On April 8th, 2021, tech mogul Elon Musk made an unexpected move in a federal court, asking a judge to dismiss a $258 billion lawsuit against him. The lawsuit, filed against Musk by investors in the cryptocurrency Dogecoin, claims that Musk has been manipulating the cryptocurrency markets. The lawsuit alleges that Musk and his company,… Continue reading Elon ‘The Dogefather’ Musk Asks Judge to Toss $258 Billion Racketeering Lawsuit
Category: case
A judge dismissed Phhhoto’s antitrust suit against Meta
It’s all over for Phhhoto, a photo sharing app startup that had been locked in an antitrust case. On Monday, a judge dismissed the suit that had been leveled against mobile social network Meta. The case began when Phhhoto claimed Meta, who had recently acquired the photo sharing app Path, had engaged in antitrust practices.… Continue reading A judge dismissed Phhhoto’s antitrust suit against Meta
The Internet Archive has lost its first fight to scan and lend e-books like a library
In a major blow to libraries and users of the Internet Archive, the U.S. Supreme Court recently declined to hear the case of Authors Guild v. HathiTrust and the Internet Archive. This case was in regards to a 2014 decision by the U.S. Second Circuit Court of Appeals that the Internet Archive could legally scan… Continue reading The Internet Archive has lost its first fight to scan and lend e-books like a library
How TikTok failed to make the case for itself
The rise of TikTok over the last two years has been nothing short of meteoric. It’s become one of the biggest social media platforms in the world, with over 800 million users and growing. But for all its success, TikTok still struggles to make the case for itself. TikTok’s appeal lies in its wide range… Continue reading How TikTok failed to make the case for itself
Coinbase Heads to the Supreme Court in First Crypto Case
Coinbase, the largest cryptocurrency exchange in the United States, is heading to the Supreme Court in what is believed to be the first Bitcoin-related case to make it to the highest court in the nation. The case, CFTC v. Coinbase Inc., revolves around allegations that Coinbase allowed users to trade Bitcoin derivatives without registration or… Continue reading Coinbase Heads to the Supreme Court in First Crypto Case
Case of Mad Cow Disease Reported in the Netherlands
Mad cow disease, formally known as bovine spongiform encephalopathy (BSE), is an infectious neurological disorder in cattle that has been of great concern to cattle producers as well as the public due to the potential for transmission to humans. In the Netherlands, a case of Mad Cow Disease [MCD] has recently been discovered, leading to… Continue reading Case of Mad Cow Disease Reported in the Netherlands
SpaceX Capsule Refitted to Carry 5 Crew Members in Case of ISS Emergency
SpaceX is readying its Crew Dragon capsule to receive an upgrade that will allow it to transport up to five International Space Station crew members in an emergency. In the event of an ISS evacuation – due to a catastrophic failure or some other kind of emergency – SpaceX’s Crew Dragon spacecraft would be modified… Continue reading SpaceX Capsule Refitted to Carry 5 Crew Members in Case of ISS Emergency
Judge Says Elon Musk’s Trial Must Take Place on Twitter’s Home Turf
In a recent court case, tech entrepreneur and Tesla CEO Elon Musk had sought to move the trial from California to Nevada. However, the judge has denied this move and decided that the case must take place in California, the home turf of social media giant Twitter. The legal dispute stemmed from a tweet Musk… Continue reading Judge Says Elon Musk’s Trial Must Take Place on Twitter’s Home Turf
Daily Crunch
Daily Crunch: Meta to Pay $725M Settlement in Cambridge Analytica Data Access Case Meta, the leading data marketplace, has made news after it announced that it will pay $725 million to settle regulatory charges related to Cambridge Analytica’s data access case. This settlement is the largest in history and sheds light on the serious implications… Continue reading Daily Crunch
SBF is headed back to the US to face a number of criminal charges
The United States Department of Justice (DOJ) has announced that a prominent and highly successful businessman, identified as Steven B. Fosselman (SBF), is now headed back to the US to face a number of criminal charges. SBF had been living and working abroad for the last several years, though the specifics of his business pursuits… Continue reading SBF is headed back to the US to face a number of criminal charges