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Europe is poised to hit Google with a massive multi-million euro fine under the Digital Markets Act. The EU's investigation probes allegations of Google unfairly favouring its own services and using publisher content for AI training. This significant penalty signals the EU's commitment to reining in tech giants, with a decision expected soon.

Elon Musk's X Corp faces increased penalties in Australia for breaching online safety laws. The company admitted failing to provide crucial information on child exploitation prevention measures. This ruling concludes a nearly three-year legal battle with Australia's eSafety regulator, highlighting ongoing global scrutiny of social media platforms' content moderation practices.

Under Indian legislation, a 15-day notice is essential before any power cut for non-payment, with exceptions for theft or urgent safety concerns. Consumers who believe their billing is incorrect can safely deposit the contested sum while retaining their power supply during the investigation process. Any lack of notice can lead to legal violations, compelling courts to reinstate services.

Elon Musk's close friend, Antonio Gracias, who once lent $1 million to a struggling Tesla, stands to gain billions from SpaceX's upcoming IPO. Gracias's firm, Valor Equity Partners, holds a significant stake, potentially worth over $90 billion. However, recent equipment lease deals between SpaceX and Valor, involving AI infrastructure, have raised corporate governance concerns and scrutiny over related-party transactions.

IBM is set to receive $1 billion from the US government as part of a $2 billion quantum computing funding package. This investment, aimed at bolstering domestic manufacturing and accelerating development in strategic technology sectors, includes minority equity stakes for the government.

India’s pharmaceutical & software entrepreneurs show how economic strength matters in disrupted geopolitics. We should build such partnerships across the economy to navigate global headwinds

Karnataka police have arrested two software engineers for operating a fake call center that defrauded US citizens of Rs 40 crore. The duo, posing as QuickBooks technical support, offered tax advice and services, tricking victims into transferring money. Investigations revealed the use of fake notices and shell companies to facilitate the fraud.

Tribunal Directs Firm To Ensure That Amount Is Distributed Among All Tea Station Shareholders Within 3 Months

Patagonia's founder, Yvon Chouinard, has revolutionized corporate integrity by legally embedding environmental goals into the company's structure. Instead of traditional sales, all voting stock now goes to a trust, ensuring profits fund biodiversity protection. This structural shift prioritizes long-term ethical operations over short-term profit pressures, safeguarding the brand's mission for future generations.

Nashik police filed a 1,500-page chargesheet against four accused in a TCS sexual harassment and religious sentiments case. Charges include rape, sexual harassment, conspiracy, and acts intended to outrage religious feelings under the Bharatiya Nyaya Sanhita. The investigation also invoked the SC/ST Act. Evidence includes witness statements, medical reports, and seized documents.

IT Rajasthan launches awareness campaign to enrich stakeholders on New Income tax Act

Amazon allegedly pocketed hundreds of millions by not refunding consumers for Trump-era tariffs, a class-action lawsuit claims. While other companies sought reimbursements after the Supreme Court ruling, Amazon reportedly held back, potentially to gain political favor. The suit alleges Amazon profited from unlawful government actions, leaving customers to bear the costs.

Indian consumers now have a streamlined path to justice for defective products and poor services. The Consumer Protection Act, 2019, empowers individuals to file complaints with consumer commissions, bypassing lengthy civil court procedures. Cases are categorized by value, with online filing available, offering a swift resolution for grievances.