“Educational” Apps Teach Kids to Buy, FTC Told
A recent study of apps for kids finds they’re filled with advertising. Apps marketed as educational are loaded with banner and click advertisements that distract young minds...
Corporate Culture: Walkouts Over Harassment at Google
Using the hashtag #GoogleWalkout, workers at Google have staged walkouts over the company’s handling of harassment. The walkouts have occurred in Asia, Europe, and the United States. In Silicon Valley, thousands...
US Accuses China of Stealing Micron Trade Secrets
When the U.S. Department of Justice decides to start a case against someone, it only comes as a surprise if the charges criminal indictments...
Malaysia Wants Its Money Back From Goldman Sachs
Federal prosecutors in Brooklyn have obtained a guilty plea from one former Goldman Sachs banker and charged another in a corruption case involving alleged embezzlement of billions of...
French Anti Money-Laundering Targets Crypto: Will Others Follow?
The Finance Action Task Force, based in Paris, France, has established a framework for global registration of crypto-currency exchanges. This broad regulatory reach applies...
MoviePass Won’t Get a Pass From Fraud Probe
New York Attorney General Barbara Underwood is investigating MoviePass parent company Helios & Matheson Analytics Inc. over allegations that the company misled investors about its financial situation. The probe aims to defend New...
Latest News
Legal
“Educational” Apps Teach Kids to Buy, FTC Told
2018-11-07A recent study of apps for kids finds they’re filled with advertising. Apps marketed as educational are loaded with banner and click advertisements that distract young minds from learning, says Dr. Jenny Radesky of the University of Michigan Medical School, one of the study’s authors. On average, young children use mobile apps an hour each day. Selections geared for small […]
Continue ReadingBusiness and Corporation
Malaysia Wants Its Money Back From Goldman Sachs
2018-11-06Federal prosecutors in Brooklyn have obtained a guilty plea from one former Goldman Sachs banker and charged another in a corruption case involving alleged embezzlement of billions of dollars from 1Malaysia Development Berhad, an investment fund meant to benefit the Malaysian people. Prosecutors also charged Jho Low, a Malaysian, in connection with spending millions of dollars on gifts to Leonardo DiCaprio and other celebrities and to bankroll The Wolf of […]
Continue ReadingLegal
US Accuses China of Stealing Micron Trade Secrets
2018-11-06When the U.S. Department of Justice decides to start a case against someone, it only comes as a surprise if the charges criminal indictments purposely kept in the dark until a grand jury is finished or if the targeted party is completely oblivious to the activities. In both civil and criminal cases, the DOJ has […]
Continue ReadingBusiness and Corporation
Corporate Culture: Walkouts Over Harassment at Google
2018-11-05Using the hashtag #GoogleWalkout, workers at Google have staged walkouts over the company’s handling of harassment. The walkouts have occurred in Asia, Europe, and the United States. In Silicon Valley, thousands walked out of buildings in protest. The actions began after an October article in The New York Times, reporting on Google’s quiet dismissals of 48 executives accused of harassment. The story noted that Andy Rubin, who created […]
Continue Reading
