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UK Retailers Band Together to Sue Amazon for Alleged Data Misuse, Demanding £1.1B in Damages

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BIRA also takes aim at Amazon’s “Buy Box,” claiming that Amazon manipulated which retailers were selected for the coveted placement. BIRA and its legal team say that the claim is the biggest ever collective action to be launched by retailers in the country. Making itself a must use for retailers, Amazon has then proceeded to cause damage and financial loss to retailers by misusing their confidential data that Amazon was entrusted to keep safe and by preferencing its own retail operations. Retailers in the U.K. were entitled to be treated better and fairly by Amazon. The U.K. is its largest international market, where it made $33.6 billion in revenues in 2023 (out of $575 billion in global revenues).

Suspected False Sales by Faraday Future Prompts Legal Action

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Two internal whistleblowers at Faraday Future claim the troubled EV company has been lying about some of the few sales it has announced to date. What’s more, they claim Faraday Future has been performing repairs on these early customer vehicles without proper documentation or work authorization, which he says could put the company’s license with the California Bureau of Automotive Repair at risk. Faraday Future allegedly fired Guerrero on January 18 in retaliation for speaking up, according to his complaint. Jia’s control over Faraday Future has always been a thorny issue. Jia is still not CEO, but Guerrero and Xie claim in their lawsuits that he “heads a shadow organization” that controls the company’s destiny.

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US and UK Officials Report Capture of Dark Web Leak Site Linked to LockBit Ransomware Group

Lockbit Takedown
A coalition of international law enforcement agencies, including the FBI and the U.K.’s National Crime Agency, have disrupted the operations of the prolific LockBit ransomware gang. LockBit’s dark-web leak site — where the group publicly lists its victims and threatens to leak their stolen data unless a ransom demand is paid — was replaced with a law enforcement notice on Monday. “This site is now under the control of the National Crime Agency of the UK, working in close cooperation with the FBI and the international law enforcement task force, ‘Operation Cronos,’ the message reads. The group last year claimed responsibility for attacks against aerospace giant Boeing, chipmaker TSMC, and U.K. postal giant Royal Mail. Monday’s takedown is the latest in a series of law enforcement actions targeting ransomware gangs.

“Revolutionizing Social Networking: Claim Secures $4M to Empower Users with Rewards and Trading Opportunities”

Claim Ui
Claim, a platform that is both a rewards app and a social network, has raised $4 million in a seed funding round led by Sequoia Capital. With Claim, users and their friends can earn cash back, exchange rewards and even redeem them together. The platform is a social network that aims to focus on real-world value and communal experiences rather than manufactured content and reposts. “We started Claim because we were really interested in what it meant to own something online,” Stephenson told TechCrunch in an interview. They then decided that users should be able to use the rewards with their friends or exchange them.

“Dark Web Leak Site of Notorious ALPHV Ransomware Gang Seized by Authorities”

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An international group of law enforcement agencies have seized the dark web leak site of the notorious ransomware gang known as ALPHV, or BlackCat. “The Federal Bureau of Investigation seized this site as part of a coordinated law enforcement action taken against ALPHV Blackcat Ransomware,” a message on the gang’s dark web leak site now reads, seen by TechCrunch. According to the splash, the takedown operation also involved law enforcement agencies from the United Kingdom, Germany and Australia. Spokespeople for the FBI and the U.K.’s National Crime Agency did not immediately respond to TechCrunch’s requests for comment. The ALPHV/BlackCat ransomware gang has been one of the most active and destructive in recent years.