Italian software company Bending Spoons' plan to buy Airtable is highlighting a surge in software industry consolidation following a sharp reset in private market valuations, as artificial intelligence adds another layer of pressure on companies to sell.
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TOP NEWS

Analysis

$1.3B Airtable Deal Highlights Software M&A Revival

By Al Barbarino

Italian software company Bending Spoons' plan to buy Airtable is highlighting a surge in software industry consolidation following a sharp reset in private market valuations, as artificial intelligence adds another layer of pressure on companies to sell.

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Analysis

Data Center Backlash Fogs Finance Picture For New Projects

By Keith Goldberg

How is the backlash against data centers — from public protests in red towns and blue cities to moratoriums on large projects to primary wins for anti-data center candidates — affecting lenders' approach? Here, Law360 takes a close look.

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Analysis

4 Questions On Excess Manufacturing Capacity Tariffs

By Dylan Moroses

Stakeholders anticipate new tariffs on key trading partners stemming from allegations that excess manufacturing capacity is causing harm to U.S. businesses, but several open questions remain about the extent to which duty burdens will increase and whether countries will retaliate in response. Here, Law360 considers four such questions.

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Amazon Revives Arbitration Clause, Bars Class Actions

By Ben Adlin

Amazon customers must now take most legal claims against the retail giant to binding arbitration, the company announced Friday, unveiling new conditions of use that also include a prohibition on users bringing proposed class actions.

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Apple Says No To Rethink Of Fed Phone Buying Subpoena

By Nadia Dreid

Apple does not think a special master should reconsider a mandate giving the tech titan a peek into how the Pentagon, CIA, State Department, and other federal agencies buy smartphones as part of a suit the federal government has filed accusing Apple of monopolization.

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OpenAI Fights Sanctions Bid In News Copyright MDL

By Ivan Moreno

OpenAI on Friday urged a New York federal judge to reject sanctions that could bar it from relying on a 20 million-chat evidence sample in copyright litigation brought by The New York Times and other news organizations, arguing it did not violate a preservation order or misrepresent its ability to search for copyrighted material.

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Charter-Cox Tie-Up Gets Last Needed OK With Calif. Approval

By Christopher Cole

California regulators have approved the $34.5 billion merger of major cable providers Charter and Cox, providing the last needed regulatory green light but also imposing conditions meant to help consumers.

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POLICY & REGULATION

Trump Hits Imported Drones With Up To 100% Tariffs

By Jack McLoone

Large drones and those with certain capabilities "that are particularly sensitive for national security purposes" and their components will face a 100% ad valorem tariff starting in September, President Donald Trump ordered, with smaller drones and other components facing a 25% tariff.

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IRS Expands Carbon Capture Tax Credit's Safe Harbor

By Kat Lucero

A safe harbor for the carbon sequestration tax credit's reporting requirements will apply to a method that uses carbon oxide used as a tertiary injectant in qualified oil and gas extraction projects, the IRS announced Friday, expanding earlier guidance for the incentive.

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Data Privacy Practices Put Wash. Residents At Risk, AG Says

By Ben Adlin

Washington state should require data brokers to register with regulators and follow standard practices to safeguard personal information, the state's attorney general said Friday in what he described as a first-of-its-kind report examining how data privacy practices affect Washingtonians.

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Conn. Opposes Kalshi's Bid To Keep Running Pending Appeal

By Katryna Perera

Connecticut officials on Friday asked a federal judge to deny KalshiEX's bid to keep offering sports contracts as it mounts a "long-shot appeal" of an injunction, arguing there is no basis to restrain state regulators from enforcing state wagering law given the contracts' "clear illegality." 

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Dem Says FCC Ignores Affordability In New Broadband Report

By Christopher Cole

In the latest turn in a yearslong debate at the Federal Communications Commission, the agency's lone Democrat on Friday criticized a report spearheaded by the GOP majority touting robust broadband deployment, saying the Republicans gave short shrift to affordability issues.

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ENFORCEMENT

NC Data Analyst Gets 2 Years In Prison For Extortion Scheme

By P.J. D'Annunzio

A data analyst convicted by a North Carolina jury earlier this year of running a cyber extortion scheme against employees and executives of a company he contracted with has been sentenced to two years in prison.

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LITIGATION

Meta Beats Suit Over Scam Investment Ads Again

By Sydney Price

A California judge dismissed a suit against Meta over ads on its platforms from scammers impersonating financial professionals to run pump-and-dump investment schemes, saying the theory of the case was "not entirely clear" before giving plaintiffs one more chance to amend their complaint.

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Nielsen Loses At Fed. Circ., Fights Verdict In Patent Row

By Adam Lidgett

The Nielsen Co. Friday lost its attempt at the Federal Circuit to revive claims of a patent it accused TVision Insights Inc. of infringing, as it fights a jury verdict clearing TVision of infringing a separate patent.

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Gallagher Must Face Suit Over Tech Loan Coverage Losses

By Danielle Ferguson

A New York federal judge refused to dismiss an insurer's claims alleging Arthur J. Gallagher & Co. entities gave misleadingly positive information about the finances of tech companies participating in a lending program, finding the insurer showed its financial loss could be connected to Gallagher's alleged failures.

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App Co. Asks Court Not To Let Apple 'Drag' It Across Country

By Nadia Dreid

Communal video streaming app Rave does not want its lawsuit accusing Apple of unfairly booting it from the App Store shipped from New Jersey to California, and has asked the court not to let the tech behemoth "convert this instrument of monopoly power into a litigation shield."

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Uber Says Plaintiff Attys Are Hyping Article That Fueled Threats

By Bonnie Eslinger

A California federal judge said Friday that he wouldn't get involved in Uber's accusations that plaintiffs' counsel in passenger sexual assault litigation were involved in and "cheering on" a media report that's led to death threats against Uber's lawyers, saying it would not likely change things and could make them worse.

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NY AG Says 2nd Circ. Ruling Doesn't Back Pricing Law Case

By Matthew Perlman

The New York Attorney General's Office has pushed back after RealPage Inc. told a New York federal court that a recent Second Circuit ruling supports the company's challenge to a state law prohibiting landlords from using software to share information and set residential rental rates.

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Ex-Marathon Worker Says AI Caught Her Bosses' Gender Bias

By Gina Kim

A Marathon Engineering environmental scientist has sued her former employer in New Jersey state court, alleging she was fired due to her gender, after an AI assistant that recorded her termination meeting sent her a transcript showing that one of her supervisors said he hoped to replace her with a "relatively strapping young man."

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Insurer Denies $10M Duty To Recycler In Lead Exposure Case

By Jonathan Capriel

An insurance company is arguing it has no obligation to cover any part of a $279 million insurance pool that battery recycler Gopher Resource LLC promised to folks who filed a class action claiming they suffered lead poisoning from the company's smelter.

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R4 Technologies Stockholders Sue For Company Records

By Jarek Rutz

A group of r4 Technologies Inc. shareholders has sued the artificial intelligence company in the Delaware Chancery Court, seeking access to corporate records to investigate potential wrongdoing and determine the value of their holdings.

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Pa. Gambler Sues FanDuel Over Alleged Addictive Design

By Matthew Santoni

A Pennsylvania man who says he has a gambling addiction filed a lawsuit in Pennsylvania state court against FanDuel, claiming the sports betting app intentionally included features designed to amplify and feed compulsive gambling.

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Solar Rival Is Filching Shoals' Customers, Exec Tells Jury

By Hayley Fowler

A solar components company has lost customers to a rival supplier selling what one executive described as a suspiciously similar electrical connection system being marketed at a fraction of the price, a federal jury in North Carolina heard Friday on the first day of testimony in a patent infringement trial.

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DEALS

Goodwin, DLA Piper Guide Dynatrace's $915M Arize Deal

By Al Barbarino

Goodwin Procter LLP and DLA Piper are advising Dynatrace and Arize, respectively, on Dynatrace's $915 million planned acquisition of the artificial intelligence observability company.

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Promethean, Emerging Launch $300M Hospitality Tech Fund

By Nathan Hale

Hospitality investment and operating platform Emerging Fund Management LLC and private equity firm Promethean Investments LLP announced Friday that they are teaming up as equal co-sponsors of a fund focused on technology underlying hospitality and experiential entertainment.

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EXPERT ANALYSIS

Mapping A Compliance Framework For AI Chatbot Operators

The Federal Trade Commission's recent artificial intelligence guidance, together with emerging state AI chatbot laws, wiretapping statutes and telecommunications requirements, carry significant implications for consumer-facing chatbot and customer service tool operators that require a layered disclosure framework addressing multiple regulatory touchpoints, say attorneys at Winston Taylor.

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3 Ways Policyholders Can Challenge AI Claims Handling

As artificial intelligence tools become increasingly embedded in insurance claims handling, policyholders in coverage litigation should seek discovery of AI training data as payout-optimizing software may bolster bad faith claims and insurers' AI-use parameters may run afoul of good faith precedent, say attorneys at Cohen Ziffer.

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Fed. Circ.'s Thermostat Ruling Holds Patent Jury Trial Lessons

The Federal Circuit's recent decision in Ollnova v. Ecobee, throwing out a $11.5 million patent infringement award, clarifies key rules for jury verdict forms and sends an important message on patent subject matter eligibility, says Bijal Vakil at Skadden.

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Midyear Trends, Takeaways As Securities Class Actions Surge

High numbers of securities class actions through June suggest filings will stay elevated, with factors like changing enforcement attitudes, media scrutiny and the proliferation of potential defendants serving as both cause and effect in increased litigation involving AI-related disclosures, health and tech companies, and foreign issuers, say attorneys at Alston & Bird.

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Other Transaction Authority May Change Military Construction

Early use of the Pentagon’s expanded authority to use other transaction agreements for defense construction projects suggests it may become a consequential change that draws new entrants into the marketplace, so participants should be cognizant of how it differs from the familiar Federal Acquisition Regulation model, say attorneys at Holland & Knight.

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LEGAL INDUSTRY

Are your summer associates prepared for a legal career?

How does your firm shape the summer associate experience and mentor new talent? Invite your summer associates to share their perspectives in this year’s Law360 Pulse Summer Associates Survey.

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Analysis

Can Texas, Nevada Replicate Delaware's Corporate Edge?

By Jarek Rutz

Texas and Nevada have spent the past few years rewriting corporate laws and building specialized business courts in an effort to challenge Delaware's long-standing dominance as the preferred home for U.S. companies. While a handful of high-profile corporations have already made the move, corporate law experts say creating another Delaware will require far more than new statutes and judges.

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Immigration Judge Says Anti-DEI Bias Led To Her Ousting

By Elaine Briseño

A Black immigration judge has sued the U.S. Department of Justice for discrimination, alleging her firing was related to anti-DEI sentiments at the agency that overwhelmingly targeted older, nonwhite women.

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White House, BigLaw Atty Picked For Tenn. Federal Bench

By Jack Karp

President Donald Trump announced Friday that he is nominating a White House attorney and former BigLaw associate to serve as a Tennessee federal judge.

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Holland & Knight Loses Bid To Escape GWG Fraud Suit

By Emily Sawicki

Holland & Knight LLP must face adversary claims in Houston bankruptcy court after a Texas federal judge found the trustee for bankrupt life insurance bond seller GWG Holdings Inc. had made a plausible case that the firm and one of its attorneys engaged in a racketeering conspiracy with its ex-chairman.

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Law Student's Race Bias Claim Survives In Kirk Discipline Suit

By Matt Perez

A Texas federal judge on Friday allowed a former Texas Tech law student to proceed with her claim that the university board was discriminatory in disciplining her over comments she made allegedly celebrating the death of Charlie Kirk because non-Black students who spoke about the assassination weren't investigated.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Megan Norcott

The past week in London has seen newly signed Real Madrid footballer Yan Diomandé sued over access to his image rights, Nigel Farage and Reform UK deputy leader Richard Tice accuse the NCA of leaking confidential financial information, and a right-wing American journalist hit The Guardian with a libel claim. 

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GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

Boeing has won dismissal of a Delaware suit brought by pension funds accusing its board of putting profits before safety. And in-house counsel helped pick Latham & Watkins as the leader on an annual list of client service all-stars.

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Law360's Legal Lions Of The Week

By Kevin Penton

Baker Botts LLP and King & Spalding LLP lead this week's edition of Law360 Legal Lions, after the Ninth Circuit enforced an over $2 billion arbitral award issued to a satellite communications company, ruling that the legal concept of an optimal venue for a case doesn't apply in matters concerning the enforcement of international arbitral awards.

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In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

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COMPANIES IN TODAY'S NEWS

Acrisure LLC

Adani Enterprises Ltd.

Adidas AG

AerCap Holdings N.V.

Airtable

Amazon.com Inc.

Ankura Consulting Group LLC

Apple Inc.

Arthur J. Gallagher & Co.

Asahi Kasei Corp.

BTI Consulting Group Inc.

CLS Bank International

Coinbase Global Inc.

Cottrell Inc.

Cox Communications Inc.

Cox Enterprises Inc.

Darrow AI Ltd.

DoorDash Inc.

DraftKings Inc.

Dropbox Inc.

Dubai Aerospace Enterprise

Dynatrace LLC

Electric Reliability Council of Texas Inc.

Everyday Health Group

FanDuel Inc.

Federalist Society

Flutter Entertainment

Fort Point Capital

Global Logistic Properties Ltd.

Gopher Resource LLC

GrubHub Inc.

HDR Global Trading Ltd.

Harvard University

Hewlett Packard Enterprise Co.

Houlihan Lokey Inc.

Instagram Inc.

International Foundation of Employee Benefit Plans

Jetex

Jump Trading LLC

Juniper Networks Inc.

LendingClub Corp.

LinkedIn Corp.

Lloyd's America Inc.

Lloyds Bank PLC

MS Amlin PLC

Mediterranean Shipping Co. SA

Medtronic PLC

Meta Platforms Inc.

Microsoft Corp.

NERA Economic Consulting Inc.

Network Rail Ltd.

New York Daily News Co.

Nielsen Holdings PLC

Ohio Public Employees Retirement System

OpenAI OpCo LLC

Palantir Technologies Inc.

Petrofac Ltd.

Pfizer Inc.

Professional Footballers Association Enterprises Ltd.

Promethean Investments LLP

Ranbaxy

Real Madrid

RealPage Inc.

Salesforce.com Inc.

State Bar of Texas

State Teachers Retirement System of Ohio

Sumo Logic Inc.

Tesla Inc.

Texas Medical Association

The Boeing Co.

The Goldman Sachs Group Inc.

The New York Times Co.

TripAdvisor Inc.

Tutor Perini Corp.

UMB Financial Corp.

Uber Technologies Inc.

Walmart Inc.

Ziff Davis Holdings Inc.

Zuora Inc.

LAW FIRMS IN TODAY'S NEWS

Addleshaw Goddard

Alston & Bird

Andrews Myers

Ashurst Perkins

Axinn

Aylstock Witkin

Baker Botts

Benesch

Bird & Bird

Blake Morgan LLP

CMS Cameron McKenna

Chaffin Luhana LLP

Clifford Chance

Clyde & Co

Cohen & Gresser

Cohen Ziffer

Consovoy McCarthy

Cooley LLP

Cooper & Kirk

Costello & Silverman

Covington & Burling

Crowell & Moring

DLA Piper

Duane Morris

Edmonds Marshall McMahon

Erise IP

Faegre Drinker

Fladgate LLP

Flannery Georgalis

Foley & Lardner

Geldards

Gibson Dunn

Gilbert Employment Law

Girard Sharp

Goodwin Procter

Greenberg Traurig

HSF Kramer

Hogan Lovells

Holland & Knight

Jackson Walker LLP

Jones Walker LLP

Keker Van Nest & Peters

Kennedys Law LLP

Keystone Law

King & Spalding

Kirkland & Ellis

Klaris Law

Latham & Watkins

Lieff Cabraser

Loevy & Loevy

McCarter & English

McDonald Carano

Meritz Reddy

Milbank LLP

Mills & Reeve

Mintz Levin

Mishcon de Reya

Morgan Lewis

Morrison & Foerster

Motley Rice

Nabarro LLP

Nicolaides Fink

Norton Rose

O'Melveny & Myers

Olshan Frome

Orrick Herrington

Osborne Clarke

Peiffer Wolf

Reid Collins

Reynolds Porter

Riley Safer

Ropes & Gray

Rothwell Figg

Ruggeri Parks

Rusty Hardin

Ruttenberg IP Law

Saiber LLC

Saul Ewing

Scott&Scott

Selendy Gay

Sheppard Mullin

Shook Hardy

Sidley Austin

Simmons Hanly

Simons Muirhead Burton

Skadden Arps

Snell & Wilmer

Stephenson Harwood

Susman Godfrey

Thompson Coburn

Troutman

Walsh Pizzi

Ward Hadaway

White & Case

Williams Mullen

WilmerHale

Winston Taylor

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Public Utilities Commission

Central Intelligence Agency

Commodity Futures Trading Commission

Companies House

Congressional Research Service

Connecticut Attorney General's Office

Delaware Court of Chancery

European Union

Executive Office for Immigration Review

Executive Office of the President

Federal Acquisition Regulatory Council

Federal Aviation Administration

Federal Bureau of Investigation

Federal Communications Commission

Federal Deposit Insurance Corp.

Federal Trade Commission

Financial Crimes Enforcement Network

Florida Department of Health

Food and Drug Administration

Internal Revenue Service

International Trade Commission

National Crime Agency

New York Attorney General's Office

New York City Council

Office of the U.S. Trade Representative

Patent Trial and Appeal Board

U.S. Air Force

U.S. Army

U.S. Army Corps of Engineers

U.S. Attorney's Office

U.S. Attorney's Office for the Western District of North Carolina

U.S. Court of Appeals for the Eighth Circuit

U.S. Court of Appeals for the Federal Circuit

U.S. Department of Commerce

U.S. Department of Defense

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of Veterans Affairs

U.S. Department of the Treasury

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the District of Maryland

U.S. District Court for the District of Minnesota

U.S. District Court for the District of New Jersey

U.S. District Court for the Eastern District of Tennessee

U.S. District Court for the Eastern District of Texas

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Texas

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Texas

U.S. Government Accountability Office

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

Washington Attorney General's Office