Elon Musk's SpaceX disclosed Tuesday that it has agreed to acquire Anysphere Inc., the developer of artificial intelligence coding assistant Cursor, in an all-stock transaction valuing the company at about $60 billion.
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WEDNESDAY, JUNE 17, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

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SpaceX Inks $60B Cursor Deal As Gibson Dunn, Kirkland Lead

By Al Barbarino

Elon Musk's SpaceX disclosed Tuesday that it has agreed to acquire Anysphere Inc., the developer of artificial intelligence coding assistant Cursor, in an all-stock transaction valuing the company at about $60 billion.

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Consumers Call Google Search Damages 'Palpably Obvious'

By Bryan Koenig

Consumers want a California federal judge to preserve their antitrust claims accusing Google of shutting out rival search engines that offer better privacy safeguards and no ads, arguing they don't yet need to articulate damages each has borne because it's "impossible" for them not to have been harmed.

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Midjourney Faces Discovery Limits Into Studios' AI Use

By Dorothy Atkins

A California federal magistrate judge Monday ordered Disney, Universal and Warner Bros. to produce some data on their own use of artificial intelligence in the studios' copyright lawsuit against Midjourney, finding that some requested information is appropriate, but Midjourney's broader requests are irrelevant or shielded under work product privileges.

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Amazon Says YouTubers' DMCA Suit Rests On 'Guesswork'

By Rae Ann Varona

Amazon has urged a Seattle federal court to toss three YouTube creators' proposed Digital Millennium Copyright Act class action that accuses the e-commerce giant of scraping millions of copyright-protected videos to train its generative artificial intelligence model Nova Reel, saying the YouTubers' failure to link it to certain datasets makes their allegations "entirely speculative."

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DOJ Wants NAACP's Air Permit Suit Against XAI Tossed

By Rae Ann Varona

The Trump administration has urged a Mississippi federal court to let it step in as a plaintiff and dismiss the NAACP's lawsuit that seeks to bar X.AI Corp.'s operation of a data center-powering gas plant in Southaven, saying the NAACP can't pursue the lawsuit over the government's objection.

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Book Publishers Want WeLib 'Shadow Library' Dismantled

By Elliot Weld

A group of large book and text publishers is suing to dismantle WeLib, an online "shadow library" that the publishers said was built off the "notorious pirate site" Anna's Archive.

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POLICY & REGULATION

Scrap AT&T's Bid To Get Out Of Copper Line Rules, Calif. Says

By Christopher Cole

California officials urged the Federal Communications Commission to reject AT&T's push to escape state rules that the company says are blocking its transition from copper to fiber networks.

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FCC Urged To Revise Test Rule Language

By Aneeta Mathur-Ashton

A trade group representing commercial, scientific and testing laboratories in the U.S. has asked the Federal Communications Commission to narrowly tailor the language of a planned rule that would restrict accreditation for labs that test communications equipment.

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Illinois Adds Taxes On Digital Ads, Crypto, Prediction Markets

By Maria Koklanaris

Illinois will tax digital advertising, social media platforms, cryptocurrency, prediction markets and more under a nearly $56 billion budget signed Tuesday by Democratic Gov. JB Pritzker.

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Montanans Say Data Center Electricity Rates Need Their Input

By Elaine Briseño

Environmental advocacy groups seek to intervene in NorthWestern Energy's application to establish new rates for future data centers, telling the Montana Public Service Commission that their input is needed to protect residential customers from unpredictably higher costs.

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EU Parliament Approves Trade Deal With US

By Dylan Moroses

European Union lawmakers voted Tuesday to approve legislation implementing the bloc's safeguard-bolstered trade deal with the U.S. founded on a series of tariff cuts, moving one step closer to implementation that is expected before the end of the month.

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Brief

FCC Lifts Security Ban On Some Foreign-Made Toy Drones

By Christopher Cole

The Federal Communications Commission said that "toy drones" manufactured in foreign countries or using parts from overseas will no longer fall under an FCC ban on most drones produced outside the U.S.

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LITIGATION

2nd Circ. Judge Blasts 'Wrong' Video Privacy Test In NBA Suit

By Allison Grande

The Second Circuit appeared poised Tuesday to uphold the dismissal of a proposed class action accusing the NBA of illegally sharing newsletter subscribers' video-viewing habits with Meta although one judge said prior rulings set the "wrong" circuit precedent for what data disclosures are prohibited by the Video Privacy Protection Act.

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Capital One Clients Denied Class Cert. In Data Sharing Suit

By Hailey Konnath

A California federal judge Tuesday refused to certify a class of Capital One customers claiming their personal financial information was illegally disclosed to Meta Platforms Inc., Google LLC and others, ruling that there are too many individualized factors at play.

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Monolithic Wins Bid To Send Patent Case From WDTX To Calif.

By Adam Lidgett

A Texas federal judge has shipped a suit accusing Monolithic Power Systems of infringing a power conversion patent to California, finding that neither the power management parts maker nor the patent owner is based in Texas.

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Chamberlain Hrdlicka Gets New Look At $700K Award In Texas

By Lynn LaRowe

The Texas Supreme Court has granted a request from Chamberlain Hrdlicka White Williams & Aughtry to review lower court rulings that left the firm on the hook for $700,000 in a breach of contract dispute with a cost-cutting consultant, which the firm claims should have received no more than $40,000.

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AGs Face Opposition To RealPage Intervention Bid

By Matthew Perlman

Renters and building owners in multidistrict litigation alleging landlords used RealPage's software to inflate rental rates have told a Tennessee federal court the deals they reached cover any damages that attorneys general for four states and the District of Columbia might seek on behalf of their citizens.

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GM Says Cadillac EV Owners' Design Defect Suit Falls Flat

By Susan Smiley

General Motors has asked a Washington federal judge to toss a proposed class action accusing the automaker of false advertising and concealing design defects in its Cadillac Lyriq electric vehicle, saying the complaint fails to make any specific claims or show how the plaintiffs were harmed by the alleged electrical malfunctions.

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Trade Desk Brass Face Derivative Suit Over New Ad Platform

By Katryna Perera

A Trade Desk shareholder has launched a derivative suit against the company's top brass, claiming they misled investors about the adoption and performance of the company's Kokai advertising platform and knew customers were slow to adopt the product and were encountering significant usability and functionality problems, but represented otherwise. 

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Software Co. Says Exec Is Taking Trade Secrets To Rival

By Julie Manganis

Software company EnterpriseDB asked a Massachusetts judge to stop a former vice president from jumping to competitor Couchbase, citing both a noncompete agreement and evidence that he downloaded hundreds of documents prior to his departure.

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Game-Maker Seeks $13.5M Over Alleged Counterfeits

By Carla Baranauckas

The maker of Fusion skill game platforms has accused a Philadelphia route operator and his company of selling hacked and counterfeit versions of its game systems on eBay and Facebook Marketplace, alleging in a federal lawsuit that the knockoffs duplicate its copyrighted artwork and registered trademarks.

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THC Drink Co. Hid Auto-Renewal Fee, Calif. Suit Claims

By Jonathan Capriel

The maker of cannabis-infused beverage Brez intentionally concealed automatic renewal terms on its website in "small" gray font in order to charge an online shopper a recurring $54.21 subscription fee, according to a Los Angeles County lawsuit, which will be getting a new judge, according to a Monday order.

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Brief

Carnegie Mellon, LSI Settle Ahead Of Memory Patent Trial

By Elliot Weld

Carnegie Mellon University has settled patent infringement claims it brought against an indirect subsidiary of Broadcom Inc. related to memory storage technology.

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Brief

ITC To Review Hoverboard Patent Infringement Decision

By Jack McLoone

The U.S. International Trade Commission said Tuesday that it will review portions of an administrative law judge's decision finding two companies infringed two Razor USA LLC patents for self-balancing hoverboards.

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DEALS

Kirkland-Led Clearlake Wraps $14.8B Flagship Fund

By Jade Martinez-Pogue

Kirkland & Ellis LLP-advised private equity shop Clearlake Capital Group LP on Tuesday revealed it had closed its eighth flagship fund with $14.8 billion in tow, targeting investments in the artificial intelligence, software modernization, digital transformation and operational efficiency sectors.

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BANKRUPTCY

Crypto Firm BlockFills Gets OK For $3.25M Ch. 11 Sale

By Clara Geoghegan

A Delaware bankruptcy judge on Tuesday agreed to approve the $3.25 million sale of cryptocurrency financial technology firm BlockFills to a Belgian digital asset investment group as BlockFills prepares for a Chapter 11 plan confirmation hearing.

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ENFORCEMENT

NC Man Must Pay $36K To End SEC's Suit Over 'Free-Riding'

By Abigail Harrison

A U.S. Securities and Exchange Commission lawsuit accusing a North Carolina man of taking advantage of broker-dealer services to trade hundreds of thousands in securities despite not having the funds came to an end Monday in a final judgment after he failed to appear.

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EXPERT ANALYSIS

AI Deals Call For Tailored Approach To Address Hidden Risks

As artificial intelligence deals continue to advance, they raise complex intellectual property questions with hard-to-verify technical facts that require a different approach to due diligence, risk allocation and execution, say lawyers at Katten.

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How Boards Can Shrink The AI Governance Gap

While companies have overwhelmingly embraced artificial intelligence, most lack corresponding governance structures and director-level fluency to oversee these programs, highlighting the importance of board and executive supervision to keep pace with growing litigation risk, say attorneys at Alston & Bird.

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Fannie, Freddie AI Rules Raise Stakes For Mortgage Lenders

Artificial intelligence governance frameworks recently released by Fannie Mae and Freddie Mac impose monitoring and vendor oversight standards on mortgage lenders, potentially reshaping secondary-market eligibility, fair lending reviews and risk management as compliance deadlines approach, says Brendan Palfreyman at Harris Beach.

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The Paradoxical Duty To Adopt AI When You Can't Bill For It

Both billing for hours saved using artificial intelligence and preserving billable time by not adopting AI may violate rules of professional conduct, but until bar associations' ethics rules catch up to this emerging economic dilemma, firms must decide how to adjust fee structures themselves, says Ines Lassalle at Peyrot & Associates.

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LEGAL INDUSTRY

These Firms Secured The Most Damages In The Last 3 Years

By Daniel Moritz-Rabson

Government lawyers had a strong success rate in federal courts over the last three years, but intellectual property litigation saw certain firms secure damage awards worth hundreds of millions of dollars for clients, according to Lex Machina's Law Firms Activity Report 2026 released on Tuesday.

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Ex-Girardi Atty Hid Firm's Diversion Of Funds, State Bar Says

By Bonnie Eslinger

A State Bar of California prosecutor argued Tuesday at a disciplinary trial that ex-Girardi Keese attorney Robert Finnerty hid the firm's misappropriation of millions of dollars from a family's $53 million settlement, while Finnerty's counsel countered he's being blamed for the actions of his former boss, convicted and disbarred attorney Tom Girardi.

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SCOTUSblog Founder Goldstein Denied Acquittal Or Retrial

By Alison Knezevich

A Maryland federal judge on Tuesday denied SCOTUSblog founder Tom Goldstein's bid for an acquittal or new trial, rejecting his claims that issues with jury instructions and excluded evidence warranted a do-over in his tax evasion and mortgage fraud case.

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Ex-Judge Loses Bid To Undo ICE Obstruction Conviction

By Britain Eakin

Former Wisconsin state judge Hannah Dugan has failed in her attempt to use a Fourth Circuit decision to vacate her conviction for helping a defendant in her courtroom evade immigration agents, with a federal judge ruling Tuesday the decision involves fact patterns that differ from her case.

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Senate Rejects Bid To Block Fast-Track Immigration Appeals

By Courtney Bublé

A Democratic-led Senate resolution that would have blocked a U.S. Department of Justice rule directing its Board of Immigration Appeals to quickly dismiss cases that don't raise "novel" issues failed to pass Tuesday.

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Blanche To Go Before Senate Panel July 15

By Courtney Bublé

Acting U.S. Attorney General Todd Blanche's nomination hearing is a month away, and the fate of his confirmation is likely in the hands of Sens. Thom Tillis, R-N.C., and John Cornyn, R-Texas.

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Oral Arguments In Comey, James Appeal Set For September

By Aneeta Mathur-Ashton

The Fourth Circuit has scheduled in-person oral arguments for the Trump administration's appeal of the dismissals of indictments against former FBI Director James Comey and New York Attorney General Letitia James for Sept. 15-18.

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Brazil Says Justice Is Immune From Trump Media's Suit

By Carolina Bolado

Brazil asked Monday to intervene and dismiss a suit by President Donald Trump's media company and online video-sharing platform Rumble Inc. against a Brazilian Supreme Federal Court justice's gag orders, saying the suit cannot overcome immunity under the Foreign Sovereign Immunities Act.

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COMPANIES IN TODAY'S NEWS

APC

AT&T Inc.

Adobe Inc.

Advanced Micro Devices Inc.

Alphabet Inc.

Amazon.com Inc.

American Bar Association

American Civil Liberties Union

Anthropic PBC

Apple Inc.

Association of American Publishers

BH Management Services LLC

Bauer Inc.

Broadcom Inc.

Burke Inc.

Camden Property Trust

Capital One Financial Corp.

Chicago Blackhawks

Clearlake Capital

Clearlake Capital Group LLC

CoreWeave

Cottrell Inc.

Couchbase Inc.

Dice Holdings Inc.

Dun & Bradstreet Corp.

Earthjustice

EnterpriseDB

Equity Residential

Federal National Mortgage Association

Ford Motor Co.

Freddie Mac

Google LLC

Hachette Book Group Inc.

HarperCollins Publishers LLC

Highmark Residential LLC

Honor the Earth

Institutional Shareholder Services Inc.

Lex Machina Inc.

LexisNexis Legal & Professional

Meta Platforms Inc.

Microsoft Corp.

Mid America Apartment Communities Inc.

Monolithic Power Systems Inc.

Mozilla Corp.

NBCUniversal Media LLC

National Association for the Advancement of Colored People

National Basketball Association Inc.

New York State Bar Association

NorthWestern Energy Group Inc.

OpenAI OpCo LLC

Oracle Corp.

PG&E Corp.

Qualus LLC

RELX PLC

Razor USA LLC

RealPage Inc.

Reliz Ltd.

Samsung Electronics Co. Ltd.

Southern Environmental Law Center

Space Exploration Technologies Corp.

Spotify Technology SA

State Bar of California

The Bozzuto Group Inc.

The Energy Coalition

The Florida Bar

The Walt Disney Co.

Twitter Inc.

Upstart Holdings Inc.

Warner Bros. Entertainment Inc.

YouTube Inc.

Zillow Group Inc.

eBay Inc.

LAW FIRMS IN TODAY'S NEWS

Abir Cohen

Adams & Reese

Alexander Dubose

Alioto Law Firm

Allen Matkins

Alston & Bird

Archie Lamb & Associates

Bailey & Glasser

Baker & Hostetler

Baker Donelson

Barrack Rodos

Barrett & Farahany

Baughman Kroup

Bell Nunnally

Berger Montague

Boies Schiller

BoiesBattin

Bondurant Mixson

Bonsignore Trial Lawyers

Bradley Arant

Bryan Cave Leighton Paisner

Butler Prather

Butler Snow LLP

Cafferty Clobes

Carmichael Ellis

Chamberlain Hrdlicka

Clark Hill

Cleary Gottlieb

Clement & Murphy

Cohen Milstein

CohenMalad

Cooley LLP

Cotchett Pitre

Covington & Burling

Cozen O'Connor

Criden & Love

DLA Piper

DTO Law

DiCello Levitt

Dimond Kaplan

Dow Golub

Edelson PC

Ellzey Kherkher

Foley & Lardner

Foley Hoag

Frazer PLC

Gainey McKenna

Gallagher Evelius

Gibson Dunn

Gillam Smith

Gimbel Reilly

Girardi & Keese

Gordon Rees

Gupta Wessler

Gustafson Gluek

Hagens Berman

Harris Beach Murtha

Hartley LLP

Hausfeld LLP

Herzfeld Suetholz

Holland & Knight

Hughes Hubbard

Irell & Manella

Israel David LLC

Jenner & Block

Jones Day

K&L Gates

Katten Muchin

Kellogg Hansen

King & Spalding

Kirkland & Ellis

Korein Tillery

Kozyak Tropin

Latham & Watkins

Law Offices of Lawrence G. Papale

Law Offices of Mark J. Beutler

Levin Sedran

Levine Lee

Lieff Cabraser

Littler Mendelson

Lockridge Grindal

Lowell & Associates

Lowey Dannenberg

M.D. Gibson & Bolen

Mayer Brown

McDermott Will & Schulte

McKool Smith

Morgan Lewis

Munger Tolles

O'Melveny & Myers

Ogletree Deakins

Oppenheim & Zebrak

Pacific Trial Attorneys

Page Scrantom

Peyrot & Associates

Pfau Cochran

Quinn Emanuel

Reed Smith

Reinhardt Wendorf

Richard D. Tuschman PA

Robins Kaplan

Rosen Law Firm PA

Rosing Pott

Salahi PC

Schneider Wallace

Scott&Scott

Sherrard Roe

Shook Hardy

Shuman Glenn

Sims Funk

Skadden Arps

Smith Krivoshey

Spector Roseman

Spragens Law

Steckler Wayne

Stranch Jennings

Strang Bradley

Strauss Borrelli

Terrell Marshall

Troutman

Veen Firm

Vinson & Elkins

Wexler Boley

White and Williams

Whiteford Taylor

Williams & Connolly

Winston Taylor

Zimmerman Reed

GOVERNMENT AGENCIES IN TODAY'S NEWS

California Public Utilities Commission

Committee on Foreign Investment in the United States

Commonwealth of Massachusetts

Consumer Financial Protection Bureau

Council of the EU

European Commission

European Parliament

European Union

Executive Office of the President

Federal Bureau of Investigation

Federal Communications Commission

Federal Housing Finance Agency

Internal Revenue Service

International Trade Commission

Mississippi Department of Environmental Quality

Montana Public Service Commission

New York Attorney General's Office

Patent Trial and Appeal Board

Texas Supreme Court

U.S. Attorney's Office for the District of Maryland

U.S. Attorney's Office for the Eastern District of Wisconsin

U.S. Bankruptcy Court for the District of Delaware

U.S. Court of Appeals for the Fourth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Defense

U.S. Department of Justice

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

U.S. District Court for the District of Columbia

U.S. District Court for the District of Delaware

U.S. District Court for the District of Maryland

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

U.S. District Court for the District of South Carolina

U.S. District Court for the Eastern District of North Carolina

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

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

U.S. District Court for the Middle District of Florida

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

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

U.S. District Court for the Southern District of Florida

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

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

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

U.S. House of Representatives

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the Eastern District of Wisconsin