legal action
- Tech
Toyota Is Accused of Using Stolen Motor Technology in Rare Lawsuit
TOKYO— Toyota TM 0.43% Motor Corp. used stolen technology for a steel material in electric motors, Nippon Steel Corp. NPSCY…
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Suicide bombings on a Shiite mosque in Afghanistan kill 47
KABUL, Afghanistan (AP) — Suicide bombers attacked a Shiite mosque packed with worshippers attending Friday prayers in southern Afghanistan, killing…
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Nikolas Cruz to plead guilty to mass shooting at a Parkland high school
FORT LAUDERDALE, Fla. (AP) — The gunman who killed 14 students and three staff members at a Parkland, Florida, high…
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Conservative MP dies after stabbing at Essex constituency meeting
An attacker fatally stabbed a British lawmaker during a meeting Friday with constituents outside London. David Amess, a member of…
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U.K. lawmaker dies after being stabbed during meeting with constituents
LONDON (AP) — British Conservative lawmaker David Amess has died after being stabbed Friday during a meeting with constituents at…
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U.K. lawmaker dies after being stabbed during meeting with constituents
LONDON (AP) — British Conservative lawmaker David Amess has died after being stabbed Friday during a meeting with constituents at…
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KPMG slammed by watchdog for ‘untruthful defence’ in Silentnight tribunal
KPMG has been criticised by the audit watchdog for putting forward an “untruthful defence” in a misconduct hearing related to…
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U.S. Convenes International Summit on Ransomware
The U.S. will convene a summit of more than 30 nations starting Wednesday to discuss methods to combat ransomware. Russia…
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Banks on Wall Street under scrutiny over staff communications
The US Securities and Exchange Commission is reportedly probing Wall Street banks to check whether they are complying with rules on tracking their…
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Facebook Whistleblower’s Claims Test SEC’s Reach
WASHINGTON—The controversy over what Facebook Inc. has said about social and emotional hazards stemming from its products could become a…
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U.N. Says It Can’t Rule on Climate Complaint by Greta Thunberg, Others
LONDON—A United Nations committee said it couldn’t rule on a complaint filed by a group of young climate activists, including…
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FCA made a rule that funds need independent directors, but it’s not keeping track
The Financial Conduct Authority does not know how many fund managers are meeting requirements around the number of independent directors on their…
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Facebook investors slam ‘damage it is inflicting on our society’
Investors in Facebook are criticising the company and its management structure amid accusations from a whistleblower that claim the tech…
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Nearly 140 countries agree on deal to curb tax avoidance
Nearly 140 countries agreed Friday to the most sweeping overhaul of global tax rules in a century, a move that…
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Crypto in US crosshairs again as Justice Department builds enforcement team
The US Justice Department is creating a national cryptocurrency enforcement team to tackle investigations and prosecutions of criminal misuses of…
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NatWest pleads guilty to compliance failure over money laundering
NatWest Group pleaded guilty to criminal charges for failing to comply with regulation that requires systems and controls to prevent…
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Facebook’s whistleblower says her goal is to save the company
The former Facebook employee who gathered documents that formed the foundation of The Wall Street Journal’s Facebook Files series said…
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Facebook’s very, very bad day: Services go down as stock plunges in wake of whistleblower revelations
Facebook Inc. services experienced widespread outages Monday morning, adding to the social network’s miserable day. Facebook FB, -4.89% shares experienced…
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The Facebook Whistleblower, Frances Haugen, Says She Wants to Fix the Company, Not Harm It
Frances Haugen, a former product manager hired to help protect against election interference on Facebook, said she had grown frustrated…
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Facebook whistleblower says her goal is not to damage the company
The former Facebook Inc. employee who gathered documents that formed the foundation of the Wall Street Journal’s Facebook Files series said she acted to help…
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Former Theranos Lab Director Emerges as Central Prosecution Witness
SAN JOSE, Calif.—In the seven years since he left Theranos, Adam Rosendorff had never publicly revealed his role in the…
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Cathie Wood predicts oil price drop as peak demand reached
Much like the whale oil trade at its peak in the mid 1800s, crude oil prices have probably topped. That’s…
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Open Banking boss quits over bullying and sexism allegations
The head of the UK’s open banking oversight organisation is stepping down after an investigation found a culture of bullying, intimidation…
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Lawmakers push Google, Facebook, eBay and Amazon to disclose fees they get to host investment scams
Lawmakers are asking tech giants including Google and Facebook to come clean on how much they are being paid to…
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Scarlett Johansson, Disney settle pay lawsuit over ‘Black Widow’
The Walt Disney Co. and Scarlett Johansson have settled the actress’s lawsuit claiming breach of contract for the media giant’s…
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KPMG goes to High Court over Patisserie Valerie administration dispute
KPMG is set to take a dispute over its role in the administration of failed café chain Patisserie Valerie to…
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Citadel under fire over its role in GameStop trading
Billionaire Ken Griffin’s electronic trading firm, Citadel Securities, is under fire again over its role in the January trading frenzy…
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Woodford investors edge closer to court action with administrator
A law firm representing more than 11,000 investors in Neil Woodford’s former flagship investment fund has begun court proceedings against…
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Huawei Executive’s Return to China: How the Deal Came Off
At 4:30 p.m. local time on Friday, an Air China Boeing 777W carrying Huawei Technologies Co.’s finance chief took off…
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Activision Blizzard Agrees to Pay $18 Million to Settle EEOC Probe
Activision Blizzard Inc. ATVI -0.24% on Monday said it had agreed to pay $18 million as part of a settlement…
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U.N. Members Seek New Cyber Discussions Amid Rising Ransomware Attacks
The future of United Nations-led efforts to create rules around how nations should behave in cyberspace is unclear, researchers and…
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Cyber Ninjas putative audit of Maricopa County election results widens Biden margin over Trump: reports
PHOENIX (AP) — Ten months after Donald Trump lost his 2020 re-election bid in Arizona, supporters hired by Arizona Senate…
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Five things that happened in crypto this week: China crackdown, Coinbase and bitcoin on Twitter
Regulation was the name of the game in cryptocurrencies this week, as two world powers took steps to lay down…
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Ex-OppenheimerFunds analyst charged with wire fraud
A former quantitative analyst for a global asset manager was charged with securities and wire fraud for allegedly using nonpublic…
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FCA ‘keen’ for info on Google’s scam crackdown as criticism mounts
The Financial Conduct Authority is still awaiting information on whether Google’s plans to crack down on online investment fraud are…
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Banks joins forces in bid to stop cyberattacks
Competing banks are cooperating more than ever before to beat cybercriminals. As the number and sophistication of cyberattacks jumps, financial…
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Coinbase to suggest crypto rules framework to US regualtors
Coinbase plans to publicly roll out a pitch on a proposed regulatory framework for cryptocurrencies to federal officials in the…
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KPMG-audited German fund firm reveals years-long compliance failure in UK arm
A German fund group audited by KPMG has not complied with UK law in its London arm for years, Financial…
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App Annie Settlement Signals Closer Scrutiny of Data Brokers
The Securities and Exchange Commission’s $10 million settlement this week with an analytics firm suggests regulators are taking a harder…
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Crypto hackers in US government firing line as new sanctions planned
The Biden administration is preparing an array of actions, including sanctions, to make it harder for hackers to use digital…
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Five things in crypto this week: Binance, NFTs and Coinbase
In another busy week for cryptocurrencies, Binance, dogecoin and non-fungible tokens took the spotlight. As regulators continue to clamp down…
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Match Group Hopes for Savings From Looser App-Store Payment Rules
Online-dating company Match Group Inc. is working to sidestep Apple Inc.’s and Google’s payments systems following moves by authorities in…
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Ex-crypto hedge fund manager gets prison sentence for securities fraud
A cryptocurrency hedge-fund manager who lied about returns on his $90m fund and siphoned money from its accounts to cover…
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Tom Hayes appeal decision delayed to October
The Criminal Cases Review Commission has confirmed it is aiming to issue a decision in October on whether to refer convicted Libor…
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Republicans push unfounded fraud claims before California recall
SACRAMENTO, Calif. — California Republicans were trying to contain a fire of their own making a day before voting ends…
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Discontent Simmers Over How to Police EU Privacy Rules
The European Union’s recent $270 million fine against WhatsApp was held up for months by disagreements among national authorities, ratcheting…
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Apple Judge’s Warning Suggests App Store Fight Is Far From Over
Apple Inc. AAPL -3.31% scored a partial victory Friday in a landmark antitrust case, but its fight with opponents of…
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Epic Games appeals ruling that Apple’s App Store is not a monopoly
Epic Games filed notice that is appealing a federal judge’s decision in a lawsuit alleging that Apple has been running…
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Convicted Libor rigger Tom Hayes battles SFO for return of his passport
Tom Hayes’ legal team are locked in a spat with the Serious Fraud Office over the return of the convicted Libor rigger’s passport, as the UK…
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Bribery Charges Unsealed Against Former Ericsson Employee
The U.S. Justice Department has charged a former account manager for Swedish telecommunications company Ericsson AB with allegedly taking part…
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