News list for " refutation"

The Ministry of Defense refutes the US "National Defense Authorization Act": America's greatest enemy is himself

On December 26, the Ministry of National Defense held a regular press conference. Zhang Xiaogang, the spokesperson of the Ministry of National Defense, said that China has never intended to challenge anyone, and the biggest enemy of the United States is himself. The relevant US bill exaggerates the so-called "China's military threat", makes excuses for increasing military spending and maintaining hegemony, grossly interferes in China's internal affairs, and endangers world peace and stability. W...

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2024-12-26 15:22:23
The judge rejected the SEC's request for sanctions against Musk

A U.S. federal judge rejected the SEC's request for sanctions against Elon Musk for his absence from testifying in court orders related to his $44 billion acquisition of Twitter. Judge Jacqueline Scott Corley ruled that Musk did not need sanctions when he testified on October 3 and reimbursed the SEC $2,923 in travel expenses. The SEC argued that Musk violated the May 31 order and sought a stronger deterrent, but Corley argued that the issue was moot. Musk blamed his September 10 absence on...

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2024-11-25 13:25:25
Ripple CTO refutes Character.AI lawsuit, saying it lacks legal basis

Ripple's chief technology officer, David Schwartz, took to social media to dismiss the lawsuit against Character.AI, saying it lacks merit and emphasising that the company's actions are protected by the First Amendment. The lawsuit alleges that Character.AI chatbot platform is poorly designed and poses security risks, and calls its products "extremely dangerous". In response, Character.AI has taken steps to update security protocols, add age restrictions and user monitoring features. Schwartz be...

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2024-10-27 11:12:22
Cryptocurrency scam victims lose case, US appeals court upholds insurance company immunity ruling

The U.S. Court of Appeals for the Fourth Circuit on October 24 rejected a lawsuit brought by Ali Sedaghatpour against his insurance company, Lemonade Insurance. Sedaghatpour claimed to have lost $170,000 in a cryptocurrency scam and asked the insurance company to pay compensation under a home insurance policy. However, the court held that under Virginia law, the insurance policy covered only "direct physical losses," and Sedaghatpour's cryptocurrency losses did not meet that definition.

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2024-10-25 14:18:51