Legal & Regulatory

VENEZUELA-CRISIS-ECONOMY-CURRENCY

Over $2.3 Billion US, EU Banknote Flowed to Russia Despite Sanctions

Around $2.3 billion in dollar and euro banknotes have entered Russia since March 2022, with the country circumventing US sanctions through intermediary countries.


South Korea Holds Emergency Meeting Following Massive EV Fire That Forces Residents to Shelters

South Korea held an emergency meeting to address safety concerns over electric vehicles following a major fire that damaged 140 cars in an Incheon parking garage.

Elon Musk’s X Wins Legal Battle Against Nonprofit Ad Group GARM

Elon Musk's X platform wins a lawsuit against the Global Alliance for Responsible Media (GARM), leading to GARM's dissolution as financial expenses and public backlash pile up.

Taylor Swift's Eras Tour Cancellations in Vienna Could Cost Insurance Companies Tens of Millions

Insurers are set to face high financial claims after three Taylor Swift concerts in Vienna were canceled due to a foiled ISIS attack; future policies might get affected as well.


Latest News

Australia Orders to End Work-From-Home Setup for Public Servants; Citing Need for Physical Presence
New South Wales, Australia, has mandated that all public employees return to office work starting August 6, reversing remote work policies due to debate on its impact on staffing and business activity.
Google Could Be Split Up After US Judge Found Illegal Monopoly Search
A US judge ruled that Google operates an illegal monopoly, controlling 90% of online searches and 95% of mobile searches, which may lead to a breakup of its parent company, Alphabet.
Google Faces Italian Antitrust Investigation for Misleading User Consent Practices
The ruling could force Google to allow users to choose which search engine to use. A federal judge on Monday ruled that Alphabet's Google broke antitrust laws and held an illegal monopoly in the United States in a landmark ruling against the tech giant.
Elon Musk Reignites Legal Battle Against OpenAI and CEO Sam Altman Over Alleged Fraud
After dropping his lawsuit against OpenAI and CEO Sam Altman earlier this year, Elon Musk is reigniting the feud with an accusation of deceit and fraud by shifting from a non-profit mission.
CrowdStrike Blames Delta Air Lines  For Extended IT Outage and $500M Loss
CrowdStrike denies responsibility for Delta Air Lines' extended IT outage, arguing that the airline mismanaged the situation and contributed to a misleading narrative about the incident.
Coca-Cola Post Strong Earnings
Coca-Cola expects some or all of the $6 billion in back taxes to be refunded if it wins an appeal on the court's decision.
Thailand Plans to Legalize Casino to Boost Tourism and Foreign Investment
Despite its conservative stance, Thailand is pushing to legalize casinos to boost tourism and attract foreign investment, with major global casino operators like MGM showing interest.
China Sets New Rules to Help Veterans Find Jobs and Start Businesses Easily
China's new laws, effective September 1, will ease hiring criteria for veterans, provide job preferences, and support entrepreneurship, vocational training, and higher education to improve their transition to civilian life.
Nvidia Finally Faces DOJ Antitrust Investigation After Push From Senator Warren and US Progressives
The U.S. Department of Justice has launched an antitrust investigation into Nvidia for allegedly misusing its dominant position in the AI chip market to unfairly disadvantage competitors, following a push from competitors, groups, and even the Senate.
Turkey Bans Instagram After Removing Posts About Hamas Leader
Turkey blocked 50 million Turkish users' access to Instagram, reportedly in response to the platform removing posts about the death of Hamas leader Ismail Haniyeh.
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