By Adrianne Appel2025-07-31T16:44:00
Kentucky took aim at Chinese company Temu, alleging in a lawsuit that it counterfeited popular Kentucky-designed merchandise and violated customers’ privacy.
Temu, owned by multibillion-dollar Chinese company PDD Holdings, is an online clothes and shopping app that, despite high-profile warnings about its poor privacy controls and links to the Chinese communist government, has quickly become one of the top downloaded apps in the United States.
In Kentucky, Temu has stolen intellectual property, according to a lawsuit filed by the office of the attorney general.
2025-07-29T18:30:00Z By Ian Sherr
Chip design software and hardware maker Cadence Design Systems agreed to plead guilty to unlawfully exporting semiconductor design tools to a restricted Chinese military university, the Department of Justice said in a statement. The California firm will pay over $140 million in criminal and civil pines and forfeitures, marking the ...
2025-06-03T14:35:00Z By Adrianne Appel
An increasing number of regulations worldwide regarding human rights due diligence, especially concerning forced labor and child labor, are relevant for any company that is serious about running an ethical business supply chain, experts say.
2024-04-17T16:32:00Z By Jeff Dale
Sen. Tom Cotton (R-Ark.) is calling on the Biden administration to investigate and ban Chinese e-commerce company Temu over forced labor and data privacy violation concerns.
2025-10-23T18:57:00Z By Adrianne Appel
A former Wells Fargo risk officer previously ordered to pay $10 million by the Department of the Treasury’s Office of the Comptroller of the Currency (OCC) for her alleged role in the bank’s “fake accounts” scandal is completely off the hook, according to an OCC consent order issued Tuesday.
2025-10-21T18:11:00Z By Adrianne Appel
Eight auto insurers failed to meet the requirements of New York’s cybersecurity regulations during widespread online attacks in 2021 and will pay $19 million under consent orders with the New York State Department of Financial Services (NYDFS).
2025-10-21T17:13:00Z By Oscar Gonzalez
Canada is creating a new federal office to lead efforts against financial crime. The initiative marks the government’s most significant move yet to modernize its approach to fraud and money laundering.
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