According to foreign media reports, if the judge agrees to the Department of Justice's proposal to force Alphabet Inc. to sell its Chrome browser business, the business could sell for as much as $20 billion, which would also be a historic blow to the global tech giant. According to people familiar with the matter, the Justice Department will ask the judge who ruled in August that Google illegally monopolized the search market to ask Google to take measures related to its artificial intelligence ...
Banq, which filed for bankruptcy last year, was dismissed by a US judge who said the filing was to protect the company and its executives from ongoing litigation by creditors. Banq and its chairperson, Jon Jiles, were sued by creditor N9, accusing Jiles of failing to meet his fiduciary duties. Judge Natalie M. Cox, who heard the case, called the bank's filing a "malicious" strategy to "gain an advantage in pending litigation" rather than restructure. In his ruling, Judge Cox wrote that the bankr...