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.

Uber Drivers Win Right to Sue Company Over Disputes
Uber Drivers Win Right to Sue Company Over Disputes
July 18, 2023  |  Legal

California’s Supreme Court has handed Uber drivers a victory against the company. The court on Monday (July 17) ruled against the tech giant’s argument that aimed to limit efforts...

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Block Sues Visa and Mastercard Over Interchange Fees
Block Sues Visa and Mastercard Over Interchange Fees
July 17, 2023  |  Legal

Visa and Mastercard have been accused by Block of conspiring to inflate fees and increase retail prices paid. The antitrust lawsuit filed Friday (July 14)...

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Ripple SEC Case Makes Waves With Landmark Crypto Precedent
Ripple SEC Case Makes Waves With Landmark Crypto Precedent
July 13, 2023  |  Cryptocurrency

The duality of digital assets got a stamp of approval from a federal judge Thursday (July 13). Cryptocurrency company Ripple defeated many crucial elements of a U.S. Securities and Exchange...

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US Judge Rules Ripple’s Cryptocurrencies are Securities, But Only Sometimes
US Judge Rules Ripple’s Cryptocurrencies are Securities, But Only Sometimes
July 13, 2023  |  Cryptocurrency

A U.S. District Judge ruled Thursday (July 13) that cryptocurrencies sold to institutional investors by Ripple are securities under federal regulations. “Institutional buyers would have understood that...

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Meta Plans to Challenge EU Over Facebook Marketplace Abuse
Meta Plans to Challenge EU Over Facebook Marketplace Abuse
July 12, 2023  |  Meta

Meta plans to challenge antitrust accusations that the European Union has leveled against it. The EU alleged that Meta stifled competition from classified ad competitors by...

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UK Supreme Court Rules Customers Liable for Fraud Through Bank Accounts
UK Supreme Court Rules Customers Liable for Fraud Through Bank Accounts
July 12, 2023  |  Banking

The United Kingdom’s Supreme Court has reportedly ruled that customers are liable for fraud through their accounts when the bank carried out instructions expressly authorized...

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Report: Amazon Sellers Allege Copyright Violations in Lawsuit Against Temu
Report: Amazon Sellers Allege Copyright Violations in Lawsuit Against Temu
July 12, 2023  |  Retail

Multiple Amazon sellers reportedly said their listings, including product images and descriptions, were replicated by other sellers on Temu. The continuous presence of Temu’s infringing listings has prompted...

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SVB Financial Sues to Recover $1.9 Billion From FDIC
SVB Financial Sues to Recover $1.9 Billion From FDIC
July 10, 2023  |  Bank Regulation

Silicon Valley Bank’s parent company says America’s banking watchdog owes it $1.9 billion. To that end, SVB Financial filed suit Sunday (July 9) against the...

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Judge Halts NYC Wage Law Opposed by Food Delivery App Firms
Judge Halts NYC Wage Law Opposed by Food Delivery App Firms
July 07, 2023  |  Gig Economy

A judge has reportedly halted a New York City minimum wage law that is opposed by app-based food delivery firms. New York State Supreme Court...

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