The US government is suing TikTok and its Chinese parent company ByteDance over “widespread” privacy violations that it illegally collects data on kids 13 and under.
CrowdStrike (CRWD.O), opens new tab has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19 global outage that crashed more than 8 million computers.
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, hospitals and emergency lines around the world.
Millions of articles from The New York Times were used to train chatbots that now compete with it, the lawsuit said.