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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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Google's Key Argument In Monopoly Lawsuit Falls Flat With US Judge
A federal judge threw cold water on one of Alphabet Inc.'s key arguments in a Department of Justice lawsuit over allegations that Google monopolized advertising technology.
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Samsung Ordered to Pay $118 Million for Infringing Netlist Patents
Samsung has been directed by a federal jury in Marshall, Texas to pay computer memory firm Netlist $118 million in damages for a patent infringement involving technology that enhances data processing in high-performance memory products. The South Korean fitm was previously ordered to pay $303 million to Netlist in a similar case.
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Musk Expands Lawsuit Against OpenAI, Adding Microsoft And Antitrust Claims
Billionaire entrepreneur Elon Musk expanded his lawsuit against ChatGPT maker OpenAI, adding federal antitrust and other claims and adding OpenAI's largest financial backer Microsoft as a defendant.
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Meta Will Face Antitrust Trial Over Instagram, WhatsApp Acquisitions
Meta will be facing a trial in a US Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media.
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Mark Zuckerberg Avoids Personal Liability In Meta Addiction Cases
A federal judge again rejected a bid to hold Mark Zuckerberg individually liable in two dozen lawsuits accusing Meta Platforms Inc. and other social media companies of addicting children to their products.
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Google Cleared In Lawsuit Alleging Profit From 'Gift Card Scams'
A federal judge dismissed a proposed class action lawsuit accusing Google of illegally profiting from Google Play gift card scams by refusing to refund millions of dollars stolen from victims.
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Elon Musk Loses Bid To Move Case Over $1 Million Voter Prizes
A U.S. judge on Friday denied Elon Musk's bid to move a Pennsylvania lawsuit over his $1 million voter prizes to federal court, moving the case back to state court.
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Meta, Google, TikTok Must Face Schools' Addiction Claims, Says US Court
Meta Platforms Inc., Google, TikTok and Snap will have to face lawsuits brought by school districts in federal court blaming their "addictive" apps for contributing to a mental health crisis among students.
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US Rapper Sean Diddy Drugged And Raped 13-Year-Old Girl, Lawsuit Claims
Sean "Diddy" Combs, who is currently in federal custody following multiple charges of racketeering and sex trafficking, has now been accused of raping a 13-year-old girl with the help of two other celebrities at a 2000 MTV VMAs afterparty.
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US Court Rules Meta Must Face Lawsuits Over Teen Addiction To Social Media
Facebook parent company Meta must face lawsuits by U.S. states accusing it of encouraging social media addiction among teens, a federal judge in California ruled on Tuesday.
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Epic Games Accuses Samsung, Google of Scheme to Block App Rivals
Epic said it would file a lawsuit in US federal court in California alleging that a Samsung mobile security feature called Auto Blocker was intended to deter users from downloading apps from sources other than the Play store or Samsung's Galaxy store, which the Korean company chose to put on the back burner.
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Sean 'Diddy' Combs Arrested In New York City Amid Sexual Assault Lawsuit
Sean "Diddy" Combs -- the rap mogul whose star has plunged after a wave of sex trafficking accusations and assault lawsuits -- was arrested by federal agents in Manhattan late Monday, a US federal court said.
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Elon Musk, Tesla Win Dismissal of Lawsuit Over Alleged Dogecoin Manipulation
Elon Musk and Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping Dogecoin. Investors accused the world's richest person of using Twitter posts, a 2021 appearance on NBC's "Saturday Night Live" and other publicity stunts to trade profitably at their expense through several dogecoin wallets that he or Tesla c...
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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.
-
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.
-
Google's Key Argument In Monopoly Lawsuit Falls Flat With US Judge
A federal judge threw cold water on one of Alphabet Inc.'s key arguments in a Department of Justice lawsuit over allegations that Google monopolized advertising technology.
-
Samsung Ordered to Pay $118 Million for Infringing Netlist Patents
Samsung has been directed by a federal jury in Marshall, Texas to pay computer memory firm Netlist $118 million in damages for a patent infringement involving technology that enhances data processing in high-performance memory products. The South Korean fitm was previously ordered to pay $303 million to Netlist in a similar case.
-
Musk Expands Lawsuit Against OpenAI, Adding Microsoft And Antitrust Claims
Billionaire entrepreneur Elon Musk expanded his lawsuit against ChatGPT maker OpenAI, adding federal antitrust and other claims and adding OpenAI's largest financial backer Microsoft as a defendant.
-
Meta Will Face Antitrust Trial Over Instagram, WhatsApp Acquisitions
Meta will be facing a trial in a US Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media.
-
Mark Zuckerberg Avoids Personal Liability In Meta Addiction Cases
A federal judge again rejected a bid to hold Mark Zuckerberg individually liable in two dozen lawsuits accusing Meta Platforms Inc. and other social media companies of addicting children to their products.
-
Google Cleared In Lawsuit Alleging Profit From 'Gift Card Scams'
A federal judge dismissed a proposed class action lawsuit accusing Google of illegally profiting from Google Play gift card scams by refusing to refund millions of dollars stolen from victims.
-
Elon Musk Loses Bid To Move Case Over $1 Million Voter Prizes
A U.S. judge on Friday denied Elon Musk's bid to move a Pennsylvania lawsuit over his $1 million voter prizes to federal court, moving the case back to state court.
-
Meta, Google, TikTok Must Face Schools' Addiction Claims, Says US Court
Meta Platforms Inc., Google, TikTok and Snap will have to face lawsuits brought by school districts in federal court blaming their "addictive" apps for contributing to a mental health crisis among students.
-
US Rapper Sean Diddy Drugged And Raped 13-Year-Old Girl, Lawsuit Claims
Sean "Diddy" Combs, who is currently in federal custody following multiple charges of racketeering and sex trafficking, has now been accused of raping a 13-year-old girl with the help of two other celebrities at a 2000 MTV VMAs afterparty.
-
US Court Rules Meta Must Face Lawsuits Over Teen Addiction To Social Media
Facebook parent company Meta must face lawsuits by U.S. states accusing it of encouraging social media addiction among teens, a federal judge in California ruled on Tuesday.
-
Epic Games Accuses Samsung, Google of Scheme to Block App Rivals
Epic said it would file a lawsuit in US federal court in California alleging that a Samsung mobile security feature called Auto Blocker was intended to deter users from downloading apps from sources other than the Play store or Samsung's Galaxy store, which the Korean company chose to put on the back burner.
-
Sean 'Diddy' Combs Arrested In New York City Amid Sexual Assault Lawsuit
Sean "Diddy" Combs -- the rap mogul whose star has plunged after a wave of sex trafficking accusations and assault lawsuits -- was arrested by federal agents in Manhattan late Monday, a US federal court said.
-
Elon Musk, Tesla Win Dismissal of Lawsuit Over Alleged Dogecoin Manipulation
Elon Musk and Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping Dogecoin. Investors accused the world's richest person of using Twitter posts, a 2021 appearance on NBC's "Saturday Night Live" and other publicity stunts to trade profitably at their expense through several dogecoin wallets that he or Tesla c...
