Twitter and Facebook dismantle global disinformation networks spreading misleading, false information

In a statement, Twitter Inc and Facebook Inc said, they had taken down more than dozen disinformation networks used by state-backed groups and political entities in multiple countries to deceive users on their platforms. As part of that effort, they had identified and suspended more than 3,500 accounts between them, which used fake identities and…

Australian Securities & Investments Commission cracks down on ICOs

While startups, across the globe, have raised millions of dollars online through ICOs, often with little more than a handful of employees, given the high risks faced by investors from such ventures, regulators are increasingly putting ICOs under the scanner. On Thursday, the Australian Securities & Investments Commission (ASIC), Australia’s corporate watchdog, stated it was…

BlackBerry Ltd to face classaction suit in the U.S. on account of making misleading statements surrounding its Blackberry 10 device

Although a similar suit was dismissed earlier in March 2015, Chief Judge Colleen McMahon of the U.S. District Court in Manhattan has allowed the proposed class action lawsuit on the grounds of new evidence coming to light. Chief Judge Colleen McMahon of the U.S. District Court in Manhattan has rejected BlackBerry Ltd’s plea to dismiss…