Scrutiny of Facebook’s new cryptocurrency Libra is expected to be intense, but experts say early regulatory inspection, a carefully designed governance system and a slate of established partners put the digital token on solid footing.
Microsoft Corp., Dell Technologies, HP Inc. and Intel Corp. joined forces Wednesday to oppose the Trump administration's proposal to include tablets and laptop computers in its list of Chinese goods targeted for tariffs.
Nokia will elevate its current deputy chief legal officer and its head of patent business to the respective roles of chief legal officer and Nokia Technologies president, following the departure of the company's legal head, who will serve as ABB's general counsel, the technology companies announced Wednesday.
Facebook’s decision to base its planned cryptocurrency in Switzerland rather than the U.S. could be the start of a bigger trend if Congress keeps stalling on legislation, an Ohio representative who co-authored a bill that seeks to exclude digital tokens from the statutory definition of a security said during a House hearing Wednesday.
A New York federal judge on Wednesday set a September date to hear arguments over whether to disqualify a former U.S. deputy attorney general turned Sidley Austin LLP partner from representing Huawei Technologies Co. Ltd. in its fight against charges including bank fraud and sanctions violations.
A federal court in New York will hold its first hearing Friday in a lawsuit filed by a contingent of states seeking to block the merger of Sprint and T-Mobile. And while the case is still in its early stages, it’s becoming clear that its direction will largely depend on the U.S. Department of Justice’s review of the deal.
Just months after Intellectual Ventures won a $43 million infringement verdict against Ericsson Inc. and T-Mobile over its wireless communication patents, it's inking settlements with those companies, plus Sprint and Nokia, at the Patent Trial and Appeal Board and in the Eastern District of Texas.
The reference price for Slack Technologies’ initial public offering is set at $26 per share, KKR is getting ready to sell part of its stake in Weststar Aviation Services, and GlaxoSmithKline has launched an effort to sell some of its consumer health brands.
A GOP senator proposed a bill Wednesday that would remove the legal shield that has long protected tech giants from being held liable for content posted by third parties, unless companies prove that their content-removal practices are politically "neutral."
The Federal Communications Commission will take the next step toward establishing a telehealth funding program when it votes in July to ask more targeted questions about how a $100 million pilot initiative to connect patients and doctors via the internet could be structured, the agency said Wednesday.
Qualcomm hit back against the Federal Trade Commission on Tuesday as it again urged a California federal judge to stay her blockbuster antitrust decision against Qualcomm’s high-tech chip licensing practices pending an appeal to the Ninth Circuit.
U.K.-based software corporation Blue Prism said Wednesday it has agreed to buy cloud-based, artificial intelligence-based automation platform Thoughtonomy for £80 million ($101.2 million) in a deal guided by Fieldfisher that will make Blue Prism's services more widely available.
Finnish food delivery app Wolt said Wednesday that it has raised $130 million from a group of private investors led by Iconiq Capital, with plans to expand into new markets and hire 1,000 more employees by the end of next year.
Amid growing concern that foreign-made broadband equipment poses a security risk to American telecommunications networks, FCC Commissioner Geoffrey Starks on Wednesday said he will host a forum next week examining how to weed out and replace existing components that might be compromised.
An AIG unit must cover a parking technology supplier’s defense in a proposed class action over customer receipts that allegedly revealed too many credit card digits because the company’s insurance policy included coverage for privacy and security breaches, according to a lawsuit filed Wednesday in Pennsylvania federal court.
T-Mobile has asked a Kansas federal court to find the city of Wichita in violation of the Communications Act for repeatedly blocking the company's attempts to build a new wireless facility it says is necessary to shore up coverage in the town.
French photography platform Meero announced Wednesday it had landed $230 million in its latest funding round, which it will use to develop its suite of tools and automatic photo-editing features.
Augmented reality startup Magic Leap has accused competitor Nreal and its founder of trying to take a "free ride" on Magic Leap's design for wearable AR technology in order to speed up the development of its own Nreal Light glasses, according to a suit filed Monday in California federal court.
A Delaware federal judge on Tuesday “reluctantly” kept alive four of five claims by Location Based Services LLC against Google LLC for alleged infringement of patents used in mapping and navigation software.
The Federal Circuit on Tuesday gave Samsung a new chance to persuade the Patent Trial and Appeal Board to invalidate a UUSI LLC touchscreen patent it is accused of infringing, saying the board's decision that Samsung didn't prove invalidity was not supported by evidence.
The Federal Communications Commission undercut local governments’ ability to manage the safety of their utility infrastructure when it limited the fees municipalities can charge for new mobile equipment attachments and expedited review timelines, groups recently told the Ninth Circuit in friend-of-the-court briefs.
Adobe Systems Inc. won't have to pay TecSec Inc. $1.75 million for infringing encryption technology patents owned by the data security company, a Virginia federal judge ruled on Tuesday, saying the jury award had been based on a faulty damages model.
A federal judge in Delaware declined Tuesday to dismiss two 3G Licensing SA patent infringement claims against HTC Corp. and three other global electronics firms Tuesday, saying one of the patents appeared to meet the U.S. Supreme Court's Alice standard, while further proceedings are required for the other.
Facebook announced Tuesday its intention to launch its cryptocurrency Libra, which aims to target the 1.7 billion global unbanked population by creating a global digital currency, facing immediate pushback from U.S. legislators and European officials.
The panel that sets precedent for the Patent Trial and Appeal Board heard arguments Tuesday in a case that could clarify requirements for companies using textbooks and other publications to challenge patents, weighing the apparent simplicity of one proposed standard against its demands.
Lower courts have begun to grapple with the implications of the U.S. Supreme Court's 2018 decision in Carpenter v. United States, which concerned the constitutional limits on government acquisitions of digital data. On the anniversary of the decision, Jonathan Cedarbaum, Nina Cahill and Sam McHale of WilmerHale analyze defendants' attempts to extend Carpenter's holding.
The Trump administration recently launched an unprecedented regulatory blitz designed to further protect domestic information and communications technology and services from what it considers Chinese threats. These steps will constrain transactions that could expand China’s access to the U.S. market and to U.S. technology — and some have an immediate effect, say attorneys at Kirkland.
The IRS recently announced it will be revising it's 2014 guidance on taxation of cryptocurrency. Hopefully the new rules will establish a fairer method of determining cost basis and demystify other tax consequences arising from cryptocurrency transactions, says Sean Ryan of blockchain accounting software firm NODE40.
Businesses providing services over the internet are likely to face continued challenges to comply with the expanding implementation of China's cybersecurity law, especially with respect to broadening definitions of personal information holders under new guidance, say Xiaoyan Zhang and Vincent James Barbuto of Reed Smith.
A Massachusetts federal court's eventual decision on cellphone searches at the U.S. border in Alasaad v. Nielsen will further illustrate the differences in how federal courts apply the U.S. Supreme Court's 2014 decision in Riley v. California to the warrant-requirement exception for border searches, says Sharon Barney at Leech Tishman.
The problem underlying the Ninth Circuit’s recent Altera v. Commissioner decision is one that has long bedeviled courts considering how multinational companies should share tax costs: how to determine what unrelated parties would have done at arm’s length when comparables cannot be found, says Reuven Avi-Yonah at the University of Michigan.
When evaluating potential new hires, law firms should utilize structured interviews in order to create a consistent rating system that accurately and effectively assesses candidates' skills and competencies, says Jennifer Henderson of Major Lindsey.
In a new commentary, the Sedona Conference considers shielding cybersecurity information from discovery with the attorney-client privilege and work-product protection. Matthew Hamilton and Donna Fisher of Pepper Hamilton query whether it makes sense to single out cybersecurity information for reform.
While the Federal Communications Commission's recent ruling authorizing phone carriers to block unwanted calls is a laudable effort, the lack of any industry call-blocking standards or appreciable oversight is a cause of massive concern for many callers who do not know whether their calls will be connecting, says Eric Troutman of Squire Patton.
The Federal Trade Commission's data security settlement with LightYear Dealer Technologies is notable because the company does not market or sell products directly to consumers, and because the FTC made the eyebrow-raising claim that LightYear is a financial institution under the Gramm-Leach-Bliley Act, say attorneys at ZwillGen.
Three years after the U.S. Supreme Court's landmark consumer privacy decision in Spokeo v. Robins, Mary-Christine Sungaila and Marco Pulido at Haynes and Boone examine how courts have applied the opinion, the role of congressional findings in Article III standing cases, and a developing litigation trend.
This week, the U.S. Supreme Court held in Return Mail v. U.S. Postal Service that the federal government is not capable of petitioning for post-issuance review of a patent under the America Invents Act, but the practical reach of the ruling may be limited, say Scott Felder and Alexander Owczarczak of Wiley Rein.
A recent series of actions brought by the U.S. Securities and Exchange Commission suggests that insider trading by lawyers may be on the rise. Legal departments and law firms should understand the four types of cases the SEC is pursuing in this area, says Daniel Hawke of Arnold & Porter.
When I was growing up, my mother was always the more mild-mannered parent. But during a trans-Atlantic phone call in 1991, when I told her I wanted to go to culinary school instead of law school, she started yelling — at a volume I had never heard from her, says Jason Brookner of Gray Reed.
There are a few practical, proactive steps law firms can take to create a mentoring program that pays dividends — instead of creating a mediocre program that both parties see as an obligation, says Kate Sheikh of Major Lindsey & Africa.