Legal & Regulatory

Palestinians Accuse Microsoft of Unfairly Shutting Down Their Accounts, Disrupting Their Communications

Palestinians Accuse Microsoft of Unfairly Shutting Down Their Accounts, Disrupting Their Communications

Microsoft allegedly shut down accounts of Palestinians abroad, making them unable to connect to online services, including Skype, for communication with Gaza.


IRS Recovers $1 Billion Unpaid Taxes From Wealthy Individuals Amid Budget Cut Threats From GOP

The IRS has successfully collected $1 billion in back taxes from high-wealth taxpayers under Biden's economic package, aiming to enhance tax fairness and compliance while facing potential budget cuts from Republicans.

US FTC to File Lawsuit Against 3 Biggest Prescription Drug Middlemen Over Insulin Prices: Report

The US Federal Trade Commission (FTC) is reportedly filing a lawsuit against the three biggest prescription drug middlemen over insulin prices.

UK Unveils New Stock Market Listing Rules to Simplify, Streamline the Process

As UK IPOs declined, the Financial Conduct Authority (FCA) has proposed new regulations for stock market listings.


Latest News

Ex-Senator William McCann Sentenced to Prison for Campaign Fraud and Tax Evasion
Former Illinois state senator and gubernatorial candidate William "Sam" McCann was sentenced to 3.5 years in federal prison for fraudulent use of campaign funds and money laundering.
Archegos Founder Bill Hwang Found Guilty of Securities Fraud
Defunct hedge fund firm Archegos Capital Management founder Bill Hwang has been found guilty of securities and market manipulation fraud which prosecutors claimed cost global investment banks billions.
Australian State Requires Retailers to Close for Anzac Day, Retailers Slam Decision
The Australian state of New South Wales announced that general retail trade would be closed for the entirety of April 25 every year in commemoration of Anzac Day.
Elon Musk's Tesla Interns Blame CEO For Ruined Summer Plans Due To Last Minute Revokes
Elon Musk was held not liable for failing to pay at least $500 million in severance to thousands of Twitter employees he laid off after buying the firm.
Chinese Report Claims Fuel Trucks Used to Transport Cooking Oil
Chinese authorities are reviewing an investigative report which alleged the practice of using fuel tankers to carry cooking oil, rocking the country into a major food safety scandal.
UK Supreme Court Rules Against British Airways, Paving Way for Massive Compensation Claims
The UK Supreme Court's ruling against British Airways on flight delays entitles passengers to compensation for cancellations due to staff illness, potentially benefiting tens of thousands annually.
Chinese Firm Under Fire For Confining Employee in Dark Room to Make Him Resign
Guangzhou Duoyi Network Co. Ltd confined an employee, Liu Linzhu, to a dark room without power or communication for four days to pressure him into resigning.
Swiss authorities have banned the use of the Sarco "suicide capsule," set to debut in euthanasia clinics, citing ethical and legal concerns about the device's method.
Apple, Microsoft Back Out From OpenAI Board Seats Over Antitrust Concerns
Despite initial plans to fill OpenAI's board seats, Apple and Microsoft will exit instead to avoid regulatory concerns but will continue their collaborative partnerships.
Anonymous Messaging App NGL Banned From Serving Minor Users Following FTC Directive
The Federal Trade Commission (FTC) took a historic step by prohibiting the online messaging platform NGL from catering to users younger than 18.
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