US weekly jobless claims fall; first-quarter GDP revised higher
WASHINGTON The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to continued
2023-06-29 20:57
Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy
By Jane Lanhee Lee and Eduardo Baptista The sale of struggling Silicon Valley startup zGlue’s patents in 2021
2023-07-13 17:25
Lasting Recovery in Small Caps Still Elusive as Debt Costs Bite
The powerful rally in small-cap stocks looks like yet another false start rather than a lasting recovery. The
2023-11-19 20:58
BOJ Sees Little Need to Act on Yield Control for Now, Sources Say
Bank of Japan officials see little urgent need to address the side effects of its yield curve control
2023-07-21 16:49
Business leaders left in limbo by rate hike impact lag
By Leigh Thomas and Mathieu Rosemain AIX-EN-PROVENCE, France An unusually long lag in the time interest rate hikes
2023-07-09 22:25
Hedge funds grow more cautious on crypto after turmoil
By Nell Mackenzie and Elizabeth Howcroft LONDON Global hedge funds not specialising in crypto assets have grown skittish
2023-07-12 00:48
Futures lower as focus shifts to inflation data
U.S. stock index futures were lower on Wednesday as investors awaited a key reading on inflation to see
2023-05-10 18:45
Google rebounds from unprecedented drop in ad drop with a resurgence that pushes stock higher
Google snapped out of an unprecedented advertising slump during its latest quarter, signaling a return to growth cycle needed to fuel investments in artificial intelligence technology that expected to reshape the competitive landscape
2023-07-26 04:49
Elon Musk’s ‘X’ already trademarked by Mark Zuckerberg’s Meta for ‘social networking services’
Elon Musk may face legal difficulties after rebranding Twitter to X, trademark experts have warned, with tech rivals Meta and Microsoft both owning intellectual property rights for the letter. The tech billionaire renamed the social network on Monday, nine months after taking over the company in a $44 billion deal. The name change forms part of his plan to turn the platform into an “everything app”, which will offer services akin to China’s WeChat and India’s PayTM. X chief executive Linda Yaccarino said the company wanted to “transform the global town square” to integrate payments, banking and create a “global marketplace for ideas, goods, services, and opportunities”. Before achieving this goal, however, IP lawyers claim Mr Musk’s firm may face challenges from its competitors. “There’s a 100 per cent chance that Twitter is going to get sued over this by somebody,” US trademark lawyer Josh Gerben told Reuters, noting that there are nearly 900 active US trademark registrations that already cover the letter X. These include Mark Zuckerberg’s Meta, which owns a federal trademark for a blue-and-white letter ‘X’ relating to “social networking services in the fields of entertainment, gaming and application development”. Microsoft also has registered trademarks for the letter ‘X’ relating to its Xbox video game console. Neither company responded to a request for comment. Mr Musk first owned the X.com domain in 1999, when he founded a financial services company that later went on to become PayPal. He reacquired the domain in 2017 after making a deal with his former company, before tweeting in October 2022 that buying Twitter was “an accelerant to creating X, the everything app”. It is not clear whether Mr Musk has applied for a trademark for X, but if he succeeds he may still face difficulties in protecting the registered rights against other brands using the letter. “The very essence of trade mark registration is obtaining an exclusive right to the brand that is registered,” Matthew Harris, a trademark lawyer with Pinsent Masons, told The Independent. “It may be difficult to obtain for Elon Musk under the ‘X’ rebrand, not to mention the difficulty, should he obtain registered protection, in trying to enforce any registered rights in ‘X’ against other brands using a similar name.” Read More What is Elon Musk’s ‘everything app’ X? Twitter to X: Why Elon Musk rebranded the social networking platform Twitter rebrands to X as Elon Musk loses iconic bird logo What is Elon Musk’s ‘everything app’ X?
2023-07-25 20:56
Aussie rises on higher rates risk, dollar pauses
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) -The U.S. dollar steadied on Wednesday, back near last week's close after
2023-10-25 16:56
Republican Matt Gaetz Moves to Formally Remove Kevin McCarthy as Speaker
Republican Matt Gaetz officially moved to topple House Speaker Kevin McCarthy on Monday, teeing up a high-stakes vote
2023-10-03 07:58
PPG names Limitless as 2024 Color of the Year, inspiring endless possibilities
PITTSBURGH--(BUSINESS WIRE)--Aug 22, 2023--
2023-08-22 20:58
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