Products and Services
Bank of America fined $150 million for consumer abuses including fake accounts, bogus fees
A man walks past an ATM outside Bank of America Corp. headquarters in Charlotte, North Carolina, May 2, 2016. Chris Keane | Bloomberg | Getty Images Bank of America, the second-largest U.S. bank by assets, engaged in deceptive practices that hurt hundreds of thousands of its customers in recent years, the Consumer Financial Protection Bureau […]
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Microsoft-Activision offer moves nearer as decide denies FTC injunction request
Microsoft CEO Satya Nadella comes at court docket in San Francisco on June 28, 2023. Shelby Knowles | Bloomberg | Getty Pictures A federal choose in San Francisco has denied the Federal Trade Commission’s motion for a preliminary injunction to prevent Microsoft from finishing acquisition of video recreation publisher Activision Blizzard. The offer is just […]
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HCA Health care affected person info stolen and for sale by hackers
In this April 14, 2020 file photograph, Sam Hazen, CEO of HCA Health care, speaks about the coronavirus in the Rose Backyard of the White Home, in Washington. HCA Healthcare’s second-quarter earnings jumped past analyst anticipations as people returned to working tables and healthcare facility rooms immediately after being away very last calendar year at […]
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EU regulators open antitrust probe into Amazon’s $1.7 billion iRobot offer
A vacuuming Roomba model robotic is displayed at iRobot headquarters in Bedford, Massachusetts Scott Eells | Bloomberg | Getty Photos The European Commission claimed Thursday that it is really opened a thorough and “in-depth” investigation into Amazon‘s prepared $1.7 billion acquisition of Roomba maker iRobot. The govt arm of the EU claimed it was worried […]
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Amazon sellers say they were kicked off site after unknowingly hawking stolen goods
Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. MediaNews Group | The Riverside Press-Enterprise via Getty Images Of the many acts that can get an Amazon merchant kicked off the site, few are as devastating as selling stolen goods. Amazon calls the behavior “illegal and strictly prohibited,” and those accused of such […]
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Meta loses as top rated EU court backs antitrust regulators about privateness breach checks
Readers get photos in entrance of the Meta sign at its headquarters in Menlo Park, California, December 29, 2022. Tayfun Coskun | Anadolu Company | Getty Images Meta Platforms on Tuesday missing its combat in opposition to a German info curb purchase that strikes at the heart of its small business product as Europe’s prime […]
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Amazon to before long facial area massive FTC antitrust suit over online marketplace ability, report suggests
Amazon CEO Andy Jassy speaks in the course of the GeekWire Summit in Seattle on Oct. 5, 2021. David Ryder | Bloomberg | Getty Pictures Amazon will quickly confront a lengthy-predicted antitrust lawsuit from the Federal Trade Fee, Bloomberg claimed on Thursday. The complaint is predicted to concentration on Amazon’s on the net market and […]
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The Inform Act takes effect today — here’s how it aims to target organized retail theft
Locked up merchandise, to prevent theft in Target store, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images The Inform Act, a new law that aims to curb organized retail theft and the sale of counterfeit and harmful products on online platforms, takes effect on Tuesday as more retailers blame theft as […]
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Supreme Courtroom procedures in favor of Coinbase in arbitration dispute
Justin Sullivan | Getty Photographs The U.S. Supreme Court docket on Friday backed cryptocurrency trade Coinbase World-wide Inc‘s bid to halt buyer lawsuits whilst it pursues appeals aimed at relocating the disputes out of courts and into non-public arbitration, which firms generally desire about litigation. The justices, in a 5-4 determination, overturned a decreased court’s […]
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SEC fines JPMorgan subsidiary for deleting 47 million emails, some relevant to subpoenas
Critical Details The Securities and Exchange Commission fined the broker-supplier subsidiary of JPMorgan Chase $4 million for unintentionally deleting about 47 million emails from early 2018. Some of all those email messages have been sought by subpoenas in at least a dozen regulatory investigations, the SEC purchase versus J.P. Morgan Securities LLC mentioned. The organization […]
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