Money

OxyContin Was Reformulated to Reduce Abuse, but Purdue Pharma Won’t Share Data of the Results

Dr. Raeford Brown was uniquely positioned to help the U.S. government answer a critical question: Is a new version of the painkiller OxyContin helping fight the national opioid epidemic? An expert in pain treatment at the University of Kentucky, Brown led a panel of outside experts advising the Food and Drug Administration on opioids that …

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Macy’s Pulls Portion-Control Plates After Twitter Users Denounce Them as ‘Toxic’ and ‘Fat Shaming’

Pourtion, the company behind controversial plates that measure serving sizes on a scale of “skinny jeans” to “mom jeans,” told Fortune that its sales have skyrocketed in the 24-hours after Macy’s publicly apologized and promised to stop selling the dinnerware, which some Twitter users called “toxic,” “harmful,” and “fat-shaming.” Plategate began Sunday afternoon when podcast …

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Financial Data Privacy? Consumers ‘Could Care Less’—The Ledger

Last week the Fortune Ledger team was out in Aspen for our Brainstorm Tech conference, where, among other things, I interviewed Joe Lubin, the Ethereum co-creator who now runs ConsenSys, on stage with Dominic Williams of Dfinity. (You can watch the interview and read about it here.) Not surprisingly, the duo advocated for decentralized technologies …

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Police Are Investigating Whether a Tesla Involved in a Fatal Crash Was in Self-Driving Mode

A woman was arrested after running a red light in a rented Tesla in San Francisco and causing a crash that killed a tourist and left his wife critically injured, authorities said Monday. Officers were investigating whether the Tesla, which was rented through the peer-to-peer car rental service Getaround, was operating on self-driving mode, police …

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First Fortnite, Now Tinder: How Android’s Biggest Apps Are Giving Google’s Revenue Scheme the Runaround

Tinder and Fortnite are free for users to download on Android and iOS, with both apps offering a bevy of purchases that let users enhance their online dating and gaming experiences. The mobile battle-royale game first made waves when it sidestepped the Google Play Store, in an effort to avoid giving the search company up …

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Microsoft to Pay More Than $25 Million to Settle Federal Corruption Charges in Hungarian Bribery Scheme

Microsoft is paying more than $25 million to settle federal corruption charges involving a bribery scheme in Hungary and other foreign offices. The U.S. Securities and Exchange Commission said Microsoft will pay about $16.6 million to settle charges that it violated the Foreign Corrupt Practices Act. While the case centered on Hungary, the SEC said it also …

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Brexit is Jeopardizing the U.K.’s Cybersecurity—And Fueling the Rise of the “Splinternet”

Those championing Britain’s departure from the European Union have long-insisted that breaking with Brussels won’t harm the U.K.’s national security. After all, the Brexiteers insist, it is in both the U.K.’s and the EU’s interest to continue to share information and coordinate policy on vital national security threats like terrorism, cybersecurity and international crime. Now, …

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