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Susan Macharia, a 39 year old administrative worker in Buena Park, California, received a nasty shock when she was targeted by a credit card collection service. They told her she had to pay off a $10,000 credit card debt allegedly run up in 2003, and that her wages would be garnished if she did not. While it would normally be ridiculously beyond the statute of limitations for an agency to be able to collect a debt 13 years old, also against the law, the company had apparently hunted down a copy of a 2006 default judgment that was entered into the record against her when she failed to respond to a lawsuit for the collection.
The unfortunate punchline to all this? Ms. Macharia did not have a credit card in 2003. She only opened her first
The United States can join a landmark case on the legality of cross-border data transfers, an Irish court ruled on Tuesday in a move that gives U.S. authorities a platform to defend their surveillance laws before the European Union's top court.
The U.S. authorities had asked the Irish High Court to be a party to the case taken by Austrian privacy activist Max Schrems against Facebook, which has its European headquarters in Dublin, over data transfers from the EU to the United States.
Ironsource, Kaiima, Curalife, Intuition Robotics, Emefcy, Audiopixles, HeraMed, Bioview, Gal Medics and Pentalum to present at Shanghai event.
Some 1,000 investors and entrepreneurs are expected to take part in the 16th GoforIsrael annual conference, being held for the first time outside of Israel in Shanghai. The September 20 gathering will address Israel-China M&A; market strategies for Israeli companies in China; Chinese investments in Israeli MedTech and BioTech companies; and an
Seems like Yahoo’s Marissa Mayer may be out of a job after a four-year run as CEO.
Telecommunications giant Verizon Communications has agreed to buy the internet trailblazer for nearly $5 billion.
Reports have emerged that Mayer’s erstwhile Google compatriot Tim Armstrong of AOL will be gobbling up the search engine giant that she works for. Mayer is set to receive a severance package valued at $57 million, according to the executive compensation research company Equilar.
The deal that was
In order to settle criminal and civil investigations into JP Morgan Chase’s hiring practices in Asia, it is expected to pay around $200 million, according to the Wall Street Journal.
The federal investigation into whether JP Morgan violated foreign bribery regulations by attempting to win business by hiring the sons and daughters of powerful people in Asia has plagued the company for years.
People familiar with the matter told the WSJ that in the next few months a settlement is expected