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May 07, 2026
Delivery drivers for a catering platform were misclassified as independent contractors and denied minimum wages and overtime pay, according to a proposed class action in California state court.
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May 07, 2026
Bayer AG has been hit with a proposed class action in New York federal court alleging that claims on its Men's One A Day Pre-Conception Health Multivitamin supplements misleadingly convey that they could improve chances of conception and support sperm health.
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May 07, 2026
The top Democrat on the Senate Banking Committee has called on Meta CEO Mark Zuckerberg to provide more information about the company's reported plans to introduce stablecoin-based payment features for its users, accusing it of a "deeply troubling" lack of transparency about the project.
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May 07, 2026
The U.S. Department of Defense told the D.C. Circuit on Wednesday that Defense Secretary Pete Hegseth acted well within his statutory discretion when he labeled Anthropic PBC a supply-chain risk to U.S. national security, rejecting Anthropic's claims of retaliation.
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May 07, 2026
Kalshi, guided by Cooley LLP, announced Thursday that it raised $1 billion for its Series F fundraising round as it reached a $22 billion valuation.
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May 07, 2026
The U.S. Department of Justice is correct that having a patent included in a standard does not necessarily give the patentholder market power, Netlist said in defending itself against Samsung's lawsuit accusing it of exploiting a standard-setting process.
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May 07, 2026
Jones Day and Latham & Watkins LLP are steering a deal under which Payward Inc., parent company of crypto exchange Kraken, will acquire financial technology company Reap Technologies Holdings Ltd. in an up to $600 million payable cash-and-stock deal, the parties announced Thursday.
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May 07, 2026
A Fourth Circuit panel seemed to struggle Thursday with what one judge described as a "Draconian" contempt order against a Womble Bond Dickinson partner, with the panel nudging counsel for both sides towards a simpler solution that wouldn't force the court's involvement.
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May 07, 2026
Semiconductor manufacturer Skyworks must face a proposed shareholder class action accusing it of downplaying the financial impact of its diminished business relationship with Apple, with the court finding the investors plausibly show the company concealed relevant information before revealing last year it would pull back its revenue expectations.
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May 07, 2026
Liberty Mutual Insurance Co. faces a proposed consumer class action alleging it failed to effectively safeguard private information for current and former clients after hackers claimed they stole information and sought a ransom payment.
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May 07, 2026
Meta and its Instagram platform asked a Los Angeles judge to override a landmark jury verdict awarding millions of dollars in damages to a woman claiming she became addicted to the social media site as a child, saying in the alternative they deserve a new trial.
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May 07, 2026
A Delaware federal judge has allowed Apollo.io to press ahead with most of its counterclaims against competitor ZoomInfo Technologies LLC, finding that Apollo plausibly alleged that its larger rival used monopoly power, patent litigation and negative customer messaging to suppress competition in the sales-intelligence data market.
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May 07, 2026
A Virginia federal judge denied Zillow and Redfin's bid Wednesday to toss the Federal Trade Commission's suit accusing the companies of colluding through a $100 million payment to stop competing on multifamily rental listings, ruling that the "fact-intensive nature" of the commission's complaint justifies it surviving past the pleading stage.
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May 07, 2026
Meta moved Wednesday to exit a Washington state woman's lawsuit claiming she was maligned online after a secret dashcam video of her texting while driving went viral, contending Section 230 of the Communications Decency Act safeguards the social media giant from liability for posts on its Facebook and Instagram platforms.
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May 07, 2026
Space-based radio signals company HawkEye 360 began trading publicly on Thursday after raising $416 million in its initial public offering led by Cooley LLP and Davis Polk & Wardwell LLP.
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May 07, 2026
A New York federal judge asked state enforcers on Thursday to outline the remedies they intend to seek from Live Nation, along with the discovery they expect to need, before deciding a schedule for the next steps in the antitrust case against the major live entertainment company.
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May 07, 2026
The U.S. Patent and Trademark Office has told the Federal Circuit that Verizon can't appeal a ruling by the agency's former director that wiped out the Patent Trial and Appeal Board's invalidation of a patent it challenged, saying the court has consistently upheld the board's ability to terminate such challenges.
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May 07, 2026
Davis Polk & Wardwell LLP is advising Roche on a deal announced Thursday that would see the Swiss healthcare company purchase a Boston-based, AI-powered digital pathology company for up to $1.05 billion.
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May 07, 2026
A New York federal judge won't let IBM Corp. entirely out of a suit from the village of Endicott alleging that the computer giant's old headquarters contaminated groundwater with forever chemicals and other pollution, only tossing claims related to one of the three wells at issue.
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May 07, 2026
British private equity firm Apis Partners Group Ltd., led by Clifford Chance LLP, on Thursday revealed that it closed its latest funds with a combined $1.23 billion of commitments, which will be used to invest in technology-enabled businesses in the financial infrastructure and services sectors.
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May 07, 2026
Artificial intelligence was a common denominator across recent deal rumors, as Blue Owl Capital was said to be exploring a $30 billion sale of Stack Infrastructure's Asia operations, Anthropic cut a reported $200 billion deal with Google Cloud, and KKR raked in billions for the buildout of a new data center-focused AI company.
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May 07, 2026
Fenwick & West LLP has hired the former assistant general counsel of the FBI, who will work as a counsel to support technology and life sciences companies and who is rejoining the former FBI director's chief of staff in the Washington, D.C., office.
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May 06, 2026
The Federal Communications Commission's digital discrimination rules, which were passed during the Biden administration, were knocked down by the Eighth Circuit on Wednesday after the panel found the agency reached beyond its statutory mandate when creating the restrictions.
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May 06, 2026
Ex-OpenAI board member Shivon Zilis, who has four children with Elon Musk, took the stand in a California federal jury trial Wednesday over Musk's challenge to OpenAI's for-profit conversion, defending her role as an intermediary between Musk and other OpenAI founders and testifying she twice raised concerns over Sam Altman's leadership.
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May 06, 2026
An executive for a child protection organization told a New Mexico judge Wednesday that "ongoing quality issues" with Meta's reporting and the use of message encryption have made it harder to deliver actionable reports to law enforcement, as the state seeks $3.7 billion in reforms at the social media company.