Today: 5. Nov, 2024
Keurig Dr Pepper has been fined by the Securities and Exchange Commission (SEC) for making deceptive statements about the recyclability of its K-Cup coffee pods. The SEC’s inquiry revealed that Keurig had misrepresented the environmental impact of its popular single-use pods, prompting…
The US Justice Department has initiated legal proceedings against TikTok, accusing the widely used social media platform of violating children’s privacy regulations. The lawsuit claims that TikTok and its parent company, ByteDance, have inadequately prevented minors from accessing the app and have…
Artificial intelligence (AI) has been a major driver of sales growth for businesses, but not all have seen the same level of success. Adobe, until recently, was a laggard among AI stocks. The company, known for its popular photo-editing software Photoshop, doesn’t…
In a significant legal development, Live Nation, the parent company of Ticketmaster, is facing a monumental antitrust lawsuit filed by the US government and 30 state and district attorneys general. This lawsuit, lodged in New York, alleges that Live Nation has exploited…
Massachusetts is bracing for a legal showdown as industry titans Uber and Lyft prepare to stand trial over the contentious issue of worker classification. The crux of the matter revolves around whether drivers for these platforms should be deemed independent contractors or…
Stocks maintained their upward trajectory on Thursday, with major indexes near record highs despite a notable dip in Apple’s stock following news of a lawsuit. The market’s enthusiasm stemmed from the Federal Reserve meeting and Fed Chair Jerome Powell’s remarks on Wednesday,…
In a shocking turn of events, a Texas resident, Harvey Murphy Jr., has initiated a legal battle against Macy’s and EssilorLuxottica, the parent company of Sunglass Hut, for a wrongful arrest that he claims resulted from the erroneous use of facial recognition…
In a bold move, U.S. regulators have filed a lawsuit against SolarWinds, a prominent Texas-based technology company, and its top security executive, Tim Brown. This legal action comes in response to a massive 2020 Russian cyberespionage campaign that targeted SolarWinds’ software, leading…
In a landmark lawsuit, Meta, the parent company of Facebook and Instagram, faces severe allegations from dozens of US states. The states accuse Meta of misleading the public about the risks associated with social media use and contributing to a pervasive mental…
Prominent YouTuber Jimmy “MrBeast” Donaldson is filing a lawsuit against the organization managing his fast-food franchise, alleging customers labelled the food ‘unpalatable.’ Donaldson, the globe’s top YouTuber boasting 172 million subscribers, unveiled MrBeast Burger in 2020. He alleges that Virtual Dining Concepts,…
