Data Centers’ Energy Footprint Emerges as New Frontier in Antitrust Enforcement
The Growing Energy Conundrum in Big Tech As artificial intelligence and cloud computing transform global industries, the massive energy consumption…
Tag: United States Department of Justice
Jefferies CEO Alleges Fraud in Auto Parts Maker Collapse, Credit Markets Rattle
Jefferies Financial Group CEO Rich Handler has publicly stated the investment bank was defrauded by bankrupt auto parts manufacturer First Brands Group. The allegations emerge amid a Justice Department probe and broader credit market concerns following several high-profile corporate collapses.
Wall Street Firm Alleges Deception in Auto Parts Bankruptcy
Jefferies Financial Group CEO Rich Handler has stated that his firm was defrauded by First Brands Group, according to reports from the bank’s investor day. The chief executive officer made the comments against the backdrop of a U.S. Department of Justice investigation into the auto parts manufacturer, which filed for bankruptcy protection in late September.
Voting Tech Giant Faces Expanded Federal Charges in International Bribery Scandal
In a significant escalation of legal proceedings, global voting technology provider Smartmatic has been formally added to a federal indictment…