A new antitrust class-action lawsuit accuses Apple Inc. and Amazon.com of colluding to raise the price of iPhones and iPads, […] The lawsuit, filed in the U.S. District Court for the Western District of Washington accuses Apple and Amazon of seeking to eliminate third-party Apple resellers on Amazon Marketplace in a scheme to stifle competition, Read more about Antitrust Lawsuit Says Apple and Amazon Colluded to Raise iPhone, iPad Prices[…]

A former Apple employee has pled guilty to defrauding the company out of over $17 million. Dhirendra Prasad, who spent most of his decade at Apple working as a buyer in the Global Service Supply Chain department, admitted to “taking kickbacks, inflating invoices, stealing parts and causing Apple to pay for items and services never Read more about Former Apple employee admits to defrauding the company out of $17 million[…]

The world’s wealthiest people are responsible for about a million times more emissions than the world’s lowest earners when you take into account their investments, a new report has found. The report, issued Sunday by Oxfam, finds that the world’s 125 wealthiest people—including American billionaires Bill Gates, Jim Walton, Warren Buffett, and Elon Musk—have a Read more about Billionaires Are Funding Climate Destruction[…]

India’s Competition Commission has announced it will fine Google ₹1,337.76 crore (₹13,377,600,000 or $161.5 million) for abusing its dominant position in multiple markets in the Android Mobile device ecosystem and ordered the company to open the Android ecosystem to competition […] The Commission found Google was dominant in all five markets and worked to preserve Read more about India fines Google ₹1,337.76 crore ($162 million) for Android monopoly abuse[…]

Instead of a week of profits, mere days of net income for Cook €1.1 billion fine levied against Apple by French authorities has been cut by two-thirds to just €372 million ($363 million) – an even more paltry sum for the world’s first company to surpass $3 trillion in market valuation. The three-comma invoice was Read more about French appeals court slashes Apple’s paltry 1 week profit price fixing anti competition fine[…]

Binance temporarily suspended fund transfers and other transactions on Thursday night after it discovered an exploit on its Smart Chain (BSC) blockchain network. Early reports said hackers stole cryptocurrency equivalent to more than $500 million, but Binance chief executive Changpeng Zhao said that the company estimates the breach’s impact to be between $100 million and Read more about Binance forced to briefly halt transactions following $100 million blockchain hack[…]

[…] In June, more than 3,300 employees across the United Kingdom began participating in a six-month experiment to test the efficacy of a four-day work week, which was organized by the nonprofit 4 Day Global. The pilot program has now reached its halfway point, and 4 Day Global is reporting overwhelmingly positive results. More specifically, Read more about The World’s Largest Four-Day Work Week Experiment Shows Success[…]

[…] Stonk bros are mad at the doc for a few different reasons, but the two big things that keep coming up are the supposed lack of input from investors on r/SuperStonk and r/WallStreetBets and because of the final line of the trailer, spoken by journalist Taylor Lorenz. The trailer ends with her seemingly poking Read more about GME retail investors Are Angry Over Netflix’s GameStop Documentary Trailer[…]

Blood testing huckster and former Arrayit president Mark Schena has been convicted in a covid-19 and allergy test scheme that allegedly resulted in nearly $80 million worth of fraudulent claims. Schena, who was convicted on five separate charges, could potentially spend decades in prison, according to the Department of Justice The DOJ alleges Schena misled Read more about Pharma Startup President Convicted in Fake Covid Testing Scheme[…]

This is a follow up to the big chinese ticker scam, which became the highest by-market-crap-on-the-books crime in human history, as well as another recent ticker scam. Firstly, good job for staying away from these. MSM did try hard to call them ‘mEmE StOcKs’. MSM tried even harder to push innocent investors like you and Read more about Chinese tickers scam ($HKD and more!) for collateral already down 92%: from $.5 Trillion to $43B[…]

At least one big bitcoin mining operation in Texas that was not actually mining much bitcoin during this season’s record-breaking heat netted millions of dollars in profits—more than they would have if they just kept on mining without any shutdowns. It’s thanks to power purchase agreements signed with the local grid, allowing them to sell Read more about Riot Blockchain Made More in Power Credits Than Mining Bitcoin[…]

An unknown actor has drained over 8,000 internet-connected wallets in an ongoing attack on the Solana blockchain ecosystem. According to Blockchain auditor OtterSec, the attacks were still ongoing when it posted an update in the evening of August 2nd and that they had affected multiple wallets, including Phantom, Slope, Solflare and TrustWallet, across a wide Read more about Solana ‘hot’ wallets are being drained in multi-million dollar attack[…]

As evidenced by its namesake, apparently there wasn’t much security stopping a hoard of wandering strangers from breaking into the Nomad DeFi project’s token bridge, allowing hundreds of unknown hackers and some users to walk away with over $190 million crypto, leaving behind a bare pittance in the project’s wallet. Late on Monday, users started Read more about Nomad Bridge Hack Allowed ‘Mob’ to Drain $190m in Crypto[…]

In a setback for Visa in a case alleging the payment processor is liable for the distribution of child pornography on Pornhub and other sites operated by parent company MindGeek, a federal judge ruled that it was reasonable to conclude that Visa knowingly facilitated the criminal activity. On Friday, July 29, U.S. District Judge Cormac Read more about Visa Funded Alleged Pornhub / MindGeek Child Porn, Rules Judge[…]

Babel Finance, the Hong Kong-based crypto lender, apparently had other designs when its worldwide user base handed over their crypto to the company than just borrowing and lending. It seems to have been doing what everyone else does with crypto, rapidly speculating and trying to make “line go up.” Of course, all that changed when Read more about Babel Finance Traded $280 Million of Users’ Crypto, Lost it All. Line not go up any more.[…]

The Cyberspace Administration of China has fined ride-sharing company DiDi global ¥8.026 billion ($1.2 billion) for more than 64 billion illegal acts of data collection that it says were carried out maliciously and threatened national security. Yes, we do mean billion. As in a thousand million. The Administration enumerated DiDi’s indiscretions as follows: 53.976 billion Read more about China fines ride-sharer DiDi $1.2bn for data privacy abuse – why is China leading the world in this?[…]

Android developers who distribute apps on the Google Play store can now use third-party payment systems in many European countries. The measure applies to the European Economic Area (EEA), which comprises European Union states as well as Iceland, Liechtenstein and Norway. However, the policy will not apply to gaming apps, which still need to use Read more about Google forced to allow some Android apps to use third-party payments in the EU[…]

A London court on Tuesday authorized a lawsuit that seeks to have Google pay £920 million ($1.1 billion) for overcharging customers for app store purchases. Filed as a class action on behalf of 19.5 million UK citizens, the suit alleges Google charged commission fees up to 30 percent on app sales. Consumer rights advocate Liz Read more about UK court okays $1.1b Play Store lawsuit against Google[…]