Top Stories

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  TikTok Seals Joint Venture Deal For US Operations

  By Lauren Berg

  TikTok's Beijing-based owner, ByteDance, has sold a majority stake in the video app's U.S. operations to a new U...(read more)

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  Trump Sues JPMorgan For $5B Over Account Closures

  By Jon Hill

  President Donald Trump on Thursday sued JPMorgan Chase in Florida state court for at least $5 billion in damages...(read more)

• A&O Shearman-Led Telenor To Exit Thailand In $4B Deal

  By Dawood Fakhir

  Norwegian telecoms company Telenor said it has agreed to sell its entire stake in Thailand's True Corp. for approximately 39 billion Norwegian kroner ($4 billion), marking its exit from the country after 25 years.

• Google, Epic Fight Uphill To Tweak App Antitrust Injunction

  By Bonnie Eslinger

  A California federal judge indicated Thursday that he's unlikely to grant Epic and Google's request to modify a permanent injunction issued after a jury found Google monopolized the distribution of apps on Android devices, saying they have to show changed circumstances, and "I haven't seen anything change, other than a deal" between the companies.

• Goldstein Prosecutors Unveil Conflicting Cash Source Claims

  By Jared Foretek

  A former lawyer at SCOTUSblog founder Thomas Goldstein's firm said Thursday that Goldstein told coworkers that the more than $960,000 in cash he brought off a flight from Hong Kong — the source of which is integral to the government's case — had come from a client.

• New Securities Class Actions Declined In 2025, Report Says

  By Katryna Perera

  New securities class action filings fell overall last year, along with aggregate settlement values and attorney fees, but the emergence of tariff-related suits could present a new trend in filings in response to actions taken by the U.S. government, according to a recent National Economic Research Associates Inc. report.

• Trump Calls For Prosecution Of Jack Smith Post-Hearing

  By Courtney Bublé

  Shortly after former special counsel Jack Smith gave his first public congressional testimony on the Trump cases, in which he warned the rule of law should not be taken for granted, President Donald Trump said he should be prosecuted.

• As Lawmakers Scrutinize Costs, Insurers Point To Hospitals

  By Yeji Jesse Lee

  Facing a barrage of questions from lawmakers on Capitol Hill about rising costs, the heads of the biggest health insurance companies in the U.S. sought to blame providers and other parts of a complex industry.

• Google Can't Duck Case Over Paid Search, Privacy Claims

  By Matthew Perlman

  A California federal court has refused to toss a proposed consumer class action alleging Google's default search agreements block competition from rival search engines that could provide more privacy or even pay users to search.

• Feds Won't Retry Landmark OpenSea NFT Fraud Case

  By Aislinn Keely

  Federal prosecutors won't retry their fraud claims against the former OpenSea manager accused of insider trading on his employer's nonfungible token platform, walking away from the case after the Second Circuit overturned the conviction last July.

• Marketers Who Sold Fraudulent StraightPath Funds Plead Out

  By Pete Brush

  Two New York men who hawked pre-initial public offering shares for fraud-ridden vendor StraightPath from "boiler room" sales floors pled guilty Thursday to fraud charges, after Manhattan federal prosecutors charged them with raising $185 million by duping customers.

• Dayforce Investors Seek Records In $12.3B Thoma Bravo Deal

  By Jarek Rutz

  Several stockholders of Dayforce Inc. have asked the Delaware Chancery Court to compel the global human resource software company to hand over internal books and records, arguing the board's handling of a $12.3 billion take-private sale to Thoma Bravo LP warrants closer scrutiny under Delaware law.

• General Fusion To Go Public In $1B Nasdaq Deal

  By Jade Martinez-Pogue

  Private equity-backed General Fusion on Thursday announced plans to go public by merging with special purpose acquisition company Spring Valley Acquisition Corp. III in a deal that provides the combined company a roughly $1 billion pro forma equity value and was built by four law firms.

• 2 Firms Advise Energy Infrastructure Co.'s Go-Public Deal

  By Nate Beck

  Utility-scale energy infrastructure developer Hecate Energy Group said Thursday that it is set to become a public company valued at $1.2 billion under a merger advised by Cahill Gordon & Reindel LLP and Allen Overy Shearman Sterling LLP.