In a surprising turn of events, rumors about Ethereum co-founder Vitalik Buterin’s alleged collaboration with the U.S. Securities and Exchange Commission (SEC) have been circulating. The speculation has sent shockwaves throughout the cryptocurrency community, as it potentially signifies a consequential shift in the regulatory landscape for digital currencies. As one of the most prominent figures […]
Lawsuit
Lawyers for Alphabet Inc’s Google LLC on Wednesday said they will ask a federal judge in Virginia to move the U.S. Justice Department’s antitrust lawsuit to Manhattan federal court, where the company is already fighting claims that it has abused its market power for online advertising technology. In a filing in the Manhattan litigation, Google’s […]
A landmark lawsuit by the U.S. Justice Department against Alphabet’s Google over its dominance of advertising technology could help rivals and websites that sell ad space, but leaves an uncertain future for the advertisers themselves, experts told Reuters. The Justice Department’s complaint against Google on Tuesday called for the company to divest Google Ad Manager, […]
The U.S. Justice Department accused Alphabet Inc’s Google on Tuesday of abusing its dominance in digital advertising, threatening to dismantle a key business at the heart of one of Silicon Valley’s most successful internet companies. The government said Google should be forced to sell its ad manager suite, tackling a business that generated about 12 […]
The European Commission said on Wednesday it had requested the formation of adjudicating panels at the World Trade Organization, the next step in two trade disputes with China after failing to resolve them bilaterally. The disputes, both brought to the WTO at the beginning of the year, concern alleged Chinese restrictions on EU companies’ rights […]
A federal jury in Texas on Tuesday said Intel Corp must pay VLSI Technology LLC $948.8 million for infringing a VLSI patent for computer chips. VLSI, a patent-holding company affiliated with the SoftBank Group Corp-owned private equity firm Fortress Investment Group, argued during the six-day trial that Intel’s Cascade Lake and Skylake microprocessors violated its […]
Search giant Google was hit on Tuesday with yet another lawsuit concerning its questionable actions for conspiring with social media titan Facebook for giving “special information” for online advertising auctions. Two Massachusetts law firms accused Google of conspiring in illegal deals with Facebook to provide the social network with biased privileges in online advertising auctions. […]