Crypto investor sues Apple for offering malicious app that led to cryptocurrency theft
Sep 20, 2021 23:41 pm UTC| Law Digital Currency Economy
A crypto investor has sued Apple Inc. for offering a malicious application dubbed Toast Plus in its App Store that led to the theft of her 474 XRP cryptocurrencies. Maryland resident Hadona Diep, a full-time...
S. Korea's Firstface gets US court's nod in Touch ID patent dispute with Apple
Sep 18, 2021 23:52 pm UTC| Law Economy Technology
A US federal appeals court upheld the validity of two of the three Touch ID technology patents owned by South Koreas Firstface Co. in its dispute against Apple Inc. The technology was featured by iPhone 5S and...
FSS to appeal Seoul court decision favoring Woori chairman
Sep 18, 2021 23:26 pm UTC| Law Economy
The Financial Supervisory Service will appeal a Seoul court decision that nullified its penalty on the current Woori Financial Group Chairman Sohn Tae-seung for the misselling of high-risk funds. The Seoul...
Boston Beer sued by investors for misleading statements on seltzer biz
Sep 17, 2021 23:09 pm UTC| Law Economy
Investors are suing Boston Beer Co. for misrepresenting the sales performance of its seltzer product line, which includes Angry Orchard Hard Seltzer and Truly Hard Seltzer. At least three law firms have sued Boston...
Countless chicken meat buyers eligible to share in $181 million price-fixing settlement
Sep 16, 2021 21:57 pm UTC| Law Economy
A $181 million class-action price-fixing lawsuit settlement allows anyone who purchased chicken from a grocery store in the last decade-plus to be eligible for a share in the payments. Law firms Hagens Berman Sobol...
Judge orders Apple to alow app developers to receive payments outside its platform
Sep 10, 2021 23:53 pm UTC| Economy Law
A federal judge granted an injunction sought by Epic Games by ordering Apple Inc. to allow developers from receiving payments outside its App store, taking a big bite out of the Phone makers profitability. The App Store...
Coinbase receives lawsuit threat from SEC without explanation
Sep 10, 2021 23:41 pm UTC| Digital Currency Law
Nasdaq-listed cryptocurrency exchange Coinbase received a notice of potential legal action against its planned Lend program by the US Securities and Exchange Commission (SEC) on something that has yet to be...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects