WMG - iPhone 15 May Face Hurdle In China FTC Could Prosecute Amazon.com Over Antitrust Claims United Airlines Planes Back In Air: Today's Top Stories | Benzinga

September, 06 2023 01:43 PM Warner Music Group Corp.

Wall Street Journal

The Chinese government has banned its officials from using Apple Inc.'s (NASDAQ: AAPL) iPhones and other foreign-branded devices at work, dealing a blow to the company just days ahead of its 'Wonderlust' iPhone 15 launch event.
Chinese government officials have been banned from using iPhones and other foreign-made devices at work.
While China's iPhone ban applies only to government officials at work, the scope has significantly expanded.

The Federal Trade Commission (FTC) could prosecute Amazon.com Inc (NASDAQ: AMZN) over antitrust claims. Amazon's legal team engaged in a video conference with FTC officials on 15 August, typically a final effort to avoid a court battle.
However, Amazon did not propose any specific concessions during this crucial meeting.
The FTC, which has been investigating Amazon's practices for several years, plans to file its lawsuit against the tech giant later this month.

Toyota Motor Corporation (NYSE: TM) launched a new version of its chauffeur-driven Century model in Japan, with a monthly base sales volume of 30 units.
The new model of the Century will be fully customizable globally.
The production of the latest model will be done in the Tahara Plant. The manufacturer's suggested retail price for the vehicle is JPY25 million (~$170,000).

Benzinga

Arm Holdings Ltd, a chip designer backed by SoftBank Group Corp (OTC: SFTBF) (OTC: SFTBY), has officially launched its roadshow for its highly anticipated initial public offering.
The company aims to convince investors that it's worth as much as $52 billion in what could be the most significant share sale ...