Techno Blender
Digitally Yours.
Browsing Tag

Crime/Legal Action

Meta’s Mark Zuckerberg Is Sued by Washington, D.C., Attorney General

The attorney general for Washington, D.C., sued Facebook founder Mark Zuckerberg on Monday, alleging that he participated in decision-making that led to the Cambridge Analytica data breach. Filed in D.C. Superior Court, the suit echoes charges that the office of Attorney General Karl Racine leveled last year, when it sought to name Mr. Zuckerberg as a defendant in a lawsuit it filed in 2018 against…

China’s HNA Found to Owe $185 Million Over Bankrupt Manhattan Skyscraper

Chinese conglomerate HNA Group Co. must pay its former business partner SL Green Realty Corp. about $185 million in a dispute over a bankrupt Manhattan skyscraper, an arbitrator said. The arbitrator, former judge L. Priscilla Hall, found that real-estate investment trust SL Green was entitled to a $184.6 million payment over an investment that it made in HNA Group’s 245 Park Ave., according to documents made public in a New York state court Friday. SL Green should also be reimbursed for $856,000 in…

Buffalo Shooting Tests Internet Antiterrorism Accord

WELLINGTON, New Zealand—The live-streaming of a shooting rampage at a supermarket in Buffalo, N.Y., demonstrated the strengths and limitations of a global accord to counter the spread of terrorist content online.More than 50 countries including the U.S., Germany and India, along with internet companies such as Facebook owner Meta Platforms Inc., Google parent Alphabet and Twitterhave signed up in support of the Christchurch Call since its inception in 2019 after a white supremacist murdered 51 people at two mosques in

Saudi Sovereign-Wealth Fund Buys Stake in Royal’s Investment Firm

Saudi Arabia’s sovereign-wealth fund bought a stake Sunday in a firm owned by billionaire Prince al-Waleed bin Talal, further intertwining the government with a high-profile investor who was once detained by the state over corruption allegations. The Public Investment Fund agreed to pay Prince al-Waleed $1.51 billion for 16.9% of Kingdom Holding Co., a figure based on the closing price on the last trading day before the transaction was announced, according to a filing with the Saudi…

Prosecution Rests in Trial of Former Theranos President Ramesh ‘Sunny’ Balwani

Prosecutors on Friday rested their case against Ramesh “Sunny” Balwani— the top deputy and close confidant to Theranos Inc. founder Elizabeth Holmes —as the government seeks another fraud conviction against the leaders of the defunct blood-testing startup. Over nine weeks that included testimony from 24 witnesses in San Jose, Calif., prosecutors sought to convince a jury that Mr. Balwani conspired with Ms. Holmes to defraud investors and patients about the startup’s…

Sweden, Finland Weigh Cyber Risks Stemming From NATO Applications

Authorities in Sweden and Finland have raised alert levels for cyberattacks, concerned they face increased hacking risks because of the war in Ukraine and the two Nordic countries’ subsequent applications to join NATO.Since Russia invaded Ukraine in February, cybersecurity officials in Sweden and Finland haven’t seen an increase in attacks targeting critical infrastructure, though they say the countries are becoming more interesting targets for hacking groups with Russian ties.…

Jeff Bezos, Elon Musk Tax Data Leaked Out a Year Ago. IRS Leaders Still Wait for Answers

WASHINGTON—Top U.S. officials who oversee the Internal Revenue Service are expressing growing dismay with a year-old D.C. mystery: how confidential information about the nation’s wealthiest and highest-income taxpayers—including Jeff Bezos and Elon Musk —became public.Extensive disclosures to news organization ProPublica made public the tax figures of many of the most well-known ultrawealthy Americans, showing their incomes, payments and tax strategies. There…

Tinder Owner Match Group, Google Reach Deal on App Store Payment Rules

Match MTCH 1.74% Group Inc. withdrew its request for a temporary restraining order against Alphabet Inc.’s GOOG -1.56% Google, saying Google has made some concessions over its app store payment practices that Match Group demanded. The concessions include guaranteeing that Match apps, such as Tinder and Hinge, won’t be rejected or removed from Google’s app store for offering…

Regulators Target Companies That Connect Robocalls From Overseas

WASHINGTON—U.S. phone companies that connect robocalls from overseas would have to block calls when ordered to do so under new rules adopted Thursday by the Federal Communications Commission, in the latest government effort to end a deluge of illegal calls.For years, government and industry officials have known that a small group of relatively obscure telecom providers act as a conduit for millions of scam calls that annoy—and sometimes defraud—Americans. These companies, known as gateway providers, transfer calls that…