Corporate Transparency

A proposed class action filed in the U.S. District Court for the Northern District of California on June 14, 2026 by D.C. resident Karl Kahn alleged that Anthropic's $200/month Claude Max 20x plan delivers only 6-8x Pro tier usage rather than the advertised 20x, and that the $100/month Max 5x plan delivers only 3.5x. The suit also challenges Anthropic's claim that Max 20x offers '50% savings'. Two days after the complaint, on June 16, 2026, Anthropic implemented metered credit caps for agent SDK, headless CLI, GitHub Actions, and third-party app usage, separating them from interactive subscription limits.

Tata Consultancy Services confirmed plans to cut approximately 12,200 jobs (~2% of its global workforce) during 2026, with managers instructed to identify the bottom 5% of staff as 'Band-D' underperformers - a process Indian IT-services labor advocates describe as a 'PIP-as-layoff playbook' designed to engineer voluntary exits at scale. The cuts disproportionately affect mid-career engineers in India and have triggered organizing among Indian IT services workers about their rights, MSA contracts, and background verification practices.

Argentina's Buenos Aires provincial government opened a consumer-protection investigation in late May 2026 into MercadoLibre over allegedly abusive contract terms imposed on platform sellers and buyers, with regulators publicly indicating a fine of up to 1.8 billion pesos was under consideration. The probe followed earlier provincial enforcement against Rappi for undisclosed surcharges and is part of a broader Buenos Aires push to regulate platform contracts and undisclosed fees.

A securities class action against Globant alleged the company failed to disclose wage freezes imposed on engineering staff in Argentina and Mexico in late 2023, resulting in widespread employee dissatisfaction, service-quality decline, and client losses that were not communicated to investors. The complaint claims investors suffered damages when the underlying Latin American workforce conditions became public.

In May 2026, Byju's founder Byju Raveendran was sentenced to 6 months in jail by a Singapore court. Court filings revealed $533M (44% of a $1.2B loan) went missing from the company, with a judge ruling that Raveendran's brother transferred funds 'with fraudulent intent' to outside accounts. The Indian Supreme Court rejected Byju's attempts to bypass insolvency proceedings. The company's valuation collapsed from $22B to near zero.

On April 26, 2026, Elon Musk filed suit against OpenAI, Sam Altman, and Greg Brockman in U.S. District Court (Northern District of California, Judge Yvonne Gonzalez Rogers) alleging OpenAI betrayed its 2015 founding mission as a nonprofit. Musk claims the shift to a for-profit model in 2019 was unjustified and that Altman and Brockman 'looted' the nonprofit. Musk's original donation was approximately $44 million; he seeks $134-150 billion to be returned to OpenAI's nonprofit arm. The filing states the 'perfidy and deceit are of Shakespearean proportions.' Hearing scheduled for May 15, 2026.

On April 2, 2026, Italy's AGCM fined Revolut EUR 11.5M across three violations: EUR 5M for failing to disclose costs and limitations of 'commission-free' fractional share investments; EUR 5M for aggressive practices in suspending/blocking customer payment accounts; and EUR 1.5M for inadequate information during Lithuanian-to-Italian IBAN migration. Revolut stated it 'strongly disagrees' and plans to appeal.

In March 2026, Rakuten released 'Rakuten AI 3.0,' promoted as Japan's most powerful domestically developed AI model. Independent technical analysis (published on GitHub and picked up by multiple Asia-tech outlets) showed the model's architecture and weights were derived from Chinese lab DeepSeek's open-source DeepSeek-V3, and that Rakuten had removed DeepSeek's MIT license attribution file from its public repository, obscuring the model's true origin. The disclosure prompted backlash in Japan, particularly given Rakuten's positioning of the model as a domestic achievement while it may have been eligible for government AI development subsidies. After the removal was discovered and criticized publicly, Rakuten restored a NOTICE file containing DeepSeek-V3's original license statement, bringing the release back into technical compliance with the MIT license, but did not fully address criticism about the initial lack of transparency regarding the model's foundation.

Broadcom reported a 40% reduction in combined Scope 1 and Scope 2 greenhouse gas emissions for fiscal year 2025 versus its 2021 baseline (which was recalculated after the 2023 VMware acquisition to fully incorporate VMware's footprint), surpassing its original 38%-by-2030 reduction target roughly five years ahead of schedule. The FY2025 GHG figures (44,167 tCO2e Scope 1; 204,014 tCO2e Scope 2 location-based / 135,985 tCO2e market-based) received independent limited assurance from Apex Companies LLC under ISO 14064-3 in March 2026. The company maintains a 2050 net-zero commitment aligned with the Paris Agreement. Important caveat: both the target and this verification cover only Scope 1 and Scope 2 (operational) emissions. A 2024 shareholder resolution pressed Broadcom to adopt Scope 3 (supply-chain) targets and a full climate transition plan, as peers Qualcomm and Analog Devices have done with SBTi-approved Scope 1-3 targets; Broadcom has not yet done so.

In February 2026, Palo Alto Networks' Unit 42 identified hacking group TGR-STA-1030 as connected to Beijing in a draft report, but the final published version described them only as 'a state-aligned group that operates out of Asia.' Two sources told Reuters the company feared retaliation from Beijing after Chinese authorities banned ~15 US/Israeli cybersecurity firms in January 2026. The campaign had breached government and critical infrastructure in 37 countries. SentinelOne independently confirmed the China link. VP Nicole Hockin called suggestions 'speculative and false.' Palo Alto has 5 offices and 70+ employees in China.

The European Commission fined X (Twitter) EUR 120 million for violations of the Digital Services Act, with the decision published January 30, 2026. Violations included: deceptive blue checkmark design where verification review averaged only 53-79 seconds per account, deliberately obstructed ad transparency repository with artificial 3-minute delays (only 58% of French ads appeared), and blocked researcher data access (95.8% of applications rejected as of May 2024). The fine was levied against X Internet Unlimited Company, X Holdings Corp, X.AI Holdings Corp, and Elon Musk personally.

On January 23, 2026, ByteDance and a consortium including Oracle, Silver Lake, and the Abu Dhabi state-backed MGX finalized TikTok USDS Joint Venture LLC, reducing ByteDance's stake in TikTok's US operations to 19.9% while Oracle became the venture's security partner storing US user data on its cloud and auditing compliance. However, ByteDance retained a licensing agreement covering TikTok's recommendation algorithm -- the kind of ongoing 'operational relationship' the 2024 Protecting Americans from Foreign Adversary Controlled Applications Act explicitly required be eliminated. National security experts, including former State Department official Michael Sobolik, called the arrangement a 'unilateral surrender to Beijing' that 'allows Beijing to manipulate content and steal Americans' data, even after today's announcement.' Sen. Ed Markey stated the deal 'maintained an operational relationship between ByteDance and TikTok USDS, violating the spirit, if not the letter, of the law' and said the White House had provided 'virtually no details' on whether the algorithm is truly free of Chinese influence, calling for Congressional investigation. Even Rep. John Moolenaar, chair of the House Select Committee on China and a supporter of the underlying law, said after the deal closed that 'questions... need to be answered' about whether China retains algorithmic influence and whether user data is secure.

In January 2026, YouTube CEO Neal Mohan announced that the platform has paid over $100 billion to creators, artists, and media companies in the past four years. YouTube now has over 3 million channels enrolled in its ad and subscription revenue-sharing program (YPP). Mohan also stated YouTube would lobby for policymakers to recognize creators in labor data and acknowledge them in industry forums, advocating that 'Being a creator is a full-time job with an international audience.'

Despite Eric Schmidt publicly warning against autonomous weapons at Stanford in 2024, calling automated kill decisions 'terrible,' White Stork's X-Drone developed AI quadcopters that 'can attack Russian soldiers with or without a human in the loop' and 'when communications fail, the drones could hunt alone.' NORDA Dynamics founder Nazar Bigun stated: 'I think we created the monster. And I'm not sure where it's going to go.' The company operated through multiple shell companies (Merops, Aurelian Industries, Swift Beat, Volya Robotics) obscuring Schmidt's ownership until investigative reporting revealed it.

During a December 20, 2025 power outage in San Francisco, Waymo robotaxis stalled across the city, blocking intersections and emergency vehicles. Mayor Daniel Lurie texted Waymo's CEO reporting a car blocking a fire truck from reaching an active fire. In subsequent regulatory proceedings, a judge scolded Waymo after the company refused to disclose how many robotaxis had stalled, claiming the information was a trade secret.

Uber abandoned its 2030 commitment to achieve 100% electric vehicle fleets in the United States, Canada, and Europe. The company discontinued monthly EV bonuses for drivers in December 2025, eliminating a key incentive program. Additionally removed climate language from April 2025 investor materials and made ESG reports inaccessible. Despite original $800 million 'Green Future' pledge, only $439 million was invested as of May 2025. Current electrification rates show only 9% in North America, 15% in Europe, and 40% in London - far from goals. Uber is actively fighting electrification requirements in California, New York City, and Toronto. The reversal followed President Trump's inauguration, to which Uber donated $1 million.

Gebru has consistently called out tech executives who pivot to AI safety narratives after building potentially harmful technologies. In December 2025, she urged the public to question such rebrandings, arguing that the AI safety discourse is being co-opted by the same actors who created the problems, diverting attention from concrete harms to speculative existential risks.

Since 2020, Coinbase has published annual transparency reports detailing government and law enforcement requests for customer information. The 2025 report (covering October 2024-September 2025) disclosed 12,716 requests, a 19% increase year-over-year, with approximately 53% from outside the United States. The reports provide customers with data about requests received and offer insight into global law enforcement and regulatory trends around the world.

In December 2025, Instacart agreed to pay $60 million in customer refunds to settle FTC allegations of deceptive practices. The FTC accused Instacart of falsely advertising free deliveries while not clearly disclosing service fees. Separately, a Consumer Reports investigation found Instacart was running AI-enabled pricing experiments that charged different customers different prices for identical products - sometimes varying by as much as 23%. After the investigation, Instacart immediately ended all item price tests.

Reuters obtained internal Meta documents showing the company displayed approximately 15 billion 'higher risk' scam advertisements per day, generating an estimated $16 billion annually (10% of revenue). Documents revealed Meta set 'revenue guardrails' limiting fraud enforcement to 0.15% of revenue (~$135M), and executives proposed focusing fraud control only on countries with imminent regulatory action. Internal documents showed Meta was involved in 1 in 3 U.S. frauds. Meta also developed a 'playbook' to manage regulatory perception of scam ads.