On Tuesday, South Korean investment bank Mirae Asset Daewoo Co Ltd stated, it has won a U.S. lawsuit against China’s Anbang Insurance Group. The development comes in the wake of Mirae Asset affiliates scrapping a $5.8 billion deal to buy 15 U.S. hotels from Anbang, which then had filed a lawsuit against the South Korean…
In a statement, the Federal Communications Commission (FCC) said, a unit of Verizon Communications Inc has won multiple bids worth around $1.9 billion during the auction of a key spectrum block in the 3.5 GHz band. Totally, 228 bidders won bids worth nearly $4.6 billion for the mid-band spectrum block. The auction of the spectrum…
For Tesla and Musk scored a slam dunk win. For the second time, a federal judge in San Francisco has dismissed a securities fraud lawsuit brought on by Tesla Inc’s shareholders alleging that the company made misleading comments on the production status of its Model 3. U.S. District Judge Charles Breyer sided with Tesla, and…
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