Technology

  • May 14, 2025

    Venture-Backed Tech IPOs Forge Ahead As Momentum Builds

    Venture-backed mobile banker Chime Financial Inc. has filed for an initial public offering, while advertising technology platform MNTN Inc. unveiled a price range on an estimated $176 million listing, marking the latest developments this week to bolster the IPO pipeline.

  • May 14, 2025

    Trump Scraps Biden-Era Restrictions On AI Chip Exports

    The U.S. Department of Commerce announced Tuesday it has rescinded guidelines on artificial intelligence technology exports issued under former President Joe Biden, saying it would take other steps "to strengthen export controls" on AI semiconductor chips.

  • May 14, 2025

    Health Co. Founder Pleads Guilty In $5M Fraud Case

    A Florida man who operated a health monitoring company geared toward keeping substance-addicted people from relapsing has admitted to bilking investors out of $5 million by misstating interest in the firm, the U.S. attorney's office in Philadelphia said.

  • May 14, 2025

    Grant & Eisenhofer Exits Tech Co. Ch. 11 After Watchdog Balk

    Insolvent technology firm AgileThought's special litigation counsel, Grant & Eisenhofer, said it was withdrawing from representing the debtor after the U.S. Trustee objected to a plan to have the firm also represent AgileThought's prepetition lender and the buyer of its assets, Blue Torch Finance LLC.

  • May 14, 2025

    Stewart Orders PTAB Officials To Review Axed LED Patent

    Acting U.S. Patent and Trademark Office Director Coke Stewart has ordered a panel of Patent Trial and Appeal Board leaders to review whether a Polaris LED driver patent was properly invalidated.

  • May 14, 2025

    SaaS-Focused PE Firm Raises $390M For Second Fund

    San Francisco-based private equity firm Nexa Equity, advised by Kirkland & Ellis LLP, on Wednesday revealed that it closed its second fund with more than $390 million in commitments.

  • May 14, 2025

    NFL Blows Whistle On 'Brazen' Antitrust Suit Over Bluesky

    The NFL has asked a New York federal court to toss an antitrust lawsuit filed by two fans accusing the organization of unlawfully keeping its teams off emerging social media platform Bluesky, saying the law does not give customers a right to consume content on their specific websites of choice.

  • May 14, 2025

    Judiciary To Share Pros, Cons Of AI For Courts With Congress

    The federal judiciary is looking at the benefits and drawbacks of artificial intelligence for the court system and will share its discoveries with Congress, top officials testified on Wednesday.

  • May 14, 2025

    Skadden-Led Crypto Platform EToro Prices Upsized $620M IPO

    Crypto-friendly trading platform eToro Group Ltd. soared in debut trading Wednesday after it priced an upsized $620 million initial public offering above its range, guided by Skadden Arps Slate Meagher & Flom LLP in an offering that enlisted four law firms total.

  • May 14, 2025

    Walmart Hit With $223M Verdict In Trade Secrets Fight

    An Arkansas federal jury has awarded Zest Labs Inc. nearly $223 million in a suit that had accused Walmart of swiping the startup's trade secrets related to shelf-freshness technology.

  • May 14, 2025

    Databricks Buying Cloud Database Co. Neon In $1B Deal

    Databricks said Wednesday it has agreed to acquire Neon, a startup offering a serverless version of the open-source Postgres database system, in a roughly $1 billion deal, as it expands its platform to better serve developers and artificial intelligence workloads.

  • May 14, 2025

    Withers Brings On Baker McKenzie Tech Litigator In SF

    Withers is expanding its West Coast team, bringing in a Baker McKenzie technology litigator as a partner in its San Francisco office.

  • May 13, 2025

    'Are We Dating The Same Guy?' Defamation Suit Gets Tossed

    An Illinois federal judge Tuesday threw out a Chicago-area man's suit over allegedly false sexual misconduct accusations on an "Are We Dating the Same Guy?" Facebook page, ruling that the comments made in the group were statements of opinion and thus not actionable.

  • May 13, 2025

    PTAB Ramps Up Fintiv Denials After Withdrawal Of Memo

    Weeks after the U.S. Patent and Trademark Office withdrew a memo that limited when patent challenges could be rejected based on parallel litigation, the Patent Trial and Appeal Board has denied dozens of petitions by citing upcoming trials, mostly in the Eastern District of Texas.

  • May 13, 2025

    Feds Say Crypto Developer's Money Transmitter Suit Isn't Ripe

    The U.S. Department of Justice urged a Texas federal judge to cut through a lawsuit seeking to protect forthcoming crypto crowdfunding software from an enforcement action, arguing the software developer's purported business plan stands apart from the DOJ's crypto money transmission prosecutions.

  • May 13, 2025

    X Says Elon Musk Can't Sit For Media Matters Deposition

    X Corp. told a Texas federal judge that left-leaning watchdog Media Matters for America cannot make billionaire CEO Elon Musk sit for a deposition in X's disparagement suit, saying Musk lacks specific knowledge about the case and is "one of the busiest men on the planet."

  • May 13, 2025

    DOJ Antitrust Deputy Says Gov't 'Out-Lawyered' Google

    The deputy head of the U.S. Justice Department's Antitrust Division took a victory lap Tuesday after dual monopolization wins over Google's search and advertising technology businesses, citing the cases as proof that the government's attorneys can win in a "David versus Goliath" battle.

  • May 13, 2025

    FTC Remains Concerned With Merger 'Underenforcement'

    A Federal Trade Commission official emphasized Tuesday that Trump administration merger enforcers are worried about taking insufficient action against tie-ups, as they stand by Biden-era guidelines meant to enshrine a more aggressive tack against corporate concentration.

  • May 13, 2025

    Intel Schemed To Duck $1B In Mobileye Losses, Investors Say

    Intel Corp. used its position as Mobileye Global's controlling shareholder and fiduciary to strategically offload $1.6 billion in stock ahead of an announcement that tanked stock prices, according to a shareholder derivative suit filed Monday in Delaware Chancery Court.

  • May 13, 2025

    Google Spars With AGs Over Impact Of DOJ Ad Tech Ruling

    Google is telling a Texas federal judge that its recent ad tech trial loss to the U.S. Department of Justice in the Eastern District of Virginia should have no bearing on the similar case brought in Texas by state attorneys general because the Virginia ruling is not yet final.

  • May 13, 2025

    Snap Denies It Caused Users' Fentanyl Overdose Deaths

    Snap has hit back at dozens of claims by parents of children who suffered fatal overdoses from fentanyl-laced pills acquired through the social media platform, saying many had a history of drug use, were themselves dealers or acquired drugs through other means.

  • May 13, 2025

    Target Slapped With Class Action Over IPhone Warranties

    Target Corp. is facing a proposed class action alleging it misled cellphone buyers about who is responsible for repairs, how much repairs cost and the warranty terms for its phones.

  • May 13, 2025

    Did AI Co. Anthropic's Expert Cite AI-Hallucinated Study?

    Music publishers claiming artificial intelligence company Anthropic infringed their works to train its AI models told a California federal magistrate judge Tuesday that an Anthropic expert witness cited a "fictitious" AI-generated study in a recently filed declaration, urging the judge to sanction the company's Latham & Watkins attorneys for not catching the issue.

  • May 13, 2025

    FTC Says It Won't Enforce 'Click To Cancel' Until July

    The Federal Trade Commission, currently only staffed with Republicans following President Donald Trump's firing of the remaining two Democratic commissioners, has decided to pump the brakes on its plan to start enforcing the agency's new "click to cancel" rule this month.

  • May 13, 2025

    SEC Inks Judgement In Telecom Execs' Inflated Revenue Suit

    The former CEO and CFO of a bankrupt telecommunications software provider have cut a deal with the U.S. Securities and Exchange Commission that will ban them from ever again serving as head or officer of a public company.

Expert Analysis

  • Series

    Teaching College Students Makes Me A Better Lawyer

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    Serving as an adjunct college professor has taught me the importance of building rapport, communicating effectively, and persuading individuals to critically analyze the difference between what they think and what they know — principles that have helped to improve my practice of law, says Sheria Clarke at Nelson Mullins.

  • 5 Areas Contractors Should Watch After 1st 100 Days

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    Federal agencies and contractors face challenges from staff reductions, contract terminations, pending regulatory reform and other actions from the second Trump administration's first 100 days, but other areas stand to become more efficient and cost-effective, say attorneys at Thompson Hine.

  • Planning For Open Banking Despite CFPB Uncertainty

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    Though pending litigation or new Consumer Financial Protection Bureau leadership may reshape the Biden-era regulation governing access to consumer financial data, companies can use this uncertain period to take practical steps toward an open banking strategy that will work regardless of the rule’s ultimate form, says Adam Maarec at McGlinchey Stafford.

  • Why Attys Should Get Familiar With Quantum Computing

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    Quantum computing is projected to pose significant updates to current practices in cryptography, making the issue relevant to policymakers and the legal profession generally, particularly when it comes to data storage, privacy regulations and pharmaceutical industry market changes, say professors at the University of San Francisco.

  • Series

    Adapting To Private Practice: From DOJ Enviro To Mid-Law

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    Practitioners leaving a longtime government role for private practice — as when I departed the U.S. Department of Justice’s environmental enforcement division — should prioritize finding a firm that shares their principles, values their experience and will invest in their transition, says John Cruden at Beveridge & Diamond.

  • A Look At Probabilistic Tracing After High Court's Slack Ruling

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    Recent decisions following the U.S. Supreme Court's 2023 ruling in Slack v. Pirani have increased the difficulty of pleading Securities Act claims for securities issued in direct listings by rejecting the use of statistical probabilities to establish that share purchases were traceable to a challenged registration statement, says Jonathan Richman at Brown Rudnick.

  • 3 Change Management Tools To Boost Compliance Efforts

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    As companies grapple with rapidly changing regulations and expectations, leaders charged with implementing their organizations’ compliance programs should look to change management principles to make the process less costly and more effective, says Liisa Thomas at Sheppard Mullin.

  • Trump DOE's Plan On AI Offers Challenges, Opportunities

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    The Trump administration's push to make federal land available for development of artificial intelligence data centers follows a similar Biden administration proposal — but a new request for information from the U.S. Department of Energy envisions a rapid timeline that may prove challenging for both the DOE and industry stakeholders, say attorneys at HWG.

  • NY Tax Talk: Sourcing, Retroactivity, Information Services

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    Attorneys at Eversheds Sutherland examine recent decisions by New York’s Tax Appeals Tribunal, Division of Taxation and Court of Appeals on location sourcing of broker-dealer receipts, a case of first impression on the retroactive application of Corporate Franchise Tax regulations and when fees for information services are excluded from taxation.

  • Legal Ethics Considerations For Law Firm Pro Bono Deals

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    If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with specific terms, which would mitigate some potential conflict of interest problems, says Andrew Altschul at Buchanan Angeli.

  • Series

    Playing Football Made Me A Better Lawyer

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    While my football career ended over 15 years ago, the lessons the sport taught me about grit, accountability and resilience have stayed with me and will continue to help me succeed as an attorney, says Bert McBride at Trenam.

  • 10 Arbitrations And A 5th Circ. Ruling Flag Arb. Clause Risks

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    The ongoing arbitral saga of Sullivan v. Feldman, which has engendered proceedings before 10 different arbitrators in Texas and Louisiana along with last month's Fifth Circuit opinion, showcases both the risks and limitations of arbitration clauses in retainer agreements for resolving attorney-client disputes, says Christopher Blazejewski at Sherin and Lodgen.

  • AI Use Of Hollywood Works: The Case For Statutory Licensing

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    Amid entertainment industry concerns about how generative artificial intelligence uses its copyrighted content, a statutory licensing framework may offer a more viable path than litigation and petitions — one that aligns legal doctrine, economic incentives and technological progress, says Rob Rosenberg at Telluride Legal.

  • Keys To Handling Digital Investigations In Pharma IP Litigation

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    In the high-stakes realm of pharmaceutical intellectual property litigation, efficient e-discovery and digital investigation workflows are essential to supporting strategic arguments, building defensible cases and proving that the requirements for market entry have been adequately met, says Jerry Lay at FTI Consulting.

  • Perspectives

    The Benefits Of Aligning States On Legal Paraprofessionals

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    Texas' proposal to become the latest state to license paraprofessional providers of limited legal services could help firms expand their reach and improve access to justice, but consumers, attorneys and allied legal professionals would benefit even more if similar programs across the country become more uniform, says Michael Houlberg at the University of Denver.

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