California targets Tesla insurance with enforcement actions

07. lokakuuta 2025 Raportoinut AI

California's insurance regulator has launched enforcement actions against Tesla Insurance and its former underwriter for repeated failures in handling policyholder claims. The companies face potential license suspension, revocation, and hefty fines if they do not resolve outstanding issues. Complaints have surged since 2022, highlighting delays, denials, and staffing shortages.

UK lifts ban on retail access to crypto ETNs

09. lokakuuta 2025 Raportoinut AI

The UK's Financial Conduct Authority has ended its four-year ban on retail investors accessing bitcoin and crypto exchange-traded notes, effective October 8, 2025. This allows firms to offer these products on approved exchanges like the London Stock Exchange. The move could boost the UK crypto market by up to 20%, according to research.

El Paso residents probe warehouse ethylene oxide emissions

A Grist investigation has revealed that emissions of the carcinogen ethylene oxide from Cardinal Health warehouses in El Paso may exceed safe limits, raising cancer risks for much of the city's population. Former worker Maria, diagnosed with aggressive breast cancer years after her time at the facility, now suspects a link. Nearby residents report headaches, dizziness, and respiratory issues amid limited federal oversight.

Nomura pushes for crypto trading access in Japan

Japan's largest investment bank, Nomura Holdings, is seeking regulatory approval to expand its cryptocurrency services through its subsidiary Laser Digital. This move comes amid surging crypto adoption in Japan, with transaction values doubling this year. The effort highlights growing institutional interest in digital assets despite some operational challenges.

UK antitrust regulator targets Google's search dominance

11. lokakuuta 2025 Raportoinut AI

The UK's Competition and Markets Authority has designated Google with strategic market status in search and search advertising, confirming its substantial market power. This step under the new digital markets regime could lead to interventions promoting competition. Google has objected, highlighting its economic contributions to the UK.

Tesla encourages drowsy drivers to activate full self-driving

Tesla has begun urging drivers who feel sleepy to use its Full Self-Driving (FSD) feature, according to a recent software update. This recommendation has raised alarms among safety advocates, who warn that the technology still requires active supervision. The move highlights ongoing debates about the capabilities and risks of Tesla's autonomous driving systems.

F-Droid urges regulators to block Google's sideloading crackdown

F-Droid, a prominent open-source Android app repository, has called on global regulators to intervene against Google's tightening restrictions on sideloading apps. The organization argues that these measures undermine user choice and competition in the mobile ecosystem. This plea comes amid ongoing debates over app distribution policies.

FINRA survey highlights crypto investors' fraud vulnerability

New findings from the FINRA Investor Education Foundation reveal that crypto and meme stock investors are more likely to fall for fraudulent investment offers. Younger and less experienced investors show heightened susceptibility. The report coincides with the rapid growth of tokenized stocks, raising concerns about regulatory protections.

California probes Tesla insurance for unfair claims practices

06. lokakuuta 2025 Raportoinut AI

The California Department of Insurance has launched an investigation into Tesla's insurance unit for alleged unfair practices that have harmed policyholders. The probe accuses the company of delays in claims processing and unreasonable denials. Potential fines could reach millions due to thousands of violations since 2019.