March 28, 2024

Web and Technology News

Meta drops lawsuit against web scraping firm Bright Data that sold millions of Instagram records

Meta has dropped its lawsuit against an  Israeli web scraping company Bright Data, after losing a key claim in its case a few weeks ago. The social networking giant has a history of waging war against companies that scrape data from its websites and ap…

PayPal faces new antitrust lawsuit claiming it unfairly stifles competition with Stripe, Shopify and more

PayPal has been hit with a class-action lawsuit by consumers represented by law firm Hagens Berman alleging that the fintech giant’s anti-steering rules stifle competition against lower-cost payment platforms such as Stripe and Shopify.
Specifically, a…

Google pushes Match for more money in antitrust battle, court filing states

Google has filed a new motion to the court in its antitrust battle with Epic Games and Match Group, where it claims that the dating app maker owes additional fees beyond the $40 million that had been previously set aside in escrow. Those funds are Google’s cut of Match’s in-app payments on Google Play that […]

SEC sues Richard Heart and his projects Hex, PulseChain and Pulse X for fraud, securities violations

The U.S. Securities and Exchange Commission (SEC) said it is suing Richard Schueler, known online as Richard Heart and his three crypto projects, Hex, PulseChain and PulseX, for conducting unregistered offerings of “crypto asset securities.” The unregistered offerings raised more than $1 billion in crypto from investors, the agency stated. Heart and PulseChain also were […]

Federal court rules Ripple’s XRP token can be treated as a security… sometimes

The saga of Ripple Labs, the XRP token, and whether the sale of its crypto token constituted a securities law violation in the U.S. advanced today. In a ruling from the U.S. District Court of the Southern District of New York, Judge Analisa Torres gave a nuanced view on the matter. In summary, after examining […]

Federal court rules Ripple’s XRP token can be treated as a security… sometimes by Jacquelyn Melinek originally published on TechCrunch

Kenyan court paves way for lawsuit alleging Facebook played role in fuelling Ethiopia’s Tigray conflict

Petitioners seek to compel Meta to stop viral hate on Facebook, ramp up content review, and to create a $1.6 billion compensation fund.

Kenyan court paves way for lawsuit alleging Facebook played role in fuelling Ethiopia’s Tigray conflict by Annie Njanja originally published on TechCrunch

Appeals court rules in favor of Meta in antitrust case from State AGs

Meta has won an antitrust lawsuit that pitted the tech giant against dozens of state attorneys general, led by New York, who had alleged Meta had illegally maintained monopoly power in the social networking market through its acquisitions of photo-sharing app Instagram in 2012 and WhatsApp in 2014, and that it gained further power through […]

Appeals court rules in favor of Meta in antitrust case from State AGs by Sarah Perez originally published on TechCrunch

Ex-Twitter CEO Agrawal, other execs sue firm over unpaid legal bills

Former Twitter employees, including ex-CEO Parag Agrawal, ex-legal head Vijaya Gadde, and ex-CFO Ned Segal, have sued the social network over alleged unpaid legal reimbursements. The lawsuit, filed in Delaware Chancery Court, alleged that Twitter has to pay over $1 million to the former executives for legal bills they incurred while at the company to […]

Ex-Twitter CEO Agrawal, other execs sue firm over unpaid legal bills by Ivan Mehta originally published on TechCrunch

A judge dismissed Phhhoto’s antitrust suit against Meta

A U.S. District Court Judge for the Eastern District of New York threw out a lawsuit against Meta this week that had been simmering for a year and a half. The suit, filed in late 2021 by now-shuttered social app Phhhoto, alleged that Meta violated federal antitrust law by copying its core features with the […]

A judge dismissed Phhhoto’s antitrust suit against Meta by Taylor Hatmaker originally published on TechCrunch