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May 14, 2026
A BigLaw attorney who was able to move through three major firms while allegedly orchestrating a massive insider trading scheme may have been aided by relatively loose hiring practices for associates that firms may consider strengthening moving forward, recruiting experts told Law360.
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May 14, 2026
OpenAI is urging a California federal judge to overturn a preliminary injunction barring the company from using "IO" as a trademark for AI hardware, arguing it has abandoned all federal applications for the mark and has no plans to use it.
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May 14, 2026
A year after the Trump administration abruptly pulled funds set aside for digital equity grants, Democratic lawmakers are joining with public interest groups in trying to block a budget proposal that would permanently stamp out the program.
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May 14, 2026
Cybersecurity and cloud company Akamai Technologies Inc. on Thursday announced plans to acquire Tel Aviv-based tech company LayerX in a $205 million deal.
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May 14, 2026
U.S. Patent and Trademark Office Director John Squires has terminated reviews of three data processing patents challenged by Advanced Micro Devices Inc. after finding AMD violated a stipulation to limit its invalidity arguments in court.
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May 14, 2026
The bankrupt education technology company Conscious Content Media on Thursday neared confirmation of its Chapter 11 reorganization plan, after a Delaware judge said he will grant his approval once documents are finalized for $20 million of exit financing.
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May 14, 2026
A rural telephone company in Colorado has agreed to pay $80,000 and create a compliance plan to resolve a Federal Communications Commission probe into whether it provided unauthorized service.
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May 14, 2026
A Georgia federal court should deny a bid for discovery aimed at disqualifying Ogletree Deakins Nash Smoak & Stewart PC from defending a security company against discrimination claims because the request stems from the plaintiff's lawyer's "personal grievances," the company said Thursday.
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May 14, 2026
Alcoholic drink maker Brown-Forman rejected rival Sazerac's $15 billion takeover offer; fintech Digital Asset is seeking a $2 billion valuation with its latest funding round; and shoemaker Skechers has upped its offer to settle an investor lawsuit.
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May 14, 2026
Intellectual property boutique Sterne Kessler Goldstein & Fox PLLC announced it has partnered with Thomson Reuters Corp. to develop an artificial intelligence workflow within CoCounsel Legal to analyze patent eligibility under Section 101.
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May 14, 2026
Iridium Communications Inc. said Thursday it has agreed to acquire the remaining stake in Aireon LLC for nearly $367 million, consolidating full ownership of the space-based aircraft surveillance provider in a deal steered by three law firms.
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May 14, 2026
The U.S. Department of Defense would be banned from using any Chinese-made point-of-sale technology — devices like those that allow people to tap their cards to pay — in its buildings, if one Republican congressman gets his way.
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May 14, 2026
An Ohio man told a district court that the Internal Revenue Service wrongly denied his tax deduction claim for a loss of over $800,000 from a cryptocurrency "pig butchering" scheme despite the extensive documentation of the fraud he said he provided to the agency.
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May 14, 2026
NCR Corp. will pay nearly $48 million to resolve a class action from former executives who alleged the software company broke its promise to send them annuity payments for life, the workers told a Georgia federal court.
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May 13, 2026
A Toyota mobility systems foundation stole trade secrets from a small Zimbabwean social enterprise by inducing the enterprise to share its proprietary mobility solutions through a joint venture agreement before excluding the enterprise from a "Smart Village" program they collaborated on, the enterprise has alleged in California federal court.
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May 13, 2026
Microsoft's chief technology officer testified in a California federal jury trial Wednesday over Elon Musk's challenge to OpenAI's for-profit conversion, recalling that he proposed Microsoft invest significant resources into OpenAI's for-profit arm to stay competitive despite his initial concerns over whether OpenAI's nonprofit donors had agreed to the for-profit partnership.
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May 13, 2026
A California federal judge has refused to toss a proposed class action accusing Anschutz Entertainment Group of illegally using tracking tools that transmitted website visitors' data to third parties, finding that two of the plaintiff's three wiretap and privacy claims could move forward and that her status as a website "tester" did not preclude her from pressing the suit.
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May 13, 2026
The Rural Broadband Protection Act, which aims to establish a vetting process for internet service providers who are taking part in the Federal Communications Commission's "high cost" program, has finally made it into law after being filed several times over the last couple of years.
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May 13, 2026
A Georgia mother accused gaming giant Roblox Corp. of turning her 13-year-old son into an unpaid game developer who worked more than 40 hours weekly, funneling him and millions of other children into a virtual currency system designed to trap their labor, according to a proposed class action filed in New York federal court.
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May 13, 2026
Artificial intelligence computing company Cerebras Systems Inc. raised roughly $5.6 billion in its blockbuster initial public offering that priced above range late on Wednesday, representing the largest IPO this year.
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May 13, 2026
A Blackstone real estate investment trust focused on data centers is set to begin trading Thursday after raising $1.75 billion in an initial public offering, advised by Simpson Thacher & Bartlett LLP and underwriters' counsel Paul Hastings LLP.
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May 13, 2026
Tesla shareholders, whose breach of fiduciary duty suit against Elon Musk and the automaker's directors was dismissed last month following the company's move to Texas, appealed the dismissal to the Delaware Supreme Court on Wednesday.
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May 13, 2026
A Super Micro Computer Inc. investor says he suffered losses as a result of a secret and illegal sale of servers embedded with Nvidia chips to China and the company's misleading statements, leading to a drop in its stock price, according to a proposed class action in California federal court.
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May 13, 2026
A D.C. federal judge said Wednesday she would not simply "rubber-stamp" a deal to abruptly end the U.S. Securities and Exchange Commission's lawsuit against Elon Musk over his initial purchase of Twitter Inc. stock in 2022, asking at a status conference if Musk was getting special treatment.
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May 13, 2026
A Texas-based technology company has launched new patent infringement suits at district courts in the Lone Star State and Delaware as well as at the U.S. International Trade Commission, targeting companies such as Nvidia Corp., Corsair Gaming and Western Digital.