The Securities and Exchange Commission is preparing “numerous counts” against Elon Musk, according to a letter from his lawyer that Musk posted to X. It has also “reopened an investigation into Neuralink” The Verge reported. The letter is short on… Read More
Category: Legal
Google Says The DOJ Would Hurt US Consumers
Kent Walker, President, Global Affairs & Chief Legal Officer, Google & Alphabet, posted: “DOJ’s staggering proposal would hurt consumers and American’s global technology leadership” As part of its lawsuit over how we distribute Search, the U.S. Department of Justice (DOJ)… Read More
Apple Wins $250 But Little Else At Trial On Watch Patents
A federal jury in Delaware awarded Apple Inc. $250 on Friday, finding the original designs of Masimo Corp’s smartwatches infringed Apple Watch design patterns, Bloomberg Law reported. The jury’s mixed verdict marks the latest chapter in a long-running clash over… Read More
U.S. DOJ Sues Visa, Alleging It Has An Illegal Monopoly
The Department of Justice has filed an antitrust lawsuit against Visa, alleging that the financial services firm has an illegal monopoly over debit network markets and has attempted to unlawfully crush competitors, including fintech companies like PayPal and Square. The… Read More
DOJ Sues Landlord Software RealPage For Inflating Rent Prices
The U.S. Department of Justice and eight state attorneys general have filed an antitrust suit against the real estate software company RealPage accusing it of colluding with landlords to decrease competition and artificially inflate rental prices, Gizmodo reported. The complaint… Read More
Musk’s X Corp Loses Lawsuit Against Hate Speech Watchdog
A U.S. judge on Monday threw out Elon Musk’s lawsuit against a nonprofit group that faulted him for allowing a rise in hate speech on his social media platform X, formerly known as Twitter, Reuters reported. U.S. District Judge Charles… Read More
FTX Sues Founder Bankman-Fried’s Parents
Bankrupt crypto exchange FTX on Monday sued the parents of founder Sam Bankman-Fried, saying that Stanford professors Joseph Bankman and Barbara Fried used the company to enrich themselves at the expense of FTX’s customers, Reuters reported. FTX, now being led… Read More