A US district court judge sentenced Caroline Ellison, the former advisor and ex-girlfriend to the convicted crypto fraudster and FTX founder Sam Bankman-Fried, to two years in prison.
The Department of Justice (DOJ) filed an antitrust lawsuit against Visa. The lawsuit alleges that the financial firm holds a monopoly over debit network markets allowing it to charge banks and markets with exorbitant fees that get passed onto consumers and keep rival companies like PayPal and Square from competing on their level.
Google is facing yet more scrutiny over its ad tech practices after the UK’s competition watchdog provisionally found that the company is abusing its dominant market position.
New Mexico's attorney general has filed a lawsuit against Snap, accusing the company of failing to protect children from sextortion, sexual exploitation and other harms on Snapchat.
British tech billionaire Mike Lynch died in August after the yacht he was on capsized off the coast of Sicily. Yet, Hewlett-Packard is continuing its UK lawsuit, seeking up to $4 billion in damages — just against his estate instead. In a statement, HP said it intended "to follow the proceedings through to their conclusion."
A federal judge has ruled that social media companies can’t be required to block certain types of content from teens. The ruling will prevent some aspects of a controversial social media law in Texas from going into effect.
After the country’s Supreme Court ordered internet service providers to block access to X, the platform was largely unavailable in the country by Sunday night.
Brazilian Supreme Court Justice Alexandre de Moraes has ordered the nation’s internet service providers to block the social media platform X. The New York Times reports that the order stems from owner Elon Musk’s refusal to appoint a legal representative for his case and comply with Moraes’ order to shut down X accounts he deemed as harmful to the democratic process.
A Texas judge denied Media Matters for America’s request for a dismissal on Thursday allowing X’s lawsuit over alleged anti-semitic and racist content. The Verge reported that Northern District of Texas Judge Reed O’Connor dismissed the request for a dismissal paving the way for X’s lawsuit against Media Matters to continue.
A judge in Brazil has blocked Starlink’s bank accounts in the country amid a deepening dispute with X.