crime

Credit: Shutterstock "Going home" is a classic metaphor for exiting prison. But most people exiting prison in Australia either expect to be homeless, or don't know where they will be staying when released. …

WASHINGTON—The Securities and Exchange Commission will boost the size of its special unit devoted to investigating cryptocurrency frauds and other misconduct, a move that follows the agency’s aggressive push to get the unregulated industry to come under federal supervision. The SEC said it plans to add 20 investigators and litigators to its Crypto Assets and Cyber Unit, which was created in September 2017 when regulators noticed a surge of new digital coins sold to the public. The…

European Union antitrust authorities on Monday charged Apple Inc. AAPL 0.20% with abusing its dominant position by restricting access to the technology underpinning contactless payments on its mobile devices, adding to the bloc’s efforts to clamp down on alleged anticompetitive behavior by some of the world’s biggest tech companies.The European Commission, the EU’s executive arm, said it took issue with Apple’s decision to prevent mobile-wallet app developers from…

The nearly nonstop series of new U.S. sanctions being levied in a bid to halt Russia’s war machine have complicated events for companies facing their own external threat: ransomware attacks.The ever-lengthening lists of sanctioned entities pose risks to U.S. companies that want to pay to get their systems back online after an attack, experts said. Ed McNicholas, co-leader of the cybersecurity practice at law firm Ropes & Gray LLP, said ensuring that ransomware payments aren’t going to…

In a securities filing Friday, Activision said Mr. Kotick would receive $14.4 million in severance if he is terminated or quits under a variety of circumstances within a year of a change of control at the company. It also said Mr. Kotick owns 4.3 million shares and has the right to acquire another 2.2 million—potentially worth just over $500 million combined at the $95-a-share deal price. Mr. Kotick received $826,549 in compensation in 2021, according to the filing. Friday’s disclosure, in Activision’s annual proxy…