Elon Musk’s relationship to Twitter advertisers over the past year can best be described as “adversarial,” but the Tesla CEO announced a new level of combativeness Thursday: He intends to take brands who took their ad spend away from the platform to court in hopes they’ll be criminally prosecuted for not paying him. Tesla’s Cybertruck … Read more
A US judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants who accept their credit and debit cards. US District Judge Margo Brodie in Brooklyn concluded that she was not likely to grant final approval to the settlement, and therefore denied the plaintiffs’ request for … Read more
China has pledged to make it easier for foreigners to use payment apps and to reduce barriers for the private sector as part of its latest efforts to restore investor confidence. On Friday state news agency Xinhua reported that the State Council, China’s cabinet, had approved unspecified measures to make it easier for foreigners and … Read more
