Amazon and Google are taking action against a website that generates fake product/business reviews. The two tech giants have filed parallel lawsuits against Bigboostup.com, accusing it of selling phony product and business reviews to scammers to list on Amazon’s stores and on Google Search and Google Maps, Amazon announced Monday...
Last year, Elon Musk made a bold prediction about the future of his social media platform. Instead of just being a place where people shared thoughts and content, X — rebranded from Twitter a few months earlier — would become a payments super app. “It...
Three trade associations filed a lawsuit Wednesday (Oct. 23), aiming to block the Federal Trade Commission’s (FTC) “click-to-cancel” rule. The suit claims that the rule exceeds the FTC’s authority and is not supported by evidence, Reuters reported Wednesday. The three plaintiffs are the NCTA —...
Two News Corp-owned publishers — Wall Street Journal (WSJ) parent company Dow Jones and the New York Post — have filed a copyright infringement lawsuit against artificial intelligence (AI) search engine Perplexity. The publishers allege that the AI startup uses their copyrighted content to answer...
Citibank lawyers urged a judge Tuesday (Oct. 8) to throw out a suit filed in January by New York Attorney General Letitia James that accuses the bank of failing to protect fraud victims. The lawyers argued that the bank has protections in place for consumers...
U.S. Sen. Dick Durbin of Illinois is supporting an Illinois law that will bar the charging of interchange fees on the tax and tip portions of credit and debit card transactions. Durbin, who is U.S. Senate majority whip and author of the Durbin Amendment, filed...
Most of FTX’s creditors will profit from their investments in the failed cryptocurrency exchange. That’s according to a bankruptcy agreement approved Monday (Oct. 7) by a federal court, giving 98% of FTX’s creditors approximately 119% of their claim. “Looking ahead, we are poised to return...
The Court of Justice of the European Union (CJEU) ruled Friday (Oct. 4) that Meta Platforms can use only some of the data it gathers from Facebook users to deliver targeted advertising. The ruling came in a case brought by privacy activist Max Schrems that went...
Blockchain firm Ripple said it’s prepared to continue its legal battle against the Securities and Exchange Commission. Ripple CEO Brad Garlinghouse made the pronouncement on social platform X Wednesday evening (Oct. 2), hours after the SEC said it was appealing a ruling in its case...
