Trump Hit With $354.9 Million Penalty In New York Loan Valuation Case
Donald Trump suffered another legal blow in a civil dispute that threatens his real estate empire on Friday when a New York judge determined that he must pay $354.9 million…
In Malaysia, McDonald’s Sues BDS Malaysia For Boycott
On Sunday, Reuters reported that according to court documents, McDonald’s Malaysia in suing the Boycott, Divestment, and Sanctions (BDS) Malaysia movement for inflicting damage on its business by posting a…
Google Settles Lawsuit Over Amassing Data On Chrome User’s Behavior While Users Chose Privacy Mode
On Thursday Reuters reported that Google has agreed to settle a 2020 class-action lawsuit which alleged that the tech giant’s Chrome browser tracked the internet activity of millions of people…
Cosmetics Firm Aborts Russian Exit Due To Exit Tax
On Wednesday, Kommersant reported that international direct-sales cosmetic brand Avon has halted plans to exit the Russian market due to a steep exit tax, according to industry sources. In March…
China Floods Out Legacy Chips To Rob US Firms Of R&D Dollars
A new report in Bloomberg says that although China cannot mass produce semiconductor chips made using the latest cutting edge fabrication techniques, since the government generously subsidizes the semiconductor sector,…
US Imposes Further Russian Seafood Ban
In an official statement released on Friday, the US Treasury Department announced it was imposing a ban on all imports of Russian salmon, cod, pollock, and crab, as well as…
Three Arrows Capital Founders Have $1 Billion In Assets Frozen
A British Virgin Islands court has frozen roughly $1 billion in assets which belong to the founders of Three Arrows Capital, the cryptocurrency hedge fund, according to the firm’s liquidator.…
Activision Settles Sex Discrimination Case For $50 Million
Activision Blizzard has agreed to pay about $50 million as part of a settlement of a lawsuit brought against the game designer which allege the company engaged in a pattern…
Apple Changed Policy To Require Subpoena To Release Push Notification Data From iPhone Users
Apple has changed its policies to require the government acquire a court order before it will release data regarding the push notifications of users, making it harder for authorities to…
EU Debates Ban On Sales Of Tankers To Russia
On Monday, Reuters reported that there continues to be considerable disagreement among the states of the EU over selling oil tankers to Russia. Amid the disagreements, diplomats from the bloc…
