A U.S. judge on Monday ordered Cisco Systems Inc to pay $1.9 billion after a Virginia company accused it of infringing patents related to complex computer network security functions.
Slack Technologies Inc said on Monday some of it users were facing faulty performance on its workplace messaging platform, which is widely used by employees working remotely during the COVID-19 pandemic.
U.S. stocks were up more than 1% in afternoon trading Monday, recovering from declines in the previous session as investors were optimistic about more fiscal stimulus and mostly favorable updates on President Donald Trump's coronavirus symptoms.
Bank of America Corp said on Monday it is rolling out a digital financial planning tool, wading into a space that has so far been dominated by fintech companies.
Growing risk appetite helped push U.S. stocks and crude prices higher on Monday as renewed optimism surrounding stimulus negotiations and news of President Donald Trump's health progress helped calm investor anxiety.
Federal Communications Commission Chairman Ajit Pai said on Monday he stands by the agency's repeal of landmark net neutrality rules and circulated a proposal to address three issues raised by a U.S. appeals court.
Cineworld , the world's second-biggest cinema chain, will close its UK and U.S. movie theaters this week, leaving as many as 45,000 workers unemployed for the foreseeable future as it fights to survive a coronavirus collapse in film-making and cinema-going.
The chief executive of Cineworld said he had no choice but to close UK and U.S. sites because the cinema chain was bleeding too much cash to keep them open.
China said at a World Trade Organization meeting that restrictions by the United States on Chinese mobile applications TikTok and WeChat are in violation of the body's rules, a trade official said.
Deutsche Lufthansa is burning cash at a rate of 500 million euros ($590 million) per month and is far from breaking even, the German airline's chief executive said on Monday.
Supermarkets, food manufacturers and restaurant chains under pressure from campaigners over their environmental impact urged Britain to strengthen a plan to stop tropical forests from being cut down to grow cocoa, palm oil and soy. Francesca Lynagh reports.
The renewed effort in the U.S. Congress to reach a fresh deal to pump coronavirus relief funds into the pandemic-hit economy has been further complicated by the news that President Donald Trump and three Senate Republicans have tested positive. Fred Katayama reports.
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