approves a $10 billion Gulf Crisis Response Programme to help African and Caribbean economies.
The African Export-Import Bank announced on Tuesday that it has authorized a $10 billion Gulf Crisis Response Programme to assist the economies of Africa and
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
EchoStar will sell cellular spectrum licenses to AT&T for $23 billion to avoid revocation by the FCC.
To strengthen its network in a cutthroat industry, AT&T said on Tuesday that it will pay roughly $23 billion to acquire important wireless spectrum licenses
Dr Pepper to rival Nestlé as a global coffee giant with an $18 billion takeover of JDE Peet’s.
With an $18 billion acquisition of JDE Peet’s, the U.S. soft drink giant Keurig Dr Pepper is poised to establish a worldwide coffee powerhouse to
Immigration boosted EU and US economies after the pandemic, ECB’s Lagarde says.
Christine Lagarde, president of the European Central Bank, stated on Saturday that Europe was able to cut inflation without experiencing a significant slowdown in GDP
Trump converts $11.1 billion in US government subsidies into a 10% ownership stake in struggling Intel.
Just a few weeks after portraying the company’s CEO as a conflicted leader unsuited for the position, President Donald Trump revealed on Friday that the
Africa’s Massive Interpol Cybercrime Crackdown Unveils 88,000 Victims and Recovery of $97.4m.
Interpol announced on Friday that 1,209 people have been arrested throughout Africa as part of a significant cybercrime crackdown that has recovered around $97.4 million.
China is set to achieve global currency status with yuan-backed stablecoins.
In a significant turnaround of its position on digital assets, China is thinking of permitting the use of yuan-backed stablecoins for the first time in
TikTok uses addictive algorithms to harm young people; Minnesota joins suit with 24 states.
Minnesota filed a lawsuit against TikTok on Tuesday, joining a growing number of states that claim the social media behemoth exploits youth by using algorithms
Japan’s SoftBank bets a $2 billion capital injection on troubled chipmaker Intel amid a turnaround.
SoftBank Group is investing $2 billion in Intel as a significant vote of confidence for the struggling American chipmaker in the midst of a turnaround.
Over 90% of video game developers use AI agents to streamline and automate tasks, a Google study shows.
As the video game industry looks to optimize costs after a wave of record layoffs, 87% of developers are employing AI agents to automate and
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