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Nvidia says it has ‘not been subpoenaed’ by the DOJ in probe
In its response to the story, Nvidia said that its edge in the AI computing market stems from the superiority of its products.
September 05, 2024
Tech
DOJ's Google case adds to the mounting scrutiny of Big Tech
Lawmakers have accused these companies of acting as “gatekeepers” that use their structural advantages to disadvantage competitors
January 25, 2023
Tech
US sues Google to break up ad unit in heated antitrust fight
New York, California and Virginia were among the states that signed on to the complaint.
January 25, 2023
Cryptocurrency
Binance faces probe by US Justice Department and IRS to root out illicit activity
Bitcoin losses accelerated Thursday after Bloomberg reported the investigation into Binance.
May 14, 2021
Company in the news
Keppel O&M yet to conclude penalty talks with Brazilian authorities on bribery scandal
Keppel O&M was compelled to pay a fine of US$52.8 million ($70.5 million) to CPIB less any penalties to Brazilian authorities.
December 23, 2020
Tech
US DOJ escalates Big Tech scrutiny with new antitrust probe
SINGAPORE (July 29): The US Justice Department sent the strongest signal yet that it was prepared to take on technology giants such as Facebook and Alphabet’s Google, announcing a broad antitrust review into whether the companies are using their power t
July 26, 2019
1MDB Watch
Deutsche Bank faces US Justice Department probe over 1MDB
SINGAPORE (July 15): The US Department of Justice (DOJ) is investigating Deutsche Bank as part of a broadened probe of Malaysia’s scandal-plagued 1Malaysia Development Bhd (1MDB) investment fund, according to a person with knowledge of the matter.
July 12, 2019
1MDB Watch
Officials said to meet to coordinate Goldman approach over 1MDB
(May 7): Law enforcement officials from the US, Malaysia and Singapore are meeting near Kuala Lumpur this week to coordinate their legal approaches toward Goldman Sachs Group Inc over its work raising money for scandal-plagued state fund 1MDB, people with
May 07, 2019
1MDB Watch
US begins return of US$200 mil in 1MDB funds to Malaysia
KUALA LUMPUR (May 7): The US government has begun returning to Malaysia some US$200 million ($272.5 million) recovered from asset seizures linked to state fund 1MDB, with about a quarter of the amount already repatriated, the two countries said on Tuesday
May 07, 2019
1MDB Watch
Singapore said to expand 1MDB criminal probe to include Goldman
(Dec 21): Singapore has expanded a criminal probe into fund flows linked to scandal-plagued 1MDB to include Goldman Sachs Group, which helped raise money for the entity, people with knowledge of the matter said.
December 21, 2018