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Elon Musk’s Tesla Under Fresh Scrutiny As Texas Crash Victim’s Family Files Wrongful-Death Lawsuit, NTSB Opens Probe
Benzinga91d agobearish
Elon Musk’s Tesla Under Fresh Scrutiny As Texas Crash Victim’s Family Files Wrongful-Death Lawsuit, NTSB Opens Probe

Tesla Inc. (NASDAQ:TSLA) is facing fresh legal and regulatory challenges following the National Transportation Safety Board (NTSB) announcement that it will examine the fatal Texas crash that took place last week involving a Model 3 sedan. NTSB Announces Probe According to a report by Reuters on Wednesday, the agency said it will investigate the incident, which is already under scrutiny of the National Highway Traffic Safety Administration (NHTSA). The collision occurred in Katy, Texas and resul

YouTube settles social media addiction lawsuit brought by teenager amid tidal wave of court cases
Sky News92d agobearish
YouTube settles social media addiction lawsuit brought by teenager amid tidal wave of court cases

YouTube's owner, Google, has settled a lawsuit brought by a teenager suing the world's biggest social media companies over their role in the youth mental health crisis. The 16-year-old's lawyers said the terms of the settlement were confidential, but that TikTok, Snapchat, and Instagram are still set to face trial in July. Google spokesperson Jose Castaneda said‌ the lawsuit had been amicably resolved.

Supreme Court Revives Exxon Mobil Lawsuit Against Cuba
The Wall Street Journal93d agobearish
Supreme Court Revives Exxon Mobil Lawsuit Against Cuba

The Supreme Court revived a lawsuit Exxon Mobil Corp. brought against oil companies owned by the Cuban government that seeks $1 billion in damages for the oil refinery and service stations Cuba took from the U.

Roblox (RBLX) Faces Class Action Lawsuit Over Organic Growth Claims
Simply Wall St.93d agobearish
Roblox (RBLX) Faces Class Action Lawsuit Over Organic Growth Claims

A securities class action lawsuit has been filed against Roblox (NYSE:RBLX), alleging false and misleading statements about organic user growth. The complaint focuses on the claimed impact of Roblox’s age verification rollout on its organic growth trends. The case raises questions around disclosure practices, user growth metrics, and potential risks for shareholders. Roblox enters this legal chapter with its shares at $47.27 and a mixed recent track record for investors. The stock is up...

Netflix faces fresh trouble from new lawsuit
TheStreet96d agobearish
Netflix faces fresh trouble from new lawsuit

Netflix has built some of its biggest streaming conversations around stories audiences thought they already knew. That has made documentaries and docuseries especially valuable for the company. They can turn old scandals, celebrity careers, and pop-culture moments into new viewing events years ...

Waymo Has a Tesla-Like Recall. What It Means for Alphabet Stock.
Barrons.com98d agobearish
Waymo Has a Tesla-Like Recall. What It Means for Alphabet Stock.

Waymo is recalling 3,871 robo-taxis to correct software that might allow a vehicle to enter a freeway construction zone, according to a National Highway Traffic Safety Administration notice. For starters, it illustrates the size of the Waymo robo-taxi fleet. The Alphabet -owned ride-hailing network operator is expanding across the country, along with other companies, including Tesla Amazon.com -backed Zoox, and others.

Italy's antitrust regulator probes Apple over cloud services under Digital Market rules
Reuters101d agobearish
Italy's antitrust regulator probes Apple over cloud services under Digital Market rules

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.

Costco Recall And Lawsuit Test Food Safety Controls And Investor Confidence
Simply Wall St.104d agobearish
Costco Recall And Lawsuit Test Food Safety Controls And Investor Confidence

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...