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Centurylink faces enforcement action for violating anti-competitive deal with DOJ
The U.S. Department of Justice (DOJ) commenced an enforcement action against Centurylink (NYSE: CTL) for violating the terms of their agreement designed to prevent anti-competitive impacts arising from its acquisition…
By – Marivic Cabural SummersLatest news
Trumid Financial secures $200M in latest funding round
Trumid Financial, LLC, announced that it secured $200 million in growth capital investment from the Dragoneer Investment Group…
By Jackie AllenApple loses $506M patent trial over its use of 4G LTE tech
An eight-person Eastern District of Texas federal jury decided that Apple should pay PanOptis Patent Management LLC more than…
By Jackie AllenSEC charges Boon.Tech, CEO Rajesh Pavithran over fraudulent ICO
The Securities and Exchange Commission (SEC) accused Kelvin Boon LLC doing business as Boon.Tech and its CEO Rajesh…
By Marivic Cabural SummersCalifornia Judicial Council ends moratorium on evictions and foreclosures
The California Judicial Council decided to end its moratorium on evictions and foreclosure filings on September 1. During…
By Marivic Cabural SummersMyPayrollHR CEO Michael Mann pleads guilty to 12 counts of fraud
Former Valuewise/MyPayrollHR owner Michael Mann plead guilty on Wednesday to engineering a complex $100 million bank fraud. He…
By Jackie AllenLucky Brand acquired by Simon and Authentic Brands
Simon Property Group and Authentic Brands Group (ABG) have teamed up in an unlikely deal to acquire bankrupt…
By Colby McCoyDaimler, Mercedes-Benz to pay $2.2B to settle emissions charges in the U.S.
Daimler AG (OTCMKTS: DMLRY) and its subsidiary Mercedes-Benz USA agreed to pay a total of approximately $2.2 billion…
By Marivic Cabural SummersFortnite maker Epic sued Apple over its alleged monopolistic practices
Apple Inc. (NASDAQ; AAPL) is facing a lawsuit filed by Epic Games, the maker of Fortnite online video…
By Marivic Cabural SummersAmazon liable for defective product sold by third-party on its website: Appeals Court
Amazon.com (NASDAQ: AMZN) suffered a critical blow on Thursday after a California Appeals Court ruled against it in…
By Marivic Cabural SummersDirect Lending Investments Founder Brendan Ross arrested on fraud charges
The Federal Bureau of Investigation (FBI) arrested Brandan Ross, the Founder and former CEO of Direct Lending Investments,…
By Marivic Cabural Summers