Wal-Mart, the biggest corporate entity in the US in consumer business, is about to come under tight scrutiny of the US Department of Justice. The company has been accused of alleged bribery in the Mexican division, in a US-based newspaper article. The DOJ has been urged to take a notice of the situation under Foreign […]
Apr 23 2012 | Posted in
Business |
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There have been 150 cases handled by the Federal Bureau of Investigation, FBI, in the recent years. Many companies have taken the plea bargains and deferment of cases after agreements with the prosecutors. In the recent example, Siemens had to pay in the tune of $3 Billion of violation of FCPA. In addition, DOJ promotes […]
Apr 23 2012 | Posted in
Business |
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Apple is now facing a lawsuit in Canada on accusation of lobbying and monopolising the e-book prices at its online book shop, iBookStore. A local lawyer in Canada has filed the suit against the technology company on behalf of any Canadian citizen who has purchased an e-book over the last two years, backing the case […]
Apr 21 2012 | Posted in
Sci-Tech |
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There are currently three similar suits in Canada, all seeking damages for any Canadians who have purchased an e-book. Painchaud, has maintained the stance against Apple, that if customers have purchased books on higher prices, they should get paid in return if Apple is proven guilty in this case. Apple, on the other hand still […]
Apr 21 2012 | Posted in
Sci-Tech |
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‘Anonymous’ hackers have replied to closure of websites by the US government by claiming to take down Justice Department’s website. The statement "Megaupload was taken down w/out SOPA being law. Now imagine what will happen if it passes. The Internet as we know it will end. FIGHT BACK" ran on the Justice Department’s website in […]
Jan 20 2012 | Posted in
Sci-Tech |
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