Engadget : Business

Coinbase has filed a motion to dismiss a Securities and Exchange Commission lawsuit in which the agency accused the company of illegally running an unregistered national securities exchange, broker and clearing agency. Coinbase claims that, because it doesn't deal in securities, the SEC has no authority over its operations.

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After a months-long investigation, the FCC has decided to go ahead with its proposed record-setting $300 million fine against “the largest illegal robocall operation” the agency has ever encountered.

Engadget : Business

Tesla is already facing the fallout from a report that it exaggerated EV ranges and tried to muffle complaints. Three owners in California have launched a proposed class action lawsuit accusing Tesla of false advertising.

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Elon Musk and X, the site formerly known as Twitter, are in more legal trouble. The Agence France-Presse (AFP) is suing X for not engaging in discussions about payment to the French publisher in exchange for its articles appearing on the platform.

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ByteDance is facing a class-action lawsuit over claims that its CapCut video-editing app is vacuuming up data from its more than 200 million active users without consent.

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X Corp (aka Twitter) may take legal action against one of its more outspoken critics. The Center for Countering Digital Hate (CCDH) says in a letter that X threatened a lawsuit against the anti-hate group on July 20th for allegedly making "false or misleading" claims against the social media giant and trying to scare advertisers.

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An investigation into Microsoft's potential antitrust practices is underway nearly three years after Slack first filed a complaint against the company. The European Commission has announced a probe into if Microsoft bundling Teams with its product suites violated EU competition rules.

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Elon Musk is taking his battle with the Securities and Exchange Commission (SEC) to the highest court in the country. Attorney Alex Spiro has confirmed that Musk will ask the Supreme Court to decide whether the SEC went too far with a consent decree determining what Musk can say about Tesla's financials on Twitter (now X).

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A three-judge panel with the 9th U.S. Circuit Court of Appeals has ruled in favor of Meta-owned Instagram after a pair of photographers accused the social media giant of copyright infringement, as reported by Gizmodo. The basic gist of the case was that Instagram violated copyrights by letting outside websites and publications embed images without the explicit consent of content creators.