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Ticketmaster owner sued by DOJ and 30 attorneys general over alleged monopoly

The Justice Department and 30 state and district attorneys general are attempting to break up Ticketmaster owner Live Nation. They claim in an antitrust suit filed in the Southern District of New York that the company has created an unlawful monopoly o…

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South Korea aims to bolster local chip production with $19 billion of support

South Korea is the latest country to support its local semiconductor industry in a significant fashion. It’s trying to stay competitive with the likes of the US, China and Taiwan with the help of a 26 trillion won ($19 billion) support package. The cou…

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Disney is laying off around 175 Pixar workers as it pulls back on original streaming shows

Pixar is losing around 175 of its workers amid a Disney cost-cutting drive. It was reported as far back as January that layoffs were planned for the digital animation pioneer and the studio's headcount is being reduced by around 14 percent.
Accordi…

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