Tag Archives: claims

Spirit Airlines CEO Downplays Financial Issues, Claims Things Are Fine

Spirit Airlines CEO Downplays Financial Issues, Claims Things Are Fine

Yesterday, I covered how Spirit Airlines issued a dire warning about its financial situation in a regulatory filing, stating that there’s “substantial doubt” about the carrier’s ability to keep operating over the next 12 months. The carrier’s current credit card processor agreement expires at the end of 2025, and more collateral is being required, given the company’s finances. Along those …

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Krafton Responds To Subnautica 2 Lawsuit, Doubling Down On Claims That Executives ‘Abandoned’ Development

Krafton Responds To Subnautica 2 Lawsuit, Doubling Down On Claims That Executives ‘Abandoned’ Development

Subnautica 2 publisher Krafton is accusing Unknown Worlds founders Charlie Cleveland, Max McGuire, and CEO Ted Gill of “resort[ing] to litigation to demand a multimillion-dollar payday they haven’t earned,” according to the company’s response to the former executive’s lawsuit. That lawsuit, filed in July, accused Krafton of intentionally obstructing development of Subnautica 2. Now, Krafton says the founders took the …

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New York claims Zelle’s shoddy security enabled a billion dollars in scams

New York claims Zelle’s shoddy security enabled a billion dollars in scams

New York Attorney General Letitia James is suing the banks behind Zelle over claims that their payment platform enabled “massive amounts of fraud” that caused customers to lose more than $1 billion between 2017 and 2023. In the lawsuit, James alleges Zelle was rushed to market, resulting in a design that made the platform “an obvious conduit for fraudulent activity.” …

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Apple dismisses Elon Musk’s claims that App Store favors OpenAI over other AI apps

Apple dismisses Elon Musk’s claims that App Store favors OpenAI over other AI apps

Apple has rejected Elon Musk’s accusations that its App Store is biased against AI apps that compete with OpenAI.  “We feature thousands of apps through charts, algorithmic recommendations and curated lists selected by experts using objective criteria,” the BBC quoted Apple as saying. The response comes after Musk threatened to sue Apple via xAI, claiming the iPhone maker was “behaving in …

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Trump Claims Tariffs Earned U.S. ‘Trillions Of Dollars.’ Federal Data Says Otherwise.

Trump Claims Tariffs Earned U.S. ‘Trillions Of Dollars.’ Federal Data Says Otherwise.

Topline President Donald Trump on Tuesday said his tariffs are taking in “trillions of dollars”—which matches estimates from some economists for revenue his levies could generate, but over the next decade, not so far this year. Treasury Secretary Scott Bessent has projected tariff revenue would reach $300 billion per year. Getty Images Key Facts “Trillions of dollars are being taken …

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Krafton claims former Subnautica 2 devs ‘lost interest’ in developing game

Krafton claims former Subnautica 2 devs ‘lost interest’ in developing game

Krafton has fired another shot in its legal battle with former executives of Subnautica 2 studio Unknown Worlds, who filed a lawsuit last month, claiming the South Korean publisher undermined the game’s release to avoid paying them a bonus. In its response, Krafton claims that the three plaintiffs, Ted Gill, Charlie Cleveland, and Max McGuire, had “lost interest in developing …

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Trump claims Washington’s murder rate is higher than Bogotá or Mexico City. Here’s what the stats from those countries say

Trump claims Washington’s murder rate is higher than Bogotá or Mexico City. Here’s what the stats from those countries say

Facebook Tweet Email Link US President Donald Trump has stepped up his criticism of the security situation in Washington, DC, now claiming that the US capital has a homicide rate higher than some Latin American capitals such as Bogotá, Mexico City and Lima. During a press conference on Monday, Trump announced that he would place the Metropolitan Police Department “under …

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Mexico and Brazil Rebut Trump’s Claims About Violence in Their Cities – The New York Times

Mexico and Brazil Rebut Trump’s Claims About Violence in Their Cities  The New York Times Trump’s Washington D.C. national guard plan ignores FBI crime data  MSNBC News Trump says crime in D.C. is out of control. Here’s what the data shows.  The Washington Post Full List of America’s Most Dangerous Cities as Trump Cracks Down on D.C.  Newsweek Trump says Washington is unsafe, but …

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Fact-checking Trump’s claims about homicides in D.C.

Fact-checking Trump’s claims about homicides in D.C.

This article originally appeared on PolitiFact. President Donald Trump said Washington, D.C.’s homicide rate is higher than “the worst places on Earth.” At an Aug. 11 press conference announcing a federal government takeover of the district’s Metropolitan Police Department and the deployment of National Guard troops to the nation’s capital, Trump displayed several charts comparing D.C.’s homicide rate with cities …

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