July 22, 2022 A U.S. House of Representatives committee known as the House Energy and Commerce Committee has approved a bill to create the first U.S. privacy law. The committee approved the bill by a 53-2 majority, meaning more...
July 19, 2022 Six lawyers who specialize in bankruptcies have said they are unsure when Celsius customers will be refunded after the crypto lender filed for bankruptcy. While filing for bankruptcy at the U.S. Bankruptcy Court for Southern more...
July 19, 2022 The United States telecoms regulator needs an additional US$3 billion to fund the removal of devices from U.S. networks of equipment made by Chinese telecoms companies Huawei and ZTE. "To fund all reasonable and supported more...
July 18, 2022 The U.S. Securities and Exchange Commission (SEC) put Elon Musk under scrutiny last month over a tweet in which he hinted at a likely decision to end his planned takeover of Twitter due to inaccurate more...
July 18, 2022 According to Bloomberg News, the U.S. Department of Justice (DOJ) will file an antitrust lawsuit against Google in the coming weeks. The U.S. Department of Justice has been investigating Google's ad-tech practices since 2019 and more...
July 13, 2022 Onur Aksoy, a 38-year-old Florida man and CEO (Chief Executive Officer) of a group of dozens of companies has been charged for selling counterfeit Cisco devices worth US$1 billion to customers worldwide. Aksoy was accused more...
July 12, 2022 Lael Brainard, vice chairman of the Federal Reserve, has called for rapid regulation of the crypto industry, given the many challenges facing the industry. According to Brainard, while the crypto-industry is fundamentally different from traditional more...
July 12, 2022 Google has proposed to spin off part of its business that auctions and places ads on websites and apps as a concession to avoid a possible US antitrust lawsuit. The antitrust lawsuit accuses Google of more...
July 11, 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 8, 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...
