legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Spotify Faces FTC Complaint From Music Publishers
Spotify Faces FTC Complaint From Music Publishers
June 13, 2024  |  Streaming

Spotify is facing an FTC complaint from music publishers and songwriters over royalties. As Bloomberg News reported, the National Music Publishers’ Association (NMPA) filed the complaint with the Federal Trade...

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SEC Seeks Federal Judge’s Approval of Settlement With Terraform Labs
SEC Seeks Federal Judge’s Approval of Settlement With Terraform Labs
June 12, 2024  |  Legal

The Securities and Exchange Commission reportedly asked a federal judge Wednesday (June 12) to approve a settlement with Terraform Labs. The deal would resolve an...

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Synapse’s Specter of Commingled Funds Points to Issues in FinTech, BaaS Governance
Synapse’s Specter of Commingled Funds Points to Issues in FinTech, BaaS Governance
June 12, 2024  |  Legal

If there’s a surety in FinTech, and particularly within banking as a service, it’s that there will be more regulations. It’s likely that there will...

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AI Regulation: Global Picture Balances Innovation and Insight
AI Regulation: Global Picture Balances Innovation and Insight
June 12, 2024  |  artificial intelligence

The global artificial intelligence (AI) landscape is undergoing significant shifts as regulators grapple with the technology’s rapid advancements. While the U.S. and Europe are considering...

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4 More States Join DOJ Antitrust Lawsuit Targeting Apple
4 More States Join DOJ Antitrust Lawsuit Targeting Apple
June 11, 2024  |  ANTITRUST

Four more states have joined the Department of Justice’s civil antitrust lawsuit alleging that Apple monopolizes smartphone markets. The attorneys general of Indiana, Massachusetts, Nevada...

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SEC, US Attorney Charge Joonko Founder Ilit Raz With Fraud
SEC, US Attorney Charge Joonko Founder Ilit Raz With Fraud
June 11, 2024  |  Legal

The founder of a now-closed artificial intelligence (AI) recruitment startup called Joonko is facing charges from both the Securities and Exchange Commission (SEC) and the...

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Court Rejects Uber’s Challenge to California Gig Worker Law
Court Rejects Uber’s Challenge to California Gig Worker Law
June 10, 2024  |  Gig Economy

Uber said Monday (June 10) that a U.S. appeals court decision rejecting the company’s challenge to a California law that could force it to treat...

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Synapse Hearing Highlights Frustration With Banking-as-a-Service Complexities
Synapse Hearing Highlights Frustration With Banking-as-a-Service Complexities
June 10, 2024  |  Legal

The drama surrounding the Synapse Financial bankruptcy continued Friday (June 7) with an afternoon court hearing in California’s Central District Bankruptcy Court, although the case...

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Judge Allows Yelp to Sue Firm That Claimed to Remove ‘Bad’ Reviews
Judge Allows Yelp to Sue Firm That Claimed to Remove ‘Bad’ Reviews
June 07, 2024  |  Legal

Yelp can continue a trademark infringement and unfair competition lawsuit against a company that advertised that it could remove “bad” reviews from the platform. A...

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