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TECHNOLOGY |
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TOP NEWS Feature Inside Icahn's Battle Over Dell's VMware Stock Swap
Activist investor Carl Icahn is digging in his heels over Dell's plans to buy back a tracking stock tied to subsidiary VMware and relist itself in the process, in a battle reminiscent of the activist investor’s efforts to derail a private equity-backed take-private of the tech giant five years ago. Here, Law360 recaps the turbulent history between Icahn and Dell.
Dell Ups VMWare Stock Swap Offer Amid Pressure From Icahn
Dell on Thursday sweetened the terms of its anticipated stock swap with subsidiary VMWare to $120 per share and agreed to give investors the opportunity to elect a new director, after activist investor Carl Icahn blasted the “insulting” terms of a deal that would see the tech giant rejoin the public market.
Q&A US Must Use 'Full Toolkit' To Fight Cybercrime: Ex-DOJ Chief
John P. Carlin, who ran the U.S. Department of Justice’s National Security Division before going into private practice, tells Law360 how a deterrence campaign can help America win its "code war" against Russia, China, North Korea and Iran. He also shares advice for firms deciding whether to tell authorities about cyberattacks.
USPTO Testing AI Software To Help Examiners ID Prior Art
The U.S. Patent and Trademark Office is testing new software that gives patent examiners additional tools to identify whether a patent application incorporates existing technology, USPTO Director Andrei Iancu said Thursday.
Dems Query Top 4 Mobile Carriers Over Throttling Concerns
Three Democratic U.S. senators sent letters to AT&T, Verizon, Sprint and T-Mobile on Thursday asking if the companies had slowed down certain services on their networks after a study showed that each of the mobile carriers had stifled at least one video streaming service.
FCC Applauds Step Toward Stemming Spoofed Calls
The Federal Communications Commission on Thursday praised steps taken by the Alliance for Telecommunications Industry Solutions to get a system in place to prevent robocallers from pestering consumers with calls from spoofed numbers.
FCC Commissioners Decry Lack Of Work Crew Coordination
Government and industry players must remedy a lack of coordination between utility and telecom work crews, FCC Commissioners Brendan Carr and Michael O’Rielly said Thursday after the agency's monthly open meeting, citing conflicting priorities as a major reason residents are forced to do without connectivity after natural disasters like Hurricane Michael.
FCC, Wireless Trade Group Praise Spectrum Valuation Bill
The Federal Communications Commission and CTIA, a trade group that represents the wireless communications industry, announced their support Wednesday for a Senate bill that would require government agencies to put a market price on spectrum that they own.
FCC Tees Up New GPS Signals And Space Debris Rules
The Federal Communications Commission took steps Thursday to update a lineup of satellite-related regulations, including an inquiry into the proliferation of orbital debris and a vote to allow American devices to begin receiving signals from the European global positioning system Galileo, with the lone Democratic commissioner saying the move brings up security concerns.
Direct Capacitor Buyers Win Cert. In Price-Fixing MDL
Four U.S. companies won their bid to certify a direct buyer class in sprawling multidistrict litigation in California federal court alleging dozens of overseas capacitor manufacturers plotted to boost the price of the electronic component in a decadelong scheme.
Justices Urged To Ax Fed. Circ. Ruling Restricting Alice
The Electronic Frontier Foundation and T-Mobile, among others, have urged the U.S. Supreme Court to overturn a Federal Circuit decision that made it harder for courts to quickly invalidate patents for claiming patent-ineligible material, saying that the ruling has far-reaching consequences for patent litigation and innovation.
Tata Exec Defends Firing Practices In Discrimination Trial
Tata Consultancy Services Ltd.’s head of workplace effectiveness defended the company’s firing practices Thursday during a trial over class allegations that Tata discriminates against non-South Asians, testifying that the company recently raised its retention rates to over 80 percent of workers.
Electronics Co. Ducks Derivative Suit Over CEO's Stock Deals
A Delaware chancellor dismissed a derivative suit on Wednesday that claimed members of Richardson Electronics Ltd.’s board breached their fiduciary duties by failing to properly disclose or take action for three substantial repurchases of stock controlled by the company's CEO, citing a lack of reasonable doubt about the board’s good faith or due care.
Facebook Friendship Doesn't Require DQ, Fla. Justices Say
The Florida Supreme Court ruled Thursday that a Facebook friendship between a judge and a litigator is not on its own a legally sufficient basis for disqualification, although a majority of the justices took the position that judges should not be active on social media.
AI Processor Co. Habana Labs Nabs $75M Series B Funding
Artificial intelligence processor startup Habana Labs Ltd. on Thursday said it nabbed $75 million in an oversubscribed series B funding round led by Intel Corp.’s venture capital arm.
Cambridge Analytica Director Deemed Responsible In Ch. 7
The elusive director of scandal-plagued political consulting shop Cambridge Analytica LLC has been designated the "person responsible" for the bankrupt entity in its Chapter 7 case, a move that could aid the beleaguered attorneys at Schulte Roth & Zabel LLP who've been trying to withdraw as the debtor's counsel for months.
Holland & Knight Snags Another Reed Smith Pro As Partner
Holland & Knight LLP has lured a new partner to its New York office — a tech-focused intellectual property associate from Reed Smith LLP, who defended Google against Oracle’s copyright claims in district court.
Goodwin Taps Ex-Gunderson Pro With Capital Markets Chops
Global law firm Goodwin Procter LLP said it has hired a former Gunderson Dettmer capital markets attorney with extensive experience in the life sciences, telecommunications and technology industries to strengthen Goodwin’s technology companies, life sciences and capital markets practices.
Aviation Watch: Wheels Up For FAA Reauthorization
It’s impressive, in the current atmosphere of division and gridlock, that Congress managed to hammer out a five-year Federal Aviation Administration reauthorization bill, covering a wide range of important and often contentious matters, says Alan Hoffman, a retired attorney and private pilot.
Q&A A Chat With Bryan Cave Innovation Chief Katie DeBord
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Katie DeBord, chief innovation officer at Bryan Cave Leighton Paisner LLP.
How Law Firms Are Preparing For The Next Recession
The last major U.S. recession struck the legal industry a decade ago, obliterating some law firms and putting a large number of lawyers out of work. Here are a few ways law firms are positioning themselves to not only survive, but thrive when the next big economic downturn hits. Senate Shakeup Could Put Graham Atop Judiciary Panel
Sen. Chuck Grassley, R-Iowa, chairman of the Senate Judiciary Committee, announced Friday he would take over the Senate Finance Committee next Congress, setting the stage for Sen. Lindsey Graham, R-S.C., to take over the panel. Feature Meet The Judge Who Controls Fate Of ACA, Trump's AG
The Maryland federal judge in the extraordinary position to decide the future of both the Affordable Care Act and President Donald Trump’s acting U.S. attorney general is an evenhanded and genial jurist known for exhaustively analyzing legal issues, lawyers say. Stevens & Lee Defends Staffer's Firing In Sex Bias Suit
Stevens & Lee PC says it had legitimate reasons to terminate a legal assistant who claims in a federal lawsuit that she was fired for trying to take advantage of family leaves to deal with medical complications she and her daughter faced as she returned to work after giving birth. GC Cheat Sheet: The Hottest Corporate News Of The Week
A new survey of general counsel found that law department leaders are using more of their budget on internal legal services than on outside counsel, and Facebook Inc. announced it will no longer make its workers who claim they have been sexually harassed arbitrate their claims. These are some of the stories in corporate legal news you may have missed in the past week. Podcast Law360's Pro Say: CNN v. Trump
On this week's episode of Pro Say, we take a closer look at CNN's win in a legal battle with President Trump over the White House's ban on reporter Jim Acosta.
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