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The Supreme Court revived a lawsuit Exxon Mobil Corp. brought against oil companies owned by the Cuban government that seeks $1 billion in damages for the oil refinery and service stations Cuba took from the U.
LONDON, June 23 () - Britain's competition tribunal has approved a £3 billion ($4 billion) lawsuit against Apple over its iCloud storage service, consumer group Which. said on Tuesday, clearing the way for tens of millions of consumers to join a collective action.
Britain's competition tribunal has approved a £3 billion ($4 billion) lawsuit against Apple over its iCloud storage service, consumer group Which? The Competition Appeal Tribunal granted earlier in June a collective proceedings order allowing Which?
A securities class action lawsuit has been filed against Roblox (NYSE:RBLX), alleging false and misleading statements about organic user growth. The complaint focuses on the claimed impact of Roblox’s age verification rollout on its organic growth trends. The case raises questions around disclosure practices, user growth metrics, and potential risks for shareholders. Roblox enters this legal chapter with its shares at $47.27 and a mixed recent track record for investors. The stock is up...
The Disney-owned network is encouraging viewers to tell the FCC to drop probes into “The View” and ABC broadcast licenses.
Netflix has built some of its biggest streaming conversations around stories audiences thought they already knew. That has made documentaries and docuseries especially valuable for the company. They can turn old scandals, celebrity careers, and pop-culture moments into new viewing events years ...
The complaint was filed on Wednesday in the U.S. District Court for the Central District of California, TechCrunch reported.
(Adds company's comments in paragraph 3, 4 and 5) Three Amazon.com (AMZN) employees claim the com
Waymo Recalls 3,900 Vehicles After Construction Zone Software Problem
Waymo is recalling 3,871 robo-taxis to correct software that might allow a vehicle to enter a freeway construction zone, according to a National Highway Traffic Safety Administration notice. For starters, it illustrates the size of the Waymo robo-taxi fleet. The Alphabet -owned ride-hailing network operator is expanding across the country, along with other companies, including Tesla Amazon.com -backed Zoox, and others.
NHTSA identifies a Fifth Generation ADS flaw that could cause vehicles to enter closed freeway zones at speed
Waymo identified a software problem that could likely cause the vehicles to enter a closed freeway construction zone and continue driving at speed.
A New Risk Emerges for Amazon Stock as FTC Eyes Legal Action
The FTC and state attorneys general are investigating Amazon's advertising disclosures and pricing practices.
The FTC could conclude the matter as early as this summer, either by filing a lawsuit or reaching a settlement, according to Bloomberg.
JPMorgan Chase (JPM), Alphabet's (GOOG, GOOGL) Google and more than two dozen other companies have b
Shareholders allege the company failed to disclose cloud growth and AI spending pressures.
Apple Inc. (NASDAQ:AAPL), Apple Distribution International Ltd and Apple Italia Srl are facing an investigation by Italy’s Competition Authority over the interoperability of the company’s iOS and iPadOS operating systems with third-party consumer cloud services.
Italy's competition regulator said on Tuesday it had opened an investigation into Apple over compliance with interoperability obligations, under the European Digital Markets Act. Under the rules, Apple must ensure that third-party providers of consumer cloud services can inter-operate effectively and free of charge with hardware and software components controlled through the group's iOS and iPadOS operating systems, and have equal access as Apple's iCloud service.
Microsoft faces a proposed class-action lawsuit from shareholders alleging the company defrauded investors by masking a slowdown in its Azure cloud business.
There are over 100 reports of hot liquid or steam being released unexpectedly from Kidisle-branded hot and iced coffee machines.
Costco Wholesale (NasdaqGS:COST) has issued a recall of Lactantia UltraPur Milk due to a food safety risk. The company is also seeking dismissal of a lawsuit that challenges advertising claims related to its rotisserie chicken. Both developments focus attention on Costco's product quality controls, consumer protections, and marketing practices. For a warehouse club retailer like Costco, where members often buy food in bulk, any recall tied to a food safety issue goes straight to the heart...
In January, two women filed a proposed class action lawsuit and claimed Costco falsely advertised its Kirkland Signature Seasoned Rotisserie Chicken.
Former xAI engineer Devin Kim alleges he was illegally fired for trying to implement safety mechanisms for the chatbot
A jury had found the two companies liable for designing platforms that harmed a young user and awarded $6 million in damages
Meta Platforms (META) has been ordered by the European Commission to restore and maintain free acces
The CMA has set Aug. 7, 2026, as the deadline for its initial review of the deal, when it will decide whether the proposed merger of PSKY and WBD raises competition concerns.
Italy's competition authority said on Monday it had dropped an investigation into Meta Platforms over allegations the company abused its dominant position by installing its artificial intelligence tool on messaging service WhatsApp. The investigation had been launched in July 2025. The regulator, known as AGCM, said it closed its probe because the European Commission had extended its own investigation into the same issue to include the Italian territory.
Boeing is approaching a solemn anniversary: It has been almost one year since the fatal Air India Flight 171. On June 12, 2025, a Boeing 787 crashed shortly after takeoff from Ahmedabad, India, killing 229 passengers, 12 crew, and 19 people on the ground. The crash’s anniversary signals the imminent arrival of the full accident investigation report from India’s Aircraft Accident Investigation Bureau.
Shareholder approval moved the deal forward, but antitrust scrutiny now puts the focus on whether regulators seek divestitures or conditions that could affect the timing and economics of the transaction.
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