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California County Suing Meta Over Scam Ads
California’s Santa Clara County has sued Meta Platforms, alleging it has profited from Facebook and Instagram ads promoting scams in violation of California’s false advertising and unfair business practices laws. The lawsuit – filed Monday in Santa Clara County Superior …
POSTED MAY 11, 2026 3:41 PM |
Shein Accuses Temu of ‘Industrial Scale’ Copyright Breaches in UK Legal Battle
Online fast-fashion platform Shein accused Temu of copyright infringement “on an industrial scale,” while Temu countered that Shein is using litigation to stifle competition, as a trial opened at London’s High Court on Monday. The case is part of a …
POSTED MAY 11, 2026 3:40 PM |
Hackers Pushing Innovation in AI-Enabled Hacking Operations, Google Says
Hackers from a prominent cybercrime group used artificial intelligence to uncover a previously unknown software flaw and an exploit to take advantage of it for the first time, Alphabet’s Google said on Monday. The planned attack targeted a widely used …
POSTED MAY 11, 2026 3:33 PM |
Willis’ Haitsch: Insurance Industry Swiftly Adjusts to the Data Center Boom
The insurance market is “scaling along with the opportunity” presented by a massive boom in data centers to meet the power demands of artificial intelligence, said George Haitsch, North American tech, media, and telecommunication leader at broker Willis. Speaking at …
POSTED MAY 11, 2026 3:14 PM |
Appeals Court Delivers Split Ruling on Michigan’s Renewable Energy Regulations
A state appeals panel last week upheld the bulk of Michigan’s regulations limiting local control over renewable energy projects, while rejecting narrow aspects that critics had decried as regulatory overreach. The three-judge Michigan Court of Appeals panel ruled that state …
POSTED MAY 11, 2026 2:07 PM |
Boat Explodes Near Miami, Injuring a Dozen People
About a dozen people were taken to hospitals with injuries Saturday after a boat explosion near Miami, the Miami-Dade Fire Rescue agency said. The charter boat was in Biscayne Bay, near Haulover Sandbar, when the blast erupted on board, according …
POSTED MAY 11, 2026 1:32 PM |
GM to pay $12.75 Million to Settle California Driver Privacy Probe
GM has agreed to pay $12.75 million to resolve a California investigation into allegations that the Detroit automaker illegally sold two data brokers detailed information about the driving habits of hundreds of thousands of Californians, state Attorney General Rob Bonta …
POSTED MAY 11, 2026 12:58 PM |
Update: Trump Dismisses Iran’s Offer, Oil Rises as Hormuz Closure Persists
President Donald Trump said on Monday that a ceasefire with Iran was “on life support” after he rejected Tehran’s response to a U.S. peace proposal, fueling concerns of a resumption of hostilities in the 10-week-old conflict that has killed thousands …
POSTED MAY 11, 2026 12:45 PM |
TikTok Must Face Massachusetts Lawsuit Alleging It Harms Young Users
A Massachusetts trial court judge has denied TikTok’s bid to dismiss the lawsuit against it by the Commonwealth of Massachusetts alleging that its popular social media video sharing site is intentionally designed to be addictive and harmful to young users …
POSTED MAY 11, 2026 12:23 PM |
Hedge Funds Make Their Move as Litigation Finance Assets Slump
A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with the matter. Firms working in distressed-debt special situations including Davidson Kempner …
POSTED MAY 11, 2026 8:10 AM |
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