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US Supreme Court Rules Against TikTok, Upholds Ban
The U.S. Supreme Court ruled against TikTok on Friday in its challenge to a federal law that would have required the popular short-video app to be sold by its Chinese parent company ByteDance or banned in the United States on Jan. 19.
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Elon Musk Sued by US SEC Over Late Disclosure of Twitter Stake
In a complaint filed in Washington, D.C. federal court, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter's common shares.
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Apple to Pay $95 Million to Settle Siri Privacy Lawsuit
Apple agreed to pay $95 million (roughly Rs. 814 crore) in cash to settle a lawsuit claiming that its voice-activated Siri assistant violated users' privacy. A preliminary settlement was filed on Tuesday night in the Oakland, California federal court, and requires approval by US District Judge Jeffrey White.
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US Appeals Court Blocks Biden Administration's Net Neutrality Rules
A US appeals court on Tuesday ruled the Federal Communications Commission did not have the legal authority to reinstate landmark net neutrality rules.
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Setback For Trump As US Court Upholds $5 Million Verdict In Sexual Abuse Case
A federal appeals court on Monday upheld a jury verdict ordering President-elect Donald Trump to pay $5 million for sexually abusing and defaming writer E. Jean Carroll.
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US CEO's Killer Luigi Mangione Faces New Murder Charges In New York
The man accused of gunning down a US insurance executive in Manhattan -- a killing that tapped into widespread anger with the American health care system -- appeared in a New York court Thursday to face federal charges including murder.
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After Kraken, Binance Sued by ASIC in Australia: Here’s Why
The ASIC has filed a lawsuit in federal court, accusing Binance's local subsidiary of misclassifying 505 retail investors as wholesale investors. As a result, the exchange is alleged to have failed to provide the necessary consumer protection for these retail investors.
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Facebook-Parent Meta Settles with Australia's Privacy Watchdog Over Cambridge Analytica Lawsuit
Meta Platforms has agreed to a AUD 50 million settlement ($31.85 million or roughly Rs. 270 crore), Australia's privacy watchdog over the Cambridge Analytica scandal. In June 2023, the country's federal court ordered Meta and the privacy commissioner to enter mediation.
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TikTok Ban: US Appeals Court Upholds Law Forcing Its Sale Ahead of Deadline
A US federal appeals court has upheld a law requiring ByteDance to divest its popular short video app TikTok in the US by early 2025, ahead of an upcoming deadline. The decision from the appeals court increases the chances that TikTok will face an unprecedented ban in six weeks, that could cut off access to the service for 170 million users in the ...
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TikTok Edges Closer To US Ban After Losing Court Appeal
A US federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban.
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Elon Musk Urges Court to Block ‘Illegal’ OpenAI For-Profit Conversion
Elon Musk has repeated his earlier claims that OpenAI broke its promises to him and abandoned its founding purpose as a charity when it accepted billions of dollars in backing from Microsoft starting in 2019.
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US Court Reverses Sanctions Against Tornado Cash: All You Need to Know
A US federal court has overturned the 2022 sanctions against Tornado Cash. The Fifth Circuit Court in New Orleans ruled that immutable smart contracts do not qualify as property, making them ineligible for sanctions under existing laws.
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Byju's US Units Wrongly Stripped Of Education App, Court Rules
Two money-making education apps that are part of the troubled Byju's software empire were wrongly transferred away from US lenders and must be returned to a court-supervised bankruptcy trustee, a federal judge ruled Tuesday.
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Cryptocurrency Mixer Bitcoin Fog Convicted of Crypto Money Laundering
Prosecutors said Bitcoin Fog processed more than $400 million in untraceable transactions, including $78 million involving known darknet markets. Defense lawyer Tor Ekeland called the verdict “disappointing” and said they will appeal.
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Canada Orders Shutdown of TikTok's Business in Country, App Access to Continue
Under Canadian law, the government can assess potential risks to national security from foreign investments, such as the TikTok proposal. The law prevents the government from revealing the details of such investments.
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US Supreme Court Rules Against TikTok, Upholds Ban
The U.S. Supreme Court ruled against TikTok on Friday in its challenge to a federal law that would have required the popular short-video app to be sold by its Chinese parent company ByteDance or banned in the United States on Jan. 19.
-
Elon Musk Sued by US SEC Over Late Disclosure of Twitter Stake
In a complaint filed in Washington, D.C. federal court, the SEC said Musk violated federal securities law by waiting 11 days too long to disclose his initial purchase of 5% of Twitter's common shares.
-
Apple to Pay $95 Million to Settle Siri Privacy Lawsuit
Apple agreed to pay $95 million (roughly Rs. 814 crore) in cash to settle a lawsuit claiming that its voice-activated Siri assistant violated users' privacy. A preliminary settlement was filed on Tuesday night in the Oakland, California federal court, and requires approval by US District Judge Jeffrey White.
-
US Appeals Court Blocks Biden Administration's Net Neutrality Rules
A US appeals court on Tuesday ruled the Federal Communications Commission did not have the legal authority to reinstate landmark net neutrality rules.
-
Setback For Trump As US Court Upholds $5 Million Verdict In Sexual Abuse Case
A federal appeals court on Monday upheld a jury verdict ordering President-elect Donald Trump to pay $5 million for sexually abusing and defaming writer E. Jean Carroll.
-
US CEO's Killer Luigi Mangione Faces New Murder Charges In New York
The man accused of gunning down a US insurance executive in Manhattan -- a killing that tapped into widespread anger with the American health care system -- appeared in a New York court Thursday to face federal charges including murder.
-
After Kraken, Binance Sued by ASIC in Australia: Here’s Why
The ASIC has filed a lawsuit in federal court, accusing Binance's local subsidiary of misclassifying 505 retail investors as wholesale investors. As a result, the exchange is alleged to have failed to provide the necessary consumer protection for these retail investors.
-
Facebook-Parent Meta Settles with Australia's Privacy Watchdog Over Cambridge Analytica Lawsuit
Meta Platforms has agreed to a AUD 50 million settlement ($31.85 million or roughly Rs. 270 crore), Australia's privacy watchdog over the Cambridge Analytica scandal. In June 2023, the country's federal court ordered Meta and the privacy commissioner to enter mediation.
-
TikTok Ban: US Appeals Court Upholds Law Forcing Its Sale Ahead of Deadline
A US federal appeals court has upheld a law requiring ByteDance to divest its popular short video app TikTok in the US by early 2025, ahead of an upcoming deadline. The decision from the appeals court increases the chances that TikTok will face an unprecedented ban in six weeks, that could cut off access to the service for 170 million users in the ...
-
TikTok Edges Closer To US Ban After Losing Court Appeal
A US federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban.
-
Elon Musk Urges Court to Block ‘Illegal’ OpenAI For-Profit Conversion
Elon Musk has repeated his earlier claims that OpenAI broke its promises to him and abandoned its founding purpose as a charity when it accepted billions of dollars in backing from Microsoft starting in 2019.
-
US Court Reverses Sanctions Against Tornado Cash: All You Need to Know
A US federal court has overturned the 2022 sanctions against Tornado Cash. The Fifth Circuit Court in New Orleans ruled that immutable smart contracts do not qualify as property, making them ineligible for sanctions under existing laws.
-
Byju's US Units Wrongly Stripped Of Education App, Court Rules
Two money-making education apps that are part of the troubled Byju's software empire were wrongly transferred away from US lenders and must be returned to a court-supervised bankruptcy trustee, a federal judge ruled Tuesday.
-
Cryptocurrency Mixer Bitcoin Fog Convicted of Crypto Money Laundering
Prosecutors said Bitcoin Fog processed more than $400 million in untraceable transactions, including $78 million involving known darknet markets. Defense lawyer Tor Ekeland called the verdict “disappointing” and said they will appeal.
-
Canada Orders Shutdown of TikTok's Business in Country, App Access to Continue
Under Canadian law, the government can assess potential risks to national security from foreign investments, such as the TikTok proposal. The law prevents the government from revealing the details of such investments.
