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Citigroup Pays $158M in Mortgage Fraud Pact

Citigroup Inc has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government into insuring thousands of risky home loans made by its CitiMortgage unit.

Associated Press Sues News Aggregation Service for 'Parasitic Business Model'

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The Associated Press, the world's oldest and largest news-gathering organization, is making good on its threat to sue content aggregation news services, alleging Tuesday that a paid-subscription company's repackaged content works on a parasitic business model. The 135-page suit against San Francisco-based company Meltwater News begins with a thudding blow: Meltwater has built its business on the willful exploitation and copying of AP's and other publishers' news articles ...
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A woman takes a photo of ultrabooks at the Intel booth during the 2012 International Consumer Electronics Show in Las Vegas

Intel Settles N.Y. Antitrust Case for Just $6.5M

Intel Corp agreed to pay just $6.5 million to resolve an antitrust lawsuit by New York's attorney general that accused the world's largest chipmaker of threatening computer makers and paying billions of dollars of kickbacks to maintain its market dominance.
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Watchdog Fines Ernst & Young $2M over Audits

The watchdog board for corporate auditors on Wednesday said it has imposed a $2 million penalty, its largest fine ever, on accounting and consulting firm Ernst & Young LLP in a settlement involving past audits of Medicis Pharmaceutical Corp.
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Who is Fausat Ogunbayo? The Woman Who Filed a $900 Trillion Suit

The name Fausat Ogunbayo will probably be remembered for some time. The Staten Island mom has filed a $900 trillion federal lawsuit against the City of New York because it placed her two children in a foster home more than three years ago. Learn more about the 46-year-old West Brighton woman.
Dozens of Muslims protested against Google's Orkut site over some insulting words and cartoons of Prophet Mohammad and demanded the immediate banning of the site.

Google Kneels Before Indian Internet Censorship God, Removes Objectionable Contents

Google may be an Internet search engine giant but even the giant was forced to kneel before the powerful Indian 'Internet censorship god' Monday. The world's No.1 search engine told a New Delhi district court that it has removed some objectionable contents, which is religiously sensitive, published in some Web sites, after the court warned of a China-like crackdown unless they protect religious sentiments of the local people.
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IMDB Jane Doe case gets a court date

Junie Hoang, the actress suing the Internet Movie Database (IMDB) for revealing her age, will see her day -- and perhaps two days -- in court next year.
Occupy Pittsburg Faces Eviction

Occupy Wall Street Evictions: Pittsburgh Movement Faces Eviction at Noon [LIVE STREAM]

Spirits are still high among the members of Occupy Pittsburgh, one of the few remaining factions of the Occupy Wall Street movement with a functioning campsite, despite, or perhaps because of the fact that they are facing a court ordered eviction at 12 p.m. Tuesday Feb. 7. Occupy Pittsburgh is currently live-streaming from their campsite and have planned a press conference for noon, the same time as their ordered eviction.

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