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Meta Agrees to $1.4 Billion Settlement With Texas Over Facebook Images, Privacy Violations
The lawsuit accused Meta of illegally collecting the biometric information of millions of Texans without consent.
Boeing Names Robert Ortberg As New CEO Following Plea Deal and $1.4 Billion Loss
Aerospace industry veteran, Robert "Kelly" Orberg is Boeing's new CEO, effective August 8, 2024, replacing David Calhoun after a $1.4 billion loss in the second quarter and ongoing regulatory issues.
TikTok HQ in Singapore Reports Food Poisoning Incident After 60 Staff Fell Ill
Dozens of ByteDance employees in Singapore were hospitalized for severe food poisoning, prompting an investigation by health officials into the third-party catering service used by the company.
Citi Bank Breaches Fed Rule and Admits to Errors in Financial Reporting
Citigroup has repeatedly violated Regulation W, a U.S. Federal Reserve rule meant to limit risky intercompany transactions, leading to errors in its liquidity reporting.