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Technology
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November 19, 2025
Crypto Exchange Kraken Files Confidential IPO Plans
Crypto exchange Kraken said Wednesday that it has confidentially filed with the U.S. Securities and Exchange Commission for an initial public offering, hot off an $800 million funding round.
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November 19, 2025
Nexstar Asks FCC To Waive Ownership Cap In Tegna Takeover
TV station giant Nexstar has asked the Federal Communications Commission to sign off on its pending acquisition of Tegna Inc. even though the $6.2 billion deal would breach existing FCC limits on national media ownership.
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November 19, 2025
Whoop Blood Pressure Tracker Hit With False Ad Suit
A consumer on Tuesday hit health and wellness wearable tech company Whoop Inc. with a proposed class action in California federal court alleging that its boasting of the blood pressure features of its fitness tracker duped consumers and prompted a warning from health regulators.
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November 19, 2025
Latham DQ'd From Sleep Apnea Device Co.'s Patent Fight
A Delaware federal court has disqualified Latham & Watkins LLP from representing the creator of a sleep apnea implant in its patent dispute after the firm served as counsel to the rival's underwriters, saying the "appearance of impropriety is glaring."
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November 19, 2025
Brookfield Launches $100 Billion AI Infrastructure Program
Brookfield Asset Management said Wednesday it is working with Nvidia and the Kuwait Investment Authority on a program to acquire up to $100 billion worth of infrastructure assets supporting artificial intelligence technology.
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November 19, 2025
MVP: Sullivan & Cromwell's Mike Ringler
Sullivan & Cromwell's technology group co-head Mike Ringler guided social media giant X to several financial agreements, including merging with xAI in a $113 billion transaction, earning him a spot as one of the 2025 Law360 Technology MVPs.
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November 19, 2025
Calif. Dems File Bill To Expand Tribal Internet Service
Two California Democrats have introduced legislation aiming to explicitly include tribal lands under the Communications Act to make sure they can gain access to federal support for broadband connectivity in rural areas.
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November 19, 2025
Troutman Owes $3.7M In Atty Fees After $1M Malpractice Loss
Troutman Pepper Locke LLP must pay $3.7 million in attorney fees to a healthcare tech company that won on malpractice claims against the firm in 2024 after six years of litigation and an eight-day bench trial, a New Jersey state judge has ordered.
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November 19, 2025
Pillsbury Asks 2nd Circ. To Guard $4M Client Fee From SEC
Pillsbury Winthrop Shaw Pittman LLP on Wednesday urged the Second Circuit to allow it to keep a $4 million advance payment retainer from the since-convicted former CEO of a bankrupt cybersecurity company, but the law firm conceded it should have clarified its rights after the government sought an asset freeze.
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November 19, 2025
Orrick Boosts Singapore Team With HSF Kramer Hire
Orrick Herrington & Sutcliffe LLP announced Wednesday that it has hired its first international arbitration partner in Singapore, welcoming a former Herbert Smith Freehills Kramer LLP partner with a history of representing clients in the energy, technology, infrastructure and manufacturing sectors.
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November 19, 2025
3 Firms Build $450M Blockfusion SPAC Merger
Data center infrastructure company Blockfusion USA Inc. on Wednesday unveiled plans to go public by merging with special purpose acquisition company Blue Acquisition Corp. in a $450 million deal that was built by three law firms.
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November 19, 2025
Wachtell Guides $1.9B Adobe Buy Of Davis Polk-Led Semrush
Adobe Inc. said Wednesday it has agreed to acquire Semrush Holdings Inc., a provider of search and brand visibility tools, for $12 per share in cash, valuing the company at about $1.9 billion.
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November 19, 2025
Simpson Thacher-Led DigitalBridge Clinches $11.7B 3rd Fund
Digital ecosystem-focused private equity shop DigitalBridge Group Inc., advised by Simpson Thacher & Bartlett LLP, revealed that it closed its third value-added digital infrastructure fund with $11.7 billion of total commitments.
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November 18, 2025
Sick With Cancer, Jack Abramoff Avoids Jail In Crypto Fraud
Disgraced Washington, D.C., lobbyist Jack Abramoff avoided a second stint in prison when a California federal judge sentenced him Tuesday to probation for his role in a cryptocurrency fraud, citing his cooperation with law enforcement and his stage-four cancer.
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November 18, 2025
Software Provider Can't Shake Suit Over AT&T Call Recordings
A California federal judge has refused to toss a putative class action accusing conversation analytics software provider Invoca Inc. of illegally recording AT&T customers' phone calls, finding that a pair of recent district court decisions supported the conclusion that the plaintiffs had adequately asserted a claim for wiretapping.
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November 18, 2025
TP-Link Accuses Wi-Fi Rival Netgear Of 'Smear Campaign'
TP-Link Systems Inc. has filed suit in Delaware federal court, accusing rival Wi-Fi hardware maker Netgear Inc. of again pushing an "unlawful smear campaign" that falsely casts TP-Link products as infiltrated by the Chinese government, despite agreeing in a recent settlement that it would no longer make disparaging claims about TP-Link's business.
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November 18, 2025
Citadel Securities, Virtu Face Claims Of 'Massive' Spoofing
Market makers Citadel Securities LLC and Virtu Americas LLC face a proposed class action alleging they used the illegal trading strategy known as spoofing to manipulate trading prices for a technology company, depressing the issuer's market capitalizations while enriching themselves.
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November 18, 2025
Broadband Permit Reforms Survive House Subcommittee
The House Communications and Technology Subcommittee had a productive morning Tuesday, consolidating 28 bills largely related to broadband permitting into seven and passing them along to the full committee for review.
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November 18, 2025
Colo. Justices Unsure On Limits For Borrowing Claims Rule
Colorado Supreme Court justices on Tuesday grappled with when an attorney has satisfied their requirements under Colorado law to conduct a "reasonable inquiry" when including pleadings from other litigation during oral arguments in CenturyLink's petition to have a securities class action dismissed for including anonymous claims from a different lawsuit.
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November 18, 2025
Plaintiffs Seek Meta Research Docs On Youth Users
Plaintiffs urged a Los Angeles judge to compel Meta to produce unredacted internal documents that they say show its attorneys changed company research about the effects of social media on the young, citing a recent order by a Washington, D.C., judge in related litigation.
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November 18, 2025
23andMe Seeks OK On Updated $9M Settlement
23andMe asked a Missouri bankruptcy judge to approve a deal that will modify a settlement with data breach claimants to encompass more claims and pay $9 million, saying doing so will avoid litigation.
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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.
Expert Analysis
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5 Ways Lawyers Can Earn Back The Public's Trust
Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.
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USPTO's AI Tool Redefines Design Patent Landscape
The U.S. Patent and Trademark Office's newly introduced DesignVision tool for artificial intelligence-powered image searching represents a dramatic shift in how design patent applications are examined, necessitating new strategies for patent practitioners, says Matthew Epstein at Dinsmore.
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Series
Hiking Makes Me A Better Lawyer
On the trail, I have thought often about the parallels between hiking and high-stakes patent litigation, and why strategizing, preparation, perseverance and joy are important skills for success in both endeavors, says Barbara Fiacco at Foley Hoag.
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6 Tips On Drafting Machine Learning Patents Post-Recentive
While the Federal Circuit's decision in Recentive v. Fox narrows the scope of patent-eligible machine learning applications, there are several drafting and prosecution strategies that may help practitioners navigate Section 101 challenges, say attorneys at BCLP.
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Regulating Online Activity After Porn Site Age Check Ruling
A recent U.S. Supreme Court decision upholding an age verification requirement for accessing online adult sexual content applied a lenient rational basis standard, raising questions for how state and federal courts will determine what kinds of laws regulating online activity will satisfy this standard going forward, say attorneys at Hogan Lovells.
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DC Circ. Ruling Augurs More Scrutiny Of Blanket Gag Orders
The D.C. Circuit’s recent ruling in In re: Sealed Case, finding that an omnibus nondisclosure order was too sweeping, should serve as a wake-up call to prosecutors and provide a road map for private parties to push back on overbroad secrecy demands, says Gregory Rosen at Rogers Joseph.
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Series
Law School's Missed Lessons: Negotiation Skills
I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.
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What EU GPAI Compliance Code Will Mean For Developers
The European Union recently released a code of practice to guide compliance for general purpose artificial intelligence models, offering early adopters regulatory deference, but posing timing concerns and significant costs burdens that may discourage smaller developers, say lawyers at Perkins Coie.
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Taxpayers Face Tough Choices Under NJ's New Nexus Rules
Though New Jersey’s new rules expanding the commercial nexus that triggers state taxation are likely to be challenged, businesses still need to carefully consider whether it’s best to minimize potential tax by reducing online customer support services or maintain their current instate services and begin paying tax, say attorneys at Husch Blackwell.
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AG Watch: Texas Embraces The MAHA Movement
Attorneys at Kelley Drye examine Texas Attorney General Ken Paxton's actions related to the federal Make America Healthy Again movement, and how these actions hinge on representations or omissions by the target companies as opposed to specific analyses of the potential health risks.
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Opinion
Bar Exam Reform Must Expand Beyond A Single Updated Test
Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.
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The Patent Eligibility Eras Tour: 11 Years Of Post-Alice Tumult
A survey of recent twists and turns in patent eligibility law highlights the confusion created by the U.S. Supreme Court's 2014 Alice decision and reveals that the continually shifting standards have begun to diverge in fundamental ways between the Federal Circuit and the U.S. Patent and Trademark Office, says Michael Shepherd at Fish & Richardson.
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Export Misconduct Resolutions Emphasize BIS, DOJ Priorities
The U.S. Department of Justice's and Bureau of Industry and Security's recently resolved parallel enforcement actions against semiconductor technology company Cadence Design demonstrate the agencies' prioritization of penalties for export control violations involving China, as well as the importance of voluntary self-disclosure, say attorneys at Fenwick.
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Disney Art Suit Will Test Recent AI Fair Use Boundaries
While the first U.S. rulings to address the issue recently held that it's fair use for generative artificial intelligence models to train on certain copyrighted books without permission, Disney v. Midjourney, filed in June, will test the limits of the fair use framework in a visual art context, says Rob Rosenberg at Moses & Singer.
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Location Data And Online Tracking Trends To Watch
Regulators and class action plaintiffs are increasingly targeting companies' use of online tracking technologies and geolocation data in both privacy enforcement and litigation, so organizations should view compliance as a dynamic, cross-functional responsibility as scrutiny becomes increasingly aggressive and multifaceted, say attorneys at Arnold & Porter.