FTC Announces Crackdown on Deceptive AI Claims, Schemes September 26, 2024 By Doina Chiacu The U.S. Federal Trade Commission announced actions against five companies on Wednesday that it said used artificial intelligence in deceptive...
U.S. Accuses Visa of Monopolizing Debit Card Swipes September 24, 2024 By Jody Godoy The U.S. Department of Justice sued Visa for alleged antitrust violations on Tuesday, accusing one of the world’s largest payment...
Toyota Cheated on Forklift Engine Emissions, U.S. Lawsuit Claims September 24, 2024 By Jonathan Stempel Toyota has been sued in a proposed U.S. class action accusing the Japanese automaker of emissions cheating in nine engines...
Hedge Fund Two Sigma in $100M Settlement Talks With SEC, WSJ Reports September 19, 2024 By Pritam Biswas Hedge fund Two Sigma is likely to have to pay as much as $100 million to resolve a U.S. Securities...
Live Nation Seeks to End U.S. States’ Claim of Damages for Concertgoers September 19, 2024 By Jody Godoy Live Nation Entertainment asked a federal judge in New York on Thursday to dismiss several states’ claims that the live...
Google Wins Fight Over €1.5 Billion EU Fine for Ads Abuse September 19, 2024 By Samuel Stolton Google won a court fight with the European Union over a €1.5 billion ($1.7 billion) fine for thwarting competition for...
Product Recall Trends: Navigating New Compounding Risks in 2024 September 13, 2024 By Chris Harvey The past quarter alone has been an active season for product recalls in the U.S. From April to June, 254.56...
U.S. SEC Hits 7 Public Companies with Penalties for Violating Whistleblower Protections September 10, 2024 By Chris Prentice Seven public companies agreed to pay a combined $3 million to settle U.S. Securities and Exchange Commission charges they violated...
Snapchat Sued By New Mexico Over Failure to Protect Children From Sexual Exploitation September 6, 2024 By Sheila Dang New Mexico said on Thursday it filed a lawsuit against Snapchat owner Snap Inc. alleging that the messaging app’s policies...
SEC’s WhatsApp Probe Expands as Moody’s, S&P Hit With Fines September 4, 2024 By Lydia Beyoud Moody’s Corp., S&P Global Inc. and Fitch Ratings Inc. will pay a combined $48 million over allegations that the credit-rating...