Tony Boyce

Tony Boyce is a seasoned journalist and editor at Sharks Magazine, where his expertise in business and startups journalism shines through his compelling storytelling and in-depth analysis. With 12 years of experience navigating the intricate world of entrepreneurship and business news, Tony has become a trusted voice for readers seeking insights into the latest trends, strategies, and success stories.

Under Armour said on Friday that it had decided to pay $434 million to reimburse a 2017 class action case blaming the sports apparel maker of cheating shareholders about its earnings growth to meet Wall Street predictions.

June 22, 2024

Business

Under Armour agrees to $434m settlement in shareholder fraud lawsuit

According to a source familiar with the case, the U.S. Department of Justice intends to focus an upcoming suit against TikTok on allegations that the famous social media platform infringed kids' privacy rights rather than claims that it deceived adult users about its data privacy practices.

June 22, 2024

Tech

US Department of Justice to sue TikTok

Under Armour has agreed to a $434 million deal to resolve a 2017 class action lawsuit against the company.

June 22, 2024

Business

Under Armour Settles Class Action Lawsuit for $434 Million

Nissan Motor has announced the stoppage of production at its Changzhou facility in China, hoping to optimize its operations.

June 22, 2024

Business

Nissan Halts Production at Changzhou Plant in China

Boeing has indicated that several engineers from the experimental X-66A plane project will be temporarily reallocated.

June 21, 2024

Business

Boeing Temporarily Shifts Engineers from X-66A Project

China is putting pressure on Visa and Mastercard to reduce their domestic bank card transaction costs in order to facilitate payments.

June 21, 2024

World

China Urges Visa and Mastercard to Reduce Transaction Fees

PayPal has hired Srini Venkatesan, one of Walmart's top tech directors, as its new chief tech officer. The firm told Reuters on Thursday that Venkatesan would lead its stimulus into AI.

June 20, 2024

Tech

PayPal appoints Srini Venkatesan as chief tech officer

The Bank of England kept its primary interest rate intact at a 16-year high of 5.25% on Thursday ahead of a July 4 election, but a few policymakers said their decision not to cut rates was now "finely balanced."

June 20, 2024

Business

Bank of England holds interest rates steady at 5.25%

On Tuesday, Nvidia became the planet's most valuable firm, overpowering tech heavyweight Microsoft as its high-end processors play a significant role in a scramble to overwhelm artificial intelligence technology.

June 19, 2024

Tech

Nvidia becomes world’s most valuable company, surpassing Microsoft and Apple

Sweden's financial supervisory authority has penalized Nasdaq Stockholm 100 million Swedish crowns ($9.59 million) for not conceding with bourse rules on a few occasions in recent years, the regulator said in a report on Wednesday.

June 19, 2024

Business

Sweden’s financial regulator fines Nasdaq Stockholm $9.59m

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