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JPMorgan close to reaching $1B settlement to end investigations into its alleged market manipulation practices
JPMorgan Chase & Co. (NYSE: JPM) is reportedly close to reaching a settlement agreement, in which it could pay almost $1 billion to end investigations into its alleged manipulation of…
By Marivic Cabural SummersLatest news
Facebook removes Chinese propaganda network targeting the Philippines, Southeast Asian countries
Facebook (NASDAQ: FB) removed two separate government propaganda networks—one of them originating from China—primarily targeting the Philippines and…
By Marivic Cabural SummersFacebook $52M Content Moderator Settlement: How to Receive Your Benefits
Facebook, Inc.(NASDAQ: FB) reached a settlement agreement in May with content moderators who filed a class-action lawsuit, alleging that…
By Jackie AllenActivist Trian Fund sets its sights on Comcast, says company’s stock “undervalued”
Activist Trian Fund Management LP has purchased a $900 million or 0.4% stake in media giant Comcast Corporation…
By Colby McCoyTesla shares tumble following Musk comments on upcoming Battery Day
Tesla (NASDAQ: TSLA) shares plummeted Tuesday after the company CEO Elon Musk announced that the upcoming Battery Day…
By Colby McCoyDOJ announces arrests of 179 darknet drug traffickers worldwide
The U.S. Department of Justice (DOJ) announced the arrests of 179 darknet drug traffickers and the seizure of…
By Marivic Cabural SummersSEC Ends Ponzi Scheme Targeting U.S. Military Service Members
The Securities and Exchange Commission (SEC) halted a Ponzi scheme perpetrated by a Colorado man defrauding investors including…
By Marivic Cabural SummersInstagram accused of spying users by accessing their smartphone cameras without consent
Instagram and its parent company Facebook, Inc. (NASDAQ: FB) are facing a proposed class-action lawsuit alleging that the…
By Jackie AllenCalifornia halts new Pandemic Unemployment Assistance claims following massive fraud allegations
California has halted new Pandemic Unemployment Assistance (PUA) claims for the next two weeks following allegations of widespread…
By Colby McCoyNikola founder Trevor Milton steps down as exec. chairman; NKLA shares plummet
Trevor Milton, the founder of Nikola Corporation (NASDAQ: NKLA) voluntarily stepped down as executive chairman and a member…
By Jackie AllenNew York City police officer Baimadajie Angwang arrested under allegations of spying for China
A 33-year-old New York City cop and U.S. Army Reservist named Baimadajie Angwang was arrested Monday on federal charges…
By Colby McCoy
