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May 13, 2026
A Toyota mobility systems foundation stole trade secrets from a small Zimbabwean social enterprise by inducing the enterprise to share its proprietary mobility solutions through a joint venture agreement before excluding the enterprise from a "Smart Village" program they collaborated on, the enterprise has alleged in California federal court.
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May 13, 2026
Microsoft's chief technology officer testified in a California federal jury trial Wednesday over Elon Musk's challenge to OpenAI's for-profit conversion, recalling that he proposed Microsoft invest significant resources into OpenAI's for-profit arm to stay competitive despite his initial concerns over whether OpenAI's nonprofit donors had agreed to the for-profit partnership.
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May 13, 2026
A California federal judge has refused to toss a proposed class action accusing Anschutz Entertainment Group of illegally using tracking tools that transmitted website visitors' data to third parties, finding that two of the plaintiff's three wiretap and privacy claims could move forward and that her status as a website "tester" did not preclude her from pressing the suit.
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May 13, 2026
The Rural Broadband Protection Act, which aims to establish a vetting process for internet service providers who are taking part in the Federal Communications Commission's "high cost" program, has finally made it into law after being filed several times over the last couple of years.
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May 13, 2026
A Georgia mother accused gaming giant Roblox Corp. of turning her 13-year-old son into an unpaid game developer who worked more than 40 hours weekly, funneling him and millions of other children into a virtual currency system designed to trap their labor, according to a proposed class action filed in New York federal court.
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May 13, 2026
Artificial intelligence computing company Cerebras Systems Inc. raised roughly $5.6 billion in its blockbuster initial public offering that priced above range late on Wednesday, representing the largest IPO this year.
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May 13, 2026
A Blackstone real estate investment trust focused on data centers is set to begin trading Thursday after raising $1.75 billion in an initial public offering, advised by Simpson Thacher & Bartlett LLP and underwriters' counsel Paul Hastings LLP.
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May 13, 2026
Tesla shareholders, whose breach of fiduciary duty suit against Elon Musk and the automaker's directors was dismissed last month following the company's move to Texas, appealed the dismissal to the Delaware Supreme Court on Wednesday.
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May 13, 2026
A Super Micro Computer Inc. investor says he suffered losses as a result of a secret and illegal sale of servers embedded with Nvidia chips to China and the company's misleading statements, leading to a drop in its stock price, according to a proposed class action in California federal court.
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May 13, 2026
A D.C. federal judge said Wednesday she would not simply "rubber-stamp" a deal to abruptly end the U.S. Securities and Exchange Commission's lawsuit against Elon Musk over his initial purchase of Twitter Inc. stock in 2022, asking at a status conference if Musk was getting special treatment.
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May 13, 2026
A Texas-based technology company has launched new patent infringement suits at district courts in the Lone Star State and Delaware as well as at the U.S. International Trade Commission, targeting companies such as Nvidia Corp., Corsair Gaming and Western Digital.
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May 13, 2026
The Patent Trial and Appeal Board properly invalidated all claims of the five Flypsi Inc. telecom patents Google LLC was found to infringe, the Federal Circuit said Wednesday.
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May 13, 2026
The Ninth Circuit's 2019 ruling against Altera Corp., which upheld rules requiring companies to share the cost of employee stock options with foreign affiliates, means that Meta's income for 2017-18 should be increased by roughly $3 billion, the IRS told the U.S. Tax Court.
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May 13, 2026
Apple Inc. requires its hourly call center employees to boot up computers, log in to security networks and open multiple software programs before clocking in — and doesn't pay them for any of it, a former tech support adviser alleged in a proposed class and collective action filed in California federal court.
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May 13, 2026
E-commerce platform Society Pass has filed for Chapter 11 protection in Texas bankruptcy court with more than $10 million in liabilities and less than $10 million in assets, on the eve of a hearing Wednesday in New York state court to put the business into receivership.
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May 13, 2026
Shutterstock Inc. will pay $35 million to resolve the Federal Trade Commission's lawsuit alleging it knowingly deceived customers about its subscription plans' autorenewal policies, with one executive noting in internal communications they could "hopefully get away with it" when they saw competitor Adobe Inc. sued over its subscription practices in 2024.
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May 13, 2026
Apple has lashed out at Hagens Berman Sobol Shapiro LLP for trying to withdraw a named plaintiff from an iCloud antitrust case in California federal court without discovery into any directions she received to preserve now-deleted emails, raising concerns that the withdrawal is meant to "paper over lost evidence."
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May 13, 2026
A split panel of the Sixth Circuit has upheld a $1 damages award that a Michigan federal judge gave to electronics manufacturer Oldnar Corp., with two judges saying they agreed that Oldnar had not proved higher damages with reasonable certainty.
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May 13, 2026
Military technology company Anduril on Wednesday announced it reached a $61 billion valuation after raising $5 billion in its latest funding round.
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May 13, 2026
A Texas federal judge shot down a request by X Corp. to depose Apple Inc. CEO Tim Cook in a sprawling antitrust lawsuit X launched last year, but said Wednesday that it could depose Apple's head of software.
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May 13, 2026
The Federal Circuit on Wednesday backed a California federal judge's ruling that a contract under which Finelite buys LED chips from Samsung does not require Samsung to indemnify Finelite in a patent suit by Seoul Semiconductor.
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May 13, 2026
A decision from the Patent Trial and Appeal Board that invalidated a patent covering remote control technology asserted against Roku Inc. was affirmed by the Federal Circuit on Wednesday.
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May 13, 2026
A Federal Circuit panel on Wednesday, in a one-line order, affirmed the Patent Trial and Appeal Board's determination that Nike's infringement claims against Lululemon Athletica Inc. related to fitness-tracking technology were invalid.
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May 13, 2026
Geothermal energy developer Fervo Energy hit the public markets on Wednesday after raising $1.9 billion in its upsized initial public offering.
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May 13, 2026
A personal injury law firm in North Carolina is rebutting allegations that it engaged in nefarious activity on the dark web to solicit plaintiffs for a data breach class action, saying it received the data legally from a cybersecurity consulting expert and should not be disqualified from the suit.