legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Google Asks Judge to Reject Proposed Changes to App Store
Google Asks Judge to Reject Proposed Changes to App Store
May 03, 2024  |  Legal

Google reportedly asked a judge to reject an Epic Games proposal that would reform how the Google Play store operates. Google said in a Thursday (May 2) court filing that...

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FTC Announces $10M Settlement With BlueSnap, 2 Former Executives
FTC Announces $10M Settlement With BlueSnap, 2 Former Executives
May 01, 2024  |  Legal

The Federal Trade Commission (FTC) has announced a settlement with payment processing company BlueSnap and its former CEO Ralph Dangelmaier and former Senior Vice President Terry Monteith. The FTC charged these...

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Newspapers Sue Microsoft, OpenAI for Using Content to Train AI
Newspapers Sue Microsoft, OpenAI for Using Content to Train AI
April 30, 2024  |  Legal

Eight newspapers owned by Alden Global Capital’s MediaNews Group are reportedly suing Microsoft and OpenAI, alleging that the tech companies used the newspapers’ content to train artificial intelligence (AI) models. ...

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Making Sense of: How America’s CHIPS Act Fuels Domestic Innovation
Making Sense of: How America’s CHIPS Act Fuels Domestic Innovation
April 26, 2024  |  Technology

American companies are outpacing European ones on innovation and technology. That’s what the head of Norway’s $1.6 trillion oil fund told the Financial Times Wednesday...

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Chamber of Commerce Plans to Sue to Overturn FTC Non-Compete Ban
Chamber of Commerce Plans to Sue to Overturn FTC Non-Compete Ban
April 24, 2024  |  Legal

The U.S. Chamber of Commerce is blasting the FTC’s new ban on non-compete clauses. Soon after the Federal Trade Commission (FTC) imposed the ban on Tuesday (April 23),...

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DOJ: Ex-Binance Head Deserves 3 Years in Prison
DOJ: Ex-Binance Head Deserves 3 Years in Prison
April 24, 2024  |  Cryptocurrency

Federal prosecutors want former Binance CEO Changpeng Zhao to spend three years in prison. The one-time head of the world’s largest cryptocurrency platform deserves this sentence, the Department...

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German Agency Criticizes EY’s Audits of Wirecard
German Agency Criticizes EY’s Audits of Wirecard
April 19, 2024  |  Security & Fraud

A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations...

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Congress Advances Earned Wage Access Bill as Popularity Grows
Congress Advances Earned Wage Access Bill as Popularity Grows
April 18, 2024  |  Personal Finance

When is a loan not a loan? That is, in one sense, the question at the heart of proposed new federal legislation around earned wage access (EWA)...

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Judge in CFPB Credit Card Lawsuit Avoids Recusal
Judge in CFPB Credit Card Lawsuit Avoids Recusal
April 18, 2024  |  Legal

A judge in the banking industry/CFPB legal battle can remain on the case. That’s according to a ruling — made public Thursday (April 18) by Reuters —...

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