China’s Ant Group Slapped With Nearly $1 Billion Fine
Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer...
Crime
Meta’s Facebook Faces Fresh Threat to Sending Personalized Ads in EU
The surprise ruling could short-circuit the platform’s legal efforts to protect its ad-based business model on the continent. Source link
Microsoft CEO Satya Nadella Says $75 Billion Activision Deal Won’t Block Competition
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WSJ News Exclusive | FTX Begins Talks on Reboot Amid Regulatory Crackdown on Crypto Exchanges
The failed crypto company is in initial discussions with investors about relaunching its international exchange. Source link
WSJ News Exclusive | Scammers Target Stores With Bomb Threats, Seeking Bitcoin and Gift Cards
Kroger, Walmart and other retailers report anonymous threats, prompting law-enforcement investigations. Source link
FTC Sues Amazon Over ‘Manipulative’ Tactics Used to Enroll Millions in Prime
Amazon duped millions of customers into Prime subscriptions, the federal agency said. Source link
At 3M, Lawsuits Threaten to Transform the Company
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FTC Plans to Seek a Restraining Order to Stop Microsoft From Closing Activision Deal
A judge would need to agree to issue the time-limited order; there is no guarantee when or if the agency...
U.S. Chamber of Commerce Challenges Federal Government’s New Drug-Price Powers
The lawsuit is the second filed this week saying Medicare’s new negotiating authority is unconstitutional. Source link
Dispute Erupts Over Former Zappos CEO Tony Hsieh’s Happiness Brand
A friend of former Zappos CEO Tony Hsieh is suing the entrepreneur’s estate over ownership of the Delivering Happiness business....
Merck Challenges U.S. Government’s New Powers to Negotiate Drug Prices
The drugmaker filed a lawsuit saying Medicare’s drug-price negotiation program violates the company’s constitutional rights. Source link
What Is Happening With Binance?
The SEC sued the largest crypto exchange and its controlling shareholder, saying they enriched themselves at investors’ expense. A look...
Supreme Court Says Employer Can Sue Union for Losses Caused by Work Action
Justices say labor law doesn’t protect union from claims that workers endangered company property. Source link
WSJ News Exclusive | Jamie Dimon Says He Never Discussed Jeffrey Epstein’s Accounts at JPMorgan; Jes Staley Says Dimon Did
Updated May 31, 2023 6:19 pm ETA former top JPMorgan Chase executive said in legal documents that for years he...
Kia, Hyundai Thefts Continue Three Months After Carmakers Deployed Fix
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Inside the Prison Where Elizabeth Holmes Could Serve Her Sentence
The all-women’s facility in Bryan, Texas, includes family visits, vegetarian meals and thin mattresses. Source link
Jeffrey Epstein Appeared to Threaten Bill Gates Over Microsoft Co-Founder’s Affair With Russian Bridge Player
Listen to article(2 minutes)Jeffrey Epstein discovered that Bill Gates had an affair with a Russian bridge player and later appeared...
TikTok Creators Sue Montana Over State’s Ban of Short-Video Platform
Suit against state’s attorney general alleges the ban of the social-media platform is unconstitutional and violates the First Amendment. Source...
Supreme Court Rules Andy Warhol’s Image of Prince Breaches Copyright Laws
The decision in the closely watched case narrows the “fair use” right of artists and writers to build on existing...
Theranos Founder Elizabeth Holmes to Report to Prison May 30
The U.S. Court of Appeals for the Ninth Circuit had denied her request to stay out on bail. Source link
