By AFP Translated by Nazia BIBI KEENOO Published April 18, 2025 Google has been found guilty of abusing its dominant position in the online advertising industry, marking a second major legal blow for the California-based tech giant. The ruling follows a previous judgment in 2024, when the company was found guilty of anticompetitive behavior in…
Translated by Nazia BIBI KEENOO Published April 17, 2025 Hermès is continuing its momentum into 2025, despite a complex economic backdrop. In the first quarter, the French luxury house reported revenue of €4.1 billion, marking a 9% increase, or 7% at constant exchange rates, compared to the same period last year. Growth was seen across…
The Federal Trade Commission on Monday accused Meta of creating a monopoly that squelched competition by buying start-ups that stood in its way, kicking off a landmark antitrust trial that could dismantle a social media empire that has transformed how the world connects online. In a packed courtroom in the U.S. District Court of the…
Soon after Mark Zuckerberg co-founded Facebook in his Harvard dorm room in 2004, the social network skyrocketed in popularity. Roughly a decade later, the company experienced another round of explosive growth after buying its smaller rivals Instagram and WhatsApp, cementing its place in social media. On Monday, Judge James Boasberg of the U.S. District Court…
Tallon Griekspoor follows through on a serve to Holger Rune in their quarterfinal match on Stadium 2 at the BNP Paribas Open in Indian Wells, Calif., on Thurs., March 13, 2025. Fifth-seeded Alex Michelsen rallied for a second-round win Thursday at the U.S. Men’s Clay Court Championship in Houston, giving U.S. players all eight quarterfinal…
At airports and land borders across the country, tourists and other visitors coming to the United States have reported being caught up in the Trump administration’s campaign of “enhanced vetting.” Even legal immigrants, like green card holders, and naturalized citizens have been pulled aside for additional questioning and searches. This has prompted questions about best…
The White House has spent the week trying to downplay the revelation that top national security officials discussed plans for U.S. strikes in Yemen on Houthi militants over Signal, a commercial messaging app. In a stunning breach of national security, the Defense Secretary, Pete Hegseth, disclosed specific operational details before the attacks in the group…
When Christina Cassotis, the chief executive of Pittsburgh International Airport, heard about the power outage that forced London’s Heathrow Airport to suspend operations last week, she thought of the workers who were frantically trying to manage the chaos. But when an outage hits closer to home, she has a more restrained response: Keep calm and…
Translated by Nazia BIBI KEENOO Published March 28, 2025 Luxury cashmere label Malo has a new owner. The Florence-based brand, founded in 1972 by brothers Alfredo and Giacomo Canessa, has been acquired by Glickman Capital, a U.S. private equity firm managing $2 billion in assets. The firm was founded by entrepreneur David Glickman, who is…
The Trump administration intends to terminate the United States’ financial support for Gavi, the organization that has helped purchase critical vaccines for children in developing countries, saving millions of lives over the past quarter century, and to significantly scale back support for efforts to combat malaria, one of the biggest killers globally. The administration has…
