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Europe ramps up pressure on tech giants

Officials in Europe are yet again ratcheting up the pressure on Silicon Valley titans. The European Union’s top court ruled Tuesday that tech giants regulated by privacy officials primarily in one EU country can still face legal action by privacy officials based in another member country. The ruling opens the door to more litigation against

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SPACs could stage a summer comeback

Special-purpose acquisition companies, or SPACs, were one of the stock market’s hottest trends in early 2021, drawing in billionaires, celebrities and athletes. Then, in early spring, enthusiasm began to wane, as “blank check” firms — which raise money from investors and then go hunting for takeover targets — started to receive greater scrutiny from lawmakers

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Australia and the United Kingdom are set to announce a post-Brexit trade deal

Australia and the United Kingdom are set to announce a free trade agreement Tuesday as Britain continues to forge new economic relationships post-Brexit. Australian Prime Minister Scott Morrison and British Prime Minister Boris Johnson will detail the plan during London morning hours at 10 Downing Street, a Morrison spokesperson told CNN Business. “Their agreement is

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