Search results for "DOJ"

Exclusive - Ex-CEO of Binance’s US Firm Has Enlisted Lawyer for US Investigations

A former chief executive of Binance’s de-facto U.S. subsidiary has enlisted a former federal prosecutor and top cop at the Commodity Futures Trading Commission to represent her in the U.S. government’s investigations into the giant cryptocurrency exchange, a person with direct knowledge told Reuters. Catherine Coley, who launched Binance.US in 2019 and left suddenly two […]

Google Tees up Venue Clash over U.S. Advertising Antitrust Lawsuit

Lawyers for Alphabet Inc’s Google LLC on Wednesday said they will ask a federal judge in Virginia to move the U.S. Justice Department’s antitrust lawsuit to Manhattan federal court, where the company is already fighting claims that it has abused its market power for online advertising technology. In a filing in the Manhattan litigation, Google’s […]

U.S. Justice Department Seeks Tesla Driver-assist Documents

Tesla Inc disclosed on Tuesday the U.S. Justice Department has sought documents related to its Full Self-Driving (FSD) and Autopilot driver-assistance systems as regulatory scrutiny intensifies. The automaker said in a filing it “has received requests from the DOJ for documents related to Tesla’s Autopilot and FSD features.” Reuters reported in October Tesla is under […]

U.S. Targets Google’s Online Ad Business Monopoly in Latest Big Tech Lawsuit

The U.S. Justice Department accused Alphabet Inc’s Google on Tuesday of abusing its dominance in digital advertising, threatening to dismantle a key business at the heart of one of Silicon Valley’s most successful internet companies. The government said Google should be forced to sell its ad manager suite, tackling a business that generated about 12 […]

Air Traffic Modernization Through Iris Programme Advances as Inmarsat and Esa Select Txt to Drive Adoption

GCC Passengers to Benefit From New Global Air Traffic Management System Global digital enabler TXT Group (TXT) has been selected as the latest partner for Inmarsat and the European Space Agency (ESA)’s revolutionary Iris programme, which utilizes the latest generation of satellite technology to modernize air traffic management (ATM).  Electronic flight bag application will lead to reduced fuel […]

Special Report-Ftx’s Bankman-Fried Begged for a Rescue Even as He Revealed Huge Holes in Firm’s Books

As customers withdrew billions of dollars from crypto exchange FTX one frantic Sunday this month, founder Sam Bankman-Fried worked the phones in a futile bid to raise $7 billion in emergency funds. Hunkered in his Bahamas apartment, Bankman-Fried toiled through the night, calling some of the world’s biggest investors, including Sequoia Capital, Apollo Global Management […]