Technology

  • August 13, 2024

    FTC Makes 2nd Request In Review Of Medical Device Co. Deal

    Medical device company Surmodics Inc. disclosed Monday that federal regulators are taking a closer look at its agreement to be acquired by private equity giant GTCR in a $627 million deal.

  • August 13, 2024

    Contractors Owe $7M For Iron Plant Fire, Insurer Says

    An insurer for one of the world's largest steel producers told a Texas federal court that five companies it said were responsible for the design, manufacture, sale and installation of a failed component at an iron plant must foot the bill for a fire that cost the producer nearly $7 million.

  • August 13, 2024

    Tech Cos. Spar Over $117M Interest On $262M Patent Verdict

    Hard drive maker Western Digital Technologies Inc. and patent holder MR Technologies GmbH went back and forth on the patentee's requested $117 million prejudgment interest bid for a $262 million infringement verdict in its favor, with Western Digital calling the requested amount "an unjustified windfall."

  • August 13, 2024

    Green Generator Startup Moxion Files Ch. 7 After Layoffs

    Amazon-backed electric generator startup Moxion Power Co. filed for Chapter 7 liquidation in Delaware with between $100 million and $500 million of total estimated liabilities, not long after the San Francisco Bay Area company announced scores of layoffs.

  • August 12, 2024

    AI Art Cos. Can't Yet Ditch Artists' Copyright Claims

    A California federal judge on Monday refused to throw out artists' copyright infringement claims against four companies that make or distribute software that creates images with text prompts, but he did toss several other claims in their proposed class action, including unjust enrichment and breach of contract.

  • August 12, 2024

    Alleged 'Ransom Cartel' Boss Hit With Cybercrime Indictments

    A Belarussian and Ukrainian national extradited from Poland led two schemes that deployed malware through unsuspecting advertising companies and recruited participants from a Russian-speaking cybercrime forum to join a ransomware "cartel," federal prosecutors in New Jersey and Virginia alleged on Monday.

  • August 12, 2024

    FCC Looks To Require Better Cable, Phone Customer Service

    The Federal Communications Commission may soon seek to impose new customer services rules on phone, cable and broadband providers, including making it easier for subscribers to cancel their accounts.

  • August 12, 2024

    Navy Federal, Recording Software Co. Want Privacy Suit Nixed

    Navy Federal Credit Union customers can't bring an invasion of privacy class action over the credit union's use of artificial intelligence software to analyze and record customer calls, in part because its recording practices were appropriately disclosed, the nation's largest credit union has argued.

  • August 12, 2024

    Top 4 Trade Policy Developments Of 2024: Midyear Report

    International trade continued its ascent as a national security and industrial policy tool this year, including through new sanctions aimed at isolating Russia, updated tariffs on Chinese goods, new solar import policies and an expanded definition of unfair subsidies. Here, Law360 takes a look back at the top trade policy developments of 2024 so far.

  • August 12, 2024

    Intelsat Dinged $160K For Sending Satellite To Wrong Area

    Intelsat has agreed to pay the $160,000 penalty associated with deploying a satellite out into a region of space outside what the satellite network provider's authorization from the Federal Communications Commission permitted.

  • August 12, 2024

    Gamers Freed From Arbitration Take On Valve's 30% Cut

    Valve, the operator of the dominant PC game marketplace Steam, is facing a new proposed class action accusing the company of monopolizing the gaming market to artificially inflate prices, this time from a group of plaintiffs who say they have overcome the company's arbitration agreements.

  • August 12, 2024

    Tougher 'Spectrum Screen' Would Spur Competition, FCC Told

    To make room for at least a fourth competitor in the wireless industry, advocacy groups want the Federal Communications Commission to further tighten limits on the holdings of the three biggest holders of commercial spectrum.

  • August 12, 2024

    The Biggest Telecom Developments Of 2024: Midyear Report

    The first half of 2024 saw sweeping change in the telecom sphere as the Federal Communications Commission's Democratic majority pushed through controversial net neutrality rules and confronted challenges on artificial intelligence, national security and more, but also faces the prospect of new headwinds as the nation's top court pared back powers of federal agencies.

  • August 12, 2024

    US Falls Short In Protecting Undersea Cables, Cruz Says

    Sen. Ted Cruz, R-Texas, is hopping mad that the U.S. Maritime Administration has not requested any funds for its undersea cable security fleet but included requests for diversity and climate change initiatives in its proposed budget, which the Texas senator decries as "woke nonsense."

  • August 12, 2024

    Jetaire Patents Axed After Fla. Judge Backs Magistrate Report

    A Florida federal judge invalidated three "fuel tank ignition mitigation technology" patents held by Jetaire Aerospace LLC and granted its competitor AerSale Inc. an early win over the infringement claims Jetaire brought against it, fully adopting a magistrate judge's recommendation that the patents be axed under the on-sale bar.

  • August 12, 2024

    Ease Letter Of Credit Rules For Tribal Broadband, FCC Urged

    Tribal telecom carriers have called on the Federal Communications Commission to ease or eliminate bank credit restrictions for tribes bidding on federally funded broadband deployment projects, pointing to unique challenges they face in securing the required letters of credit.

  • August 12, 2024

    SEC, SolarWinds In Settlement Talks After Cyber Suit Trimmed

    Software company SolarWinds Corp. is in talks to settle a U.S. Securities and Exchange Commission cybersecurity lawsuit after a Manhattan federal judge dismissed the majority of claims over a 2020 data breach, the parties said Monday.

  • August 12, 2024

    Proofpoint Seeks To Double $13.5M IP Trial Win At 9th Circ.

    Software company Proofpoint urged the Ninth Circuit to find the lower court erred in denying it exemplary damages that could have doubled its $13.5 million trade secret theft verdict, arguing that a jury should've decided the issue and the ruling violated Proofpoint's Seventh Amendment rights to a jury trial.

  • August 12, 2024

    Investors Sue Nuclear Co. Over 'Laughable' Regulatory Claims

    Nano Nuclear Energy Inc. misled investors about its progress towards regulatory approval and commercialization of its energy products and that its higher-ups are independent contractors working as executives of other companies, according to a proposed class action filed in New York federal court.

  • August 12, 2024

    Protest Tossed After Navy Cancels $12M Software Deal

    A Court of Federal Claims judge has dismissed a technology company's protest over the U.S. Navy's alleged violation of a federal preference for commercial products when it issued a sole-source software contract, finding cancellation of the deal made the dispute effectively moot.

  • August 12, 2024

    Ill. To Require Employers To Notify Workers When Using AI

    Illinois employers will soon have to tell workers and applicants when they're using artificial intelligence in employment decisions and be barred from using technology that has a discriminatory impact under legislation signed by Democratic Gov. JB Pritzker.

  • August 12, 2024

    TikTok Hit With Another Children's Privacy Breach Suit

    A group of parents has filed a proposed class action against TikTok and its parent company in California federal court alleging invasion of privacy and unfair business practices targeting millions of children under age 13 across the United States.

  • August 12, 2024

    UK Competition Watchdog Looking Into $35B Software Deal

    The U.K.'s competition regulator said Monday it is delving into whether Synopsys Inc.'s $35 billion acquisition of Ansys Inc. will hurt competition in the region.

  • August 12, 2024

    Nokia Resets Merger Review Clock For $2.3B Infinera Deal

    Nokia has agreed to give the U.S. Department of Justice more time to review its planned $2.3 billion purchase of Silicon Valley optical-transmission equipment maker Infinera for potential competition concerns.

  • August 12, 2024

    Asian Streaming Platform Plans US Listing Via SPAC Merger

    Asia-focused animation and streaming platform Global IBO Group Ltd. plans to go public in the U.S. at an estimated $8.3 billion valuation by merging with special purpose acquisition company Bukit Jalil Global Acquisition 1 Ltd., under guidance from two law firms.

Expert Analysis

  • Series

    Serving In The National Guard Makes Me A Better Lawyer

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    My ongoing military experience as a judge advocate general in the National Guard has shaped me as a person and a lawyer, teaching me the importance of embracing confidence, balance and teamwork in both my Army and civilian roles, says Danielle Aymond at Baker Donelson.

  • Will Texas Stock Exchange Provide Regulatory Haven?

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    While the newly proposed Texas Stock Exchange may represent a market reaction to increasingly complex regulations, those looking to list on a national securities exchange should consider that their choice of an exchange may not relieve them of some of the most burdensome public company requirements, say Elizabeth McNichol and Ryan Lilley at Katten.

  • Opinion

    Proposed Terminal Disclaimers Rule Harms Colleges, Startups

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    Universities and startups are ill-suited to follow the U.S. Patent and Trademark Office’s recently proposed rule on terminal disclaimers due to their necessity of filing patent applications early prior to contacting outside entities for funds and resources, say attorneys at Sterne Kessler.

  • A Midyear Forecast: Tailwinds Expected For Atty Hourly Rates

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    Hourly rates for partners, associates and support staff continued to rise in the first half of this year, and this growth shows no signs of slowing for the rest of 2024 and into next year, driven in part by the return of mergers and acquisitions and the widespread adoption of artificial intelligence, says Chuck Chandler at Valeo Partners.

  • Opinion

    Cell Tech Patent Holdup Is Stalling Automaker Innovation

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    Courts and Congress should seek to stem anticompetitive harm caused by standard-essential patent holders squeezing automakers with unfairly high royalties for cellular connectivity technology, says Charles Haake at Alliance for Automotive Innovation.

  • Mitigating Risks Amid 10-Year Sanctions Enforcement Window

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    In response to recent legislation, which doubles the statute of limitations for actions related to certain U.S. sanctions and provides regulators greater opportunity to investigate possible violations, companies should take specific steps to account for the increased civil and criminal enforcement risk, say attorneys at Freshfields.

  • M&A In The AI Era: Key Deal Terms To Watch

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    As the artificial intelligence market matures, so will due diligence needs, as M&A deals aimed at consolidation and new synergies raise unique legal and regulatory challenges, including potential antitrust and national security reviews, say attorneys at Skadden.

  • Opinion

    States Should Loosen Law Firm Ownership Restrictions

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    Despite growing buzz, normalized nonlawyer ownership of law firms is a distant prospect, so the legal community should focus first on liberalizing state restrictions on attorney and firm purchases of practices, which would bolster succession planning and improve access to justice, says Michael Di Gennaro at The Law Practice Exchange.

  • FBI Raid Signals Growing Criminal Enforcement Of Algorithms

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    The U.S. Department of Justice Antitrust Division's increased willingness to pursue the use of algorithmic pricing as a potential criminal violation means that companies need to understand the software solutions they employ and stay abreast of antitrust best practices when contracting with providers, say attorneys at Rule Garza.

  • Trending At The PTAB: Multiple Petitions In IPRs

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    Recent Patent Trial and Appeal Board decisions and a proposed rulemaking indicate the board’s intention to continue to take a tougher stance on multiple inter partes review petitions challenging the same patent, presenting key factors for petitioners to consider, like the necessity of parallel filings and serial petitions, say Yinan Liu and Cory Bell at Finnegan.

  • Unpacking Pressures, Trends Affecting Global Supply Chains

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    A recent HSBC report reveals a number of trends and challenges for global supply chains in the current uncertain geopolitical landscape, and with constant emerging opportunities, companies that can stay informed, be proactive and adapt to change will be well positioned to succeed, says Michelle Craven-Faulkner at Shoosmiths.

  • Series

    Solving Puzzles Makes Me A Better Lawyer

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    Tackling daily puzzles — like Wordle, KenKen and Connections — has bolstered my intellectual property litigation practice by helping me to exercise different mental skills, acknowledge minor but important details, and build and reinforce good habits, says Roy Wepner at Kaplan Breyer.

  • What UK Digital Markets Act Will Mean For Competition Law

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    The new Digital Markets Act’s reforms will strengthen the Competition and Markets Authority's investigatory and enforcement powers across its full remit of merger control and antitrust investigations, representing a seismic shift in the U.K. competition and consumer law landscape, say lawyers at Travers Smith.

  • Series

    After Chevron: FCC And Industry Must Prepare For Change

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    The Chevron doctrine was especially significant in the communications sector because of the indeterminacy of federal communications statutes, so the U.S. Supreme Court's overturning of the doctrine could have big implications for those regulated by the Federal Communications Commission, bringing both opportunities and risks for companies, say Thomas Johnson and Michael Showalter at Wiley.

  • Dapper Settlement Offers Rules Of The Road For NFT Issuers

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    The terms of a $4 million settlement in a class action alleging that Dapper Labs sold its NBA Top Shot Moments as unregistered securities may be a model for third parties that wish to avoid securities liability in connection with offering digital asset non-fungible token collectibles, say attorneys at K&L Gates.

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