An investor in a bankrupt Illinois information technology company agreed on Thursday to pay the U.S. Securities and Exchange Commission $450,000 after he allegedly aided former top company executives in a fraud scheme to embezzle $4.1 million.
In a partial dissent from a decision handing Google, Apple, AOL and Yahoo a win in a patent infringement suit, a Federal Circuit judge on Friday slammed the U.S. Supreme Court’s 2014 Alice decision, expressing frustration with its definitions of “abstract ideas” and “inventive concepts.”
Facebook Inc. has suspended social media analytics firm Crimson Hexagon from using its platform, it announced Friday, saying it would look into whether the company’s work under contracts with federal agencies and a contract with a firm allegedly tied to the Russian government violate its user data policies.
Boston-based State Street Corp. on Friday said it agreed to buy privately held Charles River Development for $2.6 billion in cash, a deal the bank said will help it provide asset managers and owners with a “global front-to-back platform.”
The National Defense Authorization Act won’t include a U.S. Senate-backed provision that would have barred ZTE Corp. from buying American components, according to a series of public statements issued Friday from a bipartisan group of lawmakers incensed about the turnaround.
The last week has seen a slew of consumer goods distributors and insurers sue shipper MSC Mediterranean, a Nigerian bank take on one of the country's politicians and businessmen and U.S. tech company Ivanti lodge a claim against the venture capital firm it bought a digital workplace startup from.
In Law360's latest roundup of new actions at the Trademark Trial and Appeal Board, Apple files a slew of new cases in a single week, Stone Brewing picks another fight with an alcohol giant, and T-Mobile says a rival "T" logo is confusingly similar to its own.
Online attackers have breached Singapore's largest health care database and have stolen personal records belonging to about 1.5 million people, in a haul that included a list of the prime minister's medications, officials said Friday.
A California judge appeared unswayed Friday by an attorney who argued the judge should change his mind and certify a class of consumers who accuse Apple Inc. of "watering down" movies and shows that are advertised as high-definition, so they can be downloaded nearly instantaneously on Apple TV products.
A coalition of local governments has blasted Sprint before the Federal Communications Commission for making conflicting claims about municipalities impeding the rollout of the next generation of broadband on the one hand while touting the company's expansion of 5G infrastructure to customers on the other, saying its criticisms simply don't "hold up."
President Donald Trump said Friday that he is ready to levy tariffs against $500 billion worth of Chinese goods in his campaign to counter Beijing’s intellectual property and technology acquisition rules, which would cover nearly every product shipped to the U.S.
A California judge on Friday preliminarily approved Apple Inc.’s $16.5 million deal with a certified class of 4 million customers who have accused the tech giant of automatically renewing application subscriptions on their iPads, AppleTVs and iPhones without their consent.
A Nevada federal judge has ordered attorneys in a competition dispute between data service centers to be more professional toward one another, saying the court was "not impressed" with the attorneys' "overheated rhetoric or personal attacks" and that the amount of back and forth on simple discovery motions was "ridiculous."
The federal government will start notifying the public and companies when it uncovers so-called foreign influence operations like the Russian involvement in the 2016 U.S. presidential election, Deputy Attorney General Rod Rosenstein said Thursday as he released a report put out by the Cyber-Digital Task Force on cyber threats to the nation.
A California state judge tapped the brakes on Uber’s bid to end claims it stole an inventor’s ride-sharing concept, saying Thursday she would wait until the man finds a new attorney — even after Uber pointed out “a troubling pattern,” noting the plaintiff had terminated contracts with three consecutive law firms in the case.
The top liability concern facing American businesses is cybersecurity, while securities suits and other investors’ claims are being put on the back burner, according to a survey of 77 directors and officers from companies across various industries and geographic regions released Thursday.
Amdocs and Openet reached a licensing deal to end a patent infringement dispute over computer network monitoring technology that at one point saw a split Federal Circuit panel make a rare reversal of a lower court’s invalidation of the patents under Alice, the companies said Thursday.
A Swiss tech company slapped Philips with an antitrust lawsuit Thursday in California federal court, claiming the Dutch multinational reneged on its pledges to license its standard-essential cellular technology patents on fair, reasonable and nondiscriminatory terms.
The Recording Industry Association of America's former senior vice president of litigation and legal affairs is joining the San Francisco-based Coblentz Patch Duffy & Bass LLP as a partner, the firm announced Wednesday.
The Patent Trial and Appeal Board rejected challenges from a group of financial services firms to two document retrieval patents Thursday, finding their arguments that the patents are invalid under the U.S. Supreme Court’s Alice test too closely resembled those made separately by Fidelity Information Services LLC.
In the first half of 2018, technology that determines where you are and who you are garnered significant attention. Less discussed are the legislative efforts underway in the federal government and in many states to regulate these emerging technologies, says Justin Kay of Drinker Biddle & Reath LLP.
Crypto markets experienced a sharp downturn in the first half of 2018. But strategically positioned blockchain-related patent and trademark rights can help keep a company financially and technologically relevant through even turbulent times, say attorneys with Finnegan Henderson Farabow Garrett & Dunner LLP.
People with certain personality traits tend to use certain words. A computer analysis of Judge Brett Kavanaugh’s D.C. Circuit opinions reveals that he is highly extraverted, which means that he would be a prominent voice on the U.S. Supreme Court, says Matthew Hall, a professor at the University of Notre Dame.
Two recent copyright decisions reflect a challenge for companies seeking to protect their software — courts' highly nuanced examinations of the functionality and structure of the software at issue in determining whether copyright protection is warranted, says Mark Moore of Reavis Page Jump LLP.
Experts debate the best strategy for the U.S. Department of Defense's technological leap forward. Options include public-private partnerships and open systems architecture. Innovation is best served by the latter, says Daniel Schoeni, a judge advocate with the U.S. Air Force.
The Delaware Chancery Court's recent decision in Alarm.com v. ABS highlights the tension an emerging company often faces with its potential outside investors over its trade secrets, say Josh Fowkes and Brandi Howard of Arent Fox LLP.
An educated guess puts the number of new litigation funders launched in the past 18 months at 30 — an astonishing number, with more to come. Is this a blessing to our legal system or something more akin to tulip mania? Maybe both, says Ralph Sutton, founder and CEO of litigation funding firm Validity Finance LLC.
While U.S. District Judge Richard Leon was careful to note that his opinion in the AT&T-Timer Warner merger trial was narrow, his evaluation of the evidence undercut the government's theoretical economic model in a way that may have broader applications, says John Dubrow of McDermott Will & Emery LLP.
As new communications platforms displace email, the legal industry is awkwardly grappling with complex e-discovery questions. Fortunately, this environment provides a very fertile ground of incentives for innovation in both e-discovery technology and service offerings, says Thomas Bonk of Epiq.
The U.S. Patent and Trademark Office's proposed rule changing claim construction in post-grant proceedings before the Patent Trial and Appeal Board is likely to be adopted in some form. In view of the 300 comments submitted over the last two months, we have a few predictions and some questions, say attorneys with Faegre Baker Daniels LLP.