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.

States Allege Google, Facebook CEOs Colluded in Online Ad Sales
States Allege Google, Facebook CEOs Colluded in Online Ad Sales
January 17, 2022  |  ANTITRUST

Newly released details of a lawsuit filed against Google revealed the division of Alphabet Inc. colluded with rival Facebook to manipulate online advertising sales, The Wall...

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UK Lawsuit Claims Facebook Exploited Personal Data of 44 Million Users
UK Lawsuit Claims Facebook Exploited Personal Data of 44 Million Users
January 16, 2022  |  Legal

Facebook, now known as Meta, faces a fine of over $3.2 billion over allegations that it exploited data and abused its market dominance, Reuters reported...

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Apple to Follow Dutch Rules on Allowing Third-Party Dating App Payments
Apple to Follow Dutch Rules on Allowing Third-Party Dating App Payments
January 16, 2022  |  Apple

Apple will follow a Dutch ruling to let a third-party payment options for dating apps, Reuters reported Saturday (Jan. 15). This will be the first...

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US State Banking Regulators Drop Lawsuit Over FinTech Charters
US State Banking Regulators Drop Lawsuit Over FinTech Charters
January 14, 2022  |  Regulation

A group of U.S. banking regulators withdrew their lawsuit that sought to block the federal government from granting bank charters to FinTech companies.  The Conference of...

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State Bank of Pakistan, Government Weighing Crypto Ban
State Bank of Pakistan, Government Weighing Crypto Ban
January 13, 2022  |  Cryptocurrency

The State Bank of Pakistan (SBP) and the federal government are reportedly weighing a ban on all cryptocurrency transactions in the country, according to Cointelegraph...

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PoolTogether Lawsuit Will Test Whether DeFi Really Is Decentralized
PoolTogether Lawsuit Will Test Whether DeFi Really Is Decentralized
January 13, 2022  |  Blockchain

At a Senate Banking Committee hearing on stablecoins in December, Sen. Elizabeth Warren called decentralized finance (DeFi) “the most dangerous part of the crypto world.”...

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FTC Can Refile Antitrust Case Against Facebook, Judge Rules
FTC Can Refile Antitrust Case Against Facebook, Judge Rules
January 11, 2022  |  ANTITRUST

The Federal Trade Commission will now have another chance to go after its illegal monopolization charges against Facebook, CNBC reported Tuesday (Jan. 11). The judge...

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UK Microchip Firm Arm Probes Payments to Chinese Joint Venture
UK Microchip Firm Arm Probes Payments to Chinese Joint Venture
January 06, 2022  |  International

U.K.-based microchip maker Arm has been looking into suspicious payments to senior executives at its Chinese joint venture Arm China, which it owns with a...

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Texas SEC Probes Gunmaker, Climate Change Policies Among Lenders
Texas SEC Probes Gunmaker, Climate Change Policies Among Lenders
January 06, 2022  |  Legal

The Texas office of the Securities and Exchange Commission (SEC) will be conducting a probe into lenders’ disclosures and their policies on current issues like...

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