Menlo Park, US-based printer giant Hewlett-Packard (HP) settled with the US Department of Justice (DOJ) and the Security and Exchange Commission for $108 million over the bribery and money laundering charges filed against it.
Legal & Regulatory
Japan pulls out investments in China, directs focus to South East Asian countries
The territorial dispute between China and Japan has caused the latter to pull out its investments from the country and redirecting its focus to other South East Asian countries where it has already funded companies with USD22.8 billion last year.
Weibo celebrates public debut, venture capitalist Charles Xue release from prison
Two coincidental events took place as Weibo executives rejoiced the warm welcome it received from the international financial markets after its IPO on the NASDAQ and the release of venture capitalist and Weibo user Charles Xue.
New Jersey Community Bank Reports Revised Fourth Quarter and Full Year Results for 2013
FREEHOLD, NJ--(Marketwired - Apr 14, 2014) - New Jersey Community Bank (OTCQB: NJCB) (the "Bank") reported revised and updated results for the quarter and year ended December 31, 2013. The Bank had originally reported on January 27, 2014, net loss of $212 thousand, or $(0.11) per common share and earnings of $114 thousand, or $0.06 per common share, for the three months and year ended December 31, 2013, respectively. As revised, the Bank is now reporting net loss of $1.6 million, or $(0.82) per common share and $1.2 million, or $(0.65) per common share for the three months and year ended December 31, 2013.
Hacker Weev free from prison, talks about establishing a new hedge fund TRO LLC
Hacker Andrew Auernheimer a.k.a Weev has been freed from prison and talked about establishing a new hedge fund called TRO LLC, reported TechCrunch.
Latest News
Digital startups had been suffering the crippling effects of the social media outlets ban in Turkey, reported Venture Beat.
US-based video-sharing giant YouTube representative Gonenc Gurkaynak filed a legal complaint to the Turkish Consitutional Court against the ban that prime minister Recep Tayyip Erdogan issued against the service.
Dmirty Firtash, a Ukranian businessman was indicted of US bribery charges along with five other men over allegedly paying bribes to Indian government authorities to facilitate a mining project.
The US high court will be hearing an oral argument on the eligibility of software patent protection on Monday and will decide on the matter by the end of June, Reuters reported.
Chicago-based Trustwave Holdings Inc denied allegations on the lawsuit filed by two lenders that it managed Target's data security and processed the data of its cardholders, Reuters reported.
Three people told Reuters that employees already approached Chief Executive Officer Mark Karpeles in 2012 about how the bitcoin exchange was protecting the money of its clients.
The Tokyo District Court has extended the deadline of the investigation on the reason behind the failure of Tokyo-based Mt. Gox to May 9, Reuters reported.
Just over a week after blocking Twitter, Turkey is now moving to shut down access to YouTube in a bid to stem off the source of corruption scandal and reputation-damaging leaks related to Prime Minister Recep Tayyip Erdogan.
Canadian smartphone maker BlackBerry Ltd sued former executive vice-president Sebastien Marineau-Mes for breach of contract when he resigned to transfer to Apple in a case where the court ruled in favor of BlackBerry.
