Try our Advanced Search for more refined results
Technology
-
March 20, 2025
FCC Eases Regs To Hasten Switch From Copper Lines
The Federal Communications Commission on Thursday waived several longstanding rules in an effort to clear what FCC Chair Brendan Carr characterized as "red tape" delaying telecoms from putting legacy copper lines out to pasture.
-
March 20, 2025
Investor Sues For Real Estate AI Co. Shares Under $100M Deal
A Luxembourg-based investment firm sued artificial intelligence homebuying platform ReAlpha in New York federal court, seeking to enforce a $100 million share purchase agreement a week after a federal judge rejected the platform's attempt to escape the deal.
-
March 20, 2025
Ex-Cognizant CLO Seeks Trial Delay After Hiring New Counsel
After hiring new trial counsel Wednesday, a former Cognizant Technology Solutions Corp. executive facing bribery charges asked a New Jersey federal judge on Thursday for an adjournment of the April 7 trial date so his new attorney can review the evidence and the history of the case, which has been pending for more than six years.
-
March 20, 2025
Oracle Eyes Stake In TikTok's US Entity, And More Rumors
Oracle is considering acquiring a stake in TikTok's U.S. operations that would allow the social media giant to continue doing business here under certain security assurances. Meanwhile, Brookfield Asset Management has emerged as the top contender to acquire Colonial Pipeline, and German drugmaker Stada is delaying its IPO until at least September because of market volatility. Here, Law360 breaks down the notable deal rumors from the past week.
-
March 20, 2025
Sprinklr Execs Sued Over Revenue Projections, Biz Transition
Executives and directors of customer experience software company Sprinklr Inc. have been hit with a shareholder derivative suit alleging that they concealed issues the company was facing with scaling new service technology products.
-
March 20, 2025
SoftBank Paying $6.5B For Ampere In AI Infrastructure Push
SoftBank Group Corp. said Thursday it has agreed to acquire Ampere Computing, an independent silicon design company, in an all-cash transaction valued at $6.5 billion, representing a significant expansion of SoftBank's investments in AI infrastructure and computing technologies.
-
March 20, 2025
AI Startup CoreWeave Launches Plans For $2.5B IPO
Artificial intelligence-focused startup CoreWeave Inc. on Thursday set plans for an estimated $2.5 billion initial public offering, represented by Fenwick & West LLP and underwriters' counsel Latham & Watkins LLP, likely launching the largest IPO of 2025.
-
March 20, 2025
4 Firms Help Seal $11B QXO, Beacon Deal After Buyout Battle
QXO Inc. said Thursday it has agreed to acquire Beacon Roofing Supply Inc. for $11 billion following an at-times contentious takeover attempt that included Beacon's rejection of a prior QXO buyout proposal, in a deal guided by four law firms.
-
March 19, 2025
Software Co. Smart ERP Failed To Prevent Breach, Suit Says
California software company Smart ERP Solutions Inc. failed to protect social security numbers and other sensitive personal information during a summer 2024 data breach, leaving more than 78,700 customers at risk of fraud and identity theft, one man has alleged in a putative class action in California federal court.
-
March 19, 2025
Ticketmaster Baits With 'Deceptively' Low Prices, Suit Says
Ticketmaster has allegedly been luring consumers into buying event tickets by advertising "deceptively" low prices before surprising them with high hidden fees at checkout after pressuring them with pop-up warnings and a countdown clock, according to a putative class action filed Tuesday in California federal court.
-
March 19, 2025
DC Circ.'s Copyright Denial Of AI Art Is A Sign Of Future Fights
A computer scientist's quest to register artwork made by his artificial intelligence system hit another roadblock this week when the D.C. Circuit concluded that only human authors qualify for copyright protection, but his case foreshadows complex questions that courts and perhaps Congress will have to grapple with as the technology evolves.
-
March 19, 2025
Netlist, Samsung Contract Fight Gets New Judge Mid-Retrial
The third trial in a dispute over whether Samsung Electronics Co. breached a patent licensing agreement with chipmaker Netlist Inc. was reassigned to a new California federal judge Wednesday on its second day, after the long-running case's previous overseer recused due to concerns about his impartiality being questioned.
-
March 19, 2025
Ex-Managers, New Boss Want Out Of Tech Co.'s Defection Suit
Three former managers of a Georgia-based payroll software company, along with their new employer, asked a federal judge Wednesday to dispatch with allegations that they engineered a "mass defection" of employees, with the former workers saying they haven't conducted enough business in the Peach State for its courts to touch them.
-
March 19, 2025
Russian Gotbit Crypto Operator Gets Plea Deal, Forfeits $23M
A Russian national accused of manipulating crypto markets through a market-making service he founded called Gotbit has struck a plea deal with Massachusetts federal prosecutors in which he copped to charges of conspiracy to commit market manipulation and wire fraud and agreed to forfeit about $23 million in cryptocurrency.
-
March 19, 2025
Fired FTC Dem Warns Of Billionaire Influence On Trump
A Democrat who was terminated by President Donald Trump from the Federal Trade Commission said Wednesday that the public should be concerned about "which billionaire has the president's ear" when the next "mega-merger" is proposed, in remarks to a Colorado legislative committee the day after his firing.
-
March 19, 2025
DOJ Says Anthropic View Of Google Search Fix Is Now Moot
The U.S. Department of Justice is urging a D.C. federal judge to dismiss Anthropic's bid to submit witness declarations in the remedies phase of the government's search antitrust case against Google, arguing that it already dropped the proposed remedy that drew Anthropic's input in the first place.
-
March 19, 2025
AI Chatbot Co. LivePerson Beats Shareholder Suit For Good
A New York federal judge on Wednesday tossed for good a consolidated shareholder class action alleging that chatbot developer LivePerson Inc. misled investors about its post-COVID financial performance and the purported success of WildHealth, a health-focused company it acquired.
-
March 19, 2025
ACLU Says Biased AI Tech Boxed Out Deaf Intuit Applicant
Intuit and a human resources technology vendor violated federal and state law by turning away a deaf job applicant after interviewing her using artificial intelligence-based video technology that puts disabled and nonwhite applicants at a disadvantage, the American Civil Liberties Union said Wednesday.
-
March 19, 2025
Broadband Pole Upgrades Depend On States, Pew Says
States need to make sure their pole attachment process is running smoothly, or it could be the cause for a lot of broadband deployment holdups, according to a new study released by Pew Charitable Trusts.
-
March 19, 2025
USPTO Acting Head Tells PTAB To Rethink Part Of Tesla Win
The U.S. Patent and Trademark Office's acting director has told the Patent Trial and Appeal Board to reconsider part of a decision backing Tesla's challenge to a patent on artificial intelligence in self-driving vehicles, and sent two more unrelated cases for review by board officials.
-
March 19, 2025
Samsung, LA Resident Settle Galaxy Wristband PFAS Suit
A California federal judge Wednesday closed the book on a Los Angeles resident's proposed class action alleging Samsung Electronics America Inc. uses "forever chemicals" in the wristbands it sells for its smartwatches and fitness trackers, the same day the parties reported reaching a resolution.
-
March 19, 2025
Trade Group Sues La. Over Social Media Age Restrictions
Tech trade group NetChoice is going after a new Louisiana law that would restrict minors' access to social media and ban companies from showing them targeted ads, saying the law blocks children's access to protected speech and is a "fiasco for free speech and online safety."
-
March 19, 2025
Westlaw Rival Seeks Early Appeal Of 1st AI Ruling On Fair Use
Legal tech company ROSS Intelligence Inc. has urged a Delaware federal court to let it seek the Third Circuit's opinion on two issues concerning the copyrightability of Thomson Reuters' Westlaw headnotes and fair use, saying the district court's recent about-face on the issues made it clear that legal guidance was needed.
-
March 19, 2025
EU Accuses Google Of Breaking New Big Tech Rules
European enforcers accused Google on Wednesday of violating the bloc's new rules for digital markets by favoring its own services in search results and through restrictions in its Play Store, while also outlining steps Apple needs to take to comply.
-
March 19, 2025
QXO Pushes Deadline As Beacon Takeover Talks Press On
QXO extended its Tuesday deadline for Beacon Roofing Supply Inc. shareholders to tender their shares until Wednesday, after announcing earlier in the month that friendly discussions had begun amid the once-hostile takeover bid.
Expert Analysis
-
Predicting The Lasting Changes CFPB May Face In 2025
President-elect Donald Trump and the incoming Republican-controlled Congress' likely attempts to reshape the Consumer Financial Protection Bureau could significantly alter its rulemaking, supervisory and enforcement abilities for years to come, says Jim Sandy at McGlinchey Stafford.
-
2025 Patent And TM Policy At USPTO: What We Know So Far
This upcoming year at the U.S. Patent and Trademark Office promises a continued focus on artificial intelligence-related policies, as well as initiatives to drive efficiency and modernize standard processes, say attorneys at Knobbe Martens.
-
5 Antitrust Issues For In-House Counsel In 2025
Attorneys at Squire Patton evaluate the top areas where U.S. antitrust policy is likely to change in the next 12 months, including major challenges to the Federal Trade Commission's authority that could reshape enforcement.
-
Reviewing 2024's Crucial Patent Law Developments
As 2024 draws to a close, significant rulings and policies aimed at modernizing long-standing legal practices or addressing emerging challenges have reached patent law, says Michael Ellenberger at Rothwell Figg.
-
Risk Management Takeaways From NIST's AI Symposium
Based on the National Institute of Standards and Technology's September artificial intelligence innovation symposium, companies should anticipate that laws and regulations safeguarding AI could take new forms and approaches that break the current mold, say attorneys at Eversheds Sutherland.
-
The Justices' Securities Rulings, Dismissals That Defined '24
The U.S. Supreme Court's 2024 securities rulings led to increased success for defendants' price impact arguments, but the justices' decisions not to weigh in on important issues relating to the Private Securities Litigation Reform Act's pleading requirements may be just as significant, say attorneys at Skadden.
-
10 Noteworthy CFPB Developments From 2024
In a banner year for consumer finance regulation, the Consumer Financial Protection Bureau made significant strides in its efforts to rein in Big Tech and nonbank financial firms, including via rules regarding open banking, credit card late fees, and buy now, pay later products, say attorneys at Wiley.
-
Series
Fixing Up Cars Makes Me A Better Lawyer
From problem-solving to patience and adaptability to organization, the skills developed working under the hood of a car directly translate to being a more effective lawyer, says Christopher Mdeway at Kaufman Dolowich.
-
Making The Pitch To Grow Your Company's Legal Team
In a compressed economy, convincing the C-suite to invest in additional legal talent can be a herculean task, but a convincing pitch — supported by metrics and cost analyses — may help in-house counsel justify the growth of their team, say Elizabeth Smith and Roger Garceau at Major Lindsey.
-
Musk Pay Fight Shows Investor Approval Isn't Universal Cure
The Delaware Court of Chancery's recent denial of a motion revising its prior rescission of Elon Musk's nearly $56 billion compensation package is a reminder of the heightened standard corporate boards must meet in conflicted controller transactions and that stockholder approval doesn't automatically cure fiduciary wrongdoing, say attorneys at A&O Shearman.
-
4 Trade Secret Pointers From 2024's Key IP Law Developments
Four significant 2024 developments in trade secret law yield practical tips about defending trade secrets overseas, proving unjust enrichment claims, forcing compliance with posttrial orders and using restrictive covenants to prevent employee leaks of confidential intellectual property, say attorneys at Faegre Drinker.
-
Data Privacy Landscape After Mass. Justices' Wiretap Ruling
In Vita v. New England Baptist Hospital, Massachusetts’ highest court recently ruled that the state’s wiretap law doesn’t prohibit all tracking of website user activity, but major financial and reputational risks remain for businesses that aren't transparent about customer’s web data, says Seth Berman at Nutter.
-
Compliance Lessons From Raytheon's FCPA Settlement
A recent Foreign Corrupt Practices Act action involving aerospace and defense company Raytheon underscores the importance of risk management related to retaining and overseeing third parties — especially in higher-risk jurisdictions — and the promotion of a companywide culture of compliance, say attorneys at Debevoise.
-
Opinion
Justices Rightly Corrected Course In Nvidia And Facebook
By dismissing both the Nvidia and Facebook class actions, over investors' ability to hold corporations accountable for fraud, the U.S. Supreme Court was right in refusing to favor corporations over transparency, and reaffirmed its commitment to corporate accountability, investor protection and the rule of law, says Laura Posner at Cohen Milstein.
-
Gov't Scrutiny Of Workplace Chat Apps Set To Keep Growing
The incoming Trump administration and Republican majorities in Congress are poised to open numerous investigations that include increasing demands for entities to produce communications from workplace chat apps, so companies must evaluate their usage and retention policies, say attorneys at Orrick.