Legal & Regulatory

Samsung's HBM Chips Face Setbacks in Nvidia's AI Processors Due to Heat Issues

Samsung's latest high bandwidth memory chips have failed Nvidia's AI processor tests due to heat and power consumption issues, affecting both current HBM3 and upcoming HBM3E models.


HSBC Fined $8.5M For Mishandling Finances of 1.5 Million Customers

HSBC faces an $8.6 million penalty for mishandling customers in financial difficulty. The Financial Conduct Authority revealed the bank's failure to consider circumstances, endangering 1.5 million ind..

Lazada's Laid Off Employees Set to Receive Additional Payouts; Some to Get Extra 2 Weeks’ Pay per Year of Service

Former Lazada employees who were suddenly laid off earlier this year are set to receive additional payouts, with some receiving an extra two weeks' pay per year of service and others $1,200...

Aldi Supermarket to Lower Prices on 250 Grocery Items for this Summer Due to Inflation

CEO Jason Hart reveals Aldi Supermarket's strategy to combat inflation by prioritizing low prices during the summer season. He announces, coinciding with similar initiatives from major retailers like ..


Latest News

Chuck Schumer Calls on FTC to Halt Chevron-Hess $53 Billion Merger
Chuck Schumer's call to action is based on his concern that such mergers could grant oil giants excessive influence over gas prices, leading to potential price increases that would impact consumers.
AT&T, Verizon, and T-Mobile to Pay $10 Million Settlement Over Misleading Claims About ‘Unlimited’ Plans
AT&T, Verizon, and T-Mobile will pay $10.25 million to settle a lawsuit alleging they lied about their "unlimited" and "free" plans.
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.
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