Category Archives: Legal Actions

How Sam Bankman-Fried made things worse for himself with his arrogance

March 29, 2024 How Sam Bankman-Fried made things worse for himself with his arrogance For someone obsessed with betting, SBF turned out to be a pretty lousy gambler. BY James Surowiecki Sam Bankman-Fried, who was sentenced to prison for 25 years on Thursday for having pilfered customer funds from his crypto exchange FTX, became famous for … Continue reading How Sam Bankman-Fried made things worse for himself with his arrogance

Cruise puts robotaxi operations on pause following California license suspension

Cruise puts robotaxi operations on pause following California license suspension The company says it’s looking to ‘rebuild public trust.’ Mariella Moon   Updated Fri, Oct 27, 2023 ASSOCIATED PRESS Cruise has paused all its driverless operations, the company has announced on LinkedIn and X. The GM-backed self-driving firm explained that it’s taking time to examine … Continue reading Cruise puts robotaxi operations on pause following California license suspension

EU antitrust probe into $20B Adobe-Figma deal resumes

EU antitrust probe into $20B Adobe-Figma deal resumes Radek Zielinski / Oct 20, 2023   European Union antitrust regulators have restarted their in-depth investigation into Adobe’s proposed $ 20 billion acquisition of web-based design platform Figma, giving themselves until February 5th to reach a decision on the mega tech deal. According to an Oct. 20 … Continue reading EU antitrust probe into $20B Adobe-Figma deal resumes

Canadian judge rules the thumbs up emoji counts as a contract agreement

Canadian judge rules the thumbs up emoji counts as a contract agreement   Lawrence Bonk A Canadian judge has ruled that the popular “thumbs-up” emoji not only can be used as a contract agreement, but is just as valid as an actual signature. The Saskatchewan-based judge made the ruling on the grounds that the courts … Continue reading Canadian judge rules the thumbs up emoji counts as a contract agreement

Judge blocks federal officials from contacting tech companies

Senate appoints former NSA official as head of US cybersecurity agency   Mariella Moon   @mariella_moon A former NSA and White House official has been appointed to lead the Cybersecurity and Infrastructure Security Agency (CISA) at a time when ransomware and other kinds of cyberattacks are on the rise. The Senate has named Jen Easterly … Continue reading Judge blocks federal officials from contacting tech companies