Lawsuits

FTC Offers Support to Epic Games in Battle With Google
FTC Offers Support to Epic Games in Battle With Google
August 13, 2024  |  Legal

The FTC has offered support to Epic Games in that company’s legal battle with Google. The Federal Trade Commission (FTC) said Tuesday (Aug. 13) that it had filed an amicus...

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CFTC: Cost Management Solutions Must Pay $100,000 for Failing to Register as Introducing Broker
CFTC: Cost Management Solutions Must Pay $100,000 for Failing to Register as Introducing Broker
August 12, 2024  |  Regulation

The Commodity Futures Trading Commission (CFTC) said Monday (Aug. 12) that it required Cost Management Solutions (CMS) to pay a $100,000 civil monetary penalty after...

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Judge Says Plaintiffs Can File Amended Antitrust Lawsuit Against Google
Judge Says Plaintiffs Can File Amended Antitrust Lawsuit Against Google
August 12, 2024  |  ANTITRUST

A federal judge in California is giving plaintiffs a chance to file an amended lawsuit after dismissing their antitrust lawsuit against Google. The lawsuit accuses...

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Ripple’s Cross-Border Business Could Be Collateral Damage in SEC Suit
Ripple’s Cross-Border Business Could Be Collateral Damage in SEC Suit
August 09, 2024  |  Cryptocurrency

One of the longest running legal cases impacting crypto’s regulatory future is potentially nearing resolution. The case, between cryptocurrency company Ripple Labs and the U.S. Securities and...

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Unpacking Google’s Week: Antitrust Ruling and Targeting Minors With Meta
Unpacking Google’s Week: Antitrust Ruling and Targeting Minors With Meta
August 09, 2024  |  Google

Alphabet’s Gmail email service, the world’s largest free email provider, was down Thursday (Aug 8). But the multi-hour disruption was merely the latest — and...

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CFPB: Credit Repair Cloud Let Companies Collect Illegal Fees
CFPB: Credit Repair Cloud Let Companies Collect Illegal Fees
August 08, 2024  |  CFPB

Since 2013, Credit Repair Cloud has sold software and products to credit repair businesses. But according to the Consumer Financial Protection Bureau (CFPB), the company and its CEO also...

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FTX and Alameda Pay $12.7 Billion to End CFTC Lawsuit
FTX and Alameda Pay $12.7 Billion to End CFTC Lawsuit
August 08, 2024  |  Legal

FTX and sister company Alameda Research have agreed to pay their creditors $12.7 billion. The agreement, approved Wednesday (Aug. 7) by U.S. District Judge P. Kevin Castel,...

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Google Ruling May Blunt Apple’s Services Revenue and Ecosystem Growth
Google Ruling May Blunt Apple’s Services Revenue and Ecosystem Growth
August 06, 2024  |  ANTITRUST

For years, tech juggernaut Apple has been building a services-focused ecosystem designed to offset bumpy, lumpy hardware sales and bring higher-margin dollars to its revenue...

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Musk Alleges ‘Shakespearean’ Betrayal in Revived OpenAI Lawsuit
Musk Alleges ‘Shakespearean’ Betrayal in Revived OpenAI Lawsuit
August 05, 2024  |  Legal

Elon Musk has reportedly resurrected his suit against OpenAI, the AI startup he helped found. The world’s richest man had sued the artificial intelligence (AI) company in March,...

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