Amazon to Be Probed by UK Watchdog Over Marketplace Practices

UK’s antitrust watchdog is investigating on whether the US tech giant was hurting competition by giving its own sellers an unfair advantage over third-party sellers on the marketplace. Britain’s Competition and Markets Authority (CMA) said it opened an investigation on Tuesday on concerns Amazon’s practices affecting sellers on its domestic marketplace may be anti-competitive […]

Tesla Fire in Vancouver Being Probed, Says Canada Auto Safety Agency

The Canadian auto safety agency said on Friday it is probing the cause of a Tesla fire in Vancouver that drew attention after the driver struggled to exit the vehicle. Transport Canada said following a May 20, 2021, Tesla Model Y fire in Vancouver that it had its contracted collision and defect investigation team “locate […]

Amazon’s Handling of Sellers’ Data for Private Labels Probed in US: Report

The US Securities and Exchange Commission (SEC) is investigating how Amazon handled employee disclosures on the use of third-party sellers’ data purportedly to boost its own private-label business, the Wall Street Journal reported on Wednesday. The federal regulator’s enforcement division has asked for emails and communications from several senior Amazon executives, according to the report, […]

Flaws In NSE Co-Location Case Being Probed By Various Agencies: Government

I-T dept, ED, CBI probing irregularities in NSE co-location case: Government New Delhi: The income tax department, the Enforcement  Department (ED) and the Central Bureau of Investigation (CBI) are investigating the case related to irregularities in co-location facility provided by NSE, Minister of State for Finance Pankaj Chaudhary said on Tuesday. In a written reply […]

Crypto Use for Money Laundering Being Probed in 7 Cases: Minister

The Enforcement Directorate is investigating seven cases in which cryptocurrency has been used for money laundering and has so far attached proceeds of crime worth Rs 135 crore, Parliament was informed on Monday. Law enforcement agencies have flagged usage of cryptocurrency by cybercriminals and cases investigated by the ED under the Prevention of Money Laundering […]

Meta’s VR Oculus Business Said to Be Probed by US States

Multiple states have begun investigating potential violations in how Facebook, now known as Meta Platforms, runs its virtual-reality Oculus business, according to three sources familiar with the matter. Two of the sources said the US Federal Trade Commission was also involved in the antitrust investigation. Meta did not immediately respond to a request for comment. […]

Kim Kardashian, Floyd Mayweather to Be Probed in Alleged Crypto Scam

As part of a class action lawsuit filed recently in California, US, several high-profile celebrities are now facing a legal investigation. Reality TV star Kim Kardashian, American boxer Floyd Mayweather, and NBA player Paul Pierce, among others, have been sued for allegedly participating in an organised pump-and-dump scheme focused around a cryptocurrency called EthereumMax (EMAX). […]

Google’s Treatment of Black Female Workers Said to Be Probed in US

California’s civil rights regulator is investigating Google’s treatment of Black female workers following alleged incidents of harassment and discrimination, according to two people familiar with the matter and emails from the agency seen by Reuters. Attorneys and analysts at the California Department of Fair Employment and Housing (DFEH) have repeatedly interviewed several Black women who […]

Donald Trump Social Media Deal Being Probed by US Regulators

US regulators are scrutinising a deal between Donald Trump’s fledgling social media company and an investment vehicle to bring the former president’s venture to the stock market, documents showed Monday.  The companies, once merged, say they plan to launch the social media platform Truth Social nationally early next year, hoping to rival services like Twitter, which […]

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