financetom
Business
financetom
/
Business
/
US Appeals Court Dismisses Lawsuit Against 5 Technology Companies Over Alleged Forced Child Labor in Cobalt Mining
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Appeals Court Dismisses Lawsuit Against 5 Technology Companies Over Alleged Forced Child Labor in Cobalt Mining
Mar 5, 2024 11:31 AM

02:12 PM EST, 03/05/2024 (MT Newswires) -- A US appeals court on Tuesday affirmed a lower court's dismissal of a lawsuit accusing five US technology companies of participating in a venture that engaged in forced child labor in cobalt mining in the Democratic Republic of the Congo.

The plaintiffs said Apple ( AAPL ) , Google's ( GOOG ) parent company Alphabet (GOOG, GOOGL), Dell Technologies ( DELL ) , Microsoft ( MSFT ) and Tesla (TSLA) buy cobalt from big international suppliers, whose subsidiaries "exploit and perpetuate informal mining," according to the court documents.

However, the US Court of Appeals for the District of Columbia ruled that buying unspecified quantities of cobalt, a metal used in the production of lithium-ion batteries, through the global supply chain isn't a "participation in a venture" under the Trafficking Victims Protection Reauthorization Act.

"Although we conclude that the plaintiffs have standing to pursue their damages claims, they have failed to state a claim for relief," the court said in its ruling.

None of the companies immediately responded to requests for comment from MT Newswires.

Price: 170.06, Change: -5.04, Percent Change: -2.88

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Warner Bros Discovery bondholders approve plan to split the company
Warner Bros Discovery bondholders approve plan to split the company
Jun 16, 2025
June 16 (Reuters) - Warner Bros Discovery ( WBD ) bondholders overwhelmingly approved a plan to split the corporation and put in place a new capital structure related to the deal, the company said Monday. Bondholders voted to remove restrictions that could have prevented the company from carrying out its plan to cleave itself into two publicly traded entertainment companies,...
Microsoft Launches Sovereign Cloud for European Clients
Microsoft Launches Sovereign Cloud for European Clients
Jun 16, 2025
08:00 AM EDT, 06/16/2025 (MT Newswires) -- Microsoft ( MSFT ) said Monday that it has launched Microsoft Sovereign Cloud, which it said will ensure that European customer data stays in Europe, under European Law. The tech giant said in a blog post that the operations and access will be controlled by European personnel with customers fully controlling encryption. This...
Ford Bolsters Riyadh Office, Launches Dubai Parts Center in Changes to Middle East Operations
Ford Bolsters Riyadh Office, Launches Dubai Parts Center in Changes to Middle East Operations
Jun 16, 2025
08:00 AM EDT, 06/16/2025 (MT Newswires) -- Ford Motor ( F ) said Monday it is implementing operational and organizational changes across the Middle East and North Africa, including an expansion of its Riyadh operations in Saudi Arabia. Among its initiatives is reintegrating North Africa into its regional network and appointing senior leaders. Appointments include Ramzy Hadi as managing director...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved