Business

Volkswagen is in talks with consumer organizations to settle a class action lawsuit involving 446,000 German diesel car owners. The "dieselgate" scandal, which emerged in 2015, revealed emissions cheating devices in vehicles from Volkswagen, Audi, Seat, and Skoda.

Microsoft has successfully taken control of 50 websites operated by the North Korean hacking group Thallium after winning a lawsuit. The group used sophisticated phishing techniques to gather personal information and create deceptive websites designed to steal sensitive data from unsuspecting users.

Smart home tech company Wyze Labs admits significant data leak affecting 2.4 million customers. Cybersecurity firm Twelve Security reported that production databases were left exposed online, potentially revealing user names, email addresses, and camera feed access tokens.

Tesla has secured a 9 billion yuan ($1.29 billion) loan from Chinese lenders to support its Shanghai Gigafactory operations. The electric car manufacturer also agreed to an additional 2.25 billion yuan unsecured revolving loan facility, demonstrating continued investment in its first international manufacturing site.

CNN investigation reveals potentially hazardous knock-off baby products sold on Amazon at significantly lower prices, including a car seat that fails safety standards and breaks during crash tests, using stolen brand images to deceive consumers.

Uber co-founder Travis Kalanick announced his resignation from the company's board by December 31, citing a desire to pursue new business and philanthropic endeavors. After selling most of his shares in November, Kalanick reflects on his 10-year journey with the ride-hailing giant and looks forward to future opportunities.

Major global stock markets showed subdued performance on Christmas Eve, with Japan's Nikkei slipping 0.2%, U.S. markets closing mixed, and European indices like FTSE 100 and CAC showing minimal movement amid light holiday trading volumes.

Zhejiang Yunguang Printing refutes accusations of prison labor after Tesco halts Christmas card production. General Manager Lu Yunbiao claims allegations are fabricated, asserting all workers follow labor laws and no connection exists with Qingpu prison.

UK-based Tesco stops production of Christmas cards at a Chinese factory following claims of prisoners being compelled to work against their will, after a young girl discovered a hidden message in a card.

The Securities and Exchange Commission revoked Robocash Finance Corporation's license for operating branches without legal certifications. A Russian financing company operating in Southeast Asia since 2017, Robocash admitted to running unauthorized branches despite knowing regulatory requirements.