Topic: contract termination
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California Bans Predatory Early Cancellation Fees
A new California law (AB 483) protects consumers from unexpected early termination fees in installment contracts by requiring transparency and capping fees at 30% of the contract's total value. The legislation mandates that businesses clearly disclose cancellation charges upfront, preventing them...
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Subnautica 2 Publisher Used ChatGPT to Replace Founders
Krafton's CEO allegedly consulted an AI chatbot for strategies to avoid a $250 million bonus payout to the founders of Unknown Worlds, leading to their termination after failed renegotiations. The founders claim Krafton fabricated concerns about Subnautica 2's development to evade financial oblig...
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Moderna CEO Counters RFK Jr.'s Vaccine Criticism
Moderna's CEO criticized new federal health policies that restrict COVID-19 vaccine eligibility, arguing they create confusion and reduce public access to protection. HHS Secretary Robert F. Kennedy, Jr. has taken a critical stance on mRNA vaccines, canceling contracts and limiting recommendation...
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