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Technology
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November 18, 2025
Kraken Valued At $20B In Latest Funding Round
Crypto exchange Kraken announced Tuesday it raised $800 million in a funding round that garnered a $200 million investment from Citadel Securities, valuing the crypto exchange at $20 billion.
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November 18, 2025
Fla. Judge Tosses Data Breach Suit Against Food Charity
A Florida federal judge tossed a proposed class action alleging a state food charity failed to protect its computer systems against a cyberattack, saying the lawsuit failed to state a claim.
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November 18, 2025
IBM, Qualcomm Lead Public Cos. In Patented Inventions
IBM Corp. holds the most patent families of all S&P 100 companies, followed by Qualcomm Inc. and Microsoft Corp., according to an IFI Claims Patent Services report released Tuesday.
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November 18, 2025
Cognizant Accused Of Retaliation Over Ex-Worker's Claims
A former employee of Cognizant Technology Solutions US Corp. claimed in Colorado state court Monday that the company retaliated against him for reporting a "make good" arrangement the company had with a client that he described as potentially illegal.
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November 18, 2025
FCC's Carr Backing Universal Service Reform After Court Win
Federal Communications Commission chief Brendan Carr told rural network providers Tuesday that he's working closely with lawmakers on long-term fixes for the Universal Service Fund, which supports connectivity across the country.
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November 18, 2025
States Can Intervene Over DOJ's HPE Merger Deal
A California federal court granted a request on Tuesday from state enforcers asking to participate in a review of the U.S. Department of Justice's controversial settlement allowing Hewlett Packard Enterprise to move ahead with its $14 billion purchase of Juniper Networks.
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November 18, 2025
Senate Dem Slams FCC's Carr Over Cybersecurity Plan
A top Senate Democrat on telecom issues blasted Brendan Carr, head of the Federal Communications Commission, on Tuesday for seeking to roll back an FCC cybersecurity ruling issued late in the Biden administration responding to the Salt Typhoon cyberattack.
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November 18, 2025
Polaris Hits Back At 'Settled Expectations' Fed. Circ. Fight
Polaris PowerLED says Sandisk Technologies Inc.'s Federal Circuit challenge to the U.S. Patent and Trademark Office's denial of patent reviews based on a patent owner's "settled expectations" is not any different from similar cases that have been rejected by the circuit court.
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November 18, 2025
DSW Faces Sony IP Suit Amid Jurisdictional Issues For Others
A California federal judge has ruled that Sony Music Entertainment and other music companies can proceed with a lawsuit that accuses DSW Shoe Warehouse of infringing song copyrights with social media ads, but the plaintiffs must do more to establish jurisdiction over other defendants.
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November 18, 2025
Rumble Alerts 9th Circ. To Recusal Bid Over Google Ties
Days after Rumble asked a California federal judge to consider recusal in the event the Ninth Circuit revives its antitrust lawsuit against Google, the video-sharing site flagged its recusal bid to the Ninth Circuit itself, filing a motion for judicial notice of the district court judge's friendship with Google's top in-house litigation chief.
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November 18, 2025
MVP: Covington's Emily Henn
Emily Henn of Covington & Burling LLP spent the past year helping clients like Papa John's, Bloomingdale's and Delta Air Lines notch wins in privacy lawsuits against them over personal data, including at the Third, Eighth and Ninth circuits, earning her a spot among the 2025 Law360 Technology MVPs.
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November 18, 2025
AI-Based Fintech Quantum Lending Secures $400M In Funding
Artificial intelligence-based fintech Quantum Lending Solutions announced Tuesday that it wrapped a $400 million financing round, which will be used to help the firm continue growing out its lending infrastructure.
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November 18, 2025
Conn. Atty Fined $500 For AI-Generated Errors In Wage Suit
In an order that noted an attorney's remorse, a Connecticut federal judge sanctioned a solo practitioner $500 this week for submitting a brief packed with false, AI-generated case citations, finding the fake authorities wasted court resources, risked misleading a pro se litigant and undermined trust in the judicial system.
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November 18, 2025
Judge Punts FTC Suit Over Meta's Instagram, WhatsApp Buys
A federal antitrust campaign against major technology platforms suffered a significant blow Tuesday with a D.C. federal judge's rejection of a Federal Trade Commission suit accusing Meta Platforms of illegally monopolizing social media through its purchases of WhatsApp and Instagram.
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November 17, 2025
Russia-Tied Payments Co. Escapes Investor Suit For Good
Payments company Qiwi PLC no longer faces investor claims it hid its noncompliance with Russian financial regulation and hurt investors when the company disclosed that a Russian central bank audit had led to a fine and certain payments restrictions.
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November 17, 2025
Salesforce, Clients Accused Of Ignoring Data Breach Scheme
Credit bureau TransUnion, airline Qantas and luxury goods seller Louis Vuitton — all clients of software company Salesforce Inc. — failed to adequately protect millions of users' data from a July "hub-and-spoke" data breach, a class action filed in California federal court claims.
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November 17, 2025
X Asks 9th Circ. To Let It Litigate Media Matters Suit In Ireland
X Corp. urged the Ninth Circuit on Monday to scrap an injunction blocking it from continuing to litigate its Irish-law defamation case against Media Matters in Ireland, arguing that the left-leaning watchdog waited too long to invoke a California forum-selection clause in X Corp.'s terms of service.
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November 17, 2025
Online Star Defends Actions In Megan Thee Stallion Scandal
Online personality Milagro "Mobz World" Cooper deflected blame for drawing attention to a deepfake porn video of rapper Megan Thee Stallion, saying she did not know it was fake as she took the stand Monday in Miami in the defamation trial against her.
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November 17, 2025
NetChoice Sues Virginia To Stop Social Media Limits For Kids
A trade group representing Facebook, X and other tech companies on Monday sued the state of Virginia over a new law that limits children's access to social media, its latest lawsuit against state government efforts to reduce online harm to minors.
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November 17, 2025
Engineer Gets 46 Months For Stealing Tech To Aid China
An engineer was sentenced by a California federal judge to 46 months in prison for stealing trade secrets regarding nuclear missile detection used by the government and planning to send it to the People's Republic of China, the U.S. Department of Justice announced Monday.
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November 17, 2025
Telehealth Co. Hims Sued Over College Student's Suicide
The family of a Washington State University student who died by suicide have sued telehealth company Hims & Hers Health Inc. in Washington state court, alleging their son was negligently prescribed an antidepressant known to carry a risk of suicide in adolescents despite his history of self-harm.
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November 17, 2025
DOJ Defends HPE Merger Deal As 'Prudent Compromise'
The Justice Department told a California federal judge to pay no heed to the "politicians and advocacy groups" opposing the controversial settlement clearing Hewlett Packard Enterprise's $14 billion purchase of Juniper Networks, arguing their concerns about improper lobbying influence are outside the scope of the court's review.
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November 17, 2025
Ky. Fights To Keep Its RealPage Battle In Play
Kentucky pushed back against several landlords' bid to escape an antitrust suit naming them alongside property management software company RealPage Inc., arguing in federal court that it provided direct evidence supporting its allegation of a conspiracy between the parties.
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November 17, 2025
Micron Tells Fed. Circ. $445M Netlist Verdict Was 'Overreach'
Micron wants the Federal Circuit to undo a Texas federal jury's finding that it owes $445 million for infringing Netlist computer memory patents, saying the verdict came "from overreach at every turn."
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November 17, 2025
PTAB Upholds Some Dish Network-Challenged Patent Claims
The Patent Trial and Appeal Board said Dish Network had successfully shown 13 claims in a patent held by Entropic Communications were unpatentable but four other claims could stand, after being ordered by U.S. Patent and Trademark Office Director John Squires to take a second look at the claims.
Expert Analysis
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USPTO Under Squires: A Look At The First Month
New U.S. Patent and Trademark Office Director John Squires' opening acts — substantive and symbolic — signal a posture that is more welcoming to technological improvements and focused on rebalancing the office's gatekeeping role, say attorneys at Seyfarth.
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Opinion
Expert Reports Can't Replace Facts In Securities Fraud Cases
The Ninth Circuit's 2023 decision in Nvidia v. Ohman Fonder — and the U.S. Supreme Court's punt on the case in 2024 — could invite the meritless securities litigation the Private Securities Litigation Reform Act was designed to prevent by substituting expert opinions for facts to substantiate complaint assertions, say attorneys at A&O Shearman.
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Glimmers Of Clarity Appear Amid Open Banking Disarray
The Consumer Financial Protection Bureau's vacillation over data rights rules has created uncertainty, but a recent proposal is a strong signal that open banking regulations are here to stay, making now the ideal time for entities to take action to decrease compliance risk, says Adam Maarec at McGlinchey Stafford.
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Opinion
High Court, Not A Single Justice, Should Decide On Recusal
As public trust in the U.S. Supreme Court continues to decline, the court should adopt a collegial framework in which all justices decide questions of recusal together — a reform that respects both judicial independence and due process for litigants, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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FTC's Consumer Finance Pivot Brings Industry Pros And Cons
An active Federal Trade Commission against the backdrop of a leashed Consumer Financial Protection Bureau will be welcomed by most in the consumer finance industry, but the incremental expansion of the FTC's authority via enforcement actions remains a risk, say attorneys at Hudson Cook.
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Amazon Ruling Marks New Era Of Personal Liability For Execs
A Washington federal court's recent decision in FTC v. Amazon extended personal liability to senior executives for design-driven violations of broad consumer protection statutes, signaling a fundamental shift in how consumer protection laws may be enforced against large public companies, say attorneys at Orrick.
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3 New Cyberinsurance Rulings Aid In Policy Interpretation
Although the cyberinsurance market has exploded, there is no standardized cyber language or form and only a few court decisions thus far interpreting cyberinsurance policy language, making these three recent rulings key for guiding policyholders, insurers and brokers, say attorneys at Haynes Boone.
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USPTO Panel's Reversal Signals A Shift On AI Patents
A recent patent ruling from a U.S. Patent and Trademark Office panel shows that artificial intelligence technologies remain patent-eligible when properly framed as technical solutions, and provides valuable drafting lessons for counsel, say attorneys at Butzel Long.
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Series
Traveling Solo Makes Me A Better Lawyer
Traveling by myself has taught me to assess risk, understand tone and stay calm in high-pressure situations, which are not only useful life skills, but the foundation of how I support my clients, says Lacey Gutierrez at Group Five Legal.
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Latest PTAB Moves Suggest A Subtle Recalibration
Recent decisions from the Patent Trial and Appeal Board, as U.S. Patent and Trademark Office Director John Squires transitions into his new role, offer new procedural and substantive tools for patent owners in procuring patent rights and enforcing them against would-be petitioners, say attorneys at Morgan Lewis.
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NY Zelle Suit Highlights Fraud Risks Of Electronic Payments
The New York attorney general's recent action against Zelle's parent company, filed several months after the Consumer Financial Protection Bureau abandoned a similar suit, demonstrates the fraud risks that electronic payment platforms can present and the need for providers to carefully balance accessibility and consumer protection, say attorneys at Weiner Brodsky.
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Series
Law School's Missed Lessons: Client Service
Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.
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How Occasional Activists Have Reshaped Proxy Fights
The sophistication and breadth of first-time activist engagement continue to shape corporate governance and strategic outcomes, as evidenced across corporate annual meetings this summer, meaning advisers should anticipate continued innovation in tactics, increased regulatory complexity, and a persistent focus on board accountability, say attorneys at MoFo.
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How The FTC Is Stepping Up Subscription Enforcement
Despite the demise of the Federal Trade Commission's click-to-cancel rule in July, the commission has not only maintained its regulatory momentum, but also set new compliance benchmarks through recent high-profile settlements with Match.com, Chegg and Amazon, say attorneys at Holland & Knight.
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Enter The Wu-Tang Ruling That May Change Trade Secret Law
A New York federal court's recent holding that a Wu-Tang Clan album qualifies as a trade secret provides the first federal framework for analyzing trade secret claims involving assets valued primarily for exclusivity, potentially reshaping Defend Trade Secrets Act jurisprudence for the digital economy, says Jason Bradford at Jenner & Block.