Visa, Mastercard $30 billion swipe-fee deal in jeopardy; analysts weigh in
A $30 billion settlement between Visa (NYSE:V), Mastercard (NYSE:MA) and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, marking a setback in a litigation battle that has spanned two decades, Bloomberg News reported. Judge Margo Brodie of the US District Court for the Eastern District of […]
Google’s Android apps are coming in 3D via Xreal as competition with Apple’s Vision Pro heats up
BEIJING — Games and movies on Google Play Store apps can now be viewed in three dimensions via a new Android mobile device from augmented reality glasses maker Xreal, the Alibaba-backed startup said Tuesday. The Beam Pro, the company’s latest product, is a smartphone-like device that can be used with AR glasses as a virtual mouse, […]
Morning Bid: Wall Street’s growth gasp as rates, dollar, oil skid
A look at the day ahead in U.S. and global markets from Mike Dolan With a still-powerful “buy the dip” instinct in stocks, U.S. markets are having a rare bout of jitters about a slowing economy – with Treasury yields, the dollar and oil prices all swooning over the past 24 hours. Wall Street’s tech-led “bounce-ability” was […]