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Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover

Musk found liable to Twitter shareholders in fraud lawsuit over $44 billion takeover

by AIP Online Bureau | Mar 22, 2026 | Eco/Invest/Demography, International News, Technology

The verdict from a jury in San Francisco federal court came in a closely watched civil trial where Musk, the world’s richest person, was accused of falsely claiming on ​social media that Twitter underreported how many fake and spam accounts, known as bots, were...
CrowdStrike sued by shareholders over global outage

CrowdStrike sued by shareholders over global outage

by AIP Online Bureau | Aug 1, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology, Workplace/Employee Benefits

In a proposed class action filed on Tuesday night in the Austin, Texas federal court, shareholders said they learned that CrowdStrike’s assurances about its technology were materially false and misleading when a flawed software update disrupted airlines, banks,...
LIC amends norms for inclusion of shareholders’ directors on its board

LIC amends norms for inclusion of shareholders’ directors on its board

by AIP Online Bureau | Dec 2, 2023 | Indian News, Life, Policy

The person elected as a shareholders’ director would be appointed by the board for a term of 4 years and eligible for re-election and re-appointment for another term of 4 years, it added New Delhi: State-owned insurer LIC on Saturday said it has amended a...

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