US Department of Justice (DoJ)

US stocks

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.
DOJ's Google case adds to the mounting scrutiny of Big Tech - THE EDGE SINGAPORE

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
US sues Google to break up ad unit in heated antitrust fight - THE EDGE SINGAPORE

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.

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.
Keppel O&M yet to conclude penalty from Brazilian authorities on bribery scandal - THE EDGE SINGAPORE

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.

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

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.

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

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

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.
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