The Consumer Financial Protection Bureau (CFPB) on Friday said it has ordered federal supervision of Google Payment Corp. after determining that it meets the legal requirements for such oversight.
Former cryptocurrency leader Alex Mashinsky has pleaded guilty to two fraud charges. The founder and CEO of Celsius Network was indicted on seven criminal counts in 2023, including charges of fraud, conspiracy and market manipulation. He entered a not guilty plea at the time, but in a hearing today, Mashinsky pled guilty to two of those original counts.
Elon Musk’s attorneys filed for an injunction against OpenAI and Microsoft on Friday accusing the two of anticompetitive practices and seeking to stop OpenAI’s conversion to a for-profit company.
One of the world’s most notorious hackers could finally be in custody. Bleeping Computer reports that ransomware affiliate Mikhail Pavlovich Matveev also known as Wazawaka, Uhodiransomwar, m1x and Boriselcin has been arrested.
Canada's antitrust watchdog is suing Google to force the breakup of the company’s ad tech unit. In a statement published Thursday, during the US Thanksgiving holiday, the Competition Bureau said a “thorough” investigation had found that Google had abused its dominant position in programmatic web advertising to “maintain and entrench its market power.”
Amazon won’t need to pay the European Union €250 million ($263 million) in back taxes. On Wednesday, the bloc’s executive branch said it was closing three separate state aid investigations, including one involving Amazon. The decision ends one of the company’s longest-running legal sagas.
The Federal Trade Commission has put Uber in its sights once again. Bloomberg reported that the regulator is investigating complaints about the Uber One subscription program.
Four years after Tesla filed a lawsuit against Rivian alleging that the company poached its employees with a goal of obtaining trade secrets, the two appear to be nearing a resolution.