Irish regulator fines Facebook for privacy law violations Posted April 11, 2022 Ireland's privacy watchdog has fined Facebook's parent company, Meta, 17 million euros, or about $19 million, for violating Europe's privacy law. The regulator…
Ex-biotech executives sentenced for Genentech trade theft Posted April 7, 2022 Two co-founders of a Taiwan biotechnology company were sentenced Tuesday for plotting to steal trade secrets from Genentech in a $101 million scheme, prosecutors …
Ukraine bans exports of wheat, oats and other food staples Posted April 1, 2022 Ukraine's government has banned the export of wheat, oats and other staples that are crucial for global food supplies as authorities try to ensure they can feed people during Russ…
Business Spotlight: Lush Part 2 Posted March 27, 2022 Continued from Part 1… The reason for Lush’s success: its unique business model. Lush stores emphasize the sensory experience, selling most products w…
Business Spotlight: Lush Part 1 Posted March 26, 2022 In November 2021, cosmetics retailer Lush took a dramatic step for a 21st-century company — it suspended some of its social media accounts. Though done as a stance against online …
French brewer uses algae to make blue beer Posted March 23, 2022 A French brewer has started using algae with a naturally occurring pigment to turn its beer blue. The beer, with the brand name “Line,” is the result of a
Amazon heads to the mall with prototype clothing store Part 2 Posted March 20, 2022 Continued from Part 1… Amazon unseated Walmart as the largest clothing seller last year during the pandemic as more people began shopping online. Wells Fargo estima…
Amazon heads to the mall with prototype clothing store Part 1 Posted March 19, 2022 First, Amazon competed with malls. Now, it’s moving inside one. The online retailing giant said that it plans to open a clothing store in a Southern California mall later this …
555.55-Carat Black Diamond Lands in Dubai Posted March 15, 2022 Auction house Sotheby’s Dubai has unveiled a diamond that’s literally from out of this world. Sotheby’s calls the 555.55-carat black diamond —…
Business Spotlight: Olympus Part 2 Posted February 20, 2022 Continued from Part 1… Like many Japanese companies, Olympus struggled after the economic bubble burst, but nonetheless found success again in the late 1990s with digi…