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September 8, 2025

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FTC Seeks To Block Intercontinental Exchange’s $11.7 Billion Black Knight Deal

The Federal Trade Commission has voted to sue to block Intercontinental Exchange from completing its $11.7 billion acquisition of mortgage software provider Black Knight. From a report: The antitrust agency said the deal would lead to higher prices for…

March 10, 2023
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Amazon Engineer Loses Bid For Class Action Over Work-From-Home Expenses

An anonymous reader quotes a report from Reuters: Amazon on Tuesday defeated a proposed class action lawsuit on behalf of nearly 7,000 workers in California that claimed the company should have reimbursed employees who worked remotely during the COVID-…

March 8, 2023
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Scooter Startup Lime Sues Hertz For Poaching Engineers

Urban scooter company Lime sued Hertz Corp on Thursday alleging unfair competition and accusing the rental car giant of improperly hiring the startup’s senior engineers. Reuters reports: San Francisco-based Neutron Holdings Inc, which does business as …

March 4, 2023
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FTX Founder Sam Bankman-Fried Hit With Four New Criminal Charges

FTX co-founder Sam Bankman-Fried was hit Thursday with four new criminal charges, including ones related to commodities fraud and making unlawful political contributions, in a superseding indictment filed in New York federal court. A source familiar wi…

February 24, 2023
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Supreme Court Rejects Ohio Man’s Bid To Sue Police Over Arrest of Facebook Parody

An anonymous reader quotes a report from NBC News: The Supreme Court on Tuesday turned away an Ohio man’s claim that his constitutional rights were violated when he was arrested and prosecuted for making satirical posts about his local police departmen…

February 23, 2023
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Biden Won’t Stop a Potential Ban On Importing Apple Watches

Medical device maker AliveCor announced today that President Biden has upheld an International Trade Commission ruling that could result in a potential import ban on the Apple Watch over its EKG feature. The Verge reports: Back in December, the ITC iss…

February 22, 2023
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Judge Slaps Sanctions on Seattle for Deleting Thousands of Texts Between Top Officials

A federal judge has levied crippling sanctions against the city of Seattle for deleting thousands of text messages between high-ranking officials, including the former mayor and police chief, during the three-week Capitol Hill Organized Protest — a ru…

February 17, 2023
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Judge Signals Jail Time if Bankman-Fried’s Internet Access Is Not Curbed

Sarah Blesener writes via The New York Times: Since his arrest two months ago, Samuel Bankman-Fried, the disgraced cryptocurrency executive, has been physically confined to the Palo Alto home of his parents, under the force of a $250 million bail packa…

February 17, 2023
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SEC Charges Do Kwon, Terraform With Fraud In Connection With Terra Collapse

The Securities and Exchange Commission charged Terraform Labs and its CEO, Do Kwon, with fraud, alleging that they orchestrated a multibillion dollar “crypto asset securities fraud,” the SEC said Thursday. CNBC reports: Kwon and Terraform allegedly sch…

February 17, 2023
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Founder of WallStreetBets, Which Helped Ignite Meme Stock Frenzy, Sues Reddit

An anonymous reader quotes a report from Reuters: The founder of WallStreetBets, which has been credited with helping ignite investors’ frenzy into “meme” stocks, sued Reddit on Wednesday, accusing it of wrongly banning him from moderating the communit…

February 16, 2023
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