Bloomberg said that there are documents obtained by a US congressional committee that proved General Motors Co opted out of implementing a planned fix as an internal expert deemed the fix too costly for the automaker.
Legal experts have said that as the patent dispute continues between Apple and Samsung, the two companies are expected to duke it out in court to legally assert who is leading the mobile market race.
The Financial Conduct Authority in the UK has outlined its plans to investigate several potential market abuses, which include circumstances leading to the benchmark rate-rigging conspiracy between traders, Bloomberg said.
"Flash Boys" author Michael Lewis blasted professional traders in a "60 Minutes" interview, claiming that the lot uses high-speed, complicated tactics designed to dupe investors and are too slick to be deemed illegal by law.
