Bloomberg The UK has set out sweeping new plans to regulate tech companies and impose massive fines, but has stopped short of saying how it will enforce the laws. The government will provide a new watchdog — the Digital Markets Unit — with the power to enforce competition rules, such as stopping firms from hurting rivals by preinstalling their own ...

  Bloomberg Elon Musk may be the world’s richest person, but that doesn’t mean he wants to put his massive fortune at risk to buy Twitter Inc. The Tesla Inc co-founder restructured his complex bid for the social-media giant by getting $7.1 billion in equity commitments from investors. He also cut in half the size of a record margin loan ...

Bloomberg Colombian inflation accelerated to its fastest pace since July 2000 last month, as the central bank signals it will continue to raise borrowing costs to rein in soaring prices. The annual inflation rate rises to 9.2% in April, the national statistics agency said, surprising all 24 analysts surveyed by Bloomberg who had a median forecast of 8.8%. The pace ...