Elon Musk Trial Over Tesla Tweets Heads for Opening Statements
The shareholder lawsuit stems from 2018 tweets in which the billionaire CEO said, “Am considering taking Tesla private at $420....
Crime
FTC Plan to Ban Noncompete Clauses Shifts Companies’ Focus
Businesses and lawyers are beginning to assess what the Federal Trade Commission’s proposed ban of noncompete clauses in employment contracts...
Former Executives of Fox Subsidiary Face Trial in FIFA Bribery Case
Prosecutors allege two former executives of 21st Century Fox paid bribes for soccer broadcasting rights in South America, in a...
Elon Musk Seeks to Move Trial Over Tesla Tweets, Saying San Francisco Jurors Are Biased
TechBillionaire says negative local publicity surrounding his management of Twitter will prevent a fair trial Source link
Twitter Sued Over Rent Payment in San Francisco
One of Twitter’s landlords accuses the social-media company of failing to pay for space in the building. Source link
WSJ News Exclusive | DEA Pressed ADHD-Drug Makers About Impact of Telehealth Firms on Surging Demand
The Drug Enforcement Administration told makers of medication for attention-deficit hyperactivity disorder that it was concerned that “aggressive marketing practices”...
FCC Set to Gain More Power Over Prison Phone Call Rates
The federal regulator will have more power to tackle what it has called excessive charges for inmates making in-state phone...
Millions of Student Loan Holders Face Debt Forgiveness Uncertainty in 2023
U.S.Supreme Court will hear challenge to President Biden’s loan-cancellation plan in February Source link
Microsoft Responds to FTC Suit Over Activision Deal
The software giant filed court documents opposing claims that the $75 billion transaction would harm competition in the videogame industry....
Honeywell to Pay $203 Million in Settlements Over Brazil, Algeria Bribery
Honeywell International Inc. will pay nearly $203 million to resolve investigations in the U.S. and Brazil into bribes paid to...
Sam Bankman-Fried’s Lawyers Hash Out His Transfer to U.S. After Confusion in Court
MarketsCurrenciesCryptocurrencyThe FTX founder has agreed to be extradited, with lawyers drafting documents, according to a person familiar with the matter...
Epic Games, Maker of ‘Fortnite,’ to Pay $520 Million to Resolve FTC Allegations
The agency alleged that the company invaded children’s privacy and tricked players of all ages into making unintended purchases. Source...
FTX’s Sam Bankman-Fried Charged With Criminal Fraud, Conspiracy
U.S. prosecutors, in an indictment unsealed Tuesday, accused the crypto exchange’s founder of a scheme to defraud customers and his...
Lawsuit Over Taylor Swift’s ‘Shake It Off’ Lyrics Dropped
A federal judge dismissed a copyright suit against the singer, ending a case that had wound through the courts for...
FTC’s Tussle With Microsoft Puts Spotlight on Cloud Gaming
TechWhile cloud gaming is a small part of the videogame market, industry participants expect it to become more influential Source...
FTC’s Move to Block Microsoft’s Deal for Activision Blizzard Came Despite Charm Offensive
TechThe software giant has said it wouldn’t block rivals from Activision games, but the agency says Microsoft had reneged on...
FTC Sues to Block Microsoft’s Acquisition of Activision Blizzard
The antitrust enforcer sued Microsoft to prevent its planned $75 billion deal for Activision Blizzard, taking one of its biggest...
Theranos Ex-Operating Chief Sunny Balwani Sentenced to Nearly 13 Years in Prison
BusinessElizabeth Holmes, founder of startup, was sentenced last month for her role in elaborate fraud scheme Source link
TikTok Is Sued by State of Indiana, Accused of Targeting Young Teens With Adult Content
TechSuits come as states push back against the platform, citing worries over its influence on children and security concerns related...
EU Sues China in WTO Over Trade Retaliation on Lithuania
WorldEuropeChina’s near-total curtailment of exports from Lithuania followed moves by the Baltic state to support Taiwan Source link
