Insider trading among tech companies is nothing new, but some of these unscrupulous workers are more 'successful' than others. The SEC has charged former Palo Alto Networks IT administrator Janardhan Nellore and four friends with conducting insider t...
SEC charges IT administrator over $7 million insider trading ring
Insider trading among tech companies is nothing new, but some of these unscrupulous workers are more 'successful' than others. The SEC has charged former Palo Alto Networks IT administrator Janardhan Nellore and four friends with conducting insider t...
For the first time, Netflix is reporting its international business operating results by region. In a filing with the Securities and Exchange Commission (SEC), Netflix shared its streaming revenue and membership info for the US and Canada; Europe, Mi...
Tech companies have been caught in corruption scandals before, but seldom on this scale. Telecom giant Ericsson has settled with the US Justice Department and SEC for just under $1.1 billion over charges of extensive corruption in several countries,...
In 2017, Waymo accused Uber of stealing its autonomous driving trade secrets. You may have thought the Uber-Waymo legal battle was over when, in 2018, the companies reached a settlement and Uber agreed to pay around $245 million. But as part of the s...
US regulators issued a blunt warning to cryptocurrency holders who think they're not beholden to the usual rules. The Securities and Exchange Commission, the Commodity Futures Trading Commission and the Financial Crimes Enforcement Network have put...
Telegram's plans for its cryptocurrency and blockchain network may be in jeopardy. The US Securities and Exchange Commission has filed an emergency action and obtained a temporary restraining order against the company, which prevents it from distribu...
Blockchain technology company Block.one has been fined $24 million by the Securities and Exchange Commission (SEC) for running an unregistered ICO (initial coin offering). According to the SEC, the company conducted the ICO between June 2017 and June...
The online ad world (among others) thrives on metrics to gauge how well its campaigns are working, but what happens when the company providing that data is cooking its own books? The industry is grappling with that issue today. Comscore and its for...
Facebook isn't just settling with the FTC over the Cambridge Analytica data scandal. The social network has also agreed to pay the US Securities and Exchange Commission $100 million over charges of making "misleading disclosures" over the risk of abu...
Microsoft is on the hook at home for alleged crimes abroad. The company has agreed to pay about $25 million in settlements with both the Justice Department and SEC over charges that its Hungary subsidiary violated the Foreign Corrupt Practices Act....