Former Ubiquiti Employee Charged With Hacking, Extorting Company

A former employee of New Yorkbased Ubiquiti Inc was arrested Wednesday on charges of stealing confidential data from the wireless technology company and using it to demand nearly $2 million in ransom, federal prosecutors said.

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San Francisco Agency Opposes Cruise Robotaxi Application, Citing Safety

San Francisco's public transit operator has challenged an application by Cruise to charge for robotaxi rides, saying on Wednesday promotional videos from the General Motors Co unit show Cruise passengers illegally hopping in and out of vehicles in the middle of the street instead of at the curb.

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Facebook Asks Court To Dismiss U.S. FTC Antitrust Lawsuit For Good

Meta Platforms Inc's Facebook asked a U.S. court on Wednesday to dismiss and not allow the refiling of an antitrust lawsuit by the U.S. Federal Trade Commission which urges a court to demand that the company sell two big subsidiaries.

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Facebook Asks Court To Dismiss U.S. FTC Antitrust Lawsuit With Prejudice

Meta Platforms Inc's Facebook asked a U.S. court on Wednesday to dismiss with prejudice an antitrust lawsuit filed by the U.S. Federal Trade Commission.

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EV Industry Must Work Closer With Lithium Suppliers, Executives Say

Automakers must work closer with lithium producers to guarantee supply of specialized types of the white metal that boost an electric vehicle's range and performance, Albemarle Corp and Livent Corp executives told the Reuters Next conference on Wednesday.

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Facebook Says It Removes Accounts Which Targeted Vietnamese Activists

Facebook has removed a network of accounts from its platform which it said targeted Vietnamese activists who were critical of the country's government, an official at Facebook's parent company Meta said on Wednesday.

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Crypto Firm CEOs To Testify Before U.S. House Banking Panel On Dec. 8

The top executives of eight major cryptocurrency firms, including Coinbase Global Inc, will testify before the U.S. House Financial Services Committee on Dec. 8, the panel announced on Wednesday.

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