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Federal Communications Commissioner Michael O'Rielly said Friday that it’s past time for the agency to review its media ownership rules, arguing that many are outdated and not serving the public interest.
Singapore gaming and e-commerce startup Sea Ltd. said Friday its initial public offering raised $884 million after shares priced above their forecast range and promptly rose in debut trading, capping a week that saw four IPOs raise more than $2 billion.
A journalism collective involved in a dispute over online financial news articles has asked the U.S. Supreme Court to take up an Eleventh Circuit decision finding that a copyright holder can't bring an infringement suit until its application is approved by the registrar, arguing that the issue is a common one that has not been settled by circuit courts.
Although an IRS expert lied on the stand about his work on cases like that of Michael Jackson’s estate, with hundreds of millions of dollars at stake, that isn’t enough to exclude his testimony outright and gut a crucial part of the agency’s case, a U.S. Tax Court judge has ruled.
In Law360’s latest roundup of new actions at the Trademark Trial and Appeal Board, UFC aims to take down an octagonal opponent, Anheuser-Busch uses an obscure word to defend Stella Artois, and Walt Disney’s Marvel gets angry over a “Hulk” fitness brand.