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Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit

Meta to pay $1.4 billion to settle Texas facial recognition data lawsuit

by AIP Online Bureau | Jul 31, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

The lawsuit, filed in 2022, was the first major case to be brought under Texas’ 2009 biometric privacy law, according to law firms tracking the litigation. A provision of the law provides damages of up to $25,000 per violation. Texas accused Facebook of capturing...
Tesla settles case over fatal Autopilot crash of Apple engineer

Tesla settles case over fatal Autopilot crash of Apple engineer

by AIP Online Bureau | Apr 9, 2024 | International News, Risk Management, Technology

The settlement was made on the eve of the trial over the high-profile accident involving Tesla’s driver-assistant technology. Tesla faces a series of lawsuits over crashes related to the alleged use of Autopilot, putting the automaker at risk of large monetary...

Canadian school boards sue social media giants for over C$4 bln in damages

by AIP Online Bureau | Apr 1, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

The products are “negligently designed for compulsive use, have rewired the way children think, behave and learn,” a joint statement by the boards said. That has caused learning and mental health crises in students, resulting in the schools having to invest more in...
Former Twitter execs sue Elon Musk for over $128 mln in severance

Former Twitter execs sue Elon Musk for over $128 mln in severance

by AIP Online Bureau | Mar 6, 2024 | International News, Risk Management, Technology

Elon Musk X is already facing a pair of proposed class actions claiming it owes rank-and-file workers who were laid off after Musk’s acquisition at least $500 million in severance, and a third lawsuit by six former senior managers making similar claims. X has denied...
Abbott Labs must face lawsuit over PediaSure height claims

Abbott Labs must face lawsuit over PediaSure height claims

by AIP Online Bureau | Feb 3, 2024 | Health, International News, Non-Life, Risk Management

The lawsuit seeks unspecified damages for New Yorkers who were deceived into buying or overpaying for PediaSure.Abbott has said PediaSure is intended for children, opens new tab ages 2 to 13, and helps them “grow out of at-risk weight-for-height percentiles...
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