Company

• A POLITICO investigation reveals a well‑connected pharmaceutical company and conservative commentator Laura Loomer have sought to undermine Dr. Vinay Prasad, an ally of Senator Robert F. Kennedy Jr., over his criticism of certain drug‑pricing and regulatory practices. • The report alleges coordinated social‑media campaigns and behind‑the‑scenes lobbying efforts meant to discredit Prasad’s research and public‑health commentary. • Pharmaceutical trade groups and some patient advocates have pushed back, saying that Big Pharma naturally tries to defend its business model, but critics warn of growing corporate‑backed attempts to silence dissenting medical voices.

Social media corporation terminated Sama contract after allegations its staff viewed private scenes filmed by Meta’s smartglassesMore than 1,000 low-paid workers in Kenya have been abruptly sacked by an outsourcing company for the US social media corporation Meta, in what activists said was a “shocking” move exposing the precariousness of global south tech workers.Sama, a company based in Nairobi to which Meta outsourced content moderation and AI training work, announced on Thursday that the workers were being laid off after Meta terminated a contract. That came in the after reports some of the Kenyan workers involved in data annotation were asked to view content filmed by the company’s AI smart glasses showing wearers using the toilet or having sex. Continue reading...

Boy, 16, among those charged in connection with attempted firebombing at Volant Media offices in WembleyThree people, including a 16-year-old boy, have appeared in court charged in connection with the attempted firebombing of a Persian media company in north-west London.Oisin McGuinness, 21, Nathan Dunn, 19, and a 16-year-old boy appeared together in the dock at Westminster magistrates court on Friday charged with arson with intent to endanger life. Continue reading...

Resignation announced of Jai Patel, whose liquidated crypto firm was relaunched as Stack BTC this yearThe chief executive of a bitcoin company promoted by Nigel Farage has left his role as the venture attempts to convince investors that it is going to deliver “long-term value” for shareholders.Stack BTC was launched to much fanfare in March this year, with Farage and former chancellor Kwasi Kwarteng becoming some of its first shareholders. The company says its founder is Paul Withers, a friend of the Reform UK leader who owns a gold bullion company that Farage has also promoted, Direct Bullion. Continue reading...

Justin Sun said World Liberty Financial built a ‘backdoor blacklisting function’ that froze his account. ‘We have the truth. See you in court,’ the company respondedSign up for the Breaking News US email to get newsletter alerts in your inboxThe largest investor in Donald Trump’s crypto venture has claimed that the firm “secretly” implemented a tool to unilaterally freeze his holdings of its cryptocurrency. He claimed the company could do the same to any other user.In posts on social media platform X on Sunday, crypto entrepreneur Justin Sun said, without offering evidence, that World Liberty Financial had embedded what he described as a “backdoor blacklisting function” in the blockchain-based contracts used for the WLFI tokens. Continue reading...

TMTG drops defamation claim over report that prosecutors were investigating payments received as possible money launderingDonald Trump’s media corporation has dropped a defamation claim against the Guardian and two other defendants over a report that federal prosecutors were investigating $8m in payments the company received from entities with ties to Vladimir Putin as possible money laundering.A filing in the 12th judicial circuit in Sarasota county, Florida, on Friday confirms that Trump Media and Technology Group (TMTG), the parent company of the president’s Truth Social platform, was withdrawing its claims without prejudice, meaning it could refile the lawsuit at a later date. Continue reading...

Exclusive: Documents viewed by Guardian Australia reveal private prison contractor told staff ‘restraints must be used’ for all risk levelsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe American private prison company running Australia’s onshore immigration detention system has ordered that all detainees be handcuffed while travelling – regardless of whether they pose a risk – after a string of security lapses.More than a dozen escapes or attempted escapes have taken place since the Management and Training Corporation (MTC) began operating the immigration detention centres last March, having won a $2.3bn contract with the Department of Home Affairs. Continue reading...