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Apple to file challenge over Digital Markets Act in EU court - Bloomberg News

Apple is set to challenge the European Union's decision to put all of the App Store into the bloc's new digital antitrust list, Bloomberg News reported on Friday, citing people familiar with the matter.

ICBC ransomware attack triggers global regulator, trader scrutiny

Global regulators and bond traders were on Friday trying to gauge the impact of a ransomware attack on the Industrial and Commercial Bank of China (ICBC), China's biggest bank, that disrupted trades in the vital U.S. Treasuries market this week.

Billionaire Ron Baron says SpaceX will be worth about $500 bln by 2030

Elon Musk's SpaceX will be worth about $500 billion by 2030, billionaire investor Ron Baron said in an interview with CNBC on Friday.

Boeing data published by Lockbit hacking gang

Internal data from Boeing , one of the world's largest defence and space contractors, was published online on Friday by Lockbit, a cybercrime gang which extorts its victims by stealing and releasing data unless a ransom is paid.

Ad tech firm Trade Desk sinks as auto, Hollywood strikes hit forecast

Shares of advertising tech firm Trade Desk plunged 19% on Friday following a quarterly revenue forecast dented by a slowdown in spending from labor strike-hit automakers and media companies.

Musk's X has a fraction of rivals' content moderators, EU says

Elon Musk's X social media platform has just 2,294 content moderators to ensure users comply with EU online content rules, significantly fewer than Google and TikTok, a senior European Commission official said on Friday.

ADNOC Drilling, Alpha Dhabi announce investment partnership

The UAE's ADNOC Drilling and Alpha Dhabi will establish a strategic partnership to invest up to $1.5 billion to acquire technology-enabled companies in energy and oilfield services, they said in a statement on Friday.

India cenbank asks LSEG to explain forex system outage - source

The Reserve Bank of India has sought an explanation from financial technology and data provider LSEG about an outage in the spot foreign exchange market on Friday, a source aware of the development said.

Truckmaker Volvo to buy Proterra's battery business for $210 mln

Swedish truckmaker Volvo said on Friday it had won an auction for the battery business of troubled Proterra in the United States with a $210 million bid.

Meta and Snap must detail child protection measures by Dec. 1, EU says

Facebook owner Meta Platforms and social media company Snap have been given a Dec. 1 deadline by the EU to give more information on how they protect children from illegal and harmful content, the European Commission said on Friday.

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