Blue Origin has filed a lawsuit against the U.S government over NASA’s decision to award a $2.9 billion lunar lander contract to SpaceX. In its lawsuit Blue Origin said, its lawsuit is “an attempt to remedy the flaws in the… Read More ›
lawsuit
Chinese state prosecutors targets WeChat’s YouthMode, fails to cite provisions of law which the program is non-compliant with
After Beijing state prosecutors initiating a civil public interest lawsuit against Tencent’s subsidiary, the company said it would investigate the functions of its popular social messaging app WeChat’s “youth mode”. According to prosecutors, WeChat’s “youth mode” does not comply with… Read More ›
Zoom agrees to settle Zoombombing lawsuit for $85M
According to the terms of preliminary settlement filed before U.S. District Judge Lucy Koh in San Jose, California, Zoom Video Communications Inc has agreed to pay $85 million to settle a lawsuit which alleged claimed that it violated users’ privacy… Read More ›
Credit Suisse settles allegations of spying with former banker Iqbal Khan
In a statement, a spokesperson for Swiss banking giant Credit Suisse said, the bank has reached an out-of-court settlement with former star banker Iqbal Khan over allegations of spying that led to the resignation of its CEO Tidjane Thiam. “Everybody involved… Read More ›
Air cargo PT My Indo Airlines files lawsuit against carrier Garuda Indonesia over debt repayment
In a statement Indonesian carrier Garuda Indonesia said, air cargo firm PT My Indo Airlines has filed a lawsuit against it over failure to repay a debt. The court proposal had no immediate impact to Garuda’s operations, the company said… Read More ›
Malaysian Government, 1MDB seeking more than $5.6 billion in damages from audit firm KPMG
According to court documents,, Malaysia’s 1Malaysia Development Berhad (1MDB) and the state government are seeking more than $5.6 billion in damages from KPMG partners for alleged negligence and breaches linked to a corruption scandal at the fund. The audit firm… Read More ›
Malaysia’s High Court restraints creditors from pursuing AirAsia X Bhd for another 9 months
In a stock exchange filing, AirAsia X Bhd said, the Malaysian high court has granted it a nine-month extension on a restraining order preventing creditors from filing any legal proceedings against it. Earlier this year in March, the Malaysian high… Read More ›
3M Co wins lawsuit alleging earplug design cover up
3M Co has won a lawsuit wherein the plaintiff had alleged that the company had covered up defects in the design of earplugs that are used by the military. This is the second case alleging that 3M fudged test results, hid… Read More ›
Robinhood can continue challenging validity of new fiduciary rule, judge rules
A Massachusetts judge has rejected Robinhood’s bid to block state regulators from going ahead with enforcing their legal action on allegations that it encourages inexperienced investors to place risky trades without limits. In a ruling Suffolk County Superior Court Judge… Read More ›
Byron Allen sues McDonald’s Corp for $10 billion for racial discrimination in allocating ad dollars
McDonald’s Corp has been sued for at least $10 billion by two companies owned by Byron Allen, a media entrepreneur, who has accused it of racial discrimination since it does not advertise enough with Black-owned media outlets. According to the… Read More ›
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