A Texas-based retirement fund took another stab at a proposed California class action alleging Uber Technologies Inc. and its ex-CEO Travis Kalanick's illicit business tactics, corporate bullying, institutionalized harassment and rampant flouting of the law cost investors billions.
Europe’s competition enforcer said Thursday that it had formally dropped its case seeking to force Ireland to recover €13 billion ($14.9 billion) in alleged illegal state aid from Apple Inc., after the company gave the Irish government the back taxes plus interest to hold while they both appeal the underlying state aid decision.
Microsoft astonished some in the tech community by joining the Open Innovation Network, a group of companies that provide each other free licenses to patents covering the Linux operating system, but attorneys say it's a smart move to bolster Microsoft's cloud computing business.
Intel told the Ninth Circuit on Thursday that a lower court properly found that an ex-employee’s putative class action alleging the company unwisely invested workers' retirement funds was time-barred, arguing that offering electronic access to investment documents would be enough to put even a hypothetical coma patient on notice of possible Employee Retirement Income Security Act claims.
A controversial lawsuit filed last week over a list of men accused of sexual misconduct included a pointed threat to unmask the women who contributed to the document, setting the stage for a potential First Amendment battle over anonymous online speech.
Satellite companies told the Federal Communications Commission in filings posted Thursday that it should recommend that the decisions made at next year's World Radio Conference be a balance between keeping the domestic uses of spectrum bands in place and adopting consistent rules globally.
Facebook urged a California federal judge on Wednesday to toss an aromatherapy business owner’s putative class action alleging the social media giant bolsters its advertising revenue by inflating the potential reach of demographic figures provided to its clients, saying it expressly told advertisers the figures might not align with third-party calculations.
Japan's Toshiba Corp. has asked the U.S. Supreme Court to review the Ninth Circuit's revival of a proposed class action alleging misstatements made in the company’s home country caused the price of American depositary shares to fall, saying the supposed misconduct occurred entirely in the Asian country.
A recent Treasury Department report proposed a host of ideas for boosting development in America's financial technology sector and keeping it globally competitive, including a "sandbox" for experimenting with new products and services, but experts say a morass of regulatory agencies makes building such a playground difficult in the U.S.
The 2015 net neutrality rules created inequalities for low-income communities and discouraged internet service providers from offering free services, supporters of last year’s rule repeal told the D.C. Circuit in the latest round of amicus brief filings on Thursday.
A former Huawei employee on Wednesday accused the Chinese smartphone maker of using its case against his U.S.-based startup to steal intellectual property, calling it the “latest in a long line of underhanded tactics” to help China become a global tech leader.
Vista Equity Partners has raised $11.4 billion for its seventh fund, Palantir Technologies Inc. is considering going public, and Warburg Pincus is weighing selling off Navitas Midstream Partners LLC for $3 billion.
A trade group for satellite TV providers has urged Congress to reauthorize a law that lets them transmit distant broadcast signals to rural customers before the statute sunsets next year, saying thousands of viewers could otherwise lose network channels.
A handful of trade organizations filed suit against Vermont on Thursday over two net neutrality policies intended to make local providers follow open-internet principles, saying the state was deliberately trying to revive discontinued Federal Communications Commission policy.
The FCC has received the first round of public comments on how it should apply restrictions on automatic telephone dialing systems under the Telephone Consumer Protection Act in the wake of the Ninth Circuit's decision in Marks v. Crunch San Diego, with businesses and industry groups largely advocating a narrow interpretation of the law.
Microsoft’s former director of sports marketing and alliances has been indicted on wire fraud charges for selling $200,000 worth of Super Bowl tickets paid for by the software giant and pocketing a fraudulent $750,000 invoice, prosecutors announced Wednesday.
The growth equity division of private equity firm HIG Capital on Thursday wrapped up its latest fund after securing $970 million from limited partners, with plans to focus on tech-enabled business services, software, digital ad-tech, e-commerce, internet services, health care and industrial technology.
Nokia Technologies Oy has thrown its support behind Core Wireless Licensing SARL's bid asking the Federal Circuit to reinstate a $7.3 million jury verdict for patent infringement against Apple Inc., arguing in a Tuesday brief that the panel was wrong to find that one of Core Wireless' cellular patents might be unenforceable.
The New York Times asked a Florida federal court Wednesday to unseal documents filed by both sides of a Russian tech executive’s defamation lawsuit against BuzzFeed over its publishing of a dossier alleging ties between Russia and President Donald Trump.
Pointing to unchecked, "erratic" behavior by Tesla founder Elon Musk and board failures to head off recent, costly consequences, a company shareholder launched a derivative suit in Delaware’s Chancery Court on Wednesday, seeking damages and governance reforms.
In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.
Blockchain-powered tools may revolutionize health care by allowing providers to easily exchange medical and health records while still protecting patients' information, but entrepreneurs must carefully consider novel legal challenges and questions, say Jonathan Gordon and Jesse Welsh-Keyser of Alston & Bird LLP.
Increasing tariffs, new scrutiny of foreign investments in U.S. companies, and export controls over “emerging and foundational” technology are part of a Trump administration strategy to advance national security objectives using economic tools. These measures are ushering in a new era of trade restrictions, say attorneys with Kirkland & Ellis LLP.
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 Pier D'Angelo, chief pricing and practice officer at Allens.
In the first article of this special series on the Trump administration's trade policies, attorneys from Covington & Burling LLP explore how a notable increase in U.S. anti-dumping and countervailing duty enforcement actions is creating significant compliance challenges for foreign companies and U.S. importers.
With some companies planning to launch proprietary 5G services by the end of this year, attorneys should prepare for certain legal issues, such as the internationalization of 5G royalties and the challenge of calculating royalties for 5G-related patents, say Ranganath Sudarshan and Jason Reinecke of Covington & Burling LLP.
The insider trading action against certain Fortress securities traders is one more example of the U.S. Securities and Exchange Commission relying upon analytical data to pursue what may be suspicious activity. But a New Jersey federal court's recent decision in the case reinforces that suspicious trades are not enough, say attorneys with DLA Piper.
A clearly delineated regulatory framework would go a long way in providing the certainty necessary for the digital asset economy to thrive, analogous to the stabilizing effect the formation of the U.S. Securities and Exchange Commission had on the stock market after the 1929 crash, says Anna Fridman of Spring Labs.
Are companies such as Facebook, Amazon, Twitter and Google stifling free speech on their platforms? If the answer top antitrust regulators arrive at is “yes,” then significant new risks could be coming for not only these tech behemoths, but any businesses that utilize their platforms — in the U.S. or abroad, say attorneys at Kobre & Kim LLP.
The Committee on Foreign Investment in the United States has announced a pilot program to review noncontrolling foreign investments in certain U.S. industries that were formerly outside the scope of its jurisdiction. This is a rapid assertion of CFIUS' new powers under the Foreign Investment Risk Review Modernization Act, say attorneys with Ropes & Gray LLP.