July 8, 2022 Theranos executive Ramesh "Sunny" Balwani was found guilty of deceiving investors. Both Balwani and his ex-girlfriend Elizabeth Holmes deceived investors into investing in a device that could detect hundreds of illnesses with a few drops more...
July 7, 2022 Britain's antitrust watchdog known as the Competition and Market Authority (CMA), has launched an investigation into Microsoft's US$68.7 billion deal to buy Activision Blizzard. The antitrust watchdogs said it would take until September 1 to more...
July 7, 2022 A deal is being worked out initiated by Chinese-owned video-sharing app TikTok and the Biden administration that would "fully safeguard" the app in the U.S. and dispel fears about the Chinese government accessing Americans' data. more...
July 6, 2022 Twitter has sued the Indian government at Kamataka High in Bengaluru, seeking to challenge some of the block orders on tweets and accounts. Twitter accused the Indian government of abusing its power by ordering it more...
July 6, 2022 EU legislators have approved the Digital Markets Act (DMA) and the Digital Services Act (DSA), which will curtail the powers of large technology companies and make them more accountable. Despite the approval, the EU faces more...
July 3, 2022 The weakening of cryptocurrency markets has wiped out millions of dollars in stolen funds by North Korean hackers, endangering a vital funding stream for the sanctions-stricken nation and its weapons program. North Korea has capitalized more...
June 30, 2022 The European Union reached a provisional agreement on Wednesday on anti-money laundering rules for cryptocurrencies. This would compel crypto firms to check their customers' identities, as a means of regulating the industry. Opposed by major more...
June 30, 2022 A Federal Communications Commission member has urged the CEOs of Apple and Alphabet's Google to remove Chinese-owned TikTok from its app stores. Brendan Carr, the Republican FCC commissioner, said in a letter that video-sharing app more...
June 28, 2022 With state laws restricting abortion coming into effect after the U.S. Supreme Court's decision on Friday, the technology industry is bracing for a tough time as law enforcement may require tech companies to provide pregnancy-related more...
June 28, 2022 Google is facing an antitrust complaint from Danish online job-search rival Jobindex, which accused Google of antitrust actions, including allegations that it unfairly favored its own job-search service. Jobindex claimed that Google had used anti-competitive more...
