US President Donald Trump demanded a Department of Justice probe into alleged 2020 election rigging, labelling it the “biggest scandal in American history,” and called for voter ID and an end to mail-in voting.
In a major blow to Google, a U.S. judge has ruled that the tech giant illegally dominates key online advertising markets. The verdict marks a turning point in Big Tech regulation, with the possibility of a forced breakup of Google's ad business. Could this be the beginning of the end for Google’s ad empire? Get the full details, expert reactions, and what’s next in this landmark case.
The moves are in line with President Donald Trump's broader orders to remove U.S. government support for diversity, equity and inclusion practices within the federal government, as well as to weaken Biden-era climate regulation.
Canada's major lender had failed to check on illicit financing, and had even allowed transfer of drug proceeds to Coloumbia.
Taking action against Big Tech has been one of the few ideas that Democrats and Republicans have agreed on. During the Trump administration, which ended in 2021, the Justice Department and Federal Trade Commission (FTC) opened probes into Google, Facebook, Apple and Amazon.
Glenmark Pharmaceuticals has entered into an agreement with the DOJ to resolve all of its court proceedings involving historical pricing practices by former employees relating to the generic drug pravastatin between 2013 and 2015.
The recent rout in shares of U.S. regional banks brought fresh scrutiny by criminal prosecutors and regulators of short sellers, who had previously come under review in the wake of the “meme stock” craze of 2021, Reuters and other media outlets have reported.
Federal prosecutors are trying to prohibit FTX founder Sam Bankman-Fried from privately contacting current and former employees of the bankrupt cryptocurrency.
The U.S. Justice Department is poised to sue Alphabet Inc's Google as soon as Tuesday regarding the company's dominance over the digital advertising market space, Bloomberg News reported on Monday, citing people familiar with the matter.
FTX has ousted founder Sam Bankman-Fried, and new CEO John Ray, who was hired to steer the company through bankruptcy, has said investigating FTX's implosion and recovering customer assets are among his top priorities.
Lawyers for the DOJ have asked Apple, its customers and competitors questions about how the company maintains its strict control over the iPhone, the report said, citing two people with knowledge of the investigation.
The DoJ's antitrust division has also asked Sun Pharma's US unit for documents related to employee and corporate records and communications with competitors.
"One of the company's US subsidiaries, Sun Pharmaceuticals Industries Inc (SPII), has received a grand jury subpoena from the United States Department of Justice (DoJ), anti-trust division...," the company said in a BSE filing.
Five of the world's biggest banks are expected to be hit with a combined bill of more than $5 billion and criminal charges on Wednesday in a settlement with U.S. and British authorities over rigging of currency markets.
Chirag Talati, analyst at Espirito Santo Securities Pharma, in an interview with CNBC-TV18's Sonia Shenoy and Anuj Singhal, gave his perspective on the Glenmark-Sanofi deal and why he is bearish on Dr Reddy's and Ranbaxy.