Tech giants like Google and Facebook are 'ripe for the plucking,' says investor Jim Mellon

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Tech giants like Google and Facebook are 'ripe for the plucking,' says investor Jim Mellon

Increased regulation and litigation lies ahead for tech giants like Facebook and Google, British investor Jim Mellon says. Mellon said he saw possible regulations even bigger than what hit banks after the 2008 financial crisis.
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Xi Jinping Has a New Signup For China's Pollution Fight: Walmart

Because so much of what the world consumes is made in China, cutting emissions in the country can have a big global impact, said Justin Wu, head of Asia-Pacific for Bloomberg New Energy Finance. “For corporations, the holy grail of achieving something significant in emissions reduction is to do
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Ecuador Cuts WikiLeaks Chief's Internet, to Talk to His Lawyers

Ecuador says it will meet with attorneys for the WikiLeaks founder Julian Assange next week after the South American nation shut down his internet access at its London embassy for breaching the terms of his asylum. Foreign Minister Maria Fernanda Espinosa made the announcement on Wednesday,
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DMX sentenced to year in prison for tax fraud

Rapper and actor DMX was sentenced to one year in prison for tax fraud for evading taxes from 2010 to 2016. DMX, whose real name is Earl Simmons, was accused of concealing millions of dollars in income from the Internal Revenue Service and avoided paying $1.7 million of tax liabilities. He pled
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CME Group Seals Deal to Buy UK's NEX for $5.4 Billion

NEX, formerly known as ICAP PLC, owns the biggest electronic platform for U.S. Treasury bonds trading, called BrokerTec, and runs major electronic markets for foreign-exchange trading.
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