Autonomy founder Mike Lynch and former finance executive Stephen Chamberlain were acquitted of all fraud charges by a San Francisco jury, marking a significant legal victory following the contentious $11 billion sale of Autonomy to Hewlett-Packard.
Legal & Regulatory
Spirit Airlines CEO Denies Bankruptcy Plans Amid Market Struggles
Spirit Airlines CEO reassured that they are not considering Chapter 11 bankruptcy following the collapse of its acquisition by JetBlue Airways.
Singapore Authorities Advise Victims to Report Ransomware Attacks Instead of Paying
Singapore authorities urge victims of the Akira ransomware group to report incidents and advise against paying ransomware. However, data recovery is not guaranteed.
Ex-Vatican Employee Arrested for Fraud in Sting Operation
It was recently revealed that former Vatican employee Alfio Maria Daniele Pergolizzi was arrested in a sting operation for attempting to sell back a manuscript he allegedly pilfered from the archives of St. Peter’s Basilica.
France Arrested Palestinian Man on Charges of Financing Terrorism
France has arrested and charged a Palestinian man for allegedly financing terrorism. France has charged a Palestinian man for allegedly financing terrorism and complicity in attempted murder after he was suspected of being involved in attacks against Israelis in the occupied West Bank in 2023.
Latest News
FDA announced the Juul ban reversal. The American regulator said that the e-cigarette brand is now back under agency review.
Amazon faces a £1 billion ($1.3 billion) lawsuit from British retailers, led by the British Independent Retailers Association (BIRA), accusing the company of misusing their data to boost its own market share and profits by undercutting them with cheaper rival products.
The Supreme Court ruled in favor of Native American tribes, mandating the government cover substantial overhead costs incurred by tribes when taking control of their healthcare programs. This overturned previous assertions by the Department of Health and Human Services.
Su Jianfeng, involved in Singapore’s largest money laundering case, pleaded guilty, and his sentencing was postponed to Monday. He and his wife agreed to forfeit 95% of seized assets worth $138 million.
The National Association for the Advancement of Colored People (NAACP) has threatened to reimpose a travel ban on American Airlines after eight Black men were removed from a flight last month.
The US Justice Department and the Federal Trade Commission reached an agreement that allowed them to proceed with antitrust inquiries into the significant roles Microsoft, Nvidia, and OpenAI have been doing in the development of artificial intelligence.
A high EU court sided with Irish fast-food competitor Supermac's over McDonald's in a "Big Mac" trademark dispute.
The FAA will extend temporary cuts to minimum flight requirements in New York City-area airports until October 2025.
A Palestinian-American who previously worked for Meta filed a discrimination lawsuit in a California state court against his former employer for allegedly being biased in its handling of content related to the war in Gaza.
