On Monday, a U.S. federal court in Texas has summoned lawyers for ZTE Corp for a hearing whether the Chinese telecommunications equipment maker violated probation in connection with an alleged conspiracy to commit visa fraud. The company is on probation in… Read More ›
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Bulgaria’s secret surveillance laws not compliant with Europe’s Human Rights Convention: European Court of Human Rights
In a significant development, the European Court of Human Rights ruled that Bulgaria violated the European Convention of Human Rights citing its secret surveillance and retention and accessing of communication data. The court order comes after two Bulgarian lawyers and… 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 ›
Tesla failed to pre-approve Musk’s tweets: SEC
According to a report from the Wall Street Journal, in 2020 the SEC had told Tesla Inc last year that tweets of its CEO Elon Musk had twice violated a settlement requirement wherein it was decided and agreed that his… Read More ›
WTO’s ruling on U.S.-China trade war, underpins U.S. arguments for reforming trade body
In a significant development, the World Trade Organization found that U.S. trade tariffs on China were in breach of global trading rules. In a statement, the Trump administration said, its more than $200 billion trade tariffs on China was justified… Read More ›
Communications Workers of America files federal labor charge against Google
The Communications Workers of America union has filed a federal labor charge against Alphabet Inc’s Google accusing the tech giant of firing four employees to deter workers from engaging in union activities. The complaint is likely to trigger a National… Read More ›
Juniper Networks Inc settles FCPA charge with more than $11.7 million: SEC
The SEC had found Juniper Networks Inc to be non-compliant with provisions of the Foreign Corrupt Practices Act (FCPA). The U.S. Securities and Exchange Commission stated, it has fined and settled with Juniper Networks Inc, a sum more than $11.7… Read More ›
France’s antitrust watchdog raids wines and spirit makers
The French antitrust watchdog is keeping a tight lid on these raids and havent disclosed the names of the firms it has raided. More information on these raids will be provided as and when more light is shed on them…. Read More ›
Copenhagen Cooperative Bank suspected to be in violation of Denmark’s money laundering act: Denmark’s Financial Supervisory Authority
The FSA stated it has directed the country’s prosecutors to investigate whether the small bank complied with the country’s money laundering act. On Thursday, Denmark’s financial watchdog stated it has directed the state prosecutor to investigate Copenhagen Cooperative Bank for… Read More ›