Business

Biden urges US Congress to rein in Big Tech

US President Joe Biden on Wednesday urged Republican and Democratic lawmakers to break years of political gridlock and pass laws that would rein in the power of Big Tech.

Business

Amazon may breach trademark rights over fake Louboutin ads

Online retail giant Amazon could be held responsible for breaching luxury shoemaker Christian Louboutin's trademark rights over the sale of counterfeit red soled high-heeled shoes on its platform, the European Court of Justice ...

Business

Honeywell to pay $160 mn to settle US, Brazil bribe case

US industrial giant Honeywell will pay $160 million to settle criminal and civil probes in Brazil and the United States over bribes in order to win business from two national oil companies, the government said Monday.

Business

FTX founder Bankman-Fried back in jail after hearing

Sam Bankman-Fried, wanted in the United States for fraud after the collapse of his FTX cryptocurrency group, remained in a Bahamas prison Monday after an abortive court hearing that was to consider his possible extradition.

Security

US charges suspect linked to notorious ransomware gang

A man who authorities say participated in a ransomware campaign that extracted tens of millions of dollars from victims has been charged in the United States, the Justice Department announced Thursday.

Security

US charges Ukrainian 'Raccoon Infostealer' with cybercrimes

A Ukrainian man has been charged with computer fraud for allegedly infecting millions of computers with malware in a cybercrime operation known as "Raccoon Infostealer," the US Justice Department said Tuesday.

Business

Twitter whistleblower brings his critiques to Congress

A former security chief at Twitter will appear before Congress Tuesday with alarming allegations that the social platform misled regulators about its cyber defenses and efforts to control millions of fake accounts.

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