Financial Crime Weekly: SEC Charges Tai Mo Shan With Misleading Terra USD Investors, Rocket Companies Sued Over Alleged Kickback Scheme
Consumer Financial Protection Bureau Sues Rocket Homes, Alleges Kickback Scheme read more
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Musk And Ramaswamy Back Foreign Tech Workers, Sparking Rift In MAGA Trump Camp & Twitter Firestorm
Immigration and the big tech’s reliance on skilled labor is at the core of the rift between Trump’s MAGA supporters and Silicon Valley. read more
Telecom Industry Targeted: Salt Typhoon Hackers Breach Nine Companies
White House official Anne Neuberger confirms nine U.S. telecom companies hacked in Chinese-linked campaign Salt Typhoon. read more
US Government Has Less Than 3 Weeks To Raise Debt Ceiling Before Resorting To ‘Extraordinary Measures,’ Says Treasury Secretary Yellen
U.S. Treasury Secretary Yellen warned Congress that the government has less than three weeks to raise the debt limit or risk default and financial instability. read more
Elon Musk Admits To Using Weight Loss Medication Criticized By RFK Jr, Says He Prefers Mounjaro Over Miracle Drug Ozempic
The world’s richest man Elon Musk earlier this week admitted to using the weight loss drug Mounjaro. read more
Google Chrome Users Beware This Holiday Season: Cyber Security Firm’s Browser Extension Hijacked By Attackers
Cyberhaven, a data-loss prevention startup, has confirmed a security breach involving its Google Chrome browser extension. read more
Elon Musk’s Legal Battle Against OpenAI’s For-Profit Transition Joined By Non-Profit Encode
Encode partners with Musk to oppose OpenAI’s for-profit transition. Encode submits brief supporting Musk’s injunction against the move. read more
Li Auto CEO Defends Use Of LiDAR Despite Tesla CEO Elon Musk’s Criticism: ‘If Musk Had Ever Driven On Different Highways In China…’
Chinese EV startup Li Auto’s founder and CEO Li Xiang on Friday reportedly backed the use of LiDAR technology in the company’s vehicles, saying it is necessary on the roads in China. read more
Honda CEO Struggles To Justify Potential Nissan Merger: ‘That’s A Difficult One’
Honda Motor CEO Toshihiro Mibe reportedly found it difficult to explain why its merger with Nissan Motor is justified. read more
Apple Halts iPhone 14, iPhone SE Sales In EU: Here’s Why
Apple stops selling some iPhones in EU countries due to new regulation requiring USB-C ports. read more