SEC Pursues Elon Musk Over Twitter Acquisition Testimony Non-compliance
Oct 06, 2023 09:42 am UTC| Economy Law Business
The U.S. Securities and Exchange Commission (SEC) has taken legal action against Elon Musk, CEO of Tesla, to compel his testimony regarding his acquisition of Twitter last year. The SEC alleged that Musk failed to appear...
TikTok Halts E-Commerce Platform in Indonesia After Government Ban
Oct 06, 2023 09:07 am UTC| Business Economy Technology Law
TikTok, the Chinese short-form video hosting service owned by ByteDance, pulled the plug on its e-commerce platform in Indonesia. This comes after the Indonesian government blocked the TikTok Shop in the country. As per...
PayPal Faces Antitrust Suit Over High Transaction Fees; Millions Affected
Oct 06, 2023 08:57 am UTC| Business Economy Law
Paypal is facing a new antitrust lawsuit as some groups accused it of imposing high transaction fees. The American fintech company was slapped with a class-action suit for alleged anticompetitive pricing rules that affect...
Nestlé USA Lawsuit Could Halt Nescafé Sales; Mexican Imports in Jeopardy
Oct 06, 2023 08:10 am UTC| Economy Law Life Business
Nestlé USAs lawsuit against two distributors, Ultra Mundiales and Ultra International, has raised concerns about a potential ban on popular Nestlé products like Nescafé in America. Ultra Mundiales and...
Why the 'drug dealers defence' doesn't work for exporting coal. It's actually Economics 101
Oct 06, 2023 07:03 am UTC| Economy Law
In defending a Federal Court case brought by opponents of her decisions to approve two export coal mines, Environment Minister Tanya Plibersek is relying in part on what critics call the drug dealers defence. Its...
Oct 06, 2023 07:02 am UTC| Law
Police have launched a corporate manslaughter investigation at the Chester hospital that employed Lucy Letby, a former nurse recently convicted of murdering seven babies in the hospitals neonatal unit in 2015 and...
India Introduces Global Cryptocurrency Exchange Database to Combat Crime
Oct 04, 2023 11:04 am UTC| Economy Digital Currency Business Law
India initiates a comprehensive global database on cryptocurrency exchanges to combat crypto-related criminal activities, aligning with international regulatory standards. Strengthening Efforts Against Crypto...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects