US prosecutors alleged that Lynch had embarked on an elaborate, multiyear scheme in which he backdated and fabricated sales and lied about the condition of Autonomy’s finances in public filings. …
“Ensuring that a stablecoin retains its peg even under stressed market conditions is a solvable problem,” Catalini says. In an optimal scenario, he says, reserves would be made up of …
In March 2019, TikTok agreed to a US federal court order barring the social media giant from collecting personal information from its youngest users without their parents’ consent. According to …
Amazon failed to adequately alert more than 300,000 customers to serious risks—including death and electrocution—that US Consumer Product Safety Commission (CPSC) testing found with more than 400,000 products that third …
The death of the US government’s Affordable Connectivity Program (ACP) is starting to result in disconnection of internet service for Americans with low incomes. On Friday, Charter Communications reported a …
The California Supreme Court on Thursday ruled unanimously that drivers for app-based companies including Uber, Lyft, and DoorDash will remain independent contractors, as opposed to employees. The decision, upholding a …
Yardi Systems, another US property management company, is also facing a class action suit regarding antitrust violations for artificially inflating rent prices. The company has said it did “nothing illegal,” …
Though the annexation would have no immediate, firsthand financial benefit for Riot, it represents an important chance for the company to make inroads with the local community. “It would just …
In early 2022, two Google policy staffers met with a trio of women victimized by a scam that resulted in explicit videos of them circulating online—including via Google search results. …
The music industry has officially declared war on Suno and Udio, two of the most prominent AI music generators. A group of music labels including Universal Music Group, Warner Music …