Legal & Regulatory

EU Slaps Microsoft with Warning that it Could Face Billions of Fines Over Missing Generative AI Risk Report

The EU has sought for more information about Microsoft's risk report on its generative AI tools.


Alabama Mercedes-Benz Workers Vote 'No' to Unionization, a Tough Loss for the UAW

Mercedes-Benz workers in Alabama have voted against joining the United Auto Workers (UAW)...

Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers

Genesis Global, a bankrupt crypto lending firm, has been allowed by the court to return approximately $3 billion in cash and cryptocurrency to its customers...

Chinese Nationals Accused of $73 Million Pig Butchering Crypto Scam Gets Arrested—DOJ Shares Details

Some Chinese nationals who are accused of a million-dollar pig butcher crypto scam were arrested. Here's what the Department of Justice announced...


Latest News

RBNZ Expects 2.3% Drop in New Zealand’s Q2 Inflation Rate
The Reserve Bank of New Zealand is expected to report a drop in its second quarter 2024 interest rates, which could be estimated to be at 2.3%.
AU Court Says X No Longer Forced to Delete Videos of Sydney Church Stabbing as Legal Battle over Footage Continues
The Federal Court denied an injunction against platform X (previously known Twitter) for Wakely church stabbing tweets.
Maryland Apple Store Workers Vote to Authorize Strike Over Working Conditions
Nearly two-thirds of workers voting in favor of strike authorization reflects growing concerns among employees about their working conditions.
Hong Kong Cracks Down Fake Crypto Exchange Using Elon Musk Deepfakes to Trick Investors
The public has been cautioned by the Hong Kong Securities and Futures Commission (SFC) about Quantum AI, an organization that is suspected of carrying out fraudulent activities involving virtual asset
UK's Former Chancellor Nadhim Zahawi Settles $6 Million Tax Error Payment
Former UK Chancellor Nadhim Zahawi admitted paying nearly £5 million to authorities to resolve tax affairs following an inquiry into a multi-million-pound settlement with HMRC over YouGov shares, main
Social Security Expansion Could Allow Food Stamp Recipients to Automatically Qualify for SSI Benefits
New Social Security Administration regulations aim to boost benefits and redefine assistance criteria, potentially alleviating financial burdens for millions of SSI and SNAP benefits recipients.
California's Landmark Price Transparency Law to Go Into Effect in July — Here's What You Need to Know
The price transparency law of California will take effect on July 1. Here's what you need to know.
Federal Reserve President Says US Economy Likely Slowing Down — Does This Hint at a Possible Interest Rate Cut Soon?
Atlanta Federal Reserve President Raphael Bostic has reportedly indicated that the US economy is likely slowing down, which could prompt interest rate cuts this year.
Tesla’s Autopilot Deemed Dangerously Misleading After Colorado Employee Died in Fiery Crash
A lawsuit has been filed against the carmaker by the widow of a man who tragically lost his life in a car accident involving a Tesla.
Elon Musk's X Fails to Win Lawsuit Against Israeli Data-Scraping Firm
A lawsuit filed by Elon Musk's X against Israel's Bright Data has been dismissed by a federal judge in California.
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