department of justice

Ericsson will pay over $1 billion to settle US corruption charges

Sponsored Links HECTOR RETAMAL/AFP via Getty Images Tech companies have been caught in corruption scandals before, but seldom on this scale. Telecom giant Ericsson has settled with the US Justice Department and SEC for just under $1.1 billion over charges of extensive corruption in several countries, including China, Saudi Arabia and Vietnam. The company had …

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US investigates escort and massage sites over human trafficking

Sponsored Links dragana991 via Getty Images Backpage is no more, but US authorities are still determined to crack down on sites that enable human trafficking and other crimes. Wall Street Journal sources say Homeland Security, the Justice Department and others are reportedly investigating escort and massage sites Eros.com, EroticMonkey.ch and Rubmaps.ch to see if they’ve …

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DOJ launches probe of automakers that agreed to California emissions rules

Sponsored Links Marcos Assis via Getty Images The US Department of Justice (DOJ) has launched an antitrust investigation into BMW, Ford, Honda and Volkswagen, the four automakers that came to a voluntary agreement with California to follow stricter fuel efficiency standards. After The Wall Street Journal broke the news, Ford and Honda confirmed they plan …

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Justice Department launches antitrust probe into big tech

Enlarge / Top officials have decided monopolies aren’t fun and games. Getty Images | Alex Wong The Department of Justice is launching an antitrust probe into some of the world’s biggest and most influential tech companies, the agency announced Tuesday. The department’s Antitrust Division, which is responsible for reviewing and enforcing issues relating to mergers, …

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Bloomberg: Dish is close to a $6 billion deal with Sprint and T-Mobile

Sponsored Links ASSOCIATED PRESS Over the last couple of weeks, we’ve heard that getting DoJ approval for T-Mobile’s proposed $26 billion purchase of Sprint will require making moves to create a new national wireless carrier as a competitor. That could be achieved by selling off Boost Mobile and enough spectrum to make a service viable, …

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After Fleeing From the US Government John McAfee Warns His Enemies

<header class=”article__header”> </header> <strong>For a few weeks now, the former antivirus software tycoon John McAfee has said he is fleeing from the U.S. government for not paying his taxes. More recently McAfee’s been on a tweet tirade, speaking directly to his “pursuers” and telling them to leave him alone.</strong> Also Read: CME’s Bitcoin Futures Hit …

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WSJ: Justice Department ‘preparing’ Google antitrust investigation

Sponsored Links Smith Collection/Gado via Getty Images Late Friday, the Wall Street Journal and Washington Post reported, based on it anonymous sources, that the Department of Justice is preparing an antitrust probe of Google. The company has faced several similar inquiries from EU officials with billions in fines as a result, and in one case …

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T-Mobile and Sprint push merger deadline to July 29th

Sponsored Links ASSOCIATED PRESS T-Mobile and Sprint have pushed back the deadline to complete their $26 billion merger, reports Reuters. The companies will now have until July 29th to earn the approval of the US Justice Department and the Federal Communications Commission. The delay reportedly comes after the US Justice Department’s Antitrust Division chief said …

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Ford under criminal investigation for miscalculating vehicle emissions

Sponsored Links ASSOCIATED PRESS Ford disclosed in a financial filing made with the United States Securities and Exchange Commission that it is currently under investigation by the Department of Justice over its internal testing practices. Ford says the probe is still in its preliminary stages but insists that this won’t be another Volkswagen style “Dieselgate” …

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