Airbnb Inc. said Tuesday that it will limit hosts in Portland, Oregon, to posting listings for a single address, addressing concerns the home-sharing platform may have a negative effect on available housing stock in the city.
Qualcomm Inc. was hit with a proposed class action in California federal court Monday alleging the company and its top officials misled investors and inflated share prices in the wake of Federal Trade Commission and Apple lawsuits alleging the company engaged in anti-competitive behavior with cellphone makers over its baseband processors.
A proposed $34 billion merger between CenturyLink and Level 3 Communications would reduce competition, raise prices and hamper the expansion of fiber infrastructure for business broadband, pro-competition telecommunications trade group Incompas told the Federal Communications Commission on Monday.
Nortel Networks Inc. won confirmation of its Chapter 11 plan in both Canada and the Delaware bankruptcy court Tuesday, eight years after the defunct telecom filed for bankruptcy protection, capping off a lengthy saga that included an unprecedented international dispute over how to divide $7 billion asset sale proceeds.
Amazon.com Inc. on Tuesday agreed to change its e-book contracts with publishers in the European Union in light of an antitrust investigation spurred by concerns the contracts fostered anticompetitive behavior in the region, according to a news release from the European Commission.
A New Jersey seller of reconditioned and refurbished items asked a federal judge not to dismiss its suit against Fitbit Inc. on Monday, arguing that their dispute over the resale of the fitness device maker’s products belongs in New Jersey’s federal courts.
Busch unveiled plans Tuesday to take a controlling stake in Pfeiffer Vacuum in a deal that values the rival’s equity at €949 million ($1.02 billion), as the Germany-based vacuum parts maker looks to bolster its high vacuum offerings to industries like analytics and semiconductors.
The U.S. International Trade Commission announced Tuesday that it is launching an investigation into Nokia's complaint against Apple accusing the tech giant of infringing 12 patents related to video coding and other technologies.
A New York federal jury’s decision that Beazley Insurance owed no coverage toward its policyholder’s settlement with a video technology company over lapsed payments was brought about by a number of errors by the overseeing judge and should be reversed, the video company told the Second Circuit on Monday.
“League of Legends” developer Riot Games Inc. slapped a Chinese game developer with a copyright infringement suit in California federal court Monday, accusing the company and individual developers of “blatantly and slavishly” copying design elements of the popular online game with a knockoff version.
The Department of Homeland Security’s Office of the Inspector General has issued an urgent recommendation that the U.S. Citizenship and Immigration Services refrain from reinstating its automated system for processing naturalization applications because it is likely to skip certain security requirements, the office announced Monday.
Amazon.com Inc. lost its bid to dodge an infringement suit filed by Speed Track Inc. when a California federal judge agreed Monday that the patent at issue, covering an online method of data storage, was valid.
AppDynamics Inc., the first so-called unicorn to launch an initial public offering in 2017, upsized its deal Tuesday and now looks to raise about $156 million on expectations of greater demand for its IPO, guided by Wilson Sonsini Goodrich & Rosati PC.
EDITING - A pair of Democratic U.S. representatives on Monday asked the new Federal Communications Commission chairman — Republican Commissioner Ajit Pai — to commit to keeping Congress in the loop, taking a bipartisan leadership approach and avoiding retaliation efforts against FCC employees based on their previous work.
The Indianapolis Colts urged a Massachusetts federal judge Monday to transfer to its home state a proposed class action over a mobile application that allegedly records consumers’ conversations, arguing that the suit should be litigated where the team and its fans, including the man leading the action, are located.
LG and Samsung urged a California federal judge Monday to toss an antitrust class action accusing them of agreeing not to poach each other’s employees, arguing the suit relies on stereotypes about Korean companies in lieu of alleging even basic details about the supposed conspiracy.
A technology workers union urged the D.C. Circuit in an opening brief Monday to reverse a district court order that reduced its requested attorneys’ fees by 91 percent after it won a rule challenge against the U.S. Department of Homeland Security over work requirements for student visa holders.
A former J.P. Morgan analyst was called to the witness stand Monday in a federal trial accusing another ex-analyst of insider trading, testifying the colleague divulged that he “accidentally slipped once or twice” in telling a friend about a pending Salesforce.com acquisition.
A California federal judge on Monday approved OSI Systems Inc.’s deal imposing new corporate governance controls and paying $1.6 million in attorneys' fees to end a shareholder suit alleging the company covered up the problems caused when its airport body scanners showed passengers in the nude.
Google Inc. asked the Federal Circuit to take a second look at its decision that the Patent Trial and Appeal Board shouldn’t have instituted an America Invents Act covered business method review of a wireless location patent, saying Monday it wasn’t the court’s place to make that call.
The Korean Fair Trade Commission's antitrust fines against Qualcomm last month provide insight into how Korea views a fair, reasonable and nondiscriminatory encumbrance, showing that Korea's perspective is rooted in policy, not contract, say attorneys with Mintz Levin Cohn Ferris Glovsky & Popeo PC.
With its expanded definition of retaliation in place in 2015, the U.S. Securities and Exchange Commission brought a cavalcade of settled enforcement actions, culminating with its recent action against HomeStreet. Each of these cases has pushed the envelope further and further away from Dodd-Frank’s simple prohibition on retaliation, say Nicolas Morgan and Thomas Zaccaro of Paul Hastings LLP.
Attendees of the recent Consumer Electronics Show in Las Vegas spoke openly about the need to rethink everything, including how the insurance marketplace and risk-management practices will adapt to a mobility-focused world. The focus on mobility and the internet of things foreshadows two key challenges that the auto industry and legal practitioners will face in the near future, say Michael Nelson and Kara Ford of Sutherland Asbill & Brennan LLP.
President Donald Trump’s competition policies are sure to top the headlines in 2017. We can expect renewed focus on the SMARTER Act, continued attention to the pharmaceutical industry, and hurdles for foreign investment in the U.S., say attorneys with Cooley LLP.
The Eleventh Circuit's holding earlier this month in Silverpop Systems v. Leading Market Technologies helps clarify the type of evidence a party must offer to prove that a duty existed in the context of a cybersecurity breach. It also shows how the economic loss doctrine can provide a shield against tort actions brought over cyberattacks, says Alexis Kellert of Weil Gotshal & Manges LLP.
Delaware Chancellor Andre Bouchard’s recent decision in Solera follows an increasingly familiar template in merger litigation based on the landmark 2015 Corwin decision and furthers a trend that leans strongly toward application of business judgment review and early dismissal of post-closing complaints, say attorneys with Fried Frank Harris Shriver & Jacobson LLP.
Litigated motions related to recanting confidential witnesses have created a confusing mass of case law. The approach recently taken by a California federal court in Union Asset Management Holding v. SanDisk is sensible in that it uses the appropriate and well-established procedures of Rule 11 to deal with confidential witness recanting allegations, says Michael Eisenkraft of Cohen Milstein Sellers & Toll PLLC.
The Federal Circuit has held for purposes of infringement that method inventions are not considered made or sold even if they are necessarily used by or embodied in products that are made or sold. This position is incorrect and unnecessarily hampers protection and enforcement of method inventions, disproportionately affecting software, say Steven Pollinger and Craig Tolliver of McKool Smith PC.
The U.S. Environmental Protection Agency recently published the first federal environmental regulation to impose reporting requirements specifically for nanoscale materials. Given that 2016 amendments to the Toxic Substances Control Act enable the EPA to issue significant civil penalties, it's critical for industry to understand the regulation and its implications for business, says Lawrence Culleen of Arnold & Porter Kaye Scholer LLP.
A new rule from U.S. Citizenship and Immigration Services amends immigration regulations to expand the use of government authority to authorize parole for foreign entrepreneurs. The expansion is a welcome development for foreign entrepreneurs who have been frustrated by the lack of immigration options available through the existing U.S. visa categories, says Susan Cohen of Mintz Levin Cohn Ferris Glovsky and Popeo PC.