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Boardroom scene of Coupang executives facing Q1 net loss and data breach fallout.
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Coupang swings to Q1 net loss amid data breach fallout

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U.S.-listed e-commerce giant Coupang swung to a net loss in the first quarter amid fallout from a massive customer data breach in South Korea. The company posted a $266 million deficit for January-March, compared with a $114 million profit a year earlier. Founder and Chairman Bom Kim said one-time vouchers and temporary inefficiencies from weaker demand were key factors.

Otoritas Persaingan dan Pasar (CMA) Inggris akan memulai investigasi resmi bulan ini terhadap praktik perangkat lunak bisnis Microsoft. Para pejabat bertujuan untuk menilai apakah penggabungan produk seperti Windows, Word, Excel, Teams, dan Copilot membatasi persaingan.

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The U.S. Supreme Court has refused to hear Apple's appeal in its long-running legal battle with Epic Games. The decision upholds a lower court finding that Apple violated an injunction by limiting third-party payment options on iOS devices.

A New York federal jury heard closing arguments on April 9 in the Live Nation antitrust trial, with deliberations set to begin on April 10. The case, brought by 33 states and the District of Columbia after a U.S. Department of Justice settlement, focuses on whether Live Nation violated antitrust laws through exclusive practices. The states seek divestiture of Ticketmaster, while Live Nation defends itself as a fair competitor.

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South Korea's Fair Trade Commission (FTC) imposed collusion-related corporate fines more than triple the total for all of 2025 in the first quarter, data showed. According to corporate tracker CEO Score, the January-March fines reached 689.1 billion won ($456 million). These accounted for 97.5 percent of total corporate fines of 707 billion won.

David Ellison's Paramount has increased its offer for Warner Bros. Discovery beyond the previous $30 per share, aiming to disrupt Netflix's pending acquisition. The revised bid comes as a seven-day negotiating window expires on February 23, 2026. Netflix retains the right to match any improved proposal.

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Live Nation's head of corporate and regulatory affairs, Dan Wall, has publicly called for the Department of Justice to settle its antitrust case against the company without requiring the sale of Ticketmaster. In a blog post, Wall argues that recent court rulings weaken the government's position for a breakup. The case heads to trial next month amid ongoing negotiations.

 

 

 

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