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Technology
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September 10, 2025
Latham-Led Stablecoin Firm Figure Prices Upsized $788M IPO
Stablecoin issuer Figure Technology Solutions began trading Thursday after it priced an upsized initial public offering that raised $787.5 million above its marketed range, in an offering guided by Latham & Watkins LLP and Davis Polk & Wardwell LLP.
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September 10, 2025
FTC Urged To Probe Microsoft Over Ascension Data Breach
U.S. Sen. Ron Wyden, D-Ore., is calling on the Federal Trade Commission to open an investigation into Microsoft's "gross cybersecurity negligence" that has allegedly contributed to cyberattacks against critical infrastructure providers, including a 2024 ransomware hack that targeted hospital system Ascension.
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September 10, 2025
2nd Circ. OKs Verizon's $47M FCC Fine, Splitting With 5th Circ.
The Second Circuit upheld Wednesday the Federal Communications Commission's $46.9 million fine against Verizon Communications Inc. for misuse of device-location data, rejecting Verizon's arguments that the data falls outside federal privacy protections and that such a penalty without a jury trial was unconstitutional, creating a split with the Fifth Circuit.
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September 10, 2025
FCC's Carr Says Agency Clawbacks Save More Than $9M
The Federal Communications Commission will be clawing back more than $9 million in overpayments that it says it mistakenly made to telecoms and discovered as part of an audit of the "antiquated high-cost program."
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September 10, 2025
T-Mobile Trial Kicks Off As Cell Tower Co. Ups Damages Claim
A Washington state judge chided a cell tower builder Wednesday for introducing new testimony in a breach-of-contract case against T-Mobile USA Inc. just before opening arguments in the trial, asking why the plaintiff firm hadn't shown its math on a fresh $30 million damages estimate.
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September 10, 2025
FCC Sticks With Nearly $1M Pirate Radio Fine
A New York City area man was slapped with a nearly $1 million Federal Communications Commission fine Wednesday for operating an illegal radio station, after the agency says he ignored the notice warning that they intended to fine him for nearly a year.
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September 10, 2025
Coupang Escapes Securities Suit Over IPO Disclosures
A New York federal judge has dismissed a securities class action against South Korean e-commerce company Coupang Inc., several of its executives and offering underwriters alleging they failed to disclose that Coupang was participating in "illicit practices" and ruled that some of the alleged omissions were publicly available information.
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September 10, 2025
FCC Calls Preemption The Way To Rush Telecom Deployment
The Federal Communications Commission is considering making a "rocket docket" for permitting disputes and blocking states and localities from denying small cell wireless permits based on aesthetic concerns, according to a rule update the agency is proposing.
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September 10, 2025
Del. Justices Urged To Revive $10.5B Zendesk Deal Challenge
An attorney for stockholders of software-as-a-service business Zendesk Inc. told Delaware's Supreme Court Wednesday that a conflict at the heart of a challenge to the company's $10.5 billion take-private deal with a private equity consortium was undisclosed at the time of its approval.
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September 10, 2025
Sonos Seeks Exit In $3M Royalties Suit By SoundExchange
Sonos says it shouldn't have to face a suit claiming it and Napster failed to pay more than $3.4 million in royalties, interest and other costs related to the operation of Sonos Radio, saying it never had the responsibility of having to pay any royalties.
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September 10, 2025
Plaintiffs Seek Info From Microsoft, OpenAI In Copyright MDL
A proposed class of authors suing over the alleged use of works to train ChatGPT has asked a Manhattan federal judge to force Microsoft to hand over documents they said could be a "smoking gun of copyright infringement," while a group of news organizations said OpenAI should turn over materials on low-quality, artificial intelligence-generated news sites.
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September 10, 2025
Broadcom Urges Fed. Circ. To Undo Netflix's Patent Wins
Broadcom has told the Federal Circuit that a California federal judge wrongly invalidated two data patents it asserted against Netflix, saying the judge erred in finding that the patents cover steps that could be carried out by a traffic cop or a 19th century switchboard operator.
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September 10, 2025
Teen's Estate Says Grindr Death Suit Can't Be Arbitrated
The estate of a teenager who was killed by a 35-year-old man she matched with on Grindr LLC's dating platform is urging a Florida federal court not to send the case to arbitration or Los Angeles, saying federal law blocks arbitration, and Florida law require that the suit be heard in the state where she was killed.
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September 10, 2025
OpenAI Can't Keep For-Profit Shift Docs From Musk
A California federal magistrate judge has said that OpenAI must produce key planning documents in Elon Musk's lawsuit challenging its attempted shift into a for-profit business, rejecting arguments that the information is protected because it could influence future takeover bids by the billionaire or future investments by Microsoft.
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September 10, 2025
In Juniper's $14B Sale To HPE, Interim Covenants Were Key
Over the course of more than a decade, Juniper Networks had been on and off the block several times, but bids never quite matched the board's sense of the company's worth, Amr Razzak, the Skadden partner who led the team advising Juniper, told Law360.
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September 10, 2025
Cruz Fights NDAA's Pentagon 'Veto' Of Commercial Spectrum
Sen. Ted Cruz, R-Texas, said Wednesday he's pushing to remove a draft provision in this year's defense policy bill that he says would allow the U.S. Department of Defense to effectively "veto" certain allocations of military-held spectrum to the private sector.
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September 10, 2025
$5.9M Fidelity National Data Breach Settlement Gets Final OK
A Florida federal court officially signed off on a $5.9 million settlement of a proposed class action against title insurer Fidelity National Financial over a November 2023 data breach that allegedly impacted roughly 1.3 million individuals, noting the court was notified of a settlement just seven months after the litigation commenced.
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September 10, 2025
AI Infrastructure Startup Nebius Seeks $3B To Fuel Expansion
Dutch artificial intelligence infrastructure company Nebius Group N.V. on Wednesday announced plans to raise up to $3 billion to further fuel its growth, a move that comes just days after the tech company revealed a multibillion-dollar partnership with Microsoft.
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September 10, 2025
Prison Term Delayed For Former CEO Who Didn't Pay Taxes
A former software executive slated to start his prison sentence for failing to pay employment taxes was allowed by a North Carolina federal judge Wednesday to push the date back a second time to have medical operations, including one the government described as elective.
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September 10, 2025
PsiQuantum Valued At $7B After $1B Funding Round
Quantum computer company PsiQuantum, advised by Goodwin Procter LLP, on Wednesday revealed that it hit a $7 billion valuation following the close of its $1 billion Series E funding round, which will help the Palo Alto-based company build "the world's first" commercially useful, fault-tolerant quantum computers.
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September 10, 2025
3rd Circ. Seeks Standing Specifics In Website Tracking MDL
The Third Circuit on Wednesday challenged both retailers and consumers over so-called session replay software capturing online shoppers' data, wanting to know if a proposed class could be more specific about what "sensitive" information was actually shared by Bass Pro Shops and Cabela's and if their stores had any limits on connecting private searches with specific people.
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September 10, 2025
AT&T Gave Prosecutor's Data To Trump-Tied Attys, Suit Says
Nathan Wade, the special prosecutor who exited the Georgia election interference case against President Donald Trump after his romantic relationship with Fulton County District Attorney Fani Willis was revealed, has accused AT&T of unlawfully releasing "breathtaking" amounts of his personal cellphone data to defendants in the case.
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September 10, 2025
NTIA Poised To Release First Spectrum Under New Budget Act
The Trump administration said Wednesday it will make a chunk of spectrum used for weather monitoring available for commercial use, the first such transfer of the airwaves since Congress passed this summer's sweeping budget package.
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September 10, 2025
DC Circ. Temporarily Reinstates Copyright Head After Firing
The fired head of the U.S. Copyright Office has regained her position for the time being after a split D.C. Circuit faulted a lower court's analysis of whether she would be harmed if she didn't get her job back while fighting the Trump administration's dismissal of her.
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September 10, 2025
Skadden, Latham Lead Vimeo's $1.4B Sale To Bending Spoons
Video platform Vimeo Inc. said Wednesday it has agreed to be acquired by Italian mobile app developer Bending Spoons in an all-cash transaction valued at approximately $1.38 billion, with Skadden Arps Slate Meagher & Flom LLP representing Vimeo and Latham & Watkins LLP advising Bending Spoons.
Expert Analysis
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State AGs' Focus On Single-Firm Conduct Is Gaining Traction
Despite changes in administration, both federal antitrust agencies and state attorneys general have shown a trending interest in prosecuting monopolization cases involving single-firm conduct, with federal and state legislative initiatives encouraging and assisting states’ aggressive posture, says Steve Vieux at Bartko Pavia.
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Platforms Face Section 230 Shift From Take It Down Act
The federal Take It Down Act, signed into law last month, aims to combat deepfake pornography with criminal penalties for individual wrongdoers, but the notice and takedown provisions change the broad protections provided by Section 230 of the Communications Decency Act in ways that directly affect platform providers, say attorneys at Troutman.
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Securing IP Protection For AI Avatars
As artificial intelligence avatars play an ever-expanding role in sales, operations and entertainment, companies must plan for intellectual property protection for these brand assets as their control will turn on the nuances of their creation and use, say attorneys at K&L Gates.
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Synopsys-Ansys Merger Augurs FTC's Return To Remedies
The Federal Trade Commission's recent approval of $35 billion merger between Synopsys and Ansys, subject to the divestiture of certain assets, signals a renewed preference for settlements over litigation, if the former can preserve competition and a robust structural remedy is available, say attorneys at Simpson Thacher.
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In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable
The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in the nation last year, and an interview with the court’s newest judge provides insights into why it continues to soar, says Robert Tata at Hunton.
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CIPA May Not Be Necessary To Protect Ad Tech Plaintiffs
A California bill designed to protect businesses from advertising technology claims under the California Invasion of Privacy Act by amending the act retroactively has been highly contested by various consumer advocacy groups, but other existing law may sufficiently protect any plaintiff who suffers actual harm from such tech, says Justin Donoho at Duane Morris.
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What FCA Liability Looks Like In The Cybersecurity Realm
Two recent settlements highlight how whistleblowers and the U.S. Department of Justice have been utilizing the False Claims Act to allege fraud predicated on violations of cybersecurity standards — timely lessons given new bipartisan legislation introducing potential FCA liability for artificial intelligence use, say attorneys Rachel Rose and Julie Bracker.
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Proposed State AI Rule Ban Could Alter Employer Compliance
A proposal in the congressional budget bill that would ban state and local enforcement of laws and regulations governing artificial intelligence may offer near-term clarity by freezing conflicting rules, but long-term planning would remain difficult for employers seeking safe, lawful AI deployment strategies, say attorneys at Fisher Phillips.
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How Attorneys Can Become Change Agents For Racial Equity
As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.
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Opinion
9th Circ. Shopify Decision Gets Personal Jurisdiction Wrong
The Ninth Circuit's recent opinion in Briskin v. Shopify, rejecting the differential targeting requirement for personal jurisdiction, not only deviates from long-standing jurisprudence, but it also significantly expands the reach of internet-based claims under California law, says Matthew Pearson at Womble Bond.
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Digital Equity Act Grant Terminations Raise Key Legal Issues
The Trump administration's move to cancel grant programs created under the Digital Equity Act yields key legal and policy questions facing the executive branch, Congress and the courts, including how the administration plans to implement the cancellation of the Digital Equity Act's appropriations in the first place, say attorneys at Akin.
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GAO Report Reveals How Banks And Regulators Are Using AI
A U.S. Government Accountability Office report published last month makes clear that while both federal regulators and regulated entities like banks and credit unions are employing artificial intelligence to improve efficiency, they're maintaining some skepticism, say attorneys at Orrick.
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Strategies For Litigating In The Unified Patent Court
Since opening its gates two years ago, the European Unified Patent Court has transformed the patent litigation landscape and global litigation strategies, but parties seeking to take advantage of the court's robust processes must be prepared for the front-loaded character of UPC proceedings, say attorneys at McDermott.
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Series
Running Marathons Makes Me A Better Lawyer
After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.
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Tips To Avoid Consumer Tracking Tech Class Actions
Recent class actions alleging Trade Desk illegally tracked millions of consumers through its advertising platform highlight growing data privacy compliance concerns over digital tracking practices, but there are disclosure best practices businesses can take to reduce litigation risk, says David Wheeler at Neal Gerber.