JAKARTA, May 28 (Reuters) - Indonesia's antitrust agency on Tuesday accused e-commerce platform Shopee's local unit of violating anti-competition rules by directing customers to use certain delivery services, news website Bisnis.com reported. The agency, known as KPPU, has found that Shopee from March 2021 stopped listing several delivery service providers it had previously used, leaving customers with two companies as...

04:13 AM EDT, 05/28/2024 (MT Newswires) -- (Updates with responses from Micron and Netlist in the third and fourth paragraphs.) Micron Technology ( MU ) was ordered by a jury to pay $445 million in damages to Netlist in a patent infringement case, a legal document issued Thursday by the District Court in the Eastern District of Texas showed. The...

04:27 AM EDT, 05/28/2024 (MT Newswires) -- Elbit Systems ( ESLT ) reported Q1 non-GAAP earnings Tuesday of $1.81 per diluted share, up from $1.78 a year earlier. One analyst polled by Capital IQ expected $1.60. Revenue for the quarter ended March 31 was $1.55 billion, compared with $1.39 billion a year earlier. One analyst surveyed by Capital IQ expected...

Elwood is in talks to sell part of the business, focusing more on the portfolio management and risk management services and less on the trading side, according to sources.The current reorganization of hedge fund manager Alan Howard's portfolio of crypto investments has resulted in changes at Elwood, a source told CoinDesk.Elwood Technologies, the cryptocurrency-focused trade execution and risk management platform...