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.

Report: Apple Aims to Take Epic Games Case to Supreme Court
Report: Apple Aims to Take Epic Games Case to Supreme Court
July 03, 2023  |  Legal

Apple is reportedly looking to take its battle with Epic Games to the Supreme Court. The tech giant said in a court filing that it will ask the U.S....

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Silicon Valley Bank Depositors Cheer Cayman Islands Court Ruling
Silicon Valley Bank Depositors Cheer Cayman Islands Court Ruling
June 30, 2023  |  Legal

Silicon Valley Bank customers with accounts in the Cayman Islands may be getting their money back. A Cayman Islands court approved a petition Thursday (June...

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Coinbase Seeks Dismissal of SEC Lawsuit, Claiming Agency Has No Authority
Coinbase Seeks Dismissal of SEC Lawsuit, Claiming Agency Has No Authority
June 29, 2023  |  Legal

Coinbase wants a judge to dismiss the Securities and Exchange Commission’s (SEC) case against it. The cryptocurrency platform filed a motion Wednesday (June 28) in federal court arguing that the...

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OpenAi Sued for ‘Unprecedented’ Data Theft and Privacy Violations
OpenAi Sued for ‘Unprecedented’ Data Theft and Privacy Violations
June 29, 2023  |  News

A federal lawsuit claims OpenAI trained its ChatGPT tool using millions of people’s stolen data. The suit, filed Wednesday (June 28) in U.S. District Court...

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FTX Moves to Resurrect International Crypto Exchange
FTX Moves to Resurrect International Crypto Exchange
June 28, 2023  |  Cryptocurrency

FTX reportedly wants to relaunch its exchange amid ongoing legal fallout from its collapse. CEO John J. Ray III told The Wall Street Journal (WSJ) Wednesday...

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Zalando Fights EU’s Digital Services Act in Court
Zalando Fights EU’s Digital Services Act in Court
June 28, 2023  |  Retail

Germany’s Zalando is considered Europe’s largest online fashion retailer. But is it a “very large online platform”? That’s now a matter for the courts. Zalando...

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Court Denies Bankman-Fried’s Motions to Dismiss Counts
Court Denies Bankman-Fried’s Motions to Dismiss Counts
June 27, 2023  |  Legal

A New York court has denied motions to dismiss counts against Sam Bankman-Fried. The founder and former CEO of bankrupt cryptocurrency exchange FTX had sought a dismissal of...

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FTX Recovers $7 Billion as Unnamed Lawyer Enters Debtors’ Crosshairs
FTX Recovers $7 Billion as Unnamed Lawyer Enters Debtors’ Crosshairs
June 27, 2023  |  Cryptocurrency

As the old adage goes, lying and stealing live next door to each other. And in the case of the failed FTX cryptocurrency exchange, it...

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Thomson Reuters Adds to AI Stable With $650M Casetext Deal
Thomson Reuters Adds to AI Stable With $650M Casetext Deal
June 27, 2023  |  Acquisitions

Thomson Reuters has acquired artificial intelligence (AI)-powered legal startup Casetext for $650 million. The Canadian multinational — whose businesses include news organization Reuters and legal...

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