Whistleblower News: Apple, Samsung, Exxon
Discover Which Corporations are the Biggest Regulatory Violators and Lawbreakers Throughout the United States
Violation Tracker is the first national search engine on corporate misconduct. It covers banking, consumer protection, false claims, environmental, wage & hour, unfair labor practice, health, safety, employment discrimination, price-fixing, bribery and other cases initiated by more than 40 federal regulatory agencies and all divisions of the Justice Department since 2000; in all, 327,000 civil and criminal cases with total penalties of more than $440 billion. Other types of violations will be added later. Violation Tracker is produced by the Corporate Research Project of Good Jobs First. read more »
Tim Cook says tech's dark side is real
Today's tech industry is hurting people and strong regulations are needed to protect user privacy, Apple CEO Tim Cook said in a speech in Brussels on Wednesday.
"We see vividly — painfully — how technology can harm rather than help. Platforms and algorithms that promised to improve our lives can actually magnify our worst human tendencies." — Tim Cook read more »
Apple and Samsung fined for deliberately slowing down phones
Italian investigation found software updates ‘significantly reduced performance’, hastening new purchases
Apple and Samsung are being fined €10m and €5m respectively in Italy for the “planned obsolescence” of their smartphones.
An investigation launched in January by the nation’s competition authority found that certain smartphone software updates had a negative effect on the performance of the devices. read more »
New York Sues Exxon Mobil, Saying It Deceived Shareholders on Climate Change
New York’s attorney general filed a lawsuit against Exxon Mobil on Wednesday that claims the company defrauded shareholders by downplaying the expected risk of climate change to its business.
The litigation, which follows more than three years of investigation, poses a financial risk to Exxon, as well as a potential reputational blow to a company that has worked to build an image of being concerned about climate change. It could also expose the company to other litigation. read more »
All three defendants found guilty of wire fraud in college basketball corruption trial
Two Adidas officials and an aspiring NBA agent were found guilty of wire fraud and wire fraud conspiracy Wednesday in connection with schemes to secretly pay the families of top basketball recruits in order to secure their commitments to Adidas-sponsored college teams. read more »