Lawsuit articles

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Intel faces shareholder class-action lawsuit for allegedly concealing foundry business problems

Intel execs are accused of making "materially false and misleading" statements
What just happened? Things are going from bad to worse for Intel. In addition to the nightmare that is the Raptor Lake CPU crisis and the backlash over eliminating 15,000 jobs, the company is now being sued by shareholders over accusations it fraudulently concealed problems in its foundry business.
clearview americans lawsuit legal privacy facial recognition biometrics data collection clearview ai

Clearview AI wants to pay Americans pennies in company equity for violating their privacy

WTF?! The endlessly beleaguered facial recognition company Clearview AI is making news again. However, it's not over the startup's image scraping practices, which are questionable at best. This time, the company is attempting to keep itself out of bankruptcy by offering millions of plaintiffs in a privacy class action a stake in the company worth about 30 cents per claimant after lawyer fees.