Deutsche Bank AG. is among several investment banks included in a comprehensive industry-wide U.S. regulatory probe, Bloomberg reports. The investigation determines the degree of employee reliance on private communication channels like Meta Platforms Inc.’s WhatsApp to conduct business. Deutsche Bank tested new software to improve its ability to archive messages and has repeatedly warned staff not to…
Google, Meta Face EU, UK Probes Into Ad Bidding Agreement
March 12, 2022
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BRUSSELS—British and European regulators threatened to crack down on Google and Facebook parent Meta over an agreement for online display advertising services, saying Friday that the deal may breach rules on fair competition. The fresh scrutiny in Europe, which has pioneering efforts to rein in big technology companies, strikes at the heart of Google’s business—the…
US Transport Safety Regulator Probes 1.7 Million Honda Vehicles Over Unexpected Braking Complaints
February 24, 2022
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San Francisco—The U.S. transport safety regulator said on Thursday that it has launched an investigation into 1,732,000 Honda Motor vehicles over unexpected braking activation. The National Highway Traffic Safety Administration said it has received a total of 278 complaints that allege braking incidents “occurring with nothing obstructing the vehicle’s path of travel.” The 2018–2019 model…
US Seeks More Information From Tesla on Distracted Drive Game Probe
WASHINGTON—U.S auto safety regulators on Tuesday said they have sought additional information from Tesla Inc. in its probe into 580,000 vehicles over the automaker’s decision to allow games to be played by passengers on the front center touchscreen. In December, the National Highway Traffic Safety Administration (NHTSA) opened a preliminary evaluation into 2017–2022 Tesla Model…
Canada Opens Probe Into Tesla’s Heating System Following Consumer Complaints
San Francisco—Canada’s auto safety regulator said on Thursday it has opened an investigation into the heating system of Tesla Model 3 and Model Y vehicles following 16 consumer complaints about its performance during cold weather. Transport Canada said it is concerned that a malfunctioning heating and air-conditioning system “may affect windshield defogging/defrosting and therefore driver…
Public Group Wants Role in Talks Over Probe Into Alleged ATCO Illegalities
EDMONTON—A group representing residential power consumers wants a seat at any discussions involving alleged illegal behaviour by one of Alberta’s main power providers and is asking the regulator to release all information involving ATCO’s actions. Jim Wachowich, lawyer for the Consumers’ Coalition of Alberta, said ATCO is trying to “deflect attention” by keeping the matter…
US Steps up Probe Into Hyundai-Kia Engine Failures and Fires
DETROIT—U.S. auto safety regulators have stepped up a series of investigations into engine fires that have plagued Hyundai and Kia vehicles for more than six years. The National Highway Traffic Safety Administration says a new engineering analysis investigation covers more than 3 million vehicles from the 2011 through 2016 model years. The agency has received…
Yellen Tells IMF’s Georgieva Data-Rigging Probe Raised ‘Legitimate’ Concerns: Treasury
October 12, 2021
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WASHINGTON—U.S. Treasury Secretary Janet Yellen told International Monetary Fund Managing Director Kristalina Georgieva on Monday that a law firm’s report into World Bank data-rigging allegations against the IMF chief “raised legitimate issues and concerns” but a lack of direct evidence meant a leadership change was unwarranted. Yellen said in the statement that “proactive steps must…
Google, India Antitrust Watchdog Tussle in Court Over Probe Leak
September 25, 2021
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NEW DELHI—Google accused India’s antitrust regulator in court on Friday of being a “habitual offender” by leaking confidential information of cases it was examining, an accusation the watchdog rejected. The Times of India and Reuters reported on Saturday that an investigation by the Competition Commission of India (CCI) had found that Alphabet Inc.’s Google abused…
US Asks 12 Automakers for Assistance in Tesla Probe
WASHINGTON—The U.S. auto safety regulator said Tuesday it has asked 12 major automakers for assistance as part of its probe into crashes involving Tesla vehicles striking emergency vehicles while using advanced driver assistance systems like Autopilot. The National Highway Traffic Safety Administration (NHTSA) sent letters to General Motors Co., Toyota Motor Corp., Ford Motor Co.,…
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