3 months 1 week ago
California’s Santa Clara County has sued Meta Platforms, alleging it has profited from Facebook and Instagram ads promoting scams in violation of California’s false advertising and unfair business practices laws. The lawsuit – filed Monday in Santa Clara County Superior …
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3 months 1 week ago
Online fast-fashion platform Shein accused Temu of copyright infringement “on an industrial scale,” while Temu countered that Shein is using litigation to stifle competition, as a trial opened at London’s High Court on Monday. The case is part of a …
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3 months 1 week ago
Hackers from a prominent cybercrime group used artificial intelligence to uncover a previously unknown software flaw and an exploit to take advantage of it for the first time, Alphabet’s Google said on Monday. The planned attack targeted a widely used …
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3 months 1 week ago
The insurance market is “scaling along with the opportunity” presented by a massive boom in data centers to meet the power demands of artificial intelligence, said George Haitsch, North American tech, media, and telecommunication leader at broker Willis. Speaking at …
Chad Hemenway
3 months 1 week ago
A state appeals panel last week upheld the bulk of Michigan’s regulations limiting local control over renewable energy projects, while rejecting narrow aspects that critics had decried as regulatory overreach. The three-judge Michigan Court of Appeals panel ruled that state …
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3 months 1 week ago
About a dozen people were taken to hospitals with injuries Saturday after a boat explosion near Miami, the Miami-Dade Fire Rescue agency said. The charter boat was in Biscayne Bay, near Haulover Sandbar, when the blast erupted on board, according …
3 months 1 week ago
GM has agreed to pay $12.75 million to resolve a California investigation into allegations that the Detroit automaker illegally sold two data brokers detailed information about the driving habits of hundreds of thousands of Californians, state Attorney General Rob Bonta …
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3 months 1 week ago
President Donald Trump said on Monday that a ceasefire with Iran was “on life support” after he rejected Tehran’s response to a U.S. peace proposal, fueling concerns of a resumption of hostilities in the 10-week-old conflict that has killed thousands …
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3 months 1 week ago
A Massachusetts trial court judge has denied TikTok’s bid to dismiss the lawsuit against it by the Commonwealth of Massachusetts alleging that its popular social media video sharing site is intentionally designed to be addictive and harmful to young users …
Andrew G. Simpson
3 months 1 week ago
A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with the matter. Firms working in distressed-debt special situations including Davidson Kempner …
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3 months 1 week ago
South Korea strongly condemned what it described as an attack on a civilian cargo vessel in the Strait of Hormuz after a government investigation found the ship was struck by unidentified objects, though it stopped short of assigning blame. “Attacks …
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3 months 1 week ago
Geolocation data for some ships in the Persian Gulf showed locations and speeds that defied logic, pointing to an increase in signal interference following fresh attacks by Iran on neighboring countries. The tracking data showed about 120 vessels in a …
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3 months 1 week ago
Markel Insurance Appoints Da Costa to Lead U.S. Cyber and Tech E&O Portfolio Markel, the insurance operations within Markel Group Inc., appointed Raphael Da Costa to lead its U.S. cyber and tech E&O portfolio. Da Costa oversees Markel’s U.S. cyber …
3 months 1 week ago
Thirty former Ohio State football players, including some former NFL players, have agreed to join a federal lawsuit against the university over the sexual abuse of student athletes decades ago by a team doctor, a lawyer in the case said …
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3 months 1 week ago
No injuries were reported after an explosion and a fire at a refinery in the New Orleans area on Friday, officials said. Residents near Chalmette Refining said they heard an explosion at around 1 p.m. The refinery is in Chalmette, …
3 months 1 week ago
Banking groups are floating last-minute changes to a compromise on stablecoin yield as a key Senate panel begins considering a landmark digital asset bill. The proposed changes would tweak the compromise brokered by Senators Thom Tillis, a Republican, and Angela …
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3 months 1 week ago
Disruptions for college students are set to drag into the weekend after hackers briefly took down an online platform used by thousands of schools around the world, from Princeton University in the US to the University of Manchester in the …
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3 months 1 week ago
Nike was sued on May 8 by consumers who accused the athletic apparel and footwear maker of not refunding tariff-related costs it passed on in the form of higher prices. In a proposed class action, consumers said Nike should not …
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3 months 1 week ago
As storm chaser Ashton Lemley picked his way through a tornado-ravaged Mississippi trailer park, he heard the unmistakable meow of a kitten pierce the predawn darkness. The homes were flattened just hours earlier as storms spawned at least three tornadoes …
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3 months 1 week ago
Safepoint Insurance on May 8 filed its paperwork for a U.S. initial public offering, disclosing a 96.9% revenue jump last year as a strong run of new IPO listings from Florida-based insurers extends into 2026. The company reported a net …