Legal & Regulatory

Chinese Man Arrested as Cybercrime Ringleader in US-Led Bust; Luxury Assets Confiscated

Chinese Man Arrested as Cybercrime Ringleader in US-Led Bust; Luxury Assets Confiscated

The US and its allies arrested a Chinese man accused of leading a global cybercrime network, seizing millions in assets, involved in defrauding the American government of billions of dollars during the COVID-19 pandemic.


Ticketmaster Suffers From Massive Data Breach Amid DOJ Lawsuit

Ticketmaster was hit by a massive data breach while facing a lawsuit filed by the US Justice Department. Is this karma?

Nissan Issues Urgent Warning to Stop Driving Older Vehicles Over Exploding Airbag Risk

Nissan urgently advises owners of approximately 84,000 older vehicles to avoid driving them due to the heightened risk of Takata airbag inflators exploding following a fatal incident and multiple injuries since 2015.

Samsung Under Investigation After Chip Plant Radiation Left Workers Hospitalized

South Korean authorities are investigating Samsung's Giheung plant after two workers were exposed to radiation, prompting hospitalization and suspension of the suspected equipment.


Latest News

Nigerian Scammer Claims Responsibility for Bizarre Attempt to Auction Elvis' Graceland
A self-proclaimed scammer from Nigeria has asserted responsibility for a failed attempt to auction off Elvis' Graceland.
US Eases Some Financial Restrictions on Cuba to Boost Small Businesses on the Communist-Run Island
The US Treasury Department announced on Tuesday new regulations designed to support Cuba's growing private sector and enhance the country's access to US internet services.
Donald Trump's Lawyer Claims Ex-POTUS Victim of Blackmail in Hush Money Case, Urging Jurors To Set Aside Personal Views
Donald Trump's lawyer argues that ex-POTUS was a victim of blackmailing. He's urging jurors to set aside their personal views in the hush money trial.
Shein Children's Products Found Containing Forever Chemicals as Chinese Fashion Brand Faces Scrutiny Ahead of London Listing
While Shein faces scrutiny ahead of a possible London listing, researchers found its children's products containing forever chemicals.
FTX
Former FTX Co-CEO Ryan Salame receives a 7.5-year prison sentence and is ordered to pay $11 million in fines following his involvement in unlawful activities, including unlawful political contributions and fraudulent financial practices in FTX.
Vanity Fair New Establishment Summit 2018 - Day 2
The Supreme Court upheld lawyer Michael Avenatti's conviction and two 1/2-year prison sentence for attempting to extort up to $25 million from Nike, rejecting his appeal that claimed the sentence was based on an unconstitutionally vague statute and that he was engaged in legitimate settlement negotiations.
FTC Lists Down Top Scammer-Impersonated Companies—Best Buy Tops the List
FTC listed down the top scammer-impersonated companies. Best Buy tops the list with the most scam impersonators.
OpenAI Sets Up Security and Safety Committee, Begins Development of 'Next Frontier Model'
OpenAI is establishing a safety and security committee and has started training a new AI model to replace GPT-4, enhancing its commitment to AI safety and advancing toward AGI.
Western Companies Are Finding It Hard to Leave Russia Amid Increasing Kremlin-Imposed Exit Costs
Despite initial pledges to exit Russia following the 2022 invasion of Ukraine, many Western companies, including Avon Products, Air Liquide, and Reckitt, remain in the country.
EU's ChatGPT Task Force Reveals Preliminary Findings on OpenAI's Privacy Compliance
The European Union's (EU) data protection task force has released its preliminary conclusions on OpenAI's compliance with privacy regulations concerning ChatGPT.
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