Nvidia Board Opens Probe Into CEO Over Reported Spy Plot
Nvidia's board has started an independent review of CEO Jensen Huang after reports that a Chinese spy operation targeted him. Huang has admitted an affair in a message to staff.
Corporate Scandals & Lawsuits
Three Men Charged Over AI Impersonation of CEOs and Lawyers
US prosecutors say three foreign nationals used AI voices and images of executives and attorneys to talk employees into wiring more than $129m.
Google, Meta and TikTok Sue California Over Teen Feed Law
Three platforms filed separate suits to block a California law that bars features it calls psychologically exploitative, such as autoplay and personal recommendations, for children under 16. It takes effect in January.
Senate Democrats Plan JPMorgan-Epstein Probe, Source Says
Democratic staff on the Senate Finance Committee are preparing to examine how JPMorgan executives handled Jeffrey Epstein once they take control in January.
Lockheed Martin to Pay $29.5M Over Pay-Raise Bias Claims
Lockheed Martin has agreed to a two-part settlement with federal agencies over claims that a pay program disadvantaged White employees. The company denies the allegations.
Strand Bookstore Settles Covid Loan Claim for $1.48 Million
New York's Strand bookstore will pay $1,482,560 to resolve a False Claims Act case over a second-round pandemic loan. The store says the error was unintentional.