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BEIJING: Chinese state media lashed out at Google, Apple and other US technology companies on Wednesday, calling on Beijing "to punish severely the pawns" of the US government for monitoring China and stealing secrets.
NEW YORK: A U.S. judge on Thursday expressed concern over a proposed US$450 million settlement of claims Apple Inc conspired with five publishers to fix e-book prices, saying its provisions could drastically reduce money paid to consumers depending on appeals.
NEW YORK: A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American International Group Inc, over the insurer's government bailout, clearing the way for a Sept. 29 trial.
SAN FRANCISCO: A former bank executive has agreed to plead guilty in a U.S. criminal case resulting from the bank's failure after it received a $300 million federal bailout, according to a court filing on Friday
BOSTON: Two U.S. states are investigating the theft of 83 million customer records from JPMorgan Chase & Co in a massive cyber attack uncovered over the summer, and more may soon join, Reuters learned on Friday.
SEATTLE: Boeing Co said on Thursday it would take an after-tax charge of US$4.9bil in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 MAX passenger jets after two deadly crashes.
LOS ANGELES: The Federal Trade Commission voted to fine Facebook around $5 billion for violations of the FTC's consumer-privacy rules, according to multiple media reports -- the biggest privacy-related fine in the commission's history.