Thursday, July 22, 2021

Reliance vs Amazon: CCI's 'bad news' for Amazon is 'good news' for Future Retail

CCI has accused Amazon.com Inc of concealing facts and making false submissions when it sought approval for a 2019 investment in a Future Group unit, a letter to the U.S. e-commerce giant seen by Reuters showed. The letter complicates Amazon's bitter legal battle with Future Group over the Indian's firm's decision to sell its retail assets to Reliance Industries. https://ift.tt/2UB4ymQ

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A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedly grew from $10.7B in 2016 to ~$51.1B in 2025 (Jared Perlo/NBC News)

Jared Perlo / NBC News : A US bill seeks to ban exports of DUV lithography tech to China, whose imports of chipmaking equipment reportedl...