legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.
StubHub Accused of ‘Convoluted Junk Fee Scheme’ in DC Lawsuit
StubHub Accused of ‘Convoluted Junk Fee Scheme’ in DC Lawsuit
July 31, 2024  |  Legal

A lawsuit accuses StubHub of tricking its customers into paying inflated prices. The lawsuit, filed Wednesday (July 31) by Washington, D.C., Attorney General Brian Schwalb,...

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Delta Plans Legal Action Amid $500 Million Hit From CrowdStrike Outage
Delta Plans Legal Action Amid $500 Million Hit From CrowdStrike Outage
July 31, 2024  |  Connected Economy

Delta Air Lines says a recent, and massive, IT outage will cost it $500 million. That’s according to a report Wednesday (July 31) from Bloomberg News, citing a...

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Uber, Lyft Applaud California Supreme Court Ruling on Gig Workers
Uber, Lyft Applaud California Supreme Court Ruling on Gig Workers
July 25, 2024  |  Gig Economy

The California Supreme Court ruled Thursday (July 25) that gig workers can be classified as independent contractors, ending a long legal battle in the state....

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English, Welsh Retailers Call for Crackdown as Shoplifting Leaps 30%
English, Welsh Retailers Call for Crackdown as Shoplifting Leaps 30%
July 24, 2024  |  Retail

Shoplifting surged by 30% in England and Wales over the last year, a government agency reported Wednesday (July 24). Leaders of a retail trade union...

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Commerce Department to Release Rules on Connected Vehicles
Commerce Department to Release Rules on Connected Vehicles
July 23, 2024  |  Connected Economy

The U.S. Commerce Department plans to unveil proposed regulations next month concerning connected vehicles, with a specific focus on critical software components manufactured in China...

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FTC: Federal Court Freezes Assets of USA Student Debt Relief
FTC: Federal Court Freezes Assets of USA Student Debt Relief
July 22, 2024  |  Legal

The Federal Trade Commission (FTC) said Monday (July 22) that a federal court halted the operations and froze the assets of the operators of USA Student Debt...

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Nigerian Regulator Fines Meta $220 Million, Alleging Privacy Law Violations 
Nigerian Regulator Fines Meta $220 Million, Alleging Privacy Law Violations 
July 19, 2024  |  Meta

A Nigerian regulator has fined Meta $220 million, saying the privacy policy of the company’s WhatsApp violated the country’s data and privacy laws. The Federal...

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Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices
Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices
July 19, 2024  |  Legal

The Federal Reserve Board said Friday (July 19) that it fined Green Dot $44 million for unfair and deceptive practices and a deficient consumer compliance risk management...

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Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps Grow
Web3 This Week: BlackRock CEO Calls Bitcoin ‘Legitimate,’ Mainstream Off-Ramps Grow
July 17, 2024  |  Blockchain

Traditional financial operations are centralized, regulated and audited. Blockchain technology and cryptocurrencies are, well, pretty much the opposite, relying instead on cryptographic algorithms and decentralized...

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