Italy's competition regulator said on Tuesday it had opened an investigation into Apple over compliance with interoperability obligations, under the European Digital Markets Act. Under the rules, Apple must ensure that third-party providers of consumer cloud services can inter-operate effectively and free of charge with hardware and software components controlled through the group's iOS and iPadOS operating systems, and have equal access as Apple's iCloud service.
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Shareholders have filed a proposed securities class action, City of St. Clair Shores Police and Fire Retirement System v. Microsoft Corp., alleging misstatements around Azure and Copilot AI progress. The lawsuit focuses on disclosures about operational challenges, capacity tradeoffs, and slower than expected subscription conversions to Copilot. At the same time, Microsoft 365 Copilot is gaining traction through new integrations with NHS England, Wix, and third party solutions like Nurix...
Microsoft faces a proposed class-action lawsuit from shareholders alleging the company defrauded investors by masking a slowdown in its Azure cloud business.
Target has initiated a voluntary nationwide recall of certain Up & Up baby wipes after FDA testing detected harmful bacteria in specific batches. The recall follows reports of serious infections potentially linked to the affected products, raising health concerns for infants and young children. This development creates additional reputational and regulatory scrutiny for Target as it manages product quality and safety across its private label portfolio. For investors watching NYSE:TGT, this...
Former CEO Frank Del Rio has filed a US$75.00 million lawsuit against Norwegian Cruise Line Holdings and its board over an alleged breach of his post-retirement consulting agreement, accusing the company of fraud and misleading shareholder disclosures about his compensation. This governance dispute puts Norwegian’s board oversight, executive pay practices, and disclosure quality under the microscope at a time when the company is working to reinforce investor confidence in its turnaround...
There are over 100 reports of hot liquid or steam being released unexpectedly from Kidisle-branded hot and iced coffee machines.
A securities class action lawsuit has been filed against Microsoft, alleging misleading statements about its AI and Copilot products, capital expenditure choices, and market share trends. The complaint focuses on claims around Copilot's user experience, competitive position, and internal GPU and CPU resource allocation that allegedly affected Azure growth and commercial adoption. Investors are watching for potential reputational and financial implications, as well as any impact on...
Multiple securities class action lawsuits have been filed against POET Technologies (NasdaqCM:POET). The suits allege misleading statements about its tax status, business agreements, and internal controls. The lawsuits follow the cancellation of major purchase orders and related operational consequences, which plaintiffs claim were tied to misrepresented information and confidentiality issues. Investors are confronting new legal and reputational risks for the company, alongside heavy share...
Costco Wholesale (NasdaqGS:COST) has issued a recall of Lactantia UltraPur Milk due to a food safety risk. The company is also seeking dismissal of a lawsuit that challenges advertising claims related to its rotisserie chicken. Both developments focus attention on Costco's product quality controls, consumer protections, and marketing practices. For a warehouse club retailer like Costco, where members often buy food in bulk, any recall tied to a food safety issue goes straight to the heart...
F recalls 548,463 Expedition SUVs after peeling the center console trim exposed sharp edges, with thousands of claims and reported injuries tied to them.
In early June 2026, Lucid Group began rolling out a major over-the-air update for its Gravity SUV in North America, adding hands-free highway driving, richer Google-powered navigation data, and enhanced charging and visibility features for vehicles equipped with the optional DreamDrive 2 Pro system. At the same time, Lucid is grappling with a series of securities class action lawsuits alleging that management misrepresented supplier quality problems that disrupted Gravity deliveries and hurt...
Uber Technologies (NYSE:UBER) has filed a lawsuit against New York City to block enforcement of a new law that limits when it can deactivate drivers. The company argues the law threatens rider safety and violates its constitutional rights. The case centers on how much control ride hailing platforms can retain over driver access to their apps. For investors watching NYSE:UBER, this dispute goes to the core of how the company runs its ride hailing marketplace. Uber operates a global platform...
In January, two women filed a proposed class action lawsuit and claimed Costco falsely advertised its Kirkland Signature Seasoned Rotisserie Chicken.
Former xAI engineer Devin Kim alleges he was illegally fired for trying to implement safety mechanisms for the chatbot
Former CEO Frank Del Rio has filed a lawsuit against Norwegian Cruise Line Holdings (NYSE:NCLH) and its board. The suit alleges breach of contract, fraud, and misleading shareholder disclosures tied to his retirement consulting agreement. The case places corporate governance, executive pay decisions, and board oversight under close scrutiny. Norwegian Cruise Line Holdings operates as a global cruise company, with its performance closely tied to travel demand, consumer spending, and capacity...
A jury had found the two companies liable for designing platforms that harmed a young user and awarded $6 million in damages
Meta Platforms (META) has been ordered by the European Commission to restore and maintain free acces
The European Union told Meta Platforms to reverse a policy that effectively bans rival artificial intelligence chatbots from using a tool to communicate with users on WhatsApp as officials continue to probe the company’s messaging service.
The CMA has set Aug. 7, 2026, as the deadline for its initial review of the deal, when it will decide whether the proposed merger of PSKY and WBD raises competition concerns.
Riot Platforms (NasdaqCM:RIOT) is facing a patent infringement lawsuit from Green Revolution Cooling Inc. related to data center cooling technology. The company has announced a collaboration with Terrestrial Energy to use molten salt nuclear reactors to power future AI data centers. Both developments focus on Riot's data center operations and potential future energy footprint for AI workloads. Riot Platforms, trading at $25.69, has been a volatile stock, with the share price up 81.4% year...
Italy's competition authority said on Monday it had dropped an investigation into Meta Platforms over allegations the company abused its dominant position by installing its artificial intelligence tool on messaging service WhatsApp. The investigation had been launched in July 2025. The regulator, known as AGCM, said it closed its probe because the European Commission had extended its own investigation into the same issue to include the Italian territory.
Boeing is approaching a solemn anniversary: It has been almost one year since the fatal Air India Flight 171. On June 12, 2025, a Boeing 787 crashed shortly after takeoff from Ahmedabad, India, killing 229 passengers, 12 crew, and 19 people on the ground. The crash’s anniversary signals the imminent arrival of the full accident investigation report from India’s Aircraft Accident Investigation Bureau.
Target has issued a voluntary nationwide recall of select Up & Up baby wipes after FDA testing found contamination with Burkholderia cepacia complex and Burkholderia gladioli bacteria. The recall affects multiple lots of a popular store brand product used primarily by infants and young children. Target is advising customers to stop using the affected wipes and return them to stores for a refund. For investors watching NYSE:TGT, this recall lands at a time when the stock is trading around...
Apple, ticker NasdaqGS:AAPL, has agreed to a $250 million settlement in a class-action lawsuit. The case centers on claims that 2024 iPhone models misrepresented artificial intelligence features to consumers. The settlement is subject to court approval and could result in payments to eligible customers. For a company whose flagship iPhone line underpins both hardware sales and services revenue, any legal dispute tied directly to product marketing tends to draw close investor attention. The...
Shareholder approval moved the deal forward, but antitrust scrutiny now puts the focus on whether regulators seek divestitures or conditions that could affect the timing and economics of the transaction.
Texas Attorney General announces a child safety investigation into Celsius Holdings. Still, Bank of America recommends buying CELH shares today.
Ford knows it has a problem with recalls: it is once again leading all other auto manufacturers by a large margin so far in 2026. CEO Jim Farley has said improving the quality of its vehicles is Ford's "largest near-term opportunity" to lower costs. Ford has issued 40 recalls so far this year. ...
Apple has agreed to submit local financial statements to India's competition authority as part of an ongoing antitrust probe into alleged abuse of dominance. The case comes at a time when Apple's iPhone business and production footprint in India are expanding and the company is rolling out new integration features such as native bill splitting. This development arrives ahead of an expected AI focused Siri update at WWDC, raising questions about potential regulatory penalties in a key...
CGNT's fiscal Q1 2027 revenues rise 10% to $105.5M as demand grows for investigative analytics and new financial crime solutions.
F recalls nearly 420,000 U.S. vehicles over a seat belt defect tied to injury risk, while a separate suspension issue prompts another recall.