Microsoft faces a £1B ($1.27B) lawsuit from UK firms over allegedly overcharging for Windows Server software used on rival cloud platforms, aiming to restrict competition and push customers to Azure.
Legal & Regulatory
Underage Gambling No Longer a Crime in New Jersey; Lawmakers Push for Fines instead
New Jersey lawmakers propose replacing criminal charges for underage gambling with fines, directing funds to gambling prevention and treatment programs.
Japanese Bank Apologizes After Employee Admits to Stealing $6.6 Million from Clients
MUFG, Japan's top bank, apologized after an employee stole over $6.6 million from safe deposit boxes; investigations are ongoing with compensation planned.
Trump and Tesla Teams Up to End Crash Reporting Rule, Weakening Oversight of Self-Driving Car
The Trump team may scrap Tesla-opposed crash-reporting rules, potentially altering vehicle safety regulation.
Nvidia Shares Drop 2.6% Following China's Antimonopoly Probe Over Mellanox Acquisition
Nvidia shares drop following Chinese probe into Mellanox acquisition, tied to escalating US-China chipmaking tensions and anti-monopoly concerns.
Latest News
A Delaware judge rejected Musk's $56B Tesla pay package again, ordering Tesla to pay $345M in legal fees despite shareholder support for reinstatement.
Canadian media outlets are suing OpenAI for allegedly violating copyright laws by using news articles to train ChatGPT, seeking punitive damages and future restrictions.
US airlines have collected billions in extra fees like seat selection and carry-on charges, sparking new Biden administration regulations to protect consumers.
Protests in New Delhi erupted against Gautam Adani over his $250 million bribery fee for a solar project, which India Prime Minister Modi allegedly allowed and protected.
A federal judge rejected SEC sanctions against Elon Musk for missing testimony in its probe into his delayed disclosure of Twitter stock purchases in 2022.
Satellite images show Russia supplying North Korea with illicit oil shipments, violating UN sanctions, in exchange for military support amid ongoing ties since March 2024.
US authorities charge indian billionaire, Gautam Adani and others over a $250M bribery scheme involving solar contracts, leading to financial losses and political fallout for the Adani Group.
The US Department of Justice is pushing to break up Google's monopoly by forcing it to sell Chrome and limit its control over Android, search, and ad pricing.
Ben & Jerry's sues Unilever, alleging censorship of its statements on Gaza, claiming violations of its independent board's rights and its social mission.
