lawsuit

Apple Must Pay $14.4 Billion to Ireland in Crackdown On ‘Sweetheart Deals’

Apple Must Pay $14.4 Billion to Ireland in Crackdown On ‘Sweetheart Deals’

Apple has been ordered to pay €13 billion ($14.4bn) of unpaid taxes to the Irish state, in a court ruling that ended a decade-long fight between Europe and the big tech company.In a judgment handed down on Tuesday, the European Court of Justice (ECJ) agreed with a European Commission ruling in 2016, which found that for a period of more than 20 years Apple enjoyed illegal tax advantages that constituted state aid from the Irish government.“The Court of Justice gives final judgment in the matter and confirms the European Commission’s 2016 decision: Ireland granted Apple unlawful aid, which Ireland is…
Read More
The Internet Archive Loses Its Appeal of a Major Copyright Case

The Internet Archive Loses Its Appeal of a Major Copyright Case

The Internet Archive has lost a major legal battle—in a decision that could have a significant impact on the future of internet history. Today, the US Court of Appeals for the Second Circuit ruled against the long-running digital archive, upholding an earlier ruling in Hachette v. Internet Archive that found that one of the Internet Archive’s book digitization projects violated copyright law.Notably, the appeals court’s ruling rejects the Internet Archive’s argument that its lending practices were shielded by the fair use doctrine, which permits for copyright infringement in certain circumstances, calling it “unpersuasive.”In March 2020, the Internet Archive, a San…
Read More
Judge denies Media Matters’ motion to dismiss X’s not-libel lawsuit

Judge denies Media Matters’ motion to dismiss X’s not-libel lawsuit

A Texas judge denied Media Matters for America’s request for a dismissal on Thursday allowing X’s lawsuit over alleged anti-semitic and racist content. The Verge reported that Northern District of Texas Judge Reed O’Connor dismissed the request for a dismissal paving the way for X’s lawsuit against Media Matters to continue.Media Matters submitted its dismissal request in early March on the grounds that X’s case lacked “personal jurisdiction,” an “improper venue” and the “failure to state a claim.” O’Connor dismissed all of those claims, according to court records.The lawsuit filed last year in federal court seeks damages from the media…
Read More
Yelp files antitrust lawsuit against Google

Yelp files antitrust lawsuit against Google

Yelp has filed an antitrust lawsuit against Google. As CNN reports, the move caps off years of animosity between the two companies, with Yelp alleging that Google has leveraged its control over online searching to dominate local queries and prioritize its own reviews."Google abuses its monopoly power in general search to keep users within Google’s owned ecosystem and prevents them from going to rival sites," Yelp Co-founder and CEO Jeremy Stoppelman said in a blog post announcing the suit. "This anticompetitive conduct siphons traffic and advertising revenue from vertical search services, like Yelp, that provide objectively higher quality local business…
Read More
‘Should Art Be Regulated by the SEC?’: NFT Artists’ New Lawsuit Seeks Answers

‘Should Art Be Regulated by the SEC?’: NFT Artists’ New Lawsuit Seeks Answers

The essence of the case, Frye adds, is about NFT art writ large and “using NFTs the way most people are—to sell them.” The point is to get SEC regulators to have a “long, hard think” about what’s in their purview, he says.Security vs. ArtIn 1946, a US Supreme Court ruling about the Howey Company, which sold citrus groves to buyers who shared in their profits, cemented the test for determining what a security is. The “Howey Test” defines securities as “an investment of money in a common enterprise with the expectation of profits from the efforts of others.”In other…
Read More
Tether Was Playing a Risky Game, a New Celsius Suit Reveals

Tether Was Playing a Risky Game, a New Celsius Suit Reveals

“Ensuring that a stablecoin retains its peg even under stressed market conditions is a solvable problem,” Catalini says. In an optimal scenario, he says, reserves would be made up of exclusively “high-quality, liquid assets,” like short-term US government bonds, and providers would maintain an “adequate capital buffer.”In the two years since Celsius filed for bankruptcy, Tether has voluntarily both increased the size of its USDT reserve buffer and slightly reduced the proportion of the reserve made up of secured loans—from 6.76 to 5.55 percent. But Tether “does not operate under a framework that would limit what the directors of the…
Read More
X ordered to pay $600K to fired employee who didn’t click ‘yes’ on email ultimatum

X ordered to pay $600K to fired employee who didn’t click ‘yes’ on email ultimatum

Remember when Elon Musk ordered Twitter staff two years ago to “click yes” in an email to promise to work in “extremely hardcore” mode or risk losing their jobs? One of those employees who didn’t click “yes” just won a major ruling, according to the Irish news service RTÉ.Ireland’s Workplace Relations Commission (WRC) ruled that Gary Rooney, a former senior executive for the company known then as Twitter, was unfairly terminated when he refused to agree to Musk’s email ultimatum in 2022 after nine years with the social media company. The commission also ordered X to pay Rooney €550,000 (roughly…
Read More
TikTok Sued by US Justice Department for Alleged Violations of Kids’ Privacy

TikTok Sued by US Justice Department for Alleged Violations of Kids’ Privacy

In March 2019, TikTok agreed to a US federal court order barring the social media giant from collecting personal information from its youngest users without their parents’ consent. According to a new lawsuit filed by US authorities, TikTok immediately breached that order and now faces penalties of $51,744 per violation per day.TikTok “knowingly allowed children under 13 to create accounts in the regular TikTok experience and collected extensive personal information from those children without first providing parental notice or obtaining verifiable parental consent,” the US Department of Justice alleged on behalf of the Federal Trade Commission in a complaint lodged…
Read More
Don Lemon is suing Elon Musk and X

Don Lemon is suing Elon Musk and X

When Don Lemon's "premium" video hosting deal on X was canceled in March, a representative for the former CNN anchor . Nearly five months later, he's taking Musk and his platform to court, claiming he hasn't been paid.The former CNN anchor filed a lawsuit on Thursday against Musk and X, the reports. The suit pertains to an alleged payment agreement Lemon says Musk refuses to honor. Lemon filed his case in California Superior Court in San Francisco.Lemon claims that he agreed to produce a news and interview show on the X platform back in January. Lemon would receive $1.5 million…
Read More
The Republican National Committee loses its legal challenge to Gmail

The Republican National Committee loses its legal challenge to Gmail

A federal judge dismissed a case brought by the Republican National Committee (RNC) against Google over its Gmail service. The suit alleged that Google’s email platform labeled GOP fundraising emails as spam at a higher rate than those from the other side of the aisle.District Court Judge Daniel Calabretta from the Eastern California District Court dismissed the case with prejudice, preventing the Republican party from bringing its case against Google back to court. The dismissal with prejudice means it cannot bring the case to another court but can still file an appeal to Calabretta’s decision, according to The Verge.Calabretta wrote…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.