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.

EU Agrees on Cybersecurity Laws to Protect Financial Sector
EU Agrees on Cybersecurity Laws to Protect Financial Sector
May 13, 2022  |  Cybersecurity

The European Parliament, the Council of the European Union and the European member states voted to pass two important pieces of legislation that will tighten...

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Sneaker Wars: Nike-StockX Feud Points to Deepening Rift in Footwear
Sneaker Wars: Nike-StockX Feud Points to Deepening Rift in Footwear
May 12, 2022  |  Retail

So, you wanna buy some sneakers? That used to be a pretty straightforward proposition that, once upon a time, was heavily skewed toward back-to-school sales...

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CFPB Orders $8M Paid to Consumers in Student Loan Scam
CFPB Orders $8M Paid to Consumers in Student Loan Scam
May 11, 2022  |  CFPB

The Consumer Finance Protection Bureau (CFPB) has finalized an enforcement action against RAM Payment and Account Management Systems, two payment processors working with debt relief,...

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Nike Alleges Sneaker Marketplace StockX is Selling Fake Shoes
Nike Alleges Sneaker Marketplace StockX is Selling Fake Shoes
May 11, 2022  |  Legal

Nike is continuing its legal battle with StockX, a sneaker marketplace, alleging that the latter company sold fraudulent shoes, Bloomberg wrote Wednesday (May 11). While...

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Payday Lenders Face Uphill Road To Invalidate CFPB’s Rules
Payday Lenders Face Uphill Road To Invalidate CFPB’s Rules
May 11, 2022  |  CFPB

On Monday, May 9, a Fifth Circuit panel questioned whether a U.S. Supreme Court ruling requires the Consumer Financial Protection Bureau (CFPB) to invalidate a...

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Meta Criticizes ‘Clearly Flawed’ German Antitrust Ruling
Meta Criticizes ‘Clearly Flawed’ German Antitrust Ruling
May 10, 2022  |  ANTITRUST

Facebook owner Meta Platforms said Tuesday (May 10) that a German antitrust order limiting its data collection was “clearly flawed” and undermined European data protection...

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Facial Recognition Developer Clearview AI Agrees to Limit Database Sales
Facial Recognition Developer Clearview AI Agrees to Limit Database Sales
May 09, 2022  |  Biometrics

Facial recognition software maker Clearview AI has settled a lawsuit from the American Civil Liberties Union (ACLU) and will limit access to its face database...

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Google, Meta Dodge UK’s Plan to Force Fairer Deals With Publishers 
Google, Meta Dodge UK’s Plan to Force Fairer Deals With Publishers 
May 09, 2022  |  Big Tech

The United Kingdom was about to join a list of countries including Australia, Canada, France and Spain that imposed limits on the negotiations between Big...

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Tech Startups Seeking US Funding Could Be Vetted After Pentagon Uncovers Chinese Exploitation
Tech Startups Seeking US Funding Could Be Vetted After Pentagon Uncovers Chinese Exploitation
May 08, 2022  |  Startups

Congress may command government agencies to vet tech startups looking for federal funding in the near future, according to a Wall Street Journal (WSJ) report...

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