News

The legal battle between Elon Musk and OpenAI has ended in a win for the company he co-founded, following a jury decision.

Elon Musk's claim that he was mistreated by his OpenAI cofounders failed after nine California jurors decided in a unanimous verdict that his lawsuits had been filed too late.

Baxfendy gained FDA clearance for uncontrolled hypertension patients as AstraZeneca expands its cardiovascular and metabolic portfolio.

NEW DELHI, May 18 (Reuters) - An Indian court has told Apple to "fully cooperate" with investigators in an antitrust case related to the iPhone ​apps market, not agreeing with the U.S. company's

Bank of America has agreed to a $2.25 million settlement to resolve a class-action lawsuit over fees charged at ATMs in 7-Eleven stores.

Reg Wydeven is a partner with the Appleton-based law firm of McCarty Law LLP. He writes a weekly column for The Post-Crescent.

May 15 (Reuters) - Arm Holdings is facing an antitrust probe by the U.S.

Microsoft (MSFT) stock is back in the spotlight after UK regulators launched a broad antitrust probe into its business software ecosystem and the company reworked its multibillion dollar AI partnership with OpenAI. See our latest analysis for Microsoft. Despite bouncing 1.04% in the last session to about US$409.43, Microsoft’s 7 day share price return is down 2.70% and its year to date share price return has fallen 13.43%, even as the company reshapes its OpenAI deal and faces fresh UK...

U.K. regulators have opened a formal antitrust investigation into Microsoft’s business software ecosystem, targeting Office, Teams, Copilot, and Azure. The probe focuses on bundling practices and how Microsoft’s services affect competition in cloud and AI interoperability. Microsoft has appointed former EY global chairman and CEO Carmine Di Sibio to its board as a director. At the same time, the company is pursuing independent AI capabilities by acquiring AI startups and expanding beyond its...

If you were a Comcast customer, you may be eligible for a payment from a $117.5 million lawsuit the company agreed to settle. How to file in Arizona.

A Texas jury ruled on Wednesday that Exxon Mobil (NYSE:XOM) was not liable in a lawsuit accusing the energy giant of misleading investors through disclosures connected to its Canadian oil sands business and Rocky Mountain natural gas operations. Investors Failed to Prove Fraud ClaimsThe case, originally filed in 2016, alleged that Exxon hid losses tied to its Canadian bitumen assets, failed to properly reflect carbon-cost assumptions in reserve valuations, and postponed impairment charges relate

Tesla (TSLA) came under pressure from an Australian judge, who questioned whether the automaker was

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk reportedly accompanied President Donald Trump on his trip to China without seeking permission from the Judge currently presiding over the OpenAI trial. Elon Musk Defies ‘Recall Order’ Amid the ongoing trial in Oakland, California, U.S. District Judge Yvonne Gonzalez Rogers placed Musk on a “recall status” order, but the billionaire failed to seek permission from the Judge before leaving, NBC News reported on Wednesday, citing anonymous sources familiar with

Alphabet Inc.‘s Waymo is issuing a recall for over 3,791 autonomous vehicles after a software glitch affecting its latest self-driving stack came to light. Software Issue Affects Waymo Fleet The issue could likely cause the Robotaxis to drive on to...

Apple (AAPL) has backed Alphabet's (GOOG, GOOGL) concerns on risks to privacy, security and safety d

Meta Platforms, Inc. (NASDAQ:META) is temporarily granting competing AI chatbot developers free access to WhatsApp in Europe as it seeks to resolve escalating antitrust concerns from EU regulators and avoid potentially billions in penalties. Meta Makes Temporary WhatsApp Concession Amid EU Pressure The company said Tuesday that general-purpose AI chatbots operating in the European Economic Area will receive free access to WhatsApp's Business API for one month while discussions with the European

On April 20, an unoccupied Waymo robotaxi encountered a flooded section of road in San Antonio during extreme weather. Instead of stopping, it slowed down and kept going. The vehicle was swept into Salado Creek. It had to be recovered from the waterway days later. Ten days after that incident, ...

Netflix is calling Texas Attorney General Ken Paxton's lawsuit accusing the company of spying on children "meritless" and is preparing to fight it.

Santa Clara County says the company profited from fraudulent ads targeting seniors and families.

LONDON, May 12 (Reuters) - Nokia won an appeal to block London lawsuits by Taiwanese tech companies Acer and Asus on Tuesday in a case which is part of a global dispute over video coding technology.

Tesla stock faces new setbacks in its effort to recover from an eight-week slump from earlier this year. On Monday, the stock was down.

IBM (NYSE:IBM) is facing a lawsuit that accuses the company of racially discriminatory layoffs targeting Black executives. The suit alleges a pattern of race based terminations tied to shifts in regulatory and compliance priorities. The case raises questions about IBM's diversity, equity, and inclusion practices and its internal governance controls. For investors following NYSE:IBM as a large enterprise technology and services provider, this case adds a social and governance angle to the...

The model was on sale for just five months because buyers felt some of the most desirable aspects of the Cybertruck line had been removed.

Multiple law firms have launched class action lawsuits against Babcock & Wilcox Enterprises (BW), alleging securities fraud tied to disclosures about a Power Generation Contract and conflicts of interest involving the company’s largest shareholder. See our latest analysis for Babcock & Wilcox Enterprises. At a share price of $14.84, BW has given investors a 133.70% year to date share price return and a very large 1 year total shareholder return. However, the recent 30 day share price return...

Google has reached a settlement with Black employees who alleged systemic racial disparities in hiring, pay, and advancement in a lawsuit filed in 2022. April Curley, a former Google employee, had sued the tech giant for racial discrimination, saying it engages in a “pattern and practice” of unfair treatment for its Black workers. Other former Google workers also joined the suit, which later received class action status.

EU regulators are giving Alphabet's Google a little bit ‌more time to sooth their concerns ‌after a previous proposal from the company fell short, ​the European Commission said on Friday. "Google is engaging with the Commission to defend itself and in other in order to offer a ‌solution that really ⁠addresses the concerns that were raised in the case and in the ⁠preliminary findings," Commission spokesperson Thomas Regnier told a daily news conference. The ​Commission, which acts as ​the EU competition ​enforcer, has charged Google with ‌breaching the Digital Markets Act, ​which aims ​to rein in the power of Big Tech, and is in the midst ​of finalising ‌its decision that could include a fine ​against Google.

If you've ever felt like pressing on your brake pedal seemed a lot like stepping on a giant sponge, chances are your vehicle needed some brake and clutch fluid. And if you've recently needed brake fluid and purchased ACDelco brand, this product recall is for you. On Thursday, May 7, the National ...

Shivon Zilis was an under-the-radar executive at Elon Musk’s companies and an OpenAI board member back in 2022. But she was hiding a major secret – Musk was the father of her twins born the year before.

Google faces a fresh UK lawsuit accusing it of abusing its dominance in online display advertising, the claimants announced Thursday, in the latest antitrust action against the US tech giant.A separate lawsuit filed in UK courts last year also accused Google of overcharging for online advertising.

Investors focus on software fix and Roadster